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COUNTRIES®IONS

MacroeconomicIndicatorsinFinland:indicatordata&analysis

GlobalIndicatorsreport

September2024

MARKETINSIGHTS

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TableofContents

Overview

Summary 6

IndicatorDefinition 7

KeyTakeaways 8

CountryTrends

GrossNationalIncome-PerCapita 10

GrossNationalIncome-PercentageOfGDP 13

GrossNationalIncome 16

ValueAddedDivisionofGDP-PercentageofGDP 19

GrossDomesticProduct 20

GrossDomesticProduct-PerCapita 23

PriceLevelIndex 26

GovernmentRevenue 29

ConsumerPriceIndex 32

GovernmentRevenue-PercentageOfGDP 33

GovernmentExpenditure 36

GovernmentExpenditure-PercentageOfGDP 39

GovernmentGrossDebt 42

GovernmentGrossDebt-PercentageOfGDP 45

GDPDeflator 48

MerchandiseTrade 49

MerchandiseTrade-PercentageOfGDP 52

MerchandiseExport 55

MerchandiseImports 58

Appendix

ProductOverview 62

Author 63

CHAPTER1

Overview

PAGE

Sources:

MarketInsights2024

Lookingatthemainmacroeconomicindicatorsoffersvitalinsightsintonationalaccounts,inflationrates,globalizationimpacts,andtheshiftingdynamicsofglobaltrade.

Overview:Summary

Summary

RegionalEconomicGrowthandDisparities:EmergingeconomiesinAsiaareseeingsubstantialGDPgrowth,significantlydrivingglobalexpansion.Incontrast,EuropeandNorthAmericaareexperiencingslowerbutsteadygrowth.Thesedifferencesreflectvaryinglevelsofeconomicdevelopmentandinfluenceinvestmentopportunities.Understandingtheseregionaldisparitiesiscrucialformakinginformedinvestmentandpolicydecisions.

GlobalEconomicInterconnectivity:Theglobaleconomyishighlyinterconnected,meaningeconomicissuesinoneregioncanquicklyspreadtoothers.Aslowdowninamajoreconomycanleadtoreducedinternationaltradeandmarketinstability.Thisinterconnectednesshighlightstheimportanceofglobalcooperationtomanageeconomicchallengesandmaintainoverallstability.

However,globalizationinitscurrentformisthreatenedbynewtariffsandsimilarprotectionistmeasuresaimedatnurturinglocalindustriesattheexpenseofinternationalcompetitors.

ChallengesinPublicFinanceManagement:Governmentsfacesignificantchallengesinmanagingpublicfinances,particularlyduringeconomicdownturns.Balancingbudgetsandmanagingdebtarecriticaltasksthatrequirecarefulplanningandstrategy.Effectivefiscalmanagementisessentialforensuringeconomicstabilityandsupportingsustainablegrowth.

InflationandItsImpact:Inflationreducesconsumers'purchasingpowerandimpactsbusinessprofitabilitybyincreasingcosts.Risingpricesmakeeverydaygoodsandservicesmoreexpensive,whilebusinessesmustnavigatehigheroperationalcosts.Policymakersmustcarefullymanageinflationtobalanceeconomicgrowthwithpricestability.

PAGE

Sources:

MarketInsights2024

AmongtheGlobalIndicators,MacroeconomicIndicatorsplayasignificantrole

Overview:IndicatorDefinition

Indicatordefinition

TheMacroeconomicIndicatorsprovideacomprehensivelookatpast,current,andanticipatedeconomicsituations,aswellasperformanceinaglobalcomparison.Theseindicatorsarehelpfulforunderstandingthecomplexityofeconomiceventsaswellasmakingbothshort-andlong-termbusinessdecisions.

Structure:

TheMacroeconomicIndicatorscoverfourfocusareas:

TheEconomicMeasuresfocusareaincludesgrossnationalincome(GNI)andgrossdomesticproduct(GDP).TheGNIshowsthesumofvalueaddedbyallresidentproducersplusanyproducttaxesandnetreceiptsofprimaryincomefromabroad.GDPreferstothesumofgrossvalueaddedbyallresidentproducersplusanyproducttaxesminusanysubsidiesnotincludedinthevalueoftheproducts.

ThePublicFinancefocusareacoversgovernmentrevenue,expenditure,anddebt.

