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Finland’s new long-term forecast suggests GDP growth will be more subdued
(02.02.2022)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
An ageing population and weak productivity trend are depressing Finland’s economic growth prospects. The Bank of Finland’s new long-term forecast suggests growth will be around 1.2% per annum in the period 2021–2040, and ...
Bank of Finland Bulletin : Bank of Finland articles on the economy 2/2022
(21.06.2022)
Bank of Finland. Bulletin 2/2022
Bank of Finland. Bulletin 2/2022
Accessible summary : Ukraine war is slowing growth in Finland’s economy and fuelling rise in prices
(21.06.2022)
Bank of Finland. Bulletin 2/2022
Bank of Finland. Bulletin 2/2022
Russia’s war in Ukraine is curbing economic growth worldwide. At the same time, the general level of prices has been climbing at a significantly increased rate. The war is further accelerating the rise in the prices of ...
Difficulties in emerging economies weigh on global growth
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
The Bank of Finland forecasts a global growth rate of 2.8% in 2016, rising only slightly to 3.2% in 2017–2018. The growth pick-up reflects a recovery of the emerging economies suffering from the recession. World trade ...
Russia’s economy and imports to contract further
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
In the wake of a second export price shock late last year, the Bank of Finland now expects Russian GDP to contract 3% in 2016. Our new forecast assumes the price of oil averages slightly over $40 a barrel this year, about ...
Accessible summary : Finland’s economy will gradually recover from the sudden shutdown
(09.06.2020)
Bank of Finland. Bulletin 3/2020
Bank of Finland. Bulletin 3/2020
The Finnish economy is experiencing a sharp contraction on account of the coronavirus pandemic. Gross domestic product will decline by around 7% in 2020. In the next 2 years, the economy will grow around 3% per annum. The ...
Finland's economy will gradually recover from the sudden shutdown
(29.06.2020)
Bank of Finland. Bulletin 3/2020
Bank of Finland. Bulletin 3/2020
The Finnish economy is experiencing a sharp contraction on account of the coronavirus pandemic. Gross domestic product will decline by around 7% this year and grow around 3% per annum in 2021 and 2022. The forecast contains ...
Bank of Finland forecast : Finland's economy booming
(06.07.2018)
Bank of Finland. Bulletin 3/2018
Bank of Finland. Bulletin 3/2018
Finland's economic growth will continue and remain broadly based. Strong global demand, improved cost-competitiveness, growth in household income and favourable financing conditions will all support growth over the forecast ...
Finland’s long-term growth prospects moderate
(06.07.2018)
Bank of Finland. Bulletin 3/2018
Bank of Finland. Bulletin 3/2018
The protraction of the recession following the financial crisis weakened Finland's growth potential, while population ageing and the accumulation of public debt continue to weigh on growth prospects. In spite of the economy's ...
Alternative scenario : Clouds over the global economy
(06.07.2018)
Bank of Finland. Bulletin 3/2018
Bank of Finland. Bulletin 3/2018
Finland is a small open economy, and uncertainties in the global economy are also strongly reflected in Finland. The calculations presented here illustrate uncertainties relating to export and GDP forecasts by means of fan ...