NORDIC CHAMBER Press Archive

 

Finland’s economy recovers

After three consecutive years of decline, the economy has finally started to show signs of recovery. In 2015, the country's GDP rose by 0.5%, driven mainly by exports and consumption. The Finnish economy is expected to expand by 0.9% annually in 2016. The economic growth for 2017 and 2018 is projected to reach 1.2%. Despite the signs of resuscitation, the growth is expected to remain quite fragile. In 2018, the country's GDP will still be about 2% lower than in 2008, and the industrial production will be 20% lower than 10 years ago.

 

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