35.9% of GDP (2007 est.)
Inflation rate (consumer prices):
2.5% (2007 est.)
Commercial bank prime lending rate:
5.62% (31 December 2007)
Stock of money:
NA note: see entry for the European Union for money supply in the Euro Area; the European Central Bank (ECB) controls monetary policy for the 15 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Stock of quasi money:
NA
Stock of domestic credit:
$240.7 billion (31 December 2007)
Agriculture - products:
barley, wheat, sugar beets, potatoes; dairy cattle; fish
Industries:
metals and metal products, electronics, machinery and scientific instruments, shipbuilding, pulp and paper, foodstuffs, chemicals, textiles, clothing
Industrial production growth rate:
8.1% (2007 est.)
Electricity - production:
77.02 billion kWh (2007 est.)
Electricity - consumption:
86.04 billion kWh (2006 est.)
Electricity - exports:
2.86 billion kWh (2007 est.)
Electricity - imports:
15.42 billion kWh (2007 est.)
Electricity - production by source:
fossil fuel: 39% hydro: 18.7% nuclear: 30.4% other: 11.8% (2001)
Oil - production:
8,951 bbl/day (2007 est.)
Oil - consumption:
228,200 bbl/day (2007 est.)
Oil - exports:
126,300 bbl/day (January-September 2007 est.)
Oil - imports:
281,300 bbl/day (January-September 2007 est.)
Oil - proved reserves:
NA bbl
Natural gas - production:
0 cu m (2007 est.)
Natural gas - consumption:
4.581 billion cu m (2007 est.)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
4.576 billion cu m (2007 est.)
Natural gas - proved reserves:
0 cu m (1 January 2006)
Current account balance:
$11.4 billion (2007 est.)
Exports:
$89.91 billion f.o.b. (2007 est.)
Exports - commodities:
machinery and equipment, chemicals, metals; timber, paper, pulp
Exports - partners:
Germany 10.9%, Sweden 10.7%, Russia 10.3%, US 6.4%, UK 5.8%,
Netherlands 5.6% (2007)
Imports:
$78.05 billion f.o.b. (2007 est.)
Imports - commodities:
foodstuffs, petroleum and petroleum products, chemicals, transport equipment, iron and steel, machinery, textile yarn and fabrics, grains
Imports - partners:
Germany 15.8%, Russia 14%, Sweden 13.7%, Netherlands 6.8%, China 5.5%, UK 4.9% (2007)
Economic aid - donor:
ODA, $1.023 billion (2007)
Reserves of foreign exchange and gold:
$8.385 billion (2007)
Debt - external:
$271.2 billion (30 June 2007)
Stock of direct foreign investment - at home:
$85.24 billion (2007 est.)
Stock of direct foreign investment - abroad:
$113 billion (2007 est.)
Market value of publicly traded shares:
$1.095 trillion (January 2008)
Currency (code):
euro (EUR)
Currency code:
EUR
Exchange rates:
euros (EUR) per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003)
Communications
Finland
Telephones - main lines in use:
1.74 million (2007)
Telephones - mobile cellular:
6.08 million (2007)
Telephone system:
general assessment: modern system with excellent service domestic: digital fiber-optic fixed-line network and an extensive cellular network provide domestic needs international: country code - 358; submarine cables provide links to Estonia and Sweden; satellite earth stations - access to Intelsat transmission service via a Swedish satellite earth station, 1 Inmarsat (Atlantic and Indian Ocean regions); note - Finland shares the Inmarsat earth station with the other Nordic countries (Denmark, Iceland, Norway, and Sweden)
Radio broadcast stations:
AM 2, FM 186, shortwave 1 (1998)
Radios:
7.7 million (1997)
Television broadcast stations:
120 (plus 431 repeaters) (1999); note - On 1 September 2007, Finland became one of the first countries in the world to broadcast all television signals digitally
Televisions:
3.2 million (1997)
Internet country code:
.fi; note - Aland Islands assigned .ax
Internet hosts:
3.877 million (2008)
Internet Service Providers (ISPs):
3 (2002)
Internet users:
3.6 million (2007)
Transportation
Finland
Airports:
148 (2007)
Airports - with paved runways:
total: 76 over 3,047 m: 2 2,438 to 3,047 m: 27 1,524 to 2,437 m: 10 914 to 1,523 m: 22 under 914 m: 15 (2007)
Airports - with unpaved runways:
total: 72 914 to 1,523 m: 4 under 914 m: 68 (2007)
Pipelines:
gas 694 km (2007)
Railways: