Compare Finland (2008) - Finland (2007)

Compare Finland (2008) z Finland (2007)

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	Finland (2008)	Finland (2007)

Budget	revenues: $124.2 billion expenditures: $114 billion (2007 est.)	revenues: $109.6 billion expenditures: $101.8 billion (2006 est.)
Debt - external	$271.2 billion (30 June 2007)	$251.9 billion (30 June 2006)
Economy - overview	Finland has a highly industrialized, largely free-market economy with per capita output roughly that of the UK, France, Germany, and Italy. Its key economic sector is manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Trade is important; exports equal two-fifths of GDP. Finland excels in high-tech exports, e.g., mobile phones. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export earner, provides a secondary occupation for the rural population. High unemployment remains a persistent problem. In 2007 Russia announced plans to impose high tariffs on raw timber exported to Finland. The Finnish pulp and paper industry will be threatened if these duties are put into place in 2008 and 2009, and the matter is now being handled by the European Union.	Finland has a highly industrialized, largely free-market economy with per capita output roughly that of the UK, France, Germany, and Italy. Its key economic sector is manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Trade is important; exports equal two-fifths of GDP. Finland excels in high-tech exports, e.g., mobile phones. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export earner, provides a secondary occupation for the rural population. High unemployment remains a persistent problem.
Exchange rates	euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003)	euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002)
GDP - composition by sector	agriculture: 2.5% industry: 31.7% services: 65.9% (2007 est.)	agriculture: 2.5% industry: 32.3% services: 65.1% (2006 est.)
GDP - real growth rate	3.9% (2007 est.)	4.9% (2006 est.)
Industrial production growth rate	2.5% (2007 est.)	3% (2006 est.)
Inflation rate (consumer prices)	2.7% (2007 est.)	1.6% (2006 est.)
International organization participation	ADB (nonregional members), AfDB, Arctic Council, Australia Group, BIS, CBSS, CE, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, G- 9, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NAM (guest), NC, NEA, NIB, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, PFP, Schengen Convention, UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNIFIL, UNMEE, UNMIL, UNMIS, UNMOGIP, UNTSO, UPU, WCO, WEU (observer), WFTU, WHO, WIPO, WMO, WTO, ZC	AfDB, Arctic Council, AsDB, Australia Group, BIS, CBSS, CE, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, G- 9, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NAM (guest), NC, NEA, NIB, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, PFP, Schengen Convention, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMEE, UNMIL, UNMIS, UNMOGIP, UNTSO, UPU, WCO, WEU (observer), WFTU, WHO, WIPO, WMO, WTO, ZC
Labor force	2.68 million (2007 est.)	2.65 million (2006 est.)
Pipelines	gas 694 km (2007)	gas 694 km (2006)
Political parties and leaders	Center Party or Kesk [Matti VANHANEN]; Christian Democrats or KD [Paivi RASANEN]; Green Party or VIHR [Tarja CRONBERG]; Left Alliance or VAS [Martti KORHONEN] (composed of People's Democratic League and Democratic Alternative); National Coalition (conservative) Party or Kok [Jyrki KATAINEN]; Social Democratic Party or SDP [Eero HEINALUOMA]; Swedish People's Party or SFP [Stefan WALLIN]; True Finns [Timo SOINI]	Center Party or Kesk [Matti VANHANEN]; Christian Democrats or KD [Paivi RASANEN]; Green Party or VIHR [Tarja CRONBERG]; Left Alliance or VAS [Martti KORHONEN] (composed of People's Democratic League and Democratic Alternative); National Coalition (conservative) Party or Kok [Jyrki KATAINEN]; Social Democratic Party or SDP [Eero HEINALUOMA]; Swedish People's Party or SFP [Stefan WALLIN]; True Finns
Unemployment rate	6.6% (2007 est.)	7% (2006 est.)

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