In June 2018, the Bank of Finland expected Finland's economic growth to continue and remain broadly based. GDP growth forecasts for 2018–2020 stand at 2.9%, 2.2% and 1.7%. The declining growth rate in the immediate years ahead reflects the moderate long-term outlook for growth. Inflation will remain close to 1% over the years 2018–2019 before gathering pace and reaching 1.5% in 2020.
FACTS ABOUT FINLAND
|Unemployment rate (Feb 2018)||8.4%|
|Average inflation rate (2017)||0.7%|
|GDP per capita (2017)||40,612 €|
|Tax ratio, tax to GDP (2017)||44.1%|