TheInflationfocusareaincludestwomajormeasuresofpricechangesovertime:theconsumerpriceindex(CPI)andtheGDPdeflator.

TheInternationalTradefocusareareportsonthevaluesoftotalforeigntradeaswellastheexportsandimportsofgoods.

InFinlandMacroeconomicIndicatorsshowdataforvariousindicatorsin2024

Overview:KeyTakeaways

KeyTakeaways

TheGDP(grossdomesticproduct)percapitainFinlandisforecasttoamounttoUS$55.51kin2024.

TheGDP(grossdomesticproduct)inFinlandisforecasttoamounttoUS$308.10bnin2024.

TheconsumerpriceindexinFinlandisexpectedtobe118.60by2024.

ThegeneralgovernmentgrossdebtinFinlandisexpectedtobe79.96%ofGDPby2024.

ThegeneralgovernmentgrossdebtinFinlandisexpectedtobeUS$246.30bnby2024.

ThegeneralgovernmentgrossrevenueinFinlandisexpectedtobe51.73%ofGDPby2024.

ThegeneralgovernmentgrossrevenueinFinlandisexpectedtobeUS$159.40bnby2024.

ThegeneralgovernmentexpenditureinFinlandisexpectedtobe55.22%ofGDPby2024.

ThegeneralgovernmentexpenditureinFinlandisexpectedtobeUS$170.10bnby2024.

CHAPTER2

CountryTrends

PAGE

Notes: (1)CAGR:CompoundAnnualGrowthRate

Sources:

MarketInsights2024

InFinlandthegrossnationalincome-percapitaisestimatedtoincreaseataCAGR(1)of3.2%from2019to2029

Indicatordevelopment:Finland

Grossnationalincome-percapitaforecastinthousandUS$

+3.2%(1)

62.40

64.64

66.83

54.48

54.81

56.21

58.15

60.21

48.89

49.93

51.39

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Withgrossnationalincome-percapitaofUS$48.0thousand,thehighestvalueamongselectedregionsisinAustralia&Oceaniain2024

Indicatordevelopment:RegionalComparison

Grossnationalincome-percapitaforecastinthousandUS$

+3.1%(1)

+3.6%(1)

48.02

+3.8%(1)

56.02

37.96

39.95

33.23

45.21

+5.6%(1)

+4.0%(1)

2024

2029

2.02 2.46

2024 2029

2024

2029

8.58

11.29

2024

2029

2024

2029

Europe Africa Americas Asia Australia&Oceania

Withgrossnationalincome-percapitaofUS$133.8thousand,Luxembourghasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

Grossnationalincome-percapitaforecastinthousandUS$

+3.5%(1)

159.27

133.85

+3.7%(1)

133.04

+3.8%(1)

110.82

106.02

96.82

109.45

+2.5%(1)

+3.5%(1)

127.57

56.21

66.83

2024 2029

Finland Luxembourg Ireland Switzerland Norway

InFinlandthegrossnationalincome-percentageofGDPisestimatedtoincreaseataCAGR(1)of0.1%from2019to2029

Indicatordevelopment:Finland

Grossnationalincome-percentageofgdpforecastinpercent

+0.1%(1)

100.52 101.63 101.67 100.94 101.15 101.27 101.38 101.47 101.55 101.63 101.69

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Withgrossnationalincome-percentageofGDPof102.0%,thehighestvalueamongselectedregionsisintheAmericasin2024

Indicatordevelopment:RegionalComparison

Grossnationalincome-percentageofgdpforecastinpercent

0.0%(1)

101.19 101.26

100.09 100.23

101.55 101.55

100.96 100.87

100.00 100.00

2024 2029

Europe Africa Americas Asia Australia&Oceania

Withgrossnationalincome-percentageofGDPof103.8%,Swedenhasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

Grossnationalincome-percentageofgdpforecastinpercent

+0.1%(1)

0.0%(1)

+0.1%(1)

-0.4%(1)

101.27 101.69

103.79 104.32

103.79 104.02

103.54 103.94

101.94 100.05

2024 2029

Finland Sweden Germany Denmark Ukraine

PAGE

Sources:

