1 EMPLOYMENT RATE 1980-2003 Employed/Working age population (15-64 years 80 % Finland (Com 75 70 65 60 EU-15 Finland (Stat. Fin. 55 50 80 82 84 86 88 90 92 94 96 98 00 02 9.9.2002/SAK /TL Source: European Commission; Employment in Europe 2002 Statistics Finland
2 EMPLOYMENT RATE IN EU-COUNTRIES 2001 Employed/Working age population (15-64 years EU-15 Denmark Netherlands Great Britain Sweden Finland Portugal Austria Germany Ireland Luxembourg France Belgium Spain Greece Italy 0 10 20 30 40 50 60 70 80 % 9.9.2002/SAK /TL Source: Eurostat; Labour Force Survey
3 EMPLOYMENT RATE IN EU-CANDIDATE COUNTRIES 2001 Employed/Working age population (15-64 years EU-15 EU-cc Cyprus Czech Republic Romania Slovenia Estonia Latvia Lithuania Slovakia Hungary Poland Bulgaria 0 10 20 30 40 50 60 70 80 % 2.9.2002/SAK /TL Source: Eurostat; Labour Force Survey
4 UNEMPLOYMENT RATE 1980-2003 20 % 20 15 15 10 10 5 Finland EU-15 5 0 80 82 84 86 88 90 92 94 96 98 0 02** 0 17.9.2002/SAK /TL Source: OECD Ministry of Finance
5 UNEMPLOYMENT RATE IN EU-COUNTRIES 2001 EU-15 Spain Finland Greece Italy France Germany Belgium Sweden Great Britain Denmark Austria Portugal Ireland Netherlands Luxembourg 0 2 4 6 8 10 12 % 2.9.2002/SAK /TL Source: Eurostat; Labour Force Survey
6 UNEMPLOYMENT RATE IN EU-CANDIDATE COUNTRIES 2001 EU-15 EU-cc Bulgaria Slovakia Poland Lithuania Latvia Estonia Czech republic Romania Slovenia Hungary Cyprus 0 5 10 15 20 25 % 2.9.2002/SAK /TL Lähde: Eurostat; Labour Force Survey
7 LONG-TERM UNEMPLOYED 1991-2002:8 160000 Pers. 140000 120000 100000 80000 60000 40000 20000 0 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 91 92 93 94 95 96 97 98 99 00 01 02 26.9.2002/SAK /TL Source: Ministry of Labour
8 DIFFERENT TYPES OF EMPLOYEE RELATIONSHIPS August 2002 Permanent full-time job 738% 74% 149% 40% Fixed-term part-time job Fixed-term full-time job 26.9.2002/SAK /TL Permanent part-time job New employment contracts (Signed during previous 12 months Permanent full-time job 325 % Permanent part-time job 62 % Fixed-term full-time job 476 % 675 % Fixed-term part-time job 137 % Source: Statistics Finland
9 USUAL HOURS WORKED PER WEEK 2001 Employees working full time EU-15 Great Britain Grece Spain Portugal Austria Sweden Germany Ireland Luxembourg Finland Belgium Denmark Netherlands Italy France 401 435 411 406 402 401 40 399 397 393 393 392 392 39 385 383 0 10 20 30 40 50 2.9.2002/SAK /TL Hours/week Source: Eurostat; Labour Force Survey
10 PART-TIME EMPLOYMENT IN EU-COUNTRIES 2001 EU-15 Netherlands Great Britain Sweden Germany Denmark Belgium Austria Ireland France Finland Luxembourg Portugal Italy Spain Greece 0 10 20 30 40 % of total employment 2.9.2002/SAK /TL Source: Eurostat; Labour Force Survey
11 FIXED TERM CONTRACTS IN EU-COUNTRIES 2001 EU-15 Spain Portugal Finland France Sweden Netherlands Greece Germany Italy Denmark Belgium Austria Great Britain Ireland 0 5 10 15 20 25 30 35 % of total employment 2.9.2002/SAK /TL Source: Eurostat; Labour Force Survey
12 GROSS DOMESTIC PRODUCT 1980-2003 8 Change in volume % 6 4 2 0-2 -4-6 Finland EU-15-8 80 82 84 86 88 90 92 94 96 98 00 02** 16.9.2002/SAK /TL Source: Statistics Finland (Astika OECD Ministry of Finance
13 LABOUR PRODUCTIVITY 1990-2003 15 10 5 0 % -5-10 Whole economy Manufacturing Construction -15 90 91 92 93 94 95 96 97 98 99 00 01* 02** 03** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
