Finland Finland

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Finland, is a country located at Northern Europe, it has an area of 338,460 Km2.

Finland, with a population of 5,563,970 people, it is one of the least populous country in the world and it has a low population density, 16 people per km2.

It's capital is Helsinki and its currency is Euros

Finland is holding the 47 position by nominal GDP. Its national debt in 2022 was 196,878 millions of euros (205,251 millions of dollars), ( 73.3% debt-to-GDP ratio) and its public debt per capita is €35,384 euros per inhabitant$36,889 dollars per inhabitant.

The last annual rate of CPI published in Finland was on February of 2024 and it was 3%.

In terms of the human development index (HDI) of Finland, which is the index used by the United Nations to measure the progress of a country, was 0.94 points in 2021, leaving it in 11th place in the table of 191 countries published.

If the reason to visit Finland are business, you must know it's in the 20th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Finland, if you want to see information about other countries click here

Helsinki: Monthly Temp.
Helsinki: Monthly Rainfall
Finland Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q412,409K
Annual GDP [+]2023€277,625M
Annual GDP [+]2023$300,196M
GDP per capita [+]2023€49,700
GDP per capita [+]2023$53,954
Quarterly GDP [+]2023Q4€69,043M
Debt (M.€.) [+]2022196,878
Debt ($M) [+]2022205,251
Debt (%GDP) [+]202273.30%
Debt Per Capita [+]2022€35,384
Debt Per Capita [+]2022$36,889
Deficit (M.€) [+]2022-1,387
Deficit ($M) [+]2022-2,407
Deficit (%GDP) [+]2022-0.50%
Expenditure (M.€) [+]2022143,133.0
Expenditure ($M) [+]2022150,189.0
Education Expenditure (M.€) [+]201814,650.7
Education Expenditure ($M) [+]201817,309.7
Education Expenditure (%Bud.) [+]201811.75%
Gov. Health Exp. (M.€) [+]202221,403,430,000.0
Gov. Health Exp.($M) [+]202222,537,811,790.0
Gov. Health Exp. (%Bud.) [+]201713.04%
Defence Expenditure (M.€) [+]20224,608.7
Defence Expenditure ($M) [+]20224,874.5
Defence Expenditure (%Bud.) [+]20223.22%
Expenditure (%GDP) [+]202253.30%
Expenditure Per Capita [+]2022€25,725
Expenditure Per Capita [+]2022$26,993
Education Expenditure P.C [+]2018€2,656
Education Expenditure P.C [+]2018$3,140
Gov. Health Exp. P.C. [+]2022€3,858
Gov. Health Exp. P.C. [+]2022$4,062
Defence Expenditure P.C. [+]2022€829
Defence Expenditure P.C. [+]2022$879
Moody's Rating [+]07/29/2022Aa1
S&P Rating [+]10/10/2014AA+
Fitch Rating [+]01/24/2020AA+
Corruption Index [+]202287
Competitiveness Ranking [+]201911º
Fragile States Index [+]201817.9
RTI Raking [+]202230º
Innovation Ranking [+]2018
Labour
Unemployment Rate [+]February 20247.7%
Unemployment rate [+]2023Q46.9%
Unemployed [+]2023Q4193K
Average Wage [+]2022$53,465
Average Wage [+]2022€50,774
Human Capital Ranking [+]2017
Markets
US Dollar exchange rate [+]04/12/20240.9388
10-Year Bond Yield [+]04/12/20242.82%
Risk Premium [+]04/12/202446
Stock ExchangeYTD % [+]04/12/2024-1.43%
Prices
CPI (overall index) [+]February 20243.0%
HICP [+]March 20240.7%
PPI Year on Year [+]February 2024-4.5%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202020º
IPI Year on Year [+]February 20241.3%
Passengers vehicles Year [+]December 202281,674
Annual Vehicles/ 1,000 p. [+]December 202217.37
Motor vehicle production [+]202273,044
Vehicles / 1,000 people [+]2021577.57
Taxes
Tax Revenue (%GDP) [+]202242.9%
Standard VAT [+]01/01/201324.00%
Top tax rate + SSC [+]202259.4%
Trade
Annual arrivals [+]20193,290,238
Exports [+]2023€76,245.4M
Exports [+]2023$82,444.2M
Exports % GDP [+]202327.46%
Imports [+]2023€76,508.0M
Imports [+]2023$82,728.1M
Imports % GDP [+]202327.56%
Trade balance [+]2023€-262.6M
Trade balance [+]2023$-284.0M
Trade balance % GDP [+]2023-0.09%
Retail Sales YoY [+]December 2023-3.3%
Socio-Demography
Global AgeWatch Ranking [+]201514º
Density [+]202216
Global Peace Ranking [+]202313º
Crude divorce rate [+]20222.00‰
Remittance received ($M) [+]2017821.1
% Immigrant [+]20206.98%
% Emigrant [+]20205.64%
Birth Rate [+]20228.10‰
Remittance sent ($M) [+]2017944.2
Crude death rate [+]202211.40‰
Fertility Rate [+]20221.32
Crude marriage rate [+]20223.90‰
% risk of poverty [+]202312.2%
Population [+]20225,563,970
Immigrant stock [+]2020386,052
Emigrant stock [+]2020311,889
HDI [+]20210.940
Gender Gap Ranking [+]2023
Life expectancy [+]202281.20
Suicides [+]2021748
Suicide rate [+]202113.43
Number of homicides [+]202267
Rate Homicides per 100.000 [+]20221.21
Energy and Environment
CO2 Tons per capita [+]20216.97
Consumption GWh [+]202183,725
Generation GWh [+]202169,653
Others
COVID-19 - Deaths [+]03/31/202411,466
COVID-19 - Confirmed [+]03/31/20241,499,712
Fully vaccinated [+]01/09/20244,347,113
COVID-19 - Deaths per million population [+]03/31/20242,060.76
Doses administered [+]01/09/202413,327,120