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.
Petri Mäki-Fränti — articles & blogs(12)
Finland’s long-term growth prospects moderate
Higher education a solid currency in Finland
Winners and losers in industrial profitability
Why is Finland trailing its peers?
Households increasingly dependent on public transfers
The longer working careers and higher earnings of those now retiring have caused a rising trend in earnings-related pensions. As this has been accompanied by a strong increase in unemployment expenditure and slow growth in aggregate income, a growing number of households now depend on current transfers.