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Economy Finland
Flag of Finland Finland
Population: 5,214,512 (July 2004 est.)
Capital: Helsinki
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Tabular Data - The Finn Economy

GDP : purchasing power parity - $142.2 billion (2003 est.)
GDP - Real Growth Rate : 1.9% (2003 est.)
GDP - Per Capita : purchasing power parity - $27,400 (2003 est.)
GDP - Composition By Sector : agriculture: 4.3%
industry: 32.7%
services: 62.9% (2003 est.)
Household Income or Consumption by Percentage : lowest 10%: 4.2%
highest 10%: 21.6% (1991)
Inflation Rate (Consumer Prices) : 0.9% (2003 est.)
Labor Force : 2.599 million (2003 est.)
Labor Force - By Occupation : agriculture and forestry 8%, industry 22%, construction 6%, commerce 14%, finance, insurance, and business services 10%, transport and communications 8%, public services 32%
Budget : revenues: $87.03 billion
expenditures: $81.62 billion, including capital expenditures of NA (2003 est.)
Industries : metal products, electronics, shipbuilding, pulp and paper, copper refining, foodstuffs, chemicals, textiles, clothing
Industrial Production Growth Rate : 0.8% (2003 est.)
Electricity - Production : 71.2 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 39%
hydro: 18.7%
nuclear: 30.4%
other: 11.8% (2001)
Electricity - Consumption : 76.18 billion kWh (2001)
Electricity - Exports : 1.81 billion kWh (2001)
Electricity - Imports : 11.77 billion kWh (2001)
Agriculture - Products : barley, wheat, sugar beets, potatoes; dairy cattle; fish
Exports : $54.28 billion f.o.b. (2003 est.)
Exports - Commodities : machinery and equipment, chemicals, metals; timber, paper, pulp (1999)
Exports - Partners : Germany 11.8%, Sweden 9.9%, US 8.2%, UK 8%, Russia 7.5%, Netherlands 4.8% (2003 est.)
Imports : $37.35 billion f.o.b. (2003 est.)
Imports - Commodities : foodstuffs, petroleum and petroleum products, chemicals, transport equipment, iron and steel, machinery, textile yarn and fabrics, grains (1999)
Imports - Partners : Germany 16.2%, Sweden 14.1%, Russia 11.7%, Netherlands 6.3%, Denmark 5.7%, UK 5.3%, France 4.3% (2003 est.)
Debt - External : $30 billion (December 1993)
Economic Aid - Donor : ODA, $379 million (2001)
Currency : euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Currency Code : EUR
Exchange Rates : euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
Fiscal Year : Calendar Year

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Data Source: Central Intelligence Agency 2004 World Factbook