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Weaker global economic activity one of the key risks
(27.01.2017)
Bank of Finland. Bulletin 5/2016
Bank of Finland. Bulletin 5/2016
Exports will finally begin to grow in response to export demand, with net exports gradually beginning to support growth alongside domestic demand. However, one of the key risks to the forecast is a weaker-than-forecast ...
Growth potential and public finances need further strengthening
(18.12.2017)
Bank of Finland. Bulletin 5/2017
Bank of Finland. Bulletin 5/2017
The current news on the Finnish economy is positive, and the outlook has improved. Economic growth has continued and is now more broadly based than before. Exports and corporate investment are both growing, in addition to ...
Assessment of public finances in December 2016
(27.01.2017)
Bank of Finland. Bulletin 5/2016
Bank of Finland. Bulletin 5/2016
Finland's fiscal situation is challenging. The general government deficit is still high, and public debt is on an upward trend. Attainment of more balanced public finances is hampered not only by high unemployment-related ...
Sustainability gap larger than previously projected
(17.01.2020)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
According to the Bank of Finland’s estimate, the sustainability gap in Finland’s general government finances is 4.7% relative to GDP. The estimate is a ‘pressure projection’ that quantifies the fiscal adjustment that ...
Bank of Finland forecast: Slowing growth in the shadow of global uncertainties
(03.07.2019)
Bank of Finland. Bulletin 3/2019
Bank of Finland. Bulletin 3/2019
Finland’s economic growth will slow in the forecast period to close to its potential rate. GDP will grow 1.6% in 2019 and 1.5% in 2020. Thereafter, the pace of growth will ease to 1.3% in 2021.
Bank of Finland Bulletin : Bank of Finland articles on the economy 5/2021
(17.12.2021)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
Long-term sustainability of the public finances
(02.02.2022)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
Long-term debt sustainability is measured by the ‘S2’ indicator, which summarises in a single figure the extent to which the general government finances should be permanently adjusted for public debt not to increase in an ...
Bank of Finland Bulletin : Bank of Finland articles on the economy 4/2022
(25.01.2023)
Bank of Finland. Bulletin 4/2022
Bank of Finland. Bulletin 4/2022
Forecast for the Finnish economy : Finnish economy set to slide into recession
(25.01.2023)
Bank of Finland. Bulletin 4/2022
Bank of Finland. Bulletin 4/2022
Growth in the Finnish economy for the full year 2022 will amount to 1.9%, following strong activity in the early part of the year. The high level of inflation has, however, eroded households’ purchasing power, and consumer ...
Finland’s public debt sustainability and fiscal consolidation needs
(25.01.2023)
Bank of Finland. Bulletin 4/2022
Bank of Finland. Bulletin 4/2022
Finland’s public finances have long been in structural deficit, irrespective of the cyclical situation. The continued deficits have led to an increase in the amount of public debt relative to gross domestic product (GDP). ...