Press

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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