IMF Staff Country Reports

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

January 31, 2022

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Format: Chicago

Finland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland, (USA: International Monetary Fund, 2022) accessed September 19, 2024

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.

Subject: COVID-19, Employment, Financial institutions, Health, International organization, Labor, Labor markets, Loans, Monetary policy, Public debt

Keywords: COVID-19, Currency of Finland, Employment, Exchange arrangement, Global, Labor markets, Liability positions vis-à-vis nonresident, Loans, Money market rate, Potential GDP, Transparency policy

Publication Details

  • Pages:

    75

  • Volume:

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  • DOI:

    ---

  • Issue:

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  • Series:

    Country Report No. 2022/025

  • Stock No:

    1FINEA2022001

  • ISBN:

    9798400201011

  • ISSN:

    1934-7685