For three days this summer, a local host could show you why their country consistently ranks among the happiest in the world.

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This modern, Scandinavian take on the hostel includes private rooms and a jacuzzi in the old vault.

Times they are a changin'

Giving out money revealed something that flew in the face of a common American philosophy.

The province hopes to reinforce child and family wellbeing by providing basic supplies up front, as well as long term mentoring.

Building "combines affordable housing with wood construction and the promotion of new technologies."

"Game of Thrones" may return in 2019 but the winter is already here for the fans of the HBO epic fantasy drama who can now have a freezing experience in a new hotel that has opened in Finland, inspired by the show. The Leland Hotel SnowVillage transformed its annual ice hotel into a "Game of Thrones"-themed frozen resort in collaboration with HBO Nordic, according to Conde Nast Traveler.

The resort is complete with corridors and guest rooms lorded over by enormous hand-sculpted homages to the iconic White Walkers of mega-hit series. The hotel took barely one month to build with professional ice sculptors from Russia, Ukraine, Poland and Latvia working on it. The GOT admirers also have an option of sleeping under the stare of a White Walker or under the direwolf sigil, which belongs to House Stark.

The temperature inside the hotel hovers around 23 degrees Fahrenheit, which warrants full winter wear, but in comparison to outdoor temperature, around 10 degrees, it is pleasantly warm. A night stay at the digs cost around USD 200 and one can additionally pay 18 dollars to get a day pass for exploring the SnowVillage.

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TRA2020 conference in April 2020 has been cancelled

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A new tax treaty between Finland and Spain, which will broaden the Finnish Government's taxing rights with respect to pension income, will be effective from 2019, according to the Finnish Ministry of Finance.

Weapons Sales in Finland increased to 68 USD Million in 2018 from 58 USD Million in 2017. Weapons Sales in Finland averaged 42.18 USD Million from 1960 until 2018, reaching an all time high of 137 USD Million in 2006 and a record low of 1 USD Million in 1961. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

The OECD Working Group on Bribery expresses its serious concern with Finland’s continued failure to implement the OECD Anti-Bribery Convention.

Finland has proactively investigated seven allegations of Finnish individuals or companies paying bribes to foreign public officials since 1999 but needs to address its discouragingly high acquittal rate.

An overview of the long-term care situation in Finland is available here.

Finland appears to have a high performing health system, with remarkable good quality in both primary and hospital care. The country also achieves good health status at relatively low level of health spending. Despite these advances, there are specific areas where improvements can be made such as preventing the spread of obesity and addressing gaps in mental health.

Exports to Finland in Turkey increased to 27762.12 USD THO in March from 26018.43 USD THO in February of 2020. Exports to Finland in Turkey averaged 25811.41 USD THO from 2014 until 2020, reaching an all time high of 37980 USD THO in July of 2014 and a record low of 17524 USD THO in May of 2015. This page includes a chart with historical data for Turkey Exports to Finland.

Imports from Finland in Turkey increased to 92.88 USD Million in March from 63.49 USD Million in February of 2020. Imports from Finland in Turkey averaged 80.31 USD Million from 2014 until 2020, reaching an all time high of 111.07 USD Million in January of 2016 and a record low of 50.57 USD Million in November of 2016. This page includes a chart with historical data for Turkey Imports from Finland.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2011.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession but also a poor performance in important sectors, like the information and communication technology sector.

Finland’s economy is gradually picking up, but uncertainty surrounds the recovery. Determined action to implement structural reforms is needed to revive economic growth, restore competitiveness and preserve high standards of living and well-being, according to the OECD’s latest Economic Survey of Finland.

Finland’s population is set to age rapidly in the coming decades. This will put pressure on public finances, while shrinking labour resources. Nonetheless, solutions exist to alleviate those pressures. Adjusting the pension age in line with the rise in life expectancy would reduce pension costs and increase older workers’ employment, provided it is accompanied by the removal of the pathways to early retirement.

This Working Paper studies ways to stimulate the private rental sector (PRS) of the housing market – and compares experiences with policies and reforms in Germany, the Netherlands, Finland and the Czech Republic.

Finland enjoys a high level of income and well-being, but the economy has weakened and new reforms will be necessary to restart growth, boost productivity increase employment and restore competitiveness, according to the latest OECD Economic Survey of Finland.

Reviving productivity requires improving framework conditions further so labour and capital can more easily move to the most dynamic sectors and firms, making the tax system more growth-friendly, and supporting innovation, basic research and young firms’ financing.

Policies to speed up tertiary graduation, improve work incentives and activation of the unemployed and postpone labour market exit are necessary to bring the employment rate closer to the level of other Nordics

Macro-simulations benchmarking employment in Finland to the Nordic average show that closing the large gaps in labour participation vis-à-vis the other Nordics across genders and age groups would boost employment significantly.

Finland enjoys a high level of income and well-being. Nevertheless, output has been dragged down by the global downturn, the decline of the electronics and paper industries and the Russian recession.

