Finland | We expect a strong rebound in Q2
Following a mild contraction in Q1, the Finnish economy is now in the early
stages of a broad-based recovery. Most national restrictions have been eased, reflecting a fall in Covid cases, and 75% of the adult population having received at least one vaccine dose, among the highest in the EU. Our forecast for growth this year is unchanged at 2.5%, before a slowdown to 2.1% in 2022.
What you will learn:
- In the near term, mobility data indicate a strong consumer-led rebound in Q2
- We have kept our forecast for household consumption largely unchanged
- Exports will need to make a greater contribution to the recovery as consumer spending slows in late-2021 and into 2022
Tags:
Related Services

Post
Employment nowcast suggests limited impact from NICs rise
Our sentiment data-based nowcast, developed with Penta, suggests UK employment growth has continued to slow in recent months.
Find Out More
Post
No shocks from 2025/26 Victorian Budget in Australia
The 2025/26 Victorian Budget offers little to change the near-term outlook for construction activity, as high debt levels constrain the state’s ability to fund new projects.
Find Out More