Output and exports are growing strongly
Income redistribution lowers inequality
Work does not always pay
Real GDP growth is gathering momentum
GDP per capita and employment rate are below the other Nordics
GDP per capita gaps reflect both productivity and labour utilisation differences
Unemployment remains high
Main export sectors and destinations
Productivity needs a boost
Finns enjoy a high quality of life
Income inequality is low and stable
Gender inequalities persist
Environmental performance is strong
The banking system shows some vulnerabilities (2017 Q3 or latest)
Household debt is moderate and housing prices are broadly stable
The government deficit persists but debt is contained
Health reform and higher employment would help stabilise debt
Ageing is increasingly weighing on public finances
The tax burden is among the highest in the OECD
Social spending is not as high in international comparison when private social spending and taxation of benefit income are taken into account
Tax revenue from recurrent taxes on immovable property is still relatively low
VAT rates are high but efficiency is slightly below average
Corporate tax rate and revenue are low
Corporate tax revenue has so far held up relatively well despite sharp tax rate cuts
The labour market has been hard hit by crises
Compared to other Nordics, employment is low across gender and age
The tax wedge on labour remains high
The world of work is changing
A basic income would alter the income distribution
Net income and work incentives in the current system
Exit rates spike immediately before unemployment benefit expiry
Reforms to child-related fees and benefits would improve work incentives for second earners
Shortening the unemployment tunnel increases employment substantially
Rising unemployment and budget cuts have put the employment service under strain
The government deficit is modest but debt has risen markedly
Government revenue has failed to keep up with spending over the past decade
Government gross debt remains relatively low and assets are large
Redistribution lowers income inequality
The combined top marginal rate of personal income tax and employee social security contributions is high
The earnings premium from tertiary education is higher than in the other Nordics
Environmentally related tax revenue is high compared to other OECD countries
Diesel is lightly taxed compared to gasoline
Employment is low compared to other Nordics across gender and age
High unemployment traps and inactivity traps in Finland
Net income and work incentives in the current benefit system
Existing cash support is targeted towards the poor in Finland
Net income and work incentives in the basic income scenario
Net income and work incentives in the universal credit scenario
A basic income would reduce incomes in the bottom of the distribution
A basic income scenario would alter the income distribution
Net household income in the different scenarios
Employment rate by skills and age
Improving incentives for second earners