Many challenges lie ahead for the small nation of Finland, that has only just emerging from a long recession.

In a statement issued in January this year the Finnish central bank said “An improving employment situation and low inflation will bolster real disposable household income. Exports will recover amid better competitiveness and higher external demand." It went on to note that an ageing population is one of the headwinds for a fuller long term recovery.

Finland’s GDP growth for 2017 is forecasted to 1.3%. Today we look at the many factors that fed into the recession and prospects for recovery.

Many challenges lie ahead for the small nation of Finland, that has only just emerging from a long recession. In a statement issued in January this year the Finnish central bank said &ldquo;An improving employment situation and low inflation will bolster real disposable household income. Exports will recover amid better competitiveness and higher external demand."&nbsp;It went on to note that an ageing population is one of the headwinds for a fuller long term recovery. Finland&rsquo;s GDP growth for 2017 is forecasted to 1.3%. Today we look at the many factors that fed into the recession and prospects for recovery.

Instagram

Sharper and stronger than a double espresso. The Morning Run stretches your mind and braces you for the business day. It's your fast track into work where you can hit the ground running. From 6am to 10am weekdays, the Morning Run brings you the biggest stories and must-listen-to interviews. Stay enlightened, make educated business and investment decisions.

Advertisement