| Economy - overview: | Finland has a highly industrialized, largely free-market economy, with per capita output roughly that of the UK, France, Germany, and Italy. Its key economic sector is manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Trade is important, with exports equaling two-fifths of GDP. Finland excels in high-tech exports, e.g., mobile phones. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export earner, provides a secondary occupation for the rural population. Rapidly increasing integration with Western Europe - Finland was one of the 12 countries joining the European Economic and Monetary Union (EMU) - will dominate the economic picture over the next several years. High unemployment remains a persistent problem. |
| GDP - per capita | $30,300 (2005 est.) |
| GDP - real growth rate (%) | 1.7% (2005 est.) |
| Agriculture - products | barley, wheat, sugar beets, potatoes; dairy cattle; fish |
| GDP - composition by sector (%) | agriculture: 3.1%, industry: 30.4%, services: 66.5% (2005 est.) |
| Industries | metals and metal products, electronics, machinery and scientific instruments, shipbuilding, pulp and paper, foodstuffs, chemicals, textiles, clothing |
| Population below poverty line (%) | NA |
| Debt - external | $211.7 billion (30 June 2005) |
| Labor force - by occupation (%) | agriculture and forestry 8%, industry 22%, construction 6%, commerce 14%, finance, insurance, and business services 10%, transport and communications 8%, public services 32% |
Environment, Land use / Resources, Economy, Population / Demographics, Infrastructure, Health -- CIA World Factbook, 2005
