Deficit

Finland

GOVERNMENT FORECAST

Finnish economy will shrink 6%

The Nomad Today 6/16/20

The unemployment rate for 2020 will rise to 8.5% and government deficit will climb to over 8%.

Finland

Current account in deficit of 0.3 billion

The Nomad Today 6/12/20

The value of goods exports in balance of payments terms declined by 12% year-on-year.

Finland

Finland's current account in deficit of 1.2 billion in March

The Nomad Today 5/13/20

The financial account was in balance.

Finland

Finland notifies Brussels of increases in deficit and debt

The Nomad Today 4/22/20

General government deficit was 2.7 billion euros, 700 million more than the year before. Consolidated debt grew by around 3 billion and amounted to 142.5 billion at the end of 2019.

Finland

Gross domestic product grew by 1% in 2019

The Nomad Today 3/18/20

Government deficit increased and was 1.1% relative to GDP.

Finland

2019-2022 FORECAST

Finland's economic growth to slow down in coming years

The Nomad Today 12/18/19

According to the Ministry of Finance, GDP will increase only by 1% in 2020, to grow just one tenth more in 2021 and 2022. General government finances will remain in deficit and debt will…

Finland

Finland's budget plans pose a "risk of non-compliance" with EU stability pact

The Nomad Today 11/20/19

The European Commission has warned also Belgium, Spain, France, Italy, Portugal, Slovenia and Slovakia.

Finland

Finland ended 2018 with a deficit of 1.6 billion

The Nomad Today 4/18/19

The figure represents 0.7% of GDP, clearly below the limit established by the EU Stability Pact. Consolidated general government gross debt (EDP debt) amounted to 137.5 billion euros (58.9 per…