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Finland PESTLE Insights - A Macroeconomic Outlook Report

July 2021 | 44 pages | ID: F571C84C77C9EN

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Finland PESTLE Insights - A Macroeconomic Outlook Report


Services contributed 70.6% to the gross value added (GVA) in 2020, followed by manufacturing, mining and utilities with 19.6%, as per GlobalData. The two sectors declined by 3.9% and 5.6%, respectively, in 2020. The two sectors are forecast to grow by 6.0% and 4.0%, respectively, in 2021.

Helsinki-Uusimaa contributed around 40% of the nation’s GDP and 31% of the total population resided in these regions, as of 2019 and 2020, respectively.

Finland was ranked 11th out of 136 nations in the MLCRI Q1 2021. The country’s score is in the very low risk nations band (below 30).

  • According to the Global Competitiveness Report 2019, Finland’s infrastructure was ranked 22nd out of 141 nations
  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Did You Know?
Country Highlights
Recovery from the COVID-19 Crisis
Country snapshot
Political Landscape
Economic Landscape
Social Landscape
Technological Landscape
Legal Landscape
Environmental Landscape


Exhibit 1: Finland’s Performance in terms of its Country Risk Analysis in Comparison to Western Europe and the World Average
Exhibit 2: Performance Overview (Score: 1-100)
Exhibit 3: Broad Categories and Weights Behind the Index
Exhibit 4: OMX Helsinki
Exhibit 5: Key Sectors Contribution to the Economy
Exhibit 6: Total FDI Inflow (2016-2020) and FDI Stock (2016-2020)
Exhibit 7: Greenfield Investment Inflows and Outflows (2016-2020) and Cross-border Mergers and Acquisitions (2016-2020)
Exhibit 8: Key Infrastructure Indicators
Exhibit 9: Real GDP and Household Consumption Growth Rate (2016-2023f)
Exhibit 10: Real GDP Growth Rate Comparison (2020)
Exhibit 11: Exports and Imports, Percentage Change (2016-2023f)
Exhibit 12: Current Account Balance (2016-2023f)
Exhibit 13: Top Three Commodity Exports, % of Total Exports (2016-2020)
Exhibit 14: Pharmaceutical Products, % of World Total (2020)
Exhibit 15: Interest Rates (June 2016 - June 2021)
Exhibit 16: Exchange Rate and Inflation (2016-2023f)
Exhibit 17: Public Finance (2016-2023f)
Exhibit 18: General Government Debt (2016-2023f)
Exhibit 19: Unemployment (2016-2023f)
Exhibit 20: Average Annual Wages (2016-2019)
Exhibit 21: Labor Cost Index (2016-2019)
Exhibit 22: Rural/Urban Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 23: Age-group Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 24: Gender Split (1995, 2005, 2015, 2025)
Exhibit 25: Internet Users as a Percentage of the Total Population, Mobile Penetration Rate and Broadband Penetration Rate (2020)
Exhibit 26: Number of Patents Granted Per Million Population (2020)
Exhibit 27: High-technology Exports, % of Manufactured Exports (2019)
Exhibit 28: Doing Business in Finland 2020
Exhibit 29: Corruption Perceptions Index (Rankings) (2020)
Exhibit 30: CO2 Emissions (2016-2019)

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