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1958 charts

A trade war would increase tariffs significantly

Trade policy uncertainty has increased significantly

Results of the model simulation: impact of import tariff increases on the level of total output

Finland’s recovery from recession is in progress

Aggregate demand is being underpinned by public demand and net exports

Inflation will remain moderate

Rising unemployment rate will gradually begin to fall

In non-residential investment the euro area has fallen behind other economies

Euro area investment has increased less than GDP

Euro area’s non-residential investment-to-GDP ratio has declined in the longer term

Euro area investment in intellectual property products has increased substantially

Growth of machinery, equipment and intangible investments in the euro area slow in comparison with other economies

R&D expenditure has fallen behind in Europe

Corporate R&D expenditure in EU relative to GDP is currently significantly lower than in the United States

Relative to GDP the EU continues to invest heavily in research and development

The euro area’s current account has long been in surplus

Labour productivity in Finland has developed in line with the ratios of fixed and human capital to labour input

Cumulative growth in GDP per capita and its components

Total population of 16–34-year-olds in population projections and in Bank of Finland long-term forecast baseline scenarios

Stock of human capital in three forecast scenarios, 2024–2075