Finnvera Annual Funding Report
Finland - An Export Oriented Economy
A Nordic country rated AA+ (stable outlook) by Standard & Poor's and AA+ (stable
outlook) by Fitch Ratings
Almost 40 percent of Finland's economy is based on foreign trade
Exports by Regions
2019
-
Finland Main Economic Indicators
2018
2019 2020F 2021F 2022F
7%
8%
■Euro zone
GDP at market prices, change
in volume, %
1.5
1.1
-3.3
2.5
2.0
39%
13%
Other EU countries
■Rest of Europe
■ Asia
Employment rate, %
71.7
72.5
71.5
71.5
72.3
Unemployment rate, %
7.4
6.7
7.8
8.0
7.6
■North America
13%
■Other countries
General government net
-0.9
-1.0
-6.1
-5.2
-3.3
21%
lending, % of GDP
General government gross
59.6
59.3
69.0
71.4
72.5
debt, % of GDP
Source: Finnish Customs
Source: Ministry of Finance: Economic Survey, published in December 2020
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