Finland PESTLE Insights - A Macroeconomic Outlook Report

Finland PESTLE Insights - A Macroeconomic Outlook Report

Summary

Financial intermediation, real estate, and business activities contributed 24.5% to the gross value added (GVA) in 2022, followed by mining, manufacturing, and utilities (22.2%), and wholesale, retail, and hotel activities (11.1%). In nominal terms, the three sectors are expected to grow by 5.0%, 4.1%, and 3.4%, respectively, in 2023.

According to Eurostat, Helsinki-Uusimaa generated around 39.3% of the nation's GDP in 2021, and 30.9% of the total population resided in the region in 2022.

The HEX Index exhibited a downward trend over the past year. As of August 29, 2023, the index stood at 9,790.3, compared to 10,689.8 on August 29, 2022.

Scope

• Finland's National Transport System Plan (Transport 12) includes new transportation projects for 2023-2030, proposed by the Transport Infrastructure Agency and approved by the Finnish Parliament. The investment program allocates EUR2.7 billion ($2.8 billion) for development and EUR727 million ($766.2 million) for basic infrastructure.

Reasons to Buy

Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.

PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations

Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.

This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.