http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/finland/current-account-to-gdpFinland reported a Current Account deficit of 0.7 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2010, Finland Current Account to GDP averaged 1.6000 Percent reaching an all time high of 8.8000 Percent in December of 2002 and a record low of -5.4000 Percent in December of 1991. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Finland Current Account to GDP. Fri, 25 May 2012 18:55:00 GMThttp://www.tradingeconomics.com/finland/current-accountFinland reported a current account deficit equivalent to 42 Million EUR in March of 2012. Historically, from 1980 until 2012, Finland Current Account averaged 212.6600 Million EUR reaching an all time high of 2006.0000 Million EUR in October of 2009 and a record low of -1816.0000 Million EUR in April of 2005. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Finland Current Account.Bank of FinlandTue, 15 May 2012 11:39:00 GMThttp://www.tradingeconomics.com/finland/inflation-cpiThe inflation rate in Finland was recorded at 3.10 percent in April of 2012. Historically, from 2001 until 2012, Finland Inflation Rate averaged 1.7200 Percent reaching an all time high of 4.7000 Percent in August of 2008 and a record low of -1.5000 Percent in October of 2009. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Finland Inflation Rate.Finnish Statistics OfficeMon, 14 May 2012 11:54:00 GMThttp://www.tradingeconomics.com/finland/industrial-productionIndustrial Production in Finland decreased 5.70 percent in March of 2012. Historically, from 1996 until 2012, Finland Industrial Production averaged 2.7900 Percent EUR reaching an all time high of 25.6000 Percent EUR in June of 2006 and a record low of -23.6000 Percent EUR in May of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Finland Industrial Production.Finnish Statistics OfficeThu, 10 May 2012 12:01:00 GMThttp://www.tradingeconomics.com/finland/government-debt-to-gdpFinland recorded a Government Debt to GDP of 48.60 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, Finland Government Debt To GDP averaged 34.3300 Percent reaching an all time high of 56.6000 Percent in December of 1994 and a record low of 10.8000 Percent in December of 1980. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Finland Government Debt To GDP.EurostatFri, 04 May 2012 16:29:00 GMThttp://www.tradingeconomics.com/finland/government-budgetFinland reported a Government Budget deficit equal to 0.50 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2011, Finland Government Budget averaged 1.3700 Percent of GDP reaching an all time high of 6.8000 Percent of GDP in December of 2000 and a record low of -6.2000 Percent of GDP in December of 1995. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Finland Government Budget.EurostatFri, 04 May 2012 16:28:00 GMThttp://www.tradingeconomics.com/finland/consumer-confidenceIn Finland, consumer confidence improved to 10.4 in April of 2012 from 8.3 in March of 2012. Historically, from 1995 until 2012, Finland Consumer Confidence averaged 12.9300 reaching an all time high of 22.9000 in September of 2010 and a record low of -6.5000 in December of 2008. In Finland, the Statistics of Finland consumer survey expresses consumers’ views and intentions relating to economic matters. The data system of Statistics Finland’s consumer survey is comprised of respondent-specific original data from phones interviews, which may not be disclosed, and published data concerning reply distributions and time series. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes a chart with historical data for Finland Consumer Confidence.Statistics FinlandMon, 30 Apr 2012 19:12:00 GMThttp://www.tradingeconomics.com/finland/unemployment-rateThe unemployment rate in Finland was last reported at 8.5 percent in March of 2012. Historically, from 1988 until 2012, Finland Unemployment Rate averaged 9.3800 Percent reaching an all time high of 17.6000 Percent in December of 1993 and a record low of 2.9000 Percent in November of 1989. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Finland Unemployment Rate.Statistics FinlandTue, 24 Apr 2012 11:51:00 GMThttp://www.tradingeconomics.com/finland/gdp-growthThe Gross Domestic Product (GDP) in Finland expanded 0.10 percent in the fourth quarter of 2011 over the previous quarter. Historically, from 1975 until 2011, Finland GDP Growth Rate averaged 0.5900 Percent reaching an all time high of 5.0000 Percent in September of 1980 and a record low of -6.3000 Percent in March of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Finland has a highly industrialized, largely free-market economy. Its key economic sector is manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Trade is important, with exports equaling almost one-third of the GDP. This page includes a chart with historical data for Finland GDP Growth Rate.Finnish Statistics OfficeFri, 13 Apr 2012 12:18:00 GMThttp://www.tradingeconomics.com/finland/gdp-growth-annualThe Gross Domestic Product (GDP) in Finland expanded 1.40 percent in the fourth quarter of 2011 over the same quarter of the previous year. Historically, from 1976 until 2011, Finland GDP Annual Growth Rate averaged 2.4400 Percent reaching an all time high of 7.6000 Percent in September of 1979 and a record low of -9.9000 Percent in June of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Finland GDP Annual Growth Rate.Finnish Statistics OfficeFri, 13 Apr 2012 12:18:00 GMThttp://www.tradingeconomics.com/finland/balance-of-tradeFinland reported a trade deficit equivalent to 401 Million EUR in February of 2012. Historically, from 1990 until 2012, Finland Balance