GDP: purchasing power parity - $108.6 billion (1999 est.)
GDP - real growth rate: 3.5% (1999 est.)
GDP - per capita: purchasing power parity - $21,000 (1999 est.)
GDP - composition by sector:
agriculture:
5%
industry:
32%
services:
63% (1997)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%:
4.2%
highest 10%:
21.6% (1991)
Inflation rate (consumer prices): 1% (1999 est.)
Labor force: 2.533 million
Labor force - by occupation: public services 32%, industry 22%, commerce 14%, finance, insurance, and business services 10%, agriculture and forestry 8%, transport and communications 8%, construction 6%
Unemployment rate: 10% (1999 est.)
Budget:
revenues:
$41 billion
expenditures:
$41 billion, including capital expenditures of $NA (1997 est.)
Industries: metal products, shipbuilding, pulp and paper, copper refining, foodstuffs, chemicals, textiles, clothing
Industrial production growth rate: 4.8% (1999)
Electricity - production: 75.299 billion kWh (1998)
Electricity - production by source:
fossil fuel:
41.62%
hydro:
19.59%
nuclear:
27.59%
other:
11.2% (1998)
Electricity - consumption: 79.278 billion kWh (1998)
Electricity - exports: 300 million kWh (1998)
Electricity - imports: 9.55 billion kWh (1998)
Agriculture - products: cereals, sugar beets, potatoes; dairy cattle; fish
Exports: $43 billion (f.o.b., 1998)
Exports - commodities: machinery and equipment, chemicals, metals; timber, paper, and pulp
Exports - partners: EU 56% (Germany 12%, UK 9%, Sweden 9%, France 5%), US 7%, Russia 6%, Japan (1998)
Imports: $30.7 billion (f.o.b., 1998)
Imports - commodities: foodstuffs, petroleum and petroleum products, chemicals, transport equipment, iron and steel, machinery, textile yarn and fabrics, fodder grains
Imports - partners: EU 60% (Germany 15%, Sweden 12%, UK 7%), US 8%, Russia 7%, Japan 6% (1998)
Debt - external: $30 billion (December 1993)
Economic aid - donor: ODA, $379 million (1997)
Currency: 1 markka (FMk) or Finmark = 100 pennia
Exchange rates:
euros per US$1 - 0.9867 (January 2000), 0.9386 (1999); markkaa (FMk) per US$1 - 5.3441 (1998), 5.1914 (1997), 4.5936 (1996), 4.3667 (1995)
note:
on 1 January 1999, the EU introduced a common currency that is now being used by financial institutions in some member countries at a fixed rate of 5.94573 markkaa per euro; the euro will replace the local currency in consenting countries for all transactions in 2002
Fiscal year: calendar year