Solid but not bullet-proof

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 February 2022.

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GDP USD271.23bn (World ranking 41, World Bank 2020)
Population 5.53mn (World ranking 115, World Bank 2020)
Form of state Republic
Head of government Sanna Marin (Prime Minister)
Next elections 2023, legislative
  • Strong 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 the housing loans
  • High labor costs
  • Weak demographics

Trade structure by destination/origin

(% of total, 2020)

Exports Rank Imports
Germany 13.5%
1
15.4% Germany
Sweden 10.4%
2
11.0% Sweden
United States of America 8.3%
3
9.7% Russian Federation
Netherlands 6.5%
4
9.0% China
China 5.2%
5
4.6% Netherlands

Trade structure by product

(% of total, 2020)

Exports Rank Imports
Paper and paper manufactures 10.0%
1
9.0% Road vehicles
Specialised machinery 8.0%
2
8.3% Petroleum, petroleum products and related materials
Petroleum, petroleum products and related materials 6.5%
3
6.5% Electrical machinery, apparatus and appliances, n.e.s.
Road vehicles 6.4%
4
5.0% Other industrial machinery and parts
Electrical machinery, apparatus and appliances, n.e.s. 5.5%
5
4.7% Metalliferous ores and metal scrap
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.
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