MarketInsights2024

InFinlandthegrossnationalincomeisestimatedtoincreasefrom2019to2029

Indicatordevelopment:Finland

GrossnationalincomeforecastinbillionUS$

400

350

301.61

303.96 311.98

322.98 334.63 346.99

359.60 371.89

300 269.93 276.10

250

284.75

200

150

100

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Asiahasthehighestvalueingrossnationalincomein2024

Indicatordevelopment:RegionalComparison

GrossnationalincomeforecastintrillionUS$

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Australia&OceaniaAfrica

EuropeAmericas

Asia

WithgrossnationalincomeofUS$4.8trillion,Germanyhasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

GrossnationalincomeforecastintrillionUS$

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Finland Italy France UnitedKingdom Germany

PAGE

Notes: (1)CAGR:CompoundAnnualGrowthRate

Sources:

MarketInsights2024

InFinlandtheServicessectorhasthehighestvalueaddeddivisionofGDP-percentageofGDPin2024

Indicatordevelopment:Finland

Valueaddeddivisionofgdp-percentageofgdpforecastinpercent

100.00

99.99

100.00

99.99

100.00

100.01

100.00

2.72

2.83

2.81

2.64

2.57

2.56

2.55

27.63

27.75

27.69

29.34

30.24

30.56

30.84

31.07

31.28

31.47

31.63

69.65

69.42

69.50

68.02

67.18

66.87

66.60

66.37

66.17

65.99

65.82

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Agriculture

IndustryandMining

Services

PAGE

Sources:

MarketInsights2024

InFinlandthegrossdomesticproductisestimatedtoincreasefrom2019to2029

Indicatordevelopment:Finland

GrossdomesticproductforecastinbillionUS$

400

350

308.05 318.58

329.77 341.68 353.84

365.69

300

250

268.54 271.67

296.67 282.11 300.50

200

150

100

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Asiahasthehighestvalueingrossdomesticproductin2024

Indicatordevelopment:RegionalComparison

GrossdomesticproductforecastintrillionUS$

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Australia&OceaniaAfrica

EuropeAmericas

Asia

WithgrossdomesticproductofUS$4.6trillion,Germanyhasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

GrossdomesticproductforecastintrillionUS$

5.5

5.0

4.5

4.0

3.5

3.0

2.5

2.0

1.5

1.0

0.5

0.0

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Finland Italy France UnitedKingdom Germany

PAGE

Notes: (1)CAGR:CompoundAnnualGrowthRate

Sources:

MarketInsights2024

InFinlandthegrossdomesticproduct-percapitaisestimatedtoincreaseataCAGR(1)of3.1%from2019to2029

Indicatordevelopment:Finland

Grossdomesticproduct-percapitaforecastinthousandUS$

48.64 49.13

53.59 50.92 54.19

+3.1%(1)

55.51 57.36 59.34

61.45 63.61 65.72

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Withgrossdomesticproduct-percapitaofUS$48.0thousand,thehighestvalueamongselectedregionsisinAustralia&Oceaniain2024

Indicatordevelopment:RegionalComparison

Grossdomesticproduct-percapitaforecastinthousandUS$

+3.1%(1)

+3.6%(1)

48.02

+3.7%(1)

56.02

37.38

39.45

32.83

44.52

+5.7%(1)

+4.0%(1)

2024

2029

2.02 2.46

2024 2029

2024

2029

8.50

11.20

2024

2029

2024

2029

Europe Africa Americas Asia Australia&Oceania

Withgrossdomesticproduct-percapitaofUS$133.8thousand,Luxembourghasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

+3.5%(1)

Grossdomesticproduct-percapitaforecastinthousandUS$

159.27

+3.7%(1)

133.85

133.04

+3.8%(1)

110.82

106.02

108.06

95.56

+2.5%(1)

+3.4%(1)

127.57

55.51

65.72

2024 2029

Finland Luxembourg Ireland Switzerland Norway

PAGE

Sources:

MarketInsights2024

InFinlandthepricelevelindexisestimatedtodecreasefrom2019to2029

Indicatordevelopment:Finland

Pricelevelindexforecastinindex

100

96.27 98.44 99.94

87.62 90.92 90.63 90.42 90.12 90.12 90.17 90.08

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Australia&Oceaniahasthehighestvalueinpricelevelindexin2024

