Finland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland

2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland

Volume/Issue: Volume 2022 Issue 025

Publication date: January 2022

ISBN: 9798400201011

$5.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

	paperback else	pdf else	epub else
English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , liability positions vis-à-vis nonresident , money market rate , potential GDP , exchange arrangement , transparency policy , currency of Finland , Employment , COVID-19 , Labor markets , Loans , Global

Also of interest

Peru

Grenada

Nepal

Peru

Summary

With strong policy support, Finland suffered a relatively mild economic contraction in 2020 followed by a swift recovery in 2021. Medium-term growth prospects are less strong, due to adverse demographics and low productivity growth—trends that precede the pandemic. Public debt has increased due to pandemic-related support and will remain on a rising trajectory in the medium term, largely reflecting permanent spending increases.