How wealthy is Finland?

$10.51 billion (31 December 2017 est.) All values, unless otherwise stated, are in US dollars. The economy of Finland is a highly industrialised, mixed economy with a per capita output similar to that of other western European economies such as France, Germany and the United Kingdom.

Is Finland a wealthy country?

Finland is the third most prosperous country in the world. … Finnish banks are the soundest in the world. World Economic Forum, The Global Competitiveness Report 2018: Soundness of banks. Finland’s pension system is the third best in the world.

What is Finland’s average income?

In 2020, the average monthly earnings in Finland amounted to 3,594 euros. The average earnings in the central government sector reached 4,036 euros per month, while the corresponding figure in the private sector was 3,681 euros per month.

Is Finland expensive to live in?

In Finland, you will need between 700 – 900 EUR/month, depending on the area in which you will live. Helsinki is the most expensive city, while Laaperanta, Pori and Tampere are known as the most affordable student cities. Check the average budget you need for the large cities in Finland (including accommodation costs):

Is Finland safe to live?

Safety and security living in Finland

Finland is regarded as one of the safest countries in the world. In 2017 the World Economic Forum report rated living in Finland as the number one safest place to be globally.

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Why is Finland’s unemployment so high?

The high unemployment rate is not only the result of the economic recession; the large number of students searching for part-time employment in Finland contributes to this relatively high youth unemployment rate, as in other Nordic countries.

What is good salary in Finland?

“The top 10% earn $5,713 per month,” says Thuren, while “the most common salary in Finland is $2,884 per month.” As a marketing specialist, a $75,000 salary is “quite possible,” she adds. “It’s possible, even, to earn more. You can always aim higher.”

What is a good salary in Finland?

A person working in Finland typically earns around 4,690 EUR per month. Salaries range from 1,190 EUR (lowest average) to 20,900 EUR (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

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