Can Anyone Please Provide Me With Information About Finland And Its Economy?

Helsinki is the Capital City of Finland. It has showed good economic development in the past but due to labours conflicts the activity was slowed down in 2005 which affected the exports of the country. The rate of Gross Domestic Product was dropped drastically in 2005 which was 1.8 percent as compare to previous year's GDP 3.7 percent. Finland is the most competitive country in the world. In all European Union Finland labour cost is fifth lowest one. In the Finland Inflation is reduced in 2005 by 1 percent. There are two main problems of the Finland one is shortage of labour and high unemployment.

There are few natural resources in Finland but the worst thing is the weather of Finland is very tough so crops can not be produced. Breeding is the only agriculture activity. So the country is facing problem in meeting their food demand and they have to import food to serve their people. Large area of Finland is covered by the Forests and woods. Pulp and paper industry of Finland is very advanced and they are being export to other countries. Telecommunication is the one of the finished product which is being exported to other counties. The mobile phones of Finland are very famous.

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