Investor Presentaiton
51
Economy in Finland
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The economic situation in Finland is still positive and continues to be positive
.
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•
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The demand-led Finnish economy has been growing 2.2 -2.9 %/ year during the last three years
Unemployment has dropped from 9.2 % in 2015 to 5.4 % in 2018
The exports and construction investments have stimulated the economy. But now the pace is
starting to slow down a bit
The economy of Finland is expected to grow better than the average growth level among the
Nordic countries. This has to do with the moderate wage increases and inflation in Finland
GDP Annual Growth Rate (%)
3
2,5
2
1,5
1
0,5
0
Denmark
Actual
2,2
Q1 2019
Q2 2019
Q3 2019
Q4 2019
2020
1,7
1,5
1,6
1,6
1,4
Finland
2,2
2
2,1
1,9
1,8
1,7
Norway
1,7
2,1
2,3
2,1
1,8
2,6
-Sweden
2,4
1,9
1,5
1,5
1,3
1,7
Sources: Statistics Finland, Pellervo Economic Research PPT and Trading Economics
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