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General profile: Finland

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
5.541 Millions
0.950 EUR/US$
282 829 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 303 940 km²
7.17 %
2.50 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+4.9 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
65 498
69 518
59 817
86 008
Merchandise imports
58 766
68 803
60 430
97 285
Merchandise trade balance
6 732
715
-612
-11 277
Export structure by product group in 2022
(as % of total exports)
3 %3 %69 %69 %12 %12 %9 %9 %8 %8 %
Top 5 partners in 2022
(exports, millions of US$)
9 9869 1578 0286 1024 0409 9869 1578 0286 1024 040
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
12 260
(e) 20 879
24 224
33 996
Services imports
17 336
(e) 27 335
27 676
40 410
Services trade balance
-5 076
(e) -6 456
-3 452
-6 414
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
21.4
16.1
14.4
14.7
Travel
17.8
14.5
10.6
6.6
Other services
49.0
65.7
67.7
70.9
TRADE INDICES
More data on UNCTADstat
106102110108107100100989695981009512613112711711711711711611895979697981001009695949598999710199101101105109107107
ECONOMIC TRENDS
More data on UNCTADstat
+2.5 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
204 804
249 181
234 440
282 829
GDP per capita, current US$
39 040
46 461
42 785
51 045
Real GDP growth, y-on-y, %
2.78
3.19
0.54
2.50
Current account balance, % of GDP
3.04
1.49
-0.94
-3.64
Exchange rate (/US$)
0.804
0.754
0.901
0.950
GDP by expenditure in 2021
(as % of total GDP)
51.024.424.039.439.251.024.424.039.439.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+5.5 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
4 750.16
7 358.83
2 109.18
(l) 9 444.79
FDI outflows
4 222.60
10 167.18
-16 083.58
(l) 15 453.48
Personal remittances, % of GDP
0.34
0.36
0.37
..
Financial flows trends
(millions of US$)
842.5812.7797.2841.1908.3861.0865.41 068.51 073.2862.1756.1893.8865.8959.2806.0714.8692.3666.9526.4477.2490.7472.79 44513 806-1 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
2022
Balance, % of GDP
1.86
(e) 1.36
-0.57
-2.73
Balance, % of imports
5.25
(e) 3.68
-1.58
-5.77
Normalized balance
0.026
(e) 0.018
-0.008
-0.030
Trade openness²
(sum of imports and exports as % of GDP)
927871807875717174777979767086838273
LIVING AREA
Population by living area in 2022
(% of population)
Urban 86%Urban 86%Rural 14%Rural 14%
OTHER INDICATORS
More data on UNCTADstat
0.057 %
Share of the total world merchant fleet in 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
1 113
1 171
1 214
1 261
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
14.66
15.96
14.91
Container port throughput (TEU)
..
1 219 391
1 413 646
..
Information economy indicators
(as % of)
2005
2010
2015
2022
Share of ICT goods, % of total exports
20.29
6.36
2.46
2.60
Share of ICT goods, % of total imports
14.29
8.23
6.89
5.73
Share of workforce involved in the ICT sector
..
(r) 7.69
6.41
..
Source: UNCTADstat (http://unctadstat.unctad.org)
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.
l
Calculated from asset/liability basis.
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
..
Not available or not separately reported
_
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 UNCTADstat 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 UNCTADstat.
Generation date: 21 September 2023