Statistics Explained

Archive:Europe 2020 indicators - Finland

Data extracted in August 2019.

No planned update.


This Statistics Explained article is outdated and has been archived - for recent information on Europe 2020 strategy see here.


Figure 1: Change since 2008 in relation to national targets
Source: Eurostat (see dedicated web section: Europe 2020 headline indicators)
Explanations on this radar chart are available here.

This article is part of a set of statistical articles on Europe 2020 strategy, focusing on the situation in Finland.


Full article

Overview

With 44.2 % of the population aged 30 to 34 having completed tertiary education in 2018, Finland continued to exceed its national target of 42 %. However, its target is defined more narrowly than the EU target because it excludes former tertiary Vocational Education and Training (VET). Despite already meeting its target on early leavers from education and training in 2016, Finland was 0.3 percentage points away from its 2020 target of 8 %. With a share of renewable energy in final energy consumption of 41.0 %, Finland in 2017 exceeded its national 2020 commitment for a fourth consequent year. The country’s primary energy consumption amounted to 31.9 Mtoe in 2017, which was below the national target of 35.9 Mtoe. Despite a notable 9.4 percentage point reduction in GHG emissions in ESD sectors by 2017 compared with the ESD base year, the distance to the national target remained larger than for most other EU countries. As a result of the continuous decrease in R&D expenditure as a share of GDP since 2010, Finland lost its leading position in terms of R&D intensity in 2017 and moved away from its very ambitious national target. Finland’s employment rate has been increasing since 2016, but the distance of 1.7 percentage points to its national target of 78 % remains. The country would also need to lift 124 000 more people out of the risk of poverty and social exclusion to meet its 2020 commitment.

Table 1: National Europe 2020 indicators: most recent data and targets
Source: Eurostat (see dedicated web section: Europe 2020 headline indicators)

Data sources

More information about the origin of the data and the calculation of indicators can be obtained via the Europe 2020 indicators dedicated website.

Under 'Main tables', click on the icons next to the indicators:

  • 'Explanatory texts (metadata)' for a detailed overview of the collection and compilation methods;
  • 'Information on the leaf' for data availability per country.

A more general overview of quality procedures can be found in Implementation of standard reference metadata for indicators - the ESMS Indicator Profile (ESMS-IP) (PDF file).

Context

Europe 2020 is the EU’s agenda for jobs and growth for the current decade. It emphasises smart, sustainable and inclusive growth as a way to strengthen the EU economy and prepare its structure for the challenges of the next decade. As a main objective, the strategy strives to deliver high levels of employment, productivity and social cohesion in the Member States, while reducing the impact on the natural environment.

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