15-December-2022
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Finland recovered rapidly from the COVID-19 shock but growth has stalled following Russia’s war of aggression against Ukraine. Soaring inflation has reduced household disposable income in Finland and its trading partners, slowing the economy, according to a new OECD report.
4-June-2021
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19-May-2021
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25-March-2021
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5-March-2021
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10-December-2020
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The COVID-19 crisis has plunged Finland into its deepest recession since the early 1990s even though swift government support has cushioned the shock, making for a smaller output drop than in many other OECD countries. To limit the scars from the pandemic and sustain the recovery, Finland should address underlying challenges such as boosting employment and productivity, according to a new OECD report.
17-November-2020
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14-April-2020
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28-February-2018
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Finland enjoys a high level of income and well-being. Nevertheless, output has been dragged down by the global downturn, the decline of the electronics and paper industries and the Russian recession.
27-July-2016
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Macro-simulations benchmarking employment in Finland to the Nordic average show that closing the large gaps in labour participation vis-à-vis the other Nordics across genders and age groups would boost employment significantly.