14 GROSS DOMESTIC PRODUCT IN EU-COUNTRIES 2002** EU-15 Greece Ireland Luxembourg Spain Great Britain Sweden Denmark France Finland Portugal Netherlands Italy Austria Belgium Germany 0 1 2 3 4 5 6 % 29.8.2002/SAK /TL Source: Eurostat
15 GROSS DOMESTIC PRODUCT IN EU-CANDIDATE COUNTRIES 2002** EU-15 Latvia Romania Bulgaria Lithuania Estonia Malta Slovakia Hungary Czech republic Slovenia Cyprus Turkey Poland 0 1 2 3 4 5 6 % 9.4.2002/SAK /TL Source: European Commission
16 CONSUMPTION 1980-2003 6 Change in volume % 4 2 0-2 -4 Private Public -6 80 82 84 86 88 90 92 94 96 98 00 02** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
17 INVESTMENTS 1980-2003 Change in volyme % 20 10 0-10 -20 Private Public -30 80 82 84 86 88 90 92 94 96 98 00 02** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
18 RATIO OF INVESTMENTS TO GDP 1975-2003 35 % 30 25 20 15 10 5 75 77 79 81 83 85 87 89 91 93 95 97 99 01* 03** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
19 IMPORTS AND EXPORTS OF GOODS AND SERVICES 1980-2003 25 Change in volyme % 20 15 10 5 0-5 -10 Exports Imports -15 80 82 84 86 88 90 92 94 96 98 00 02** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
20 CURRENT ACCOUNT 1980-2003 Relative to GDP 8 % 6 4 2 0-2 -4 Finland EU-15-6 80 82 84 86 88 90 92 94 96 98 00 02** 17.9.2002 /SAK /TL Source: Statistics Finland Ministry of Finance OECD
21 EMPLOYEES NOMINAL AND REAL EARNINGS AND HOUSEHOLDS' REAL DISPOSABLE INCOME 1980-2003 15 10 5 0 Muutos % Nominal earnings * Real earnings Households real disposable income * * * * * * * * * * * * * * * * * * * * * * * * -5-10 80 82 84 86 88 90 92 94 96 98 00 02** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
22 LABOUR INCOME AS A PERCENTAGE OF NATIONAL INCOME 1980-2003 80 75 70 65 60 Wages and social contributions 55 50 80 82 84 86 88 90 92 94 96 98 00 02** 26.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
23 EMPLOYEES REAL DISPOSABLE INCOME 1980-2002 Change from previous year 10 % 8 6 4 2 0-2 -4-6 -8-10 80 82 84 86 88 90 92 94 96 98 00** 02** 2.9.2002/SAK /TL Source: Incomes Policy Commission
24 WAGES IN MANUFACTURING 2001 Production workers Denmark Norway Switzerland Germany Japan USA Finland Netherlands Belgium Austria Great Britain Sweden Ireland France Italy Greece Czech Republic1 1 Include all employees 12.6.2002/SAK /TL 0 5 10 15 20 25 Euro/h Pay for time worked Pay for time not worked Source: SAF U.S. Department of Labor (BLS Bank of Finland
25 LABOUR COSTS IN MANUFACTURING 2001 Production workers Germany Norway Switzerland Belgium USA Denmark Finland Austria Japan Netherlands Sweden France Great Britain Italy Ireland Spain Greece Portugal Czech Republic1 Estonia2 0 5 10 15 20 25 30 Euro/h Wages Other labour costs 1 Include all employees 12.6.2002/SAK /TL Source: SAF U.S. Department of Labor (BLS Bank of Finland
26 TAX RATE 1980-2003 50 % OF GDP 45 40 35 30 80 82 84 86 88 90 92 94 96 98 00 02** 26.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
27 MANUFACTURING PRODUCTION 1980-2003 15 Annual change % 10 5 0-5 -10 80 82 84 86 88 90 92 94 96 98 00 02** 17.9.2002 /SAK / TL Source: Statistics Finland Ministry of Finance
28 MANUFACTURING PRODUCTION 1990-2002:7 (Trend 120 Ind. 2000 = 100 110 100 90 80 70 60 50 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 90 91 92 93 94 95 96 97 98 99 00 01 02 2.9.2002 /SAK / TL Source: Statistics Finland
29 PRICE COMPETITIVENESS OF MANUFACTURING INDUSTRY IN WESTERN MARKETS 1970-2002 OECD/Finland 100 = 1970-1999 160 140 120 100 80 Whole manufacturing Excluding electrial equipment 60 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 17.9.2002/SAK /TL Source: Ministry of Finance
