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23 February, 2021updated 30 Oct 2021 05:01

Investing in Finland: what you need to know

All of the key data and information needed when considering investing in Finland.

By Carmen

As of 2021, Finland has a population of 5.5 million, making it the 116th largest country in the world by this measure. There are 49.4% males and 50.6% females.

There are 2.4 million people employed in Finland, with an unemployment rate of 7.8% – 156,734 people.

Finland is the 42nd largest economy in the world with a GDP of $277.5bn. Finland’s GDP has grown by 9% between 2010 and 2021 and is expected to grow by 19% by 2025.

As of 2021 there are 296,793 students in tertiary education in Finland, with 556,199 students in secondary and 377,410 in primary education. Finland spent 6.1% of its GDP on education in 2019.

Finland ranked 20th in the World Bank’s Doing Business Report (2020). In the 2019 report it finished 17th. In the World Economic Forum’s Global Competitiveness Report (2019), Finland finished 11th, after ranking 11th in 2018.

Public healthcare expenditure totalled $18.7bn and private healthcare expenditure equalled $6.2bn in 2018.

The largest urban areas in Finland are Helsinki (1.7 million people), Tampere (515,125) and Turku (475,332).

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