From hibernation to rebound
AA1
LOW RISK for entreprise
-
Economic risk
-
Business environment risk
-
Political risk
-
Commercial risk
-
Financing risk
-
Economic risk
-
Business environment risk
-
Political risk
-
Commercial risk
-
Financing risk
Last updated in July 2023.
Swipe to view more
GDP | USD299.16bn (World ranking 44, World Bank 2021) |
Population | 5.54mn (World ranking 115, World Bank 2021) |
Form of state | Republic |
Head of government | Sanna Marin (Prime Minister) |
Next elections | 2023, legislative |

- Attractive business environment
- High R&D spending
- Low fiscal deficit
- Contained public debt
- Improving competitiveness
- High-skilled workforce
- Robust welfare state

- Exposure to Russia still high
- Rapidly deteriorating current account balance
- High private debt, notably linked to housing loans
- High labor costs
- Weak demographics
Trade structure by destination/origin
(% of total, 2021)
Exports | Rank | Imports |
---|---|---|
Germany
13.2%
![]() |
1 |
![]() |
Sweden
10.2%
![]() |
2 |
![]() |
United States of America
6.6%
![]() |
3 |
![]() |
Netherlands
6.1%
![]() |
4 |
![]() |
Russian Federation
5.4%
![]() |
5 |
![]() |
Trade structure by product
(% of total, 2021)
Exports | Rank | Imports |
---|---|---|
Paper and paper manufactures
9.4%
|
1 |
8.8%
Petroleum, petroleum products and related materials
|
Specialised machinery
7.4%
|
2 |
8.7%
Road vehicles
|
Road vehicles
6.1%
|
3 |
6.7%
Electrical machinery, apparatus and appliances, n.e.s.
|
Iron and steel
6.0%
|
4 |
5.8%
Metalliferous ores and metal scrap
|
Petroleum, petroleum products and related materials
6.0%
|
5 |
4.7%
Other industrial machinery and parts
|
Collection Complexity
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
Contact
Read our latest reports
-
Americas
-
Europe
-
Asia Pacific
-
Middle East
-
Africa