FINNISH ECONOMY HELSINKI 1
FINLAND President Ms. Tarja HALONEN MER Prime Minister Prime Minister Mr. Jyrki KATAINEN Mr. Jyrki KATAINEN DE L’EST DE L’EST Political Regime Parliamentary republic Capital Helsinki GDP total €180 billion Tampere, Turku, Espoo, Main cities Vantaa, Oulu 2
MAIN ECONOMIC INDICATORS Statistics( 2010) Finland trends Population 5,375,276 Land area (km²) 303,892 Density (hab/km²) 18 GDP billion € 180 Growth 3.6% Pop active 2,672,000 Unemployment rate 8.4 Inflation rate 1.2 Foreign Trade Exports billion € 52.4 Imports billion € 51.5 Finance Investment rate 18.7% Public debt 41.7% Official currency Euro Source : Statistics Finland 3
8 REASONS TO GO TO FINLAND High technology Sophisticated and society affluent consumers Profitable market Open and attractive market market Easy to reach Transparent and reliable Strategic location between Scandinavia, Baltic countries and Home base for several global Russia leader companies 4
DID YOU KNOW THAT… ... Helsinki is the best city in Northern Europe, and the second best one in all of Europe, to live in? (EIU 2011) ... It takes only 3.5 hours to travel by high-speed train from Helsinki to St Petersburg in Russia (centre to centre)? ... There are over 80 million people living within two hours’ flight time from Helsinki? ... Helsinki is the closest EU capital to India and the Far East (by flight time)? 5
FINLAND, BUSINESS OUTLOOK Export commodities - Export commodities - partners partners Import commodities Import commodities - - partners partners Forest industry products, chemical Chemical industry products, extractive industry products, electro-technical industry products, electro-technical and electronic products, machinery and and electronic products, metals and metal products, machinery and equipment, vehicles equipment Sweden 11.4%, Germany 10.1%, Russia 17.8%, Germany 13.3%, Sweden 10.1%, China 7.3%, Netherlands 5.4%, Russia 9.0%, USA 7.0%, Netherlands USA 3.4% 6.8%, China 5.1% Export – Export – Import revenues Import revenues Main industries Main industries Machinery and equipment, metals and metal products, electro-technical and Exports €57.37 billion electronic products, forest industry products, food products, chemical Imports €51.50 billion industry products 6
FINLAND, MAIN SECTORS & COMPANIES ICT & Electronics ICT & Electronics Machinery Machinery Metals Metals Forest Industry Forest Industry Food Food Chemicals Chemicals 7
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