In Finland, as elsewhere, income taxation and the withdrawal of benefits reduce the pay-off for individuals who go from benefits to work.

After a long period of lacklustre economic performance, robust growth has resumed.

This paper compares Finland’s benefit system with two benefit reform scenarios: a uniform benefit for all ("basic income") and a universal tapering rule ("universal credit").

The combination of different working-age benefits, childcare costs and income taxation creates complexity, reduces work incentives and holds back employment.

Finland raises a large amount of taxes to finance high-quality public services and redistribute income.

Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social services.

This report is the first joint OECD Public Governance Review between two countries. The Report discusses challenges in whole-of-government strategy steering and the opportunities of digital government.

Ministers and cabinet-level officials from OECD countries and beyond will participate to help determine how we shape the policy cycle to deliver inclusive outcomes.

From introducing equal inheritance rights in 1878, Finland continues to earn it's reputation as a global pioneer of gender equality.

Finland scored 86 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Finland averaged 92.58 Points from 1995 until 2019, reaching an all time high of 100 Points in 2000 and a record low of 85 Points in 2017. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Finland Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Finland is the 3 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Finland averaged 2.44 from 1995 until 2019, reaching an all time high of 6 in 2009 and a record low of 1 in 2000. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Finland Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages High Skilled in Finland increased to 4250 EUR/Month in 2018 from 4230 EUR/Month in 2017. Wages High Skilled in Finland averaged 4095 EUR/Month from 2015 until 2018, reaching an all time high of 4250 EUR/Month in 2015 and a record low of 3650 EUR/Month in 2016. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Electricity Production in Finland increased to 6606 Gigawatt-hour in December from 6037 Gigawatt-hour in November of 2019. Electricity Production in Finland averaged 5927.96 Gigawatt-hour from 2008 until 2019, reaching an all time high of 8710 Gigawatt-hour in December of 2010 and a record low of 4306 Gigawatt-hour in July of 2009. This page has Electricity Production values for Finland.

Finland 10Y Bond Yield was -0.13 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Finland Government Bond 10Y reached an all time high of 13.55 in September of 1992. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Exports to Finland CMLV in Russia increased to 1597.40 USD Million in February from 874.80 USD Million in January of 2020. Exports to Finland CMLV in Russia averaged 5647.95 USD Million from 2006 until 2020, reaching an all time high of 15741.20 USD Million in December of 2008 and a record low of 416 USD Million in January of 2016. Russia accounts for Exports to Finland using cumulative values for each year (CMLV). This page includes a chart with historical data for Russia Exports to Finland.

Bank Lending Rate in Finland remained unchanged at 0.25 percent in December from 0.25 percent in November of 2019. Bank Lending Rate in Finland averaged 2.62 percent from 1995 until 2019, reaching an all time high of 7 percent in February of 1995 and a record low of 0.25 percent in April of 2018. In Finland, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies. This page provides - Finland Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages Low Skilled in Finland decreased to 1980 EUR/Month in 2018 from 2000 EUR/Month in 2017. Wages Low Skilled in Finland averaged 1885 EUR/Month from 2015 until 2018, reaching an all time high of 2000 EUR/Month in 2017 and a record low of 1580 EUR/Month in 2016. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages in Manufacturing in Finland increased to 104.40 points in the fourth quarter of 2019 from 104 points in the third quarter of 2019. Wages in Manufacturing in Finland averaged 74.64 points from 1990 until 2019, reaching an all time high of 104.40 points in the fourth quarter of 2019 and a record low of 40.60 points in the first quarter of 1990. This page provides - Finland Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from Finland in Netherlands decreased to 328000 EUR THO in February from 390000 EUR THO in January of 2020. Imports from Finland in Netherlands averaged 327779.69 EUR THO from 2014 until 2020, reaching an all time high of 439000 EUR THO in March of 2017 and a record low of 245928 EUR THO in August of 2015. This page includes a chart with historical data for Netherlands Imports from Finland.

Home Ownership Rate in Finland increased to 71.60 percent in 2018 from 71.40 percent in 2017. Home Ownership Rate in Finland averaged 72.92 percent from 2004 until 2018, reaching an all time high of 74.30 percent in 2010 and a record low of 71.40 percent in 2004. This page provides the latest reported value for - Finland Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross National Product in Finland increased to 52473 EUR Million in the fourth quarter of 2019 from 52233 EUR Million in the third quarter of 2019. Gross National Product in Finland averaged 42331.58 EUR Million from 1990 until 2019, reaching an all time high of 52473 EUR Million in the fourth quarter of 2019 and a record low of 27989 EUR Million in the second quarter of 1993. This page provides - Finland Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Finland scored 80.25 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Finland averaged 22.69 Points from 2007 until 2019, reaching an all time high of 80.26 Points in 2018 and a record low of 5.36 Points in 2011. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Finland Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.