Finland’s economy is gradually moving out of recession

The Finnish economy is recovering from the recession. Inflation is low and an improvement in the purchasing power of households is supporting a recovery in private consumption.

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Finnish economy would recover more rapidly if exports and consumption pick up

Finland struggling to defend its market share in goods exports

The collapse of trade with Russia has had a limited effect on Finnish manufacturing

Inflation down and recovery supported by interest rate cut

Finland’s economy moving out of recession

Forecast tables for 2024–2026 (June 2024)

Geopolitical tensions and a standstill property market are casting a shadow over financial stability

Finland’s banking sector could withstand even a harsher recession than forecast

Financial regulation has proved its worth in the turbulence of recent years

Stability is paramount – Resilience will remain essential going forward

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