Finland’s GDP is expected to grow at a strong pace of 3.3% in 2017, faster than the EU and euro area on average, supported by a strong increase in investment, robust private consumption and net exports. The economy’s growth prospects contribute to an improved outlook for public finances. The general government balance – still in deficit – is moving towards equilibrium, while the debt-to-GDP ratio is projected to decline. The structural balance, however, is set to worsen.
|GDP growth (%, yoy)||1,9||3,3||2,7||2,4|
|Inflation (%, yoy)||0,4||0,9||1,3||1,7|
|Public budget balance (% of GDP)||-1,7||-1,4||-1,2||-0,8|
|Gross public debt (% of GDP)||63,1||62,7||62,1||61,6|
|Current account balance (% of GDP)||-1,4||-1,1||-0,3||0,4|