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701 billion (2017 est. )$276. 622 billion (2019 est. )$273. 125 billion (2018 est. )$262. 597 billion (2017 est. ) Imports - commoditiescrude petroleum, cars and vehicle parts, refined petroleum, broadcasting equipment, packaged medicines (2019)cars and vehicle parts, crude petroleum, refined petroleum, broadcasting equipment, computers (2019) Imports - partnersGermany 16%, Sweden 14%, Russia 13%, China 6%, Netherlands 6% (2019)Germany 18%, Netherlands 9%, Denmark 7%, Norway 7%, China 6%, Finland 5%, Belgium 5%, Poland 5% (2019) Debt - external$631.
2youth dependency ratio: 28. 4elderly dependency ratio: 32. 8potential support ratio: 3. 1 (2020 est. ) Government Country nameconventional long form: Republic of Finlandconventional short form: Finlandlocal long form: Suomen tasavalta/Republiken Finlandlocal short form: Suomi/Finlandetymology: name may derive from the ancient Fenni peoples who are first described as living in northeastern Europe in the first centuries A. D.
)$109. 513 billion (2017 est. )$302. 65 billion (2019 est. )$291. 846 billion (2018 est. )$279. 461 billion (2017 est. ) Exports - commoditiesrefined petroleum, paper and wood pulp products, cars, stainless steel, lumber (2019)cars and vehicle parts, packaged medicines, refined petroleum, broadcasting equipment, lumber (2019) Exports - partnersGermany 14%, Sweden 10%, United States 8%, Netherlands 6%, China 6%, Russia 5% (2019)Germany 10%, Norway 9%, United States 8%, Denmark 7%, Finland 6%, United Kingdom 5%, Netherlands 5%, China 5% (2019) Imports$120. 437 billion (2019 est. )$116. 628 billion (2018 est. )$110.
) Nationalitynoun: Finn(s)adjective: Finnishnoun: Swede(s)adjective: Swedish Ethnic groupsFinn, Swede, Russian, Estonian, Romani, SamiSwedish 80. 3%, Syrian 1. 9%, Iraqi 1. 4%, Finnish 1. 4%, other 15% (2020 est. )note: data represent the population by country of birth; the indigenous Sami people are estimated to number between 20, 000 and 40, 000 HIV/AIDS - people living with HIV/AIDS4, 000 (2018)11, 000 (2016 est. ) ReligionsLutheran 67.
51 billion (31 December 2017 est. )$11. 2 billion (31 December 2016 est. )$62. 22 billion (31 December 2017 est. )$59. 39 billion (31 December 2016 est. ) Current Account Balance-$603 million (2019 est. )-$4. 908 billion (2018 est. )$22. 339 billion (2019 est. )$13. 902 billion (2018 est. ) GDP (official exchange rate)$269. 259 billion (2019 est. )$531. 35 billion (2019 est. ) Credit ratingsFitch rating: AA+ (2016)Moody's rating: Aa1 (2016)Standard & Poors rating: AA+ (2014)Fitch rating: AAA (2004)Moody's rating: Aaa (2002)Standard & Poors rating: AAA (2004) Ease of Doing Business Index scoresOverall score: 80. 2 (2020)Starting a Business score: 93.
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)note: Central Government Budget data; these numbers represent a significant reduction from previous official reportingrevenues: 271. )expenditures: 264. 4 billion (2017 est. ) Industriesmetals and metal products, electronics, machinery and scientific instruments, shipbuilding, pulp and paper, foodstuffs, chemicals, textiles, clothingiron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles Industrial production growth rate6. ) Agriculture - productsmilk, barley, oats, wheat, potatoes, sugar beet, rye, pork, poultry, beefwheat, milk, sugar beet, barley, potatoes, oats, rapeseed, pork, rye, triticale Exports$119. 887 billion (2019 est. )$111. 339 billion (2018 est.
Finland excels in export of technology as well as promotion of startups in the information and communications technology, gaming, cleantech, and biotechnology sectors. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the cold climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export industry, provides a secondary occupation for the rural population.
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8%, Greek Orthodox 1. 1%, other 1. 7%, unspecified 29. 4% (2020 est. )Church of Sweden (Lutheran) 57. 6%, other (includes Roman Catholic, Orthodox, Baptist, Muslim, Jewish, and Buddhist) 8. 9%, none or unspecified 33. 5% (2019 est. )note: estimates reflect registered members of faith communities eligible for state funding (not all religions are state-funded and not all people who identify with a particular religion are registered members) and the Church of Sweden HIV/AIDS - deaths<100 (2018)NA LanguagesFinnish (official) 86. 9%, Swedish (official) 5. 2%, Russian 1. 5%, other 6.
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549 billion (2019 est. )$536. 301 billion (2018 est. )$911. 317 billion (2019 est. )$1, 012, 171, 000, 000 (2018 est. ) Exchange rateseuros (EUR) per US dollar -0. 82771 (2020 est. 90338 (2019 est. 87789 (2018 est. 885 (2014 est. 7634 (2013 est. )Swedish kronor (SEK) per US dollar -8. 49085 (2020 est. 52915 (2019 est. 01895 (2018 est. )8. 4335 (2014 est. 8612 (2013 est. ) Fiscal yearcalendar yearcalendar year Public debt61. 3% of GDP (2017 est. )62. 9% of GDP (2016 est. )note: data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions40.
Global economic growth boosted exports of Swedish manufactures further, helping drive domestic economic growth in 2017. The Central Bank is keeping an eye on deflationary pressures and bank observers expect it to maintain an expansionary monetary policy in 2018. Swedish prices and wages have grown only slightly over the past few years, helping to support the country's competitiveness. In the short and medium term, Sweden's economic challenges include providing affordable housing and successfully integrating migrants into the labor market. GDP (purchasing power parity)$268. 662 billion (2019 est.
8% of GDP (2017 est. )42. 3% of GDP (2016 est. )note: data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions Reserves of foreign exchange and gold$10.
)major-language sample(s): World Factbook, korvaamaton perustietolähde. (Finnish)The World Factbook, the indispensable source for basic information. Swedish (official)major-language sample(s): The World Factbook, den obestridliga källan för grundläggande information. (Swedish)The World Factbook, the indispensable source for basic information. note: Finnish, Sami, Romani, Yiddish, and Meankieli are official minority languages School life expectancy (primary to tertiary education)total: 19 yearsmale: 20 yearsfemale: 20 years (2018)total: 20 yearsmale: 19 yearsfemale: 21 years (2018) Education expenditures6. 4% of GDP (2017)7.
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