Country profile
Finland
An EU exporter of machinery, electrical equipment, paper and pulp, and stainless steel, with low-carbon power.
Updated 11 November 2026. Sources at the bottom of the page.
- Capital
- Helsinki
- Population
- 5.63 million (2026)
- Currency
- Euro (EUR)
- GDP, 2026
- US$339 billion
- Exports, 2025
- US$84.1 billion
- Exchange rate
- 1 EUR = 1.12 USD (10 Nov 2026)
Economy
IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.
1.7%Real GDP growth, 2026
1.4%Real GDP growth, 2027
2.4%Inflation, 2026
10.2%Unemployment, 2026
90.6% of GDPGovernment debt, 2026
0.3% of GDPCurrent account, 2026
Compare Finland with other countries →
Trade
Top export markets
Share of the country’s exports, 2025
- Sweden (11.3%)
- United States (10.4%)
- Germany (9.8%)
- Netherlands (7.5%)
- China (4.3%)
Main exports
Product groups, share of exports
- Machinery, including computers (13.6%)
- Electrical machinery and equipment (9.5%)
- Paper and paperboard (8.6%)
- Mineral fuels, refined products (8.5%)
- Iron and steel (5.8%)
Main trade agreements
- EU single market
- EU agreements including CETA (Canada), EU–Japan, EU–Korea, EU–Mexico and EU–Vietnam
- EU–UK Trade and Cooperation Agreement
Trade policy to watch
- EU Carbon Border Adjustment Mechanism (CBAM): in its definitive phase since 1 January 2026 for imports into the EU of iron and steel, aluminium, cement, fertilisers, electricity and hydrogen.
- EU trade policy: no tariffs inside the EU; trade with non-EU countries is set at EU level.
- Russia: Finland stopped importing Russian energy in 2022 and has kept its border with Russia closed since late 2023.
Energy
Nuclear power (including Olkiluoto 3) produces about 40% of Finland's electricity, and wind, hydro and biomass most of the rest. Oil and gas are imported.
What it means for your supply chain
- Finland is a source of paper, pulp, packaging board, stainless steel, elevators and engines.
- Low-carbon electricity helps Finnish suppliers report lower product emissions.
- Importers of steel, aluminium and other CBAM goods into Finland need emissions data from their non-EU suppliers.
Finland in the Supplier Hub
3 companies in the Supplier Hub are listed under Finland.
Sources
- IMF, World Economic Outlook, October 2026: GDP, growth, inflation, unemployment, government debt, current account (2026 and 2027 are projections; updated automatically).
- IMF, World Economic Outlook database: population (2026 estimate).
- World’s Top Exports: export markets and main exports.
- Bank of Canada, daily exchange rates (cross rates calculated from CAD rates; updated daily).
- Energy Institute, Statistical Review of World Energy 2026: energy profile.
- European Commission, Carbon Border Adjustment Mechanism.
Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.