of Trade averaged 466.2900 Million EUR reaching an all time high of 1960.0000 Million EUR in November of 2002 and a record low of -700.0000 Million EUR in October of 2011. International trade makes a third of Finland’s GDP. Finnish principal exports are: telecommunications equipment, passenger cars and forestry products and paper and paperboard. Finnish principal imports are food stuffs, petroleum and petroleum products, chemicals, transport equipment, iron and steel, machinery, textile yarn and fabrics and grains. European Union makes 55 percent of the total trade. The largest trade flows are with Germany, Russia, Sweden, China and U.S. This page includes a chart with historical data for Finland Balance of Trade.Finnish Statistics OfficeFri, 13 Apr 2012 12:10:00 GMThttp://www.tradingeconomics.com/finland/importsFinland imports were worth 4771 Millions EUR in February of 2012. Historically, from 1990 until 2012, Finland Imports averaged 2972.1000 Million EUR reaching an all time high of 5870.0000 Million EUR in March of 2011 and a record low of 1040.0000 Million EUR in July of 1991. Finnish principal imports are food stuffs, petroleum and petroleum products, chemicals, transport equipment, iron and steel, machinery, textile yarn and fabrics and grains. Its main import partners are Germany, Russia, Sweden, Netherlands and China. This page includes a chart with historical data for Finland Imports.Finnish Statistics OfficeFri, 13 Apr 2012 12:09:00 GMThttp://www.tradingeconomics.com/finland/exportsFinland exports were worth 4370 Millions EUR in February of 2012. Historically, from 1990 until 2012, Finland Exports averaged 3477.6400 Million EUR reaching an all time high of 6451.0000 Million EUR in April of 2008 and a record low of 890.0000 Million EUR in July of 1991. International trade makes a third of Finland’s GDP. Finnish principal exports are: telecommunications equipment, passenger cars and forestry products. Finland is a major producer of paper and paperboard, and accounts for a large percentage of the world export market (10.7%). Finland’s largest exports markets are European Union (Germany and Sweden), Russia and United States. This page includes a chart with historical data for Finland Exports.Finnish Statistics OfficeFri, 13 Apr 2012 12:08:00 GMThttp://www.tradingeconomics.com/finland/gdp-per-capitaThe Gross Domestic Product per capita in Finland was last reported at 27313.95 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Finland is equivalent to 221 percent of the world's average. Historically, from 1960 until 2010, Finland GDP per capita averaged 17159.5000 USD reaching an all time high of 28987.5600 USD in December of 2008 and a record low of 7305.2200 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Finland GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/finland/gdp-per-capita-pppThe Gross Domestic Product per capita in Finland was last reported at 36651.24 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Finland, when adjusted by Purchasing Power Parity is equivalent to 167 percent of the world's average. Historically, from 1980 until 2010, Finland GDP per capita PPP averaged 21505.5600 USD reaching an all time high of 38000.3400 USD in December of 2008 and a record low of 9054.3000 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Finland GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/finland/population Historically, from 1960 until 2010, Finland Population averaged 4.9000 Million reaching an all time high of 5.3600 Million in December of 2010 and a record low of 4.4300 Million in December of 1960. The total population in Finland was last reported at 5.36 million people in 2010 from 4.4 million in 1960, changing 21 percent during the last 50 years. Finland has 0.08 percent of the world´s total population which means that one person in every 1292 people on the planet is a resident of Finland. This page includes a chart with historical data for Finland's Total Population. This page includes a chart with historical data for Finland Population.World BankFri, 28 Oct 2011 13:56:00 GMThttp://www.tradingeconomics.com/finland/interest-rateThe benchmark interest rate in Finland was last reported at 1.00 percent. Historically, from 1998 until 2012, Finland Interest Rate averaged 2.6900 Percent reaching an all time high of 4.7500 Percent in October of 2000 and a record low of 1.0000 Percent in September of 2010. Finland is a member of the Euro Area, an economic and monetary union (EMU) of European Union (EU) member states that have adopted the euro. The Euro Area benchmark interest rate stands at 1.00 percent. in the Euro Area, interest rate decisions are taken by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability. The ECB’s Governing Council has defined price stability as "a year-on-year increase in the Harmonised Index of Consumer Prices (HICP) for The Euro Area of below 2%. The European Central Bank is the sole issuer of banknotes and bank reserves. That means it has the monopoly supplier of the monetary base. By virtue of this monopoly, it can set the conditions at which banks borrow from the Central Bank. Therefore it can also influence the conditions at which banks trade with each other in the money market. in the short run, a change in money market interest rates induced by the Central Bank sets in motion a number of mechanisms and actions by economic agents. Ultimately the change will influence developments in economic variables such as output or prices. This page includes: Finland Interest Rate chart, historical data and news. This page includes a chart with historical data for Finland Interest Rate.Fri, 28 Oct 2011 13:56:00 GMT