Indicatordevelopment:RegionalComparison

Pricelevelindexforecastinindex

110

100

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

AfricaAsia

EuropeAmericas

Australia&Oceania

Withpricelevelindexof115.0index,Switzerlandhasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

Pricelevelindexforecastinindex

140

120

100

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Finland Luxembourg Norway Iceland Switzerland

PAGE

Notes: (1)CAGR:CompoundAnnualGrowthRate

Sources:

MarketInsights2024

InFinlandthegovernmentrevenuesisestimatedtoincreaseataCAGR(1)of2.9%from2019to2029

Indicatordevelopment:Finland

GovernmentrevenueforecastinbillionUS$

+2.9%(1)

181.81

187.90

157.23

157.82

159.37

164.42

169.98

175.86

140.70

140.23

148.76

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

WithgovernmentrevenueofUS$12.0trillion,thehighestvalueamongselectedregionsisinEuropein2024

Indicatordevelopment:RegionalComparison

GovernmentrevenueforecastintrillionUS$

+3.7%(1)

+4.6%(1)

11.96

14.36

14.82

9.76

+6.4%(1)

13.30

+6.1%(1)

+3.5%(1)

2024

2029

0.52 0.70

2024 2029

11.84

2024

2029

2024

2029

0.74 0.88

2024 2029

Europe Africa Americas Asia Australia&Oceania

WithgovernmentrevenueofUS$2.1trillion,Germanyhasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

GovernmentrevenueforecastintrillionUS$

+3.6%(1)

2.53

2.12

1.89

1.63

+3.0%(1)

+6.0%(1)

+2.6%(1)

1.85

+3.5%(1)

1.38

1.08

1.23

0.16 0.19

2024 2029

Finland Germany France UnitedKingdom Italy

PAGE

Sources:

MarketInsights2024

InFinlandtheconsumerpriceindexisestimatedtoincreasefrom2019to2029

Indicatordevelopment:Finland

Consumerpriceindexforecastinindex

140

120

102.32 102.71 104.83

112.35

117.23 118.65 120.94 123.36

125.83 128.35 130.91

100

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

PAGE

Notes: (1)CAGR:CompoundAnnualGrowthRate

Sources:

MarketInsights2024

InFinlandthegovernmentrevenue-percentageofGDPsisestimatedtodecreaseataCAGR(1)of-0.2%from2019to2029

Indicatordevelopment:Finland

Governmentrevenue-percentageofgdpforecastinpercent

-0.2%(1)

52.39

51.62

53.00

52.73

52.52

51.73

51.61

51.54

51.47

51.38

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Withgovernmentrevenue-percentageofGDPof43.0%,thehighestvalueamongselectedregionsisinEuropein2024

Indicatordevelopment:RegionalComparison

Governmentrevenue-percentageofgdpforecastinpercent

0.0%(1)

43.18 43.22

-0.2%(1)

19.94 19.76

31.15

+0.4%(1)

31.75

+0.1%(1)

25.28 25.42

-0.6%(1)

35.26 34.29

2024 2029

Europe Africa Americas Asia Australia&Oceania

Withgovernmentrevenue-percentageofGDPof58.2%,Norwayhasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

Governmentrevenue-percentageofgdpforecastinpercent

58.24

54.49

-0.1%(1)

-1.3%(1)

-0.1%(1)

0.0%(1)

-0.1%(1)

51.73 51.38

52.04 51.81

50.67 50.62

49.47

49.25

2024 2029

Finland Norway France Belgium Austria

InFinlandthegovernmentexpenditureisestimatedtoincreaseataCAGR(1)of3.2%from2019to2029

Indicatordevelopment:Finland

GovernmentexpenditureforecastinbillionUS$

+3.2%(1)

190.07

196.47

175.41

180.12

185.40

155.36

165.60

166.31

170.10

143.24

150.97

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

WithgovernmentexpenditureofUS$14.1trillion,thehighestvalueamongselectedregionsisintheAmericasin2024

Indicatordevelopment:RegionalComparison

GovernmentexpenditureforecastintrillionUS$

+4.0%(1)

12.74

+3.4%(1)

15.03

17.13

11.92

+6.2%(1)

16.11

+4.7%(1)

+2.9%(1)

