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    Finnish economy in strong growth: For the first time in 16 years, Finland's current account is strongly in surplus, money is flowing into the country, and exports are growing by 12%
    Finland

    Finnish economy in strong growth: For the first time in 16 years, Finland’s current account is strongly in surplus, money is flowing into the country, and exports are growing by 12%


    Finnish economy in strong growth: For the first time in 16 years, Finland’s current account is strongly in surplus, money is flowing into the country, and exports are growing by 12%

    https://stat.fi/en/publication/cmfm7enqyw7xf07w0r544do9n

    Posted by TinyAd1126

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    21 Comments

    5. bigbjarne on

      Maybe we’ve cut down enough in welfare so it’s more profitable for the owning class to invest?

    7. smaisidoro on

      Not to be the too pessimist here, but when you drop low, the rebound is going to look really good percentage wise. Of course it is an indicator that things may have finally turned around, but in this period any “For the first time in x years / best in X years” headlines are to be taken with a bit of salt

    10. Resident_Draw_8785 on

      Mostly because Germany and the Netherlands invested more R&D in Finland and imported more. In the end that makes a 0.9% in growth.

    15. Fast-Pay7279 on

      Sure it is… like it has been for the past 20 od years by now… sure sure…

      Sure as fuck doesn’t feel like it, yet.

    16. tan_nguyen on

      When you hit rock bottom, there is only one way to go which is up, well at least some good news.

    17. EphemeralPristine on

      “I only believe the statistics that I faked myself. “

      -notChurchill-

    18. BiggusCinnamusRollus on

      How much of this is from orders for Meyer Turku and ice breakers for America?

    19. jellybon on

      Why is OP editorializing by making up titles that grossly overstate what is published on the statistics?

      > The value of goods exports in balance of payments terms grew by 12 per cent year-on-year and was EUR 7.7 billion. The value of goods imports in balance of payments terms grew by 10 per cent year-on-year to EUR 6.8 billion

      That is a hardly what one could describe using words like “strong surplus” or “money is flowing into the country”.

      Also, the surplus in goods is almost completely negated by deficit in services:

      > The service account was EUR 0.7 billion in deficit. The value of service exports fell one per cent year-on-year and was EUR 3.0 billion while the value of service imports grew two per cent year-on-year to EUR 3.7 billion.