Finnish economy’s long-term growth outlook squeezed by a shrinking working-age population and weak productivity
The long-term forecasting scenarios for economic growth combine the projections for human capital and fixed capital.
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Assessment of public finances 2019
Fiscal buffers should be accumulated when the economic situation is relatively bright. This would help to reduce the sustainability gap in the public finances and improve readiness for future recessions.
Manufacturing is not fostering labour productivity growth as it did before
The pace of labour productivity growth in Finland has faded. This is attributable to lacklustre productivity development in manufacturing as well as the increasing dominance of services in the economy.