2024

2029

0.66 0.83

2024 2029

14.07

2024

2029

2024

2029

0.77 0.89

2024 2029

Europe Africa Americas Asia Australia&Oceania

WithgovernmentexpenditureofUS$2.2trillion,Germanyhasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

GovernmentexpenditureforecastintrillionUS$

+3.2%(1)

2.19

+2.7%(1)

+5.5%(1)

2.56

2.03

1.78

+1.9%(1)

2.01

+3.3%(1)

1.54

1.19

1.31

0.17 0.20

2024 2029

Finland Germany France UnitedKingdom Italy

InFinlandthegovernmentexpenditure-percentageofGDPisestimatedtoincreaseataCAGR(1)of0.1%from2019to2029

Indicatordevelopment:Finland

Governmentexpenditure-percentageofgdpforecastinpercent

+0.1%(1)

57.19

53.34

55.82

53.51

55.34

55.22

55.06

54.62

54.26

53.72

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Withgovernmentexpenditure-percentageofGDPof46.0%,thehighestvalueamongselectedregionsisinEuropein2024

Indicatordevelopment:RegionalComparison

Governmentexpenditure-percentageofgdpforecastinpercent

-0.3%(1)

-1.7%(1)

45.96 45.24

-0.2%(1)

37.01 36.72

0.0%(1)

-1.3%(1)

36.91

34.58

30.86 30.79

25.25

23.21

2024 2029

Europe Africa Americas Asia Australia&Oceania

Withgovernmentexpenditure-percentageofGDPof57.3%,Ukrainehasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

Governmentexpenditure-percentageofgdpforecastinpercent

-0.5%(1)

-5.6%(1)

-0.4%(1)

+0.4%(1)

-0.4%(1)

55.22 53.72

57.30

56.93 55.73

55.07 56.19

52.11

51.15

43.03

2024 2029

Finland Ukraine France Belgium Austria

InFinlandthegovernmentgrossdebtisestimatedtoincreaseataCAGR(1)of6.2%from2019to2029

Indicatordevelopment:Finland

GovernmentgrossdebtforecastinbillionUS$

318.72

+6.2%(1)

293.22

305.97

246.33

263.06

279.25

203.04

215.34

230.51

207.49

174.22

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

WithgovernmentgrossdebtofUS$42.4trillion,thehighestvalueamongselectedregionsisintheAmericasin2024

Indicatordevelopment:RegionalComparison

+7.9%(1)

GovernmentgrossdebtforecastintrillionUS$

35.99

52.75 52.75

+4.0%(1)

+3.6%(1)

+1.9%(1)

25.72

21.18

2024

2029

1.76 2.10

2024 2029

2024

2029

2024

2029

1.03 1.13

2024 2029

Europe Africa Americas Asia Australia&Oceania

WithgovernmentgrossdebtofUS$3.6trillion,theUnitedKingdomhasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

GovernmentgrossdebtforecastintrillionUS$

+7.0%(1)

5.13

+3.8%(1)

3.65

3.49

4.20

+3.2%(1)

+1.1%(1)

2.93 3.09

+5.1%(1)

0.25 0.32

2024 2029

2024

2029

2024

2029

3.80

3.24

2024

2029

2024

2029

Finland UnitedKingdom France Italy Germany

InFinlandthegovernmentgrossdebt-percentageofGDPisestimatedtoincreaseataCAGR(1)of3.0%from2019to2029

Indicatordevelopment:Finland

Governmentgrossdebt-percentageofgdpforecastinpercent

+3.0%(1)

82.57

84.68

85.82

86.47

87.16

74.74

72.58

73.55

76.71

79.96

64.88

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Withgovernmentgrossdebt-percentageofGDPof112.0%,thehighestvalueamongselectedregionsisintheAmericasin2024

Indicatordevelopment:RegionalComparison

Governmentgrossdebt-percentageofgdpforecastinpercent

+1.2%(1)

+1.6%(1)

+0.3%(1)

67.02

59.09

-2.5%(1)

111.65

118.49

93.21

100.81

-2.3%(1)

76.43 77.40

49.48

44.05

2024 2029

Europe Africa Americas Asia Australia&Oceania

Withgovernmentgrossdebt-percentageofGDPof158.8%,Greecehasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

Governmentgrossdebt-percentageofgdpforecastinpercent

-2.6%(1)

139.23

144.89

+0.8%(1)

+0.6%(1)

