Finnish Economy – Current Challenges

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Presentation transcript:

Finnish Economy – Current Challenges Timo Lindholm Sitra 4.8.2014

Finland: what kind of economy? Small Open Innovative Educated Vulnerable Expensive

Finnish exports by size of company 2012 Value of exports/company, m€ Number of companies Share of exports, % Over 500 18 42 100-499 68 25 50-99 70 9 10-49 356 14 1-9,99 1413 8 0,1-0,99 2183 1 Less than 0,1 13326 2 Total 17434 100 Source: Tullihallitus

Source: Tullihallitus

Expenditure Income

Management and sales skills Factors affecting competitiveness in companies Product quality Management and sales skills Internal factors Economic performance Competition and access to finance Taxation of revenue and profits External factors Labor market legislation