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 5,603,851 people, it is one of the least populous country in the world and it has a low population density, 17 people per km2.

It's capital is Helsinki and its currency is Euros

Finland is holding the 48 position by nominal GDP. Its national debt in 2023 was 210,525 millions of euros (227,641 millions of dollars), ( 75.8% debt-to-GDP ratio) and its public debt per capita is €37,568 euros per inhabitant$40,622 dollars per inhabitant.

The last annual rate of CPI published in Finland was on June of 2024 and it was 1.3%.

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 [+]2024Q112,378K
Annual GDP [+]2023€274,880M
Annual GDP [+]2023$297,219M
GDP per capita [+]2023€49,280
GDP per capita [+]2023$53,038
Quarterly GDP [+]2024Q1€69,365M
Debt (M.€.) [+]2023210,525
Debt ($M) [+]2023227,641
Debt (%GDP) [+]202375.80%
Debt Per Capita [+]2023€37,568
Debt Per Capita [+]2023$40,622
Deficit (M.€) [+]2023-7,907
Deficit ($M) [+]2023-8,023
Deficit (%GDP) [+]2023-2.90%
Expenditure (M.€) [+]2023155,034.0
Expenditure ($M) [+]2023166,970.0
Education Expenditure (M.€) [+]202114,312.9
Education Expenditure ($M) [+]202116,928.5
Education Expenditure (%Bud.) [+]202110.23%
Gov. Health Exp. (M.€) [+]202220,634,710,000.0
Gov. Health Exp.($M) [+]202221,728,349,630.0
Gov. Health Exp. (%Bud.) [+]202115.07%
Defence Expenditure (M.€) [+]20224,608.7
Defence Expenditure ($M) [+]20224,853.2
Defence Expenditure (%Bud.) [+]20223.22%
Expenditure (%GDP) [+]202356.40%
Expenditure Per Capita [+]2023€27,555
Expenditure Per Capita [+]2023$29,796
Education Expenditure P.C [+]2021€2,583
Education Expenditure P.C [+]2021$3,071
Gov. Health Exp. P.C. [+]2022€3,714
Gov. Health Exp. P.C. [+]2022$3,911
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 [+]June 20248.4%
Unemployment rate [+]2024Q18.3%
Unemployed [+]2024Q1234K
Average Wage [+]2023$57,644
Average Wage [+]2023€53,310
Human Capital Ranking [+]2017
Markets
US Dollar exchange rate [+]07/26/20240.9208
10-Year Bond Yield [+]07/26/20242.86%
Risk Premium [+]07/26/202446
Stock ExchangeYTD % [+]07/26/2024-1.18%
Prices
CPI (overall index) [+]June 20241.3%
HICP [+]June 20240.5%
PPI Year on Year [+]May 20240%
Money Market
Key rates [+]06/12/20244.25%
Business
Doing Business [+]202020º
IPI Year on Year [+]April 2024-6.8%
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€76,391.9M
Exports [+]2023$82,355.5M
Exports % GDP [+]202327.79%
Imports [+]2023€76,888.8M
Imports [+]2023$82,344.7M
Imports % GDP [+]202327.97%
Trade balance [+]2023€-496.9M
Trade balance [+]2023$10.7M
Trade balance % GDP [+]2023-0.18%
Retail Sales YoY [+]December 2023-3.3%
Socio-Demography
Global AgeWatch Ranking [+]201514º
Density [+]202317
Global Peace Ranking [+]202313º
Crude divorce rate [+]20222.00‰
Remittance received ($M) [+]2017821.1
% Immigrant [+]20206.98%
% Emigrant [+]20205.64%
Birth Rate [+]20237.80‰
Remittance sent ($M) [+]2017944.2
Crude death rate [+]202311.00‰
Fertility Rate [+]20221.32
Crude marriage rate [+]20223.90‰
% risk of poverty [+]202312.2%
Population [+]20235,603,851
Immigrant stock [+]2020386,052
Emigrant stock [+]2020311,889
HDI [+]20210.940
Gender Gap Ranking [+]2023
Life expectancy [+]202381.70
Suicides [+]2022748
Suicide rate [+]202213.44
Number of homicides [+]202269
Rate Homicides per 100.000 [+]20221.25
Energy and Environment
CO2 Tons per capita [+]20226.64
Consumption GWh [+]202280,082
Generation GWh [+]202270,162
Others
COVID-19 - Deaths [+]07/07/202411,466
COVID-19 - Confirmed [+]07/07/20241,499,712
Fully vaccinated [+]01/09/20244,347,113
COVID-19 - Deaths per million population [+]07/07/20242,046.09
Doses administered [+]01/09/202413,327,120