
Economy
Finland is a wealthy, highly industrialized Nordic economy combining a competitive private sector with an extensive welfare state, consistently ranking high in education, innovation, and quality of life.
An EU and eurozone member, Finland relies on exports and has reoriented trade and security westward — joining NATO in 2023 — after Russia's invasion of Ukraine disrupted its formerly significant eastern trade.
The economy is built on forestry and paper, machinery and metals, electronics and telecommunications (the home of Nokia), shipbuilding, and a strong technology and gaming sector.