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General profile: Finland

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
5.601 Millions
..
304 010 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 303 940 km²
4.34 %
-0.16 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-4.1 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
65 498
69 518
59 817
82 515
Merchandise imports
58 766
68 803
60 430
82 961
Merchandise trade balance
6 732
715
-612
-447
Export structure by product group in 2023
(as % of total exports)
3 %3 %71 %71 %10 %10 %8 %8 %7 %7 %
Top 5 partners in 2023
(exports, millions of US$)
9 0448 6648 6006 5863 7009 0448 6648 6006 5863 700
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
12 260
20 879
24 224
33 837
Services imports
17 336
27 335
27 676
43 744
Services trade balance
-5 076
-6 456
-3 452
-9 907
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
21.4
16.1
14.4
14.9
Travel
17.8
14.5
10.6
7.9
Other services
49.0
(e) 65.7
67.7
68.5
TRADE INDICES
More data on UNCTADstat
10010610610210910810710010099979699102971281331299496949696979899100969595959910097102100
ECONOMIC TRENDS
More data on UNCTADstat
-0.2 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
204 804
249 181
234 440
304 010
GDP per capita, current US$
39 039
46 460
42 783
54 276
Real GDP growth, y-on-y, %
2.78
3.19
0.54
-0.16
Current account balance, % of GDP
3.04
1.49
-0.94
-1.07
Exchange rate (/US$)
0.804
0.754
0.901
..
GDP by expenditure in 2022
(as % of total GDP)
51.524.126.345.347.751.524.126.345.347.7
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.5 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
4 750.16
7 358.83
2 109.18
-1 675.97
FDI outflows
4 222.60
10 167.18
-16 083.58
1 372.41
Personal remittances, % of GDP
0.34
0.36
0.37
..
Financial flows trends
(millions of US$)
594.1667.4812.7797.2841.1908.3861.0865.41 068.51 073.2862.1756.1893.8865.8959.2806.0714.8692.3666.9526.4477.2490.7472.7-1 6765 79513 290-1 57913 456-2 1722 8648 5822 10918 571-1064 1542 5507 359718-1 14412 4517 6524 7502 8273 3198 0463 7328 834FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
1.86
1.36
-0.57
-0.41
Balance, % of imports
5.25
3.67
-1.58
-1.01
Normalized balance
0.026
0.018
-0.008
-0.005
Trade openness²
(sum of imports and exports as % of GDP)
81937971807875717174777979757086838273
LIVING AREA
Population by living area in 2023
(% of population)
Urban 86%Urban 86%Rural 14%Rural 14%
OTHER INDICATORS
More data on UNCTADstat
0.051 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
1 113
1 171
1 214
1 152
Container port throughput (TEU)
..
1 219 391
1 413 646
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
20.29
6.36
2.46
..
Share of ICT goods, % of total imports
14.29
8.23
6.89
..
Share of workforce involved in the ICT sector
..
(r) 7.69
6.41
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
r
Number of persons employed in full time equivalent units.Total business economy includes repair of computers, personal and household goods; except financial and insurance activities.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024