158.79

-0.4%(1)

138.84

+1.7%(1)

111.63 115.16

106.31

104.19

79.96

87.16

2024 2029

Finland Greece Italy France Spain

InFinlandtheGDPdeflatorisestimatedtoincreaseataCAGR(1)of2.6%from2019to2029

Indicatordevelopment:Finland

GDPdeflatorforecastinindex

+2.6%(1)

121.83

124.26

126.33

128.91

131.56

134.23

113.55

118.99

103.53

105.22

107.74

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

InFinlandthemerchandisetradeisestimatedtoincreaseataCAGR(1)of4.4%from2019to2029

Indicatordevelopment:Finland

MerchandisetradeforecastinbillionUS$

+4.4%(1)

211.31

219.15

226.79

183.29

186.17

190.13

196.58

203.67

168.01

147.18

134.49

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

WithmerchandisetradeofUS$20.6trillion,thehighestvalueamongselectedregionsisinEuropein2024

Indicatordevelopment:RegionalComparison

MerchandisetradeforecastintrillionUS$

+4.1%(1)

+5.5%(1)

20.64

25.24

25.88

+4.5%(1)

+5.8%(1)

+5.1%(1)

2024

2029

1.17 1.55

2024 2029

13.23

10.63

2024

2029

19.79

2024

2029

0.85 1.09

2024 2029

Europe Africa Americas Asia Australia&Oceania

WithmerchandisetradeofUS$3.5trillion,Germanyhasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

MerchandisetradeforecastintrillionUS$

+3.1%(1)

3.49

4.07

+4.1%(1)

+3.0%(1)

+5.6%(1)

+3.9%(1)

0.19 0.23

2024 2029

2024

2029

2.45

2.00

2024

2029

1.53

1.77

2024

2029

1.92

1.46

2024

2029

Finland Germany Netherlands France UnitedKingdom

InFinlandthemerchandisetrade-percentageofGDPisestimatedtoincreaseataCAGR(1)of1.2%from2019to2029

Indicatordevelopment:Finland

Merchandisetrade-percentageofgdpforecastinpercent

+1.2%(1)

64.97

61.95

61.72

61.70

61.76

61.84

61.93

62.02

54.81

56.63

49.50

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

Withmerchandisetrade-percentageofGDPof74.0%,thehighestvalueamongselectedregionsisinEuropein2024

Indicatordevelopment:RegionalComparison

Merchandisetrade-percentageofgdpforecastinpercent

+0.4%(1)

-0.7%(1)

74.49 75.95

-0.6%(1)

+0.8%(1)

44.69 43.41

+0.3%(1)

27.98 28.35

51.25 49.45

40.84 42.41

2024 2029

Europe Africa Americas Asia Australia&Oceania

Withmerchandisetrade-percentageofGDPof220.8%,Sloveniahasthehighestvalueamongselectedcountriesin2024

Indicatordevelopment:CountryComparison

Merchandisetrade-percentageofgdpforecastinpercent

+1.9%(1)

0.0%(1)

+0.2%(1)

242.18

220.75

200.63 200.96

185.09 186.98

175.11

+0.5%(1)

179.71

+0.1%(1)

61.72 62.02

2024 2029

Finland Slovenia Belgium Slovakia Netherlands

InFinlandthemerchandiseexportisestimatedtoincreaseataCAGR(1)of3.9%from2019to2029

Indicatordevelopment:Finland

MerchandiseexportforecastinbillionUS$

+3.9%(1)

100.31

103.97

107.54

93.42

96.75

82.00

86.01

88.44

90.38

73.47

66.22

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

WithmerchandiseexportofUS$10.5trillion,thehighestvalueamongselectedregionsisinAsiain2024

Indicatordevelopment:RegionalComparison

MerchandiseexportforecastintrillionUS$

+5.4%(1)

13.60

10.46

10.15

+3.9%(1)

12.29

+4.6%(1)

+5.3%(1)

+5.9%(1)

2024

2029

0.54 0.70

2024 2029

5.69

4.54

2024

2029

2024

2029

0.48 0.64

2024 2029

Europe Africa Americas Asia Australia&Oceania

WithmerchandiseexportofUS$1.8trillion,Germanyhasthehighestvalueamongselectedcountriesin2024

Indicatord

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