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Finland - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
190.921  
192.426  
Real GDP growth (constant prices)
1.8 % 
3.2 %
GDP per capita (USD)
36522.194  
36752.770  
Inflation rate
1.0 % 
1.5 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 131.6   161.9   186.6  
Real GDP growth (constant prices) 2.3 % 1.9 % 3.7 %
GDP per capita (USD) 23839   24225   25107  
Inflation rate 1.6 % 0.9 % 0.2 %
Unemployment rate 9%   9%   8.9%  
External debt (USD billion) ..   ..   ..  
Euro rate on 12/31 (1 US$)   0.9541   0.7967   0.7386  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 3.6%   3.5%   ..  
Industry and mining 31.8%   30.5%     ..  
Services 64.6%   66.0%     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 7919   3296   4648   25 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 32.0   39.8   47.9  
Export of goods (f.o.b) 44.9   52.7   61.0  
Trade balance 12.9   12.9   13.1  
Balance of payments 10.1   6.5   7.8  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 69.0%   67.0%   ..  
Share of imports in GDP 30.3%   30.0%   ..  
Share of exports in GDP 38.7%   37.0%   ..  
Imports of goods and services (percent change) 1.9%   0.9%   ..  
Exports of goods and services (percent change) 5.1%   1.3%   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     39.8     52.7    
Agricultural raw materials 3%   6%  
Food products 6%   2%  
Hydrocarbons 12%   4%  
Manufactured products (chemicals, machines,...) 71%   84%  
Ores and metals 6%   3%  
Other goods 2%   1%  


2003 Imports Exports
Total Trade in Services (USD billion): 10   8  
Transport 28%   26%  
Tourisme 25%   24%  
Other services (insurance, financial services, telecommunications,...) 47%   50%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Sweden   10.8%  
Germany   10.3%  
Russian Federation   8.7%  
United Kingdom   6.8%  
USA   6.1%  

Main suppliers
(% of imports)
2004
Germany   14.6%  
Russian Federation   13%  
Sweden   10.7%  
China   4.8%  
France   4.6%  
Source : COMTRADE


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Last modified in October 2005
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