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Would you invest in this country?
Over the last few years, abovethearctic has uncovered a number of facts about Finland that help justify the country as a sound investment. Below are a few of our favourites:
General Statistics
• Favourite European country
as voted by the The Observer newspaper's travel comparison
1. Finland
2. Norway
3. Iceland
4. Sweden
5. Switzerland
• Finland has been an:
- EU member since early 1995
- EEA member since 1994
- And was one of the founding members of the Economic and Monetary Union (EMU)
• 2.5 percent increase in British visits to finland in 2005
• Visitors from the UK spent a total of
463,578
nights in Finnish accommodation facilities in 2009
• Finland experienced an increase in overseas visitors by 15% during 2006 first quarter
• For several consecutive years, Finland has been ranked the least corrupt country in the world
• Finland is next door to one of the world's largest economic giants, with whom she stands out as the only example of Russian policy success
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Economy
• Finland is the sixth most attractive country in the world for foreign investment
• Finland is the 10th richest country in the world, per capita
• In 2004, Finnish consumer prices rose the least and interest rates were the lowest in the world. In 2005, consumer prices only rose by 1.2 per cent
• Finland ranks as the most competitive county in the world
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Business
• Finland is home to Europe's biggest company, Nokia
• Finland leads the world in the use of IT
• Finland ranks third in the world (after USA and Sweden) for technological readiness (judged on companies spending on Research & Development, the creativity of its scientific community,and personal computer and internet penetration rates)
• Finland is one of the most efficient countries for business (rated 6th out of 51 counties)
• Finland is well known for their ease of doing business
• Finland ranks 2nd after the USA for innovation by country
• Finland's infrastructure is ranked 3rd after USA and Switzerland. This is based on the extent to which basic technological, scientific and human resources meet the needs of businesses
• The Finns are the fastest bill payers in the world
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Lifestyle
• At the end of 2003, Finland was home to a total of 2.6million dwellings, of which every second dwelling came complete with a sauna
• Finland has won the most summer Olympic gold medals per capita, than any other country
• According to the OECD, 15 year old Finns have the best literary skills in the world
• They have the highest standards of education in Europe
• Finland has the cleanest water in the world.
• Finland is the world leader in management of water resources.
• Finland has some of the lowest crime rates in the world
• Finland is in the top ten for happy inhabitants
• 54 per cent of Finns agree that people can be trusted
• Finns consume 12kg of coffee per person, per year, most in the world
• Finland has only 82 McDonalds, compared with more than 1,250 in the UK
• In Finland you only need to work 24 minutes to purchase one kilo of fish, compared with 55 minutes in the UK
• Only 4.4% of Finns experienced some form of property crime in 2002
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Sources
Transparency International
World Investment Report 2002
UNWTO
Statistical yearbook of Finland, 2005
World economic forum - Global Competitiveness Report 2004-2005
IMD International, 2005
CIA World Factbook
IMD International
World Database of Happiness, Happiness in Nations, Rank Report 2004/1
'World Values Survey
OECD
Doing business, economic ranking 2005
Global Market Database 2002
McDonalds
World Bank Statistics, 2004
The Golden Book of Olympic Games
International Metalworkers' Federation, The Purchasing Power of Working Time 2002
UNICRI (United Nations Interregional Crime and Justice Research Institute). 2002.
Global Information Technology Report 2002-2003
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