UNTSO, UPU, WEU (observer),
WFTU, WHO, WIPO, WMO, WToO, WTrO, ZC
Diplomatic representation in the US:
chief of mission: Ambassador Jaakko Tapani LAAJAVA
chancery: 3301 Massachusetts Avenue NW, Washington, DC 20008
telephone: (202) 298-5800
FAX: (202) 298-6030
consulate(s) general: Los Angeles and New York
Diplomatic representation from the US:
chief of mission: Ambassador Eric EDELMAN
embassy: Itainen Puistotie 14A, FIN-00140, Helsinki
mailing address: APO AE 09723
telephone: (9) 171931
FAX: (9) 174681
Flag description: white with a blue cross that extends to the edges of
the flag; the vertical part of the cross is shifted to the hoist side
in the style of the Dannebrog (Danish flag)
@Finland:Economy
Economy - overview: Finland has a highly industrialized, largely
free-market economy, with per capita output roughly that of the UK,
France, Germany, and Italy. Its key economic sector is manufacturing -
principally the wood, metals, engineering, telecommunications, and
electronics industries. Trade is important, with exports equaling more
than 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. The economy has come back from the recession
of 1990-92, which had been caused by economic overheating, depressed
foreign markets, and the dismantling of the barter system between
Finland and the former Soviet Union. 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 2000 will
probably be at the same level as in 1999, enough to continue the
decline in unemployment from its current high level.
GDP: purchasing power parity - $108.6 billion (1999 est.)
GDP - real growth rate: 3.5% (1999 est.)
GDP - per capita: purchasing power parity - $21,000 (1999 est.)
GDP - composition by sector:
agriculture: 5%
industry: 32%
services: 63% (1997)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%: 4.2%
highest 10%: 21.6% (1991)
Inflation rate (consumer prices): 1% (1999 est.)
Labor force:
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