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CompareEconomy.com Comparison of world economies

Finland

World Rank 38 4.07 Finland flag svg
Capital
Area
Currency
Helsinki
338,424 km 2
Euro (EUR)

Table of Contents

Introduction

The Republic of Finland is a Nordic country that neighbours such nations as Sweden, Russia, and Norway. Although it is located in the region of Scandinavia, the language spoken in Finland (Finnish) comes from the Uralic language family. An interesting fact is that Swedish is considered as the second official language of Finland. The total land coverage of the nation is relatively large because it is approximately 338,455 square kilometers.

Economy

The Finnish nation can boast with a relatively good economy. It has the GDP (PPP considered) of around $283 billion. Though it is a very small percentage of European Union's wealth, it is quite large for such a nation. In terms of GDP per capita, it is $51,400. Interestingly, it is higher than the average in Europe ($46,500), giving Finland 9th place in the GDP per capita ranking. 

Population

The population of Finland is extremely low when we consider its land area. There are only 16 Finns per square kilometer, placing the nation on 213th position in terms of density. The entire nation has 5.5 million residents, according to data provided by World Bank Data in 2019.

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#44 (2021)
297,301,883,523 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#54 (2021)
681,258,418 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#67 (2021)
7.61 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)