CONSUMER PRICES IN FINLAND AND EU-COUNTRIES 1980-2003 14 Change % 12 10 8 Finland EU-15 6 4 2 0 80 82 84 86 88 90 92 94 96 98 00 02** 17.9.2002/SAK /TL Source: Statistics Finland Eurostat Ministry of Finance
31 CONSUMER PRICES IN FINLAND AND EU-COUNTRIES 1992-2002:7 5 Change % Finland EU-countries 4 Finland EU-stand. 3 2 1 0 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 92 93 94 95 96 97 98 99 00 01 02 3.9.2002 /SAK /TL Source: Statistics Finland Eurostat Ministry of Finance
32 CONSUMER PRICES IN EU-COUNTRIES 2002 EU-15 Ireland Netherlands Greece Portugal Spain Denmark Italy Austria Great Britain Luxembourg Sweden Finland Belgia Germany France 0 1 2 3 4 5 Annual change % 4.9.2002 /SAK /TL Source: Eurostat
33 CONSUMER PRICES IN EU-CANDIDATE COUNTRIES 2001** EU-15 Romania Slovenia Poland Slovakia Hungary Bulgaria Estonia Latvia Lithuania Czech republic 0 5 10 15 20 25 Annual change % 10.9.2001 /SAK /TL Source: Eurostat
34 INTEREST RATES IN FINLAND 1992:1-2002:7 18 % 16 Euribor 3-months 1 Finnish government bonds 10-year 14 12 10 8 6 4 2 0 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 92 93 94 95 96 97 98 99 00 01 02 1 1992-98 Helibor 9.9.2002/SAK /TL Source: Bank of Finland
35 REAL AVERAGE LENDING RATE FOR HOUSING LOANS 1992:1-2002:6 14 % 12 10 8 6 4 2 0 Nominal Real 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 92 93 94 95 96 97 98 99 00 01 02 9.9.2002 /SAK /TL Source: Bank of Finland
36 HELSINKI STOCK INDEX (HEX 1992:1-2002:7 18 000 28.12.1990=1000 16 000 14 000 12 000 10 000 8 000 6 000 4 000 2 000 0 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 92 93 94 95 96 97 98 99 00 01 02 9.9.2002/SAK /TL Source: Statistics Finland Bank of Finland
37 CENTRAL GOVERNMENT REVENUES AND EXPENDITURES 1991-2002:7 Before financial transactions 12-month moving sum 45 Billion 40 35 30 25 20 15 Revenue Expenditure 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 91 92 93 94 95 96 97 98 99 00 01 02 17.9.2002/SAK /TL Source: Bank of Finland
38 CENTRAL GOVERNMENT NET LENDING 1980-2003 4 % of GDP 2 0-2 -4-6 -8-10 -12 80 82 84 86 88 90 92 94 96 98 00 02** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
39 CENTRAL GOVERNMENT DEBT 1980-2003 80 % of GDP 60 40 20 0 80 82 84 86 88 90 92 94 96 98 00 02** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
40 GENERAL GOVERNMENT EXPENDITURE 1985-2003 65 % of GDP 60 55 50 45 40 35 85 87 89 91 93 95 97 99 01* 03** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
41 GENERAL GOVERNMENT NET LENDING (EMU 1985-2003 8 % of GDP 6 4 2 0-2 -4-6 Finland EU-15-8 85 87 89 91 93 95 97 99 01* 03** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
42 GENERAL GOVERNMENT NET LENDING (EMU IN EU-COUNTRIES 2002 EU-15 Finland Denmark Luxembourg Sweden Ireland Greece Netherlands Austria Belgium Spain Great Britain Italy France Portugal Germany -3-2 -1 0 1 2 3 4 % of GDP 17.9.2002/SAK /TL Source: Eurostat
43 GOVERNMENT GROSS DEBT (EMU 1985-2003 70 % of GDP 60 50 40 30 20 10 0 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01*02**03** 17.9.2002/SAK /TL Source: Statistics Finland Ministry of Finance
44 GOVERNMENT GROSS DEPT (EMU IN EU-COUNTRIES 2002 EU-15 Italy Belgium Grece Germany Austria France Portugal Spain Sweden Netherlands Denmark Finland Great Britain Ireland Luxembourg 0 20 40 60 80 100 120 % of GDP 17.9.2002/SAK /TL Source: Eurostat