Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

FINLAND

1) GDP (nominal) 2010 estimate:  Total $240.139 billion,  Per capita $44,650.


2)  
3) Inflation (CPI): 0% (2009 est.).
4) Currency Exchange rate: 1.00 EUR = 62.6684 INR.
5) Interest rate: ECB steering rate: 1.00%
(decided 7 May 2009)

Euribor rates 8 Mar 2011


1 month 0.905
3 month 1.180
12 month 1.946
Base rate 1.1.-30.06.2011: 1.50%
Penalty interest rate 1.1.-30.6.2011: 8%
6) Export – Import Analysis:
Exports: $57.88 billion (2009 est.).
Export goods: Electrical and optical equipment, machinery, transport equipment,
paper and pulp, chemicals, basic metals; timber.
Main export partners: Russia 11.6%, Sweden 10%, Germany 10%, United States 6.4%,
United Kingdom 5.5%, Netherlands 5.1% (2008).
Imports: $54.1 billion (2009 est.).
Import goods: Foodstuffs, petroleum and petroleum products, chemicals, transport
equipment, iron and steel, machinery, textile yarn and fabrics, grains.
Main import partners: Russia 16.2%, Germany 15.6%, Sweden 13.5%, Netherlands 6.3%,
China 5%, United Kingdom 4.2% (2008).
Gross external debt: $364.9 billion (30 June 2009).
7) Human Development Index (HDI):
Each year since 1990 the Human Development Report has published the Human
Development Index (HDI) which was introduced as an alternative to conventional measures
of national development, such as level of income and the rate of economic growth. The HDI
represents a push for a broader definition of well-being and provides a composite measure
of three basic dimensions of human development: health, education and income. Between
1980 and 2010 Finland's HDI rose by 0.5% annually from 0.745 to 0.871 today, which gives
the country a rank of 16 out of 169 countries with comparable data. The HDI of OECD as a
region increased from 0.723 in 1980 to 0.853 today, placing Finland above the regional
average. The HDI trends tell an important story both at the national and regional level and
highlight the very large gaps in well-being and life chances that continue to divide our
interconnected world.
8) Sector wise contribution to GDP:

As far as sector-wise contributions are concerned, services contributed the


maximum, accounting for 65.8% of the GDP in 2009. The following graph maps the
performance of the different sectors of the Finnish economy:

9) Budget Analysis – Fiscal Policy:

10) Population: 5,374,781 (2010 estimate).


11) CSR Law, Clean Energy Initiatives:
12) Happiness Index:

Rank Country Region Percent Percent Percent Daily


(by % Thriving Struggling Suffering Experience
Thriving)
2 Finland Europe 75 23 2 7.8

13)

You might also like