Finland’s GDP growing faster than the EU average

Finland’s GDP increased by 4.8% during the first quarter and by 2.9% in the second quarter compared to the same periods one year ago. Output growth is expected to slow down during the second half of the year due to the rapidly weakening outlook in the international economy. Nevertheless, Finland’s GDP will clearly grow faster than the EU average both this year and next year. Total output still grew by 3.7% in July compared to the previous year. The outlook for exports to Asia and Russia is still favorable.

Read more: Invest in Finland

Recent related articles

Fox International Channels (FIC) Nordic Expands in Finland

Fox International Channels (FIC), which distributes TV channels and digital services worldwide and is the …

EQT Infrastructure to acquire Fortum’s outsourced energy solutions and small-scale district heating businesses in Finland

The EQT Infrastructure Fund has signed an agreement with the Finnish Fortum Corporation to acquire …

Finnish gaming industry brings in foreign investment

Angry Birds is not the only Finnish success in gaming The Helsinki metropolitan area has …