Investor Presentation March 2022
Finland
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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
2021
Finland - Main Economic Indicators
2019
2020 2021F 2022F 2023F
6%
8%
39%
14%
■ Euro zone
■Other EU countries
■Rest of Europe
■Asia
GDP at market prices, change
1.3
-2.9
3.4
3.0
1.5
in volume, %
Employment rate, %
71.6
70.7
72.4
73.5
74.0
Unemployment rate, %
6.7
7.7
7.6
6.7
6.5
■North America
16%
■ Other countries
General government net
-0.9
-5.5
-2.8
-2.1
-1.3
17%
lending, % of GDP
General government gross
59.5
69.5
67.7
67.1
67.5
debt, % of GDP
Source: Finnish Customs
Source: Ministry of Finance: Economic Survey, published in December 2021
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