Economic Trivia

Trade is important with exports accounting for over one-third of GDP in recent years.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2018): Germany, Sweden, and Russia
Top 3 Exported Goods (2018): Industrial Machinery, Paper, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Metals and Metal Products; Electronics; Machinery and Scientific Instruments; Shipbuilding

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $267,167,073,860 (2018)
GDP Growth Rate (annual %) 1.671% (2018)
GDP Per Capita, PPP (current international) $48,417 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 62/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 1.084% (2018)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 36.6% (2019)
Real Interest Rate (5 year average %) 3.712% (2016)
Manufacturing, value added (% of GDP) 15.113% (2018)
Current Account Balance (BoP, current US$) ($4,468,797,259) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,711,153 (2019)
Employment in Agriculture (% of total employment) 3.692% (2019)
Employment in Industry (% of total employment) 21.806% (2019)
Employment in Services (% of total employment) 74.502% (2019)
Unemployment Rate 7.252% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $108,741,126,087 (2018)
Exports of goods and services (current US$) $106,715,597,751 (2018)
Total Merchandise Trade (% of GDP) 55.848% (2018)
FDI, net inflows (BoP, current US$) ($4,878,401,765) (2018)
Commercial Service Exports (current US$) $32,695,391,473 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Finland’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank