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Macro - Country Economic Forecasts - Finland

Publisher Oxford Economics
Published Mar 17, 2025
Length 8 Pages
SKU # OFE19929288

Description

Historical revisions to growth in 2023 and 2024 have mechanically lowered our forecast for this year to 0.9%, although we've kept the level of GDP unchanged. We still expect a domestic demand-led pick-up in activity, with the key downside risk being an escalation in US-EU trade tensions. We also expect a small increase in defence spending from the current 2%, but that will not have a notable impact on growth. We leave growth in 2026 unchanged at 1.3%.

Table of Contents

8 Pages
Finland: Historical revisions pull down growth in 2025
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics
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