Accessible summary : The economic boom is over

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Title: Accessible summary : The economic boom is over
Organization: Bank of Finland
Series: Bank of Finland. Bulletin
Series volume: 94
Series number: 5/2019
Year of publication: 2020
Publication date: 17.1.2020
Pages: 4
Subject (yso): ennusteet; talouskasvu; taloudelliset ennusteet
Keywords: Suomi; Suomen talous; yhteenveto; taloudelliset katsaukset
Other keywords: summary; growth; forecast; Finnish economy
Abstract: Economic growth has slowed in the euro area and in Finland’s other important export markets. As a consequence of the weaker trend in the international economy, Finland’s annual economic growth will slow temporarily in 2020 to under 1%. Both the euro area and the global economy will, however, begin to gradually recover and provide a pull for the Finnish economy, too. Finland’s GDP growth will therefore pick up a little, to 1.1% in 2021 and 1.3% in 2022.

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