lectronics industries. Trade is important, with exports equaling
almost one-third of GDP. 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. Rapidly increasing integration with Western Europe -
Finland was one of the 11 countries joining the euro monetary system
(EMU) on 1 January 1999 - will dominate the economic picture over the
next several years. Growth in 2001 was held back by the global slowdown
and will likely be anemic again in 2002.
GDP: purchasing power parity - $133.5 billion (2001 est.)
GDP - real growth rate: 0.6% (2001 est.)
GDP - per capita: purchasing power parity - $25,800 (2001 est.)
GDP - composition by sector: agriculture: 3% industry: 28% services: 69%
(2000)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: 4.2%
highest 10%: 21.6% (1991)
Distribution of family income - Gini index: 25.6 (1991)
Inflation rate (consumer prices): 2.6% (2001 est.)
Labor force: 2.6 million (2000 est.)
Labor force - by occupation: public services 32%, industry 22%, commerce
14%, finance, insurance, and business services 10%, agriculture and
forestry 8%, transport and communications 8%, construction 6%
Unemployment rate: 9.4% (2001 est.)
Budget: revenues: $36.1 billion expenditures: $31 billion, including
capital expenditures of $NA (2000 est.)
Industries: metal products, electronics, shipbuilding, pulp and paper,
copper refining, foodstuffs, chemicals, textiles, clothing
Industrial production growth rate: 5.1% (2001)
Electricity - production: 75.356 billion kWh (2000)
Electricity - production by source: fossil fuel: 40.86% hydro: 19.22%
other: 11.6% (2000) nuclear: 28.32%
Electricity - consumption: 81.961 billion kWh (2000)
Electricity - exports: 326 million kWh (2000)
Electricity - imports: 12.206 billion kWh (2000)
Agriculture - products: barley, wheat, sugar beets, potatoes; dairy
cattle; fish
Exports: $40.1 billion (f.o.b., 2001)
Exports - commodities: machinery and equipment, chemicals, metals;
timber, paper, pulp
Exports - partners: Germany 12.5%, Sweden 9.3%, UK 9.1%, US 7.4%,
France 5.2%, Italy 4.4% (20
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