Finland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland
January 31, 2022
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
Pages:
75
Volume:
2022
DOI:
Issue:
025
Series:
Country Report No. 2022/025
Stock No:
1FINEA2022001
ISBN:
9798400201011
ISSN:
1934-7685





