Finland

#14 in Overall RankingsNo Change in Rank from 2019
Credit

(Getty Images)

Overview of Finland

Capital
Helsinki
Region
Europe
GDP Per Capita, PPP
$46,596
GDP
$274.0 billion
Population
5,518,050
Area
338,145 SQ.KM

Overview of Finland

Geography defines the history and culture of Nordic Finland, one of the most northern-reaching countries in the world. Bordered by Norway, Sweden, Russia, the Baltic Sea and the Gulf of Bothnia, Finland and its vast stretches of heavily forested open land acts as a northern gate between West and East.

Finland is a bilingual country – Finnish and Swedish are both official languages.

Sweden and Russia alternatively ruled Finland from the late 12th to early 20th centuries. The country declared independence following the Russian Revolution and in 2017, Finland celebrated 100 years of independence. Finnish culture played an essential role in establishing national identity. The “Kalevala,” a 19th century collection of poems compiled from folk songs ballads, is viewed as helping solidify the Finnish spirit.

Finland, which functions today as a parliamentary democracy, is an international leader in providing education, and it ranks high for its performances in civil rights, press freedom and quality of life. The country was one of the first in the world to grant women the right to vote and was the first country to legalize universal suffrage, the right to both vote and run for office.

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The country’s economy is primarily geared toward free-market capitalism that, like its Nordic neighbors, diverts substantial spending to social safety nets and public services. Historically, the country’s workforce has been tied to the land, however, following World War II the country moved to rapidly industrialize. Today, Finland’s economy reflects its engagement with the world community; one-third of the country’s GDP comes from international trade.

In recent years, however, a downturn in demand for its exports caused a recession that it is just emerging from. The country faces other challenges, notably an aging population and the question of how to maintain its welfare state model.

Finland is a member of major international organizations, such as the United Nations, World Bank and European Union, as well as regional organizations such as the Nordic Council.

Finland Rankings

#14

Overall Rank
CategoryRankScore
No Change in Rank from 2019
79.9
Read our methodology to see how the scores and rankings were calculated.
Rankings
Adventure40.5#27
Citizenship92.9#6
Cultural Influence33.4#26
Entrepreneurship66.4#16
Heritage20.1#43
Movers34.7#32
Open for Business77.9#9
Power7.9#35
Quality of Life83.4#9

#14

Overall Rank
No Change in Rank from 2019
79.9
Read our methodology to see how the scores and rankings were calculated.
CategoryRankScore
Rankings
Adventure40.5#27
Citizenship92.9#6
Cultural Influence33.4#26
Entrepreneurship66.4#16
Heritage20.1#43
Movers34.7#32
Open for Business77.9#9
Power7.9#35
Quality of Life83.4#9
#27
Ranking
40.5
Score

Attributes

  • 32.2Fun
  • 80.6Scenic
  • 13.7Pleasant climate
  • 73.5Friendly
  • 7.8Sexy
#6
Ranking
92.9
Score

Attributes

  • 81.1Respects property rights
  • 73.1Progressive
  • 89.9Trustworthy
  • 93.5Gender equality
  • 84.3Well-distributed political power
  • 100.0Cares about the environment
  • 95.8Cares about human rights
  • 87.6Religious freedom
#26
Ranking
33.4
Score

Attributes

  • 40.0Prestigious
  • 3.3Culturally significant in terms of entertainment
  • 14.6Fashionable
  • 17.6Trendy
  • 77.7Modern
  • 9.3Has an influential culture
  • 87.7Happy
#16
Ranking
66.4
Score

Attributes

  • 33.3Provides easy access to capital
  • 82.2Well-developed infrastructure
  • 74.4Transparent business practices
  • 93.9Educated population
  • 62.5Skilled labor force
  • 35.0Entrepreneurial
  • 56.9Connected to the rest of the world
  • 51.4Innovative
  • 38.7Technological expertise
  • 80.8Well-developed legal framework
#43
Ranking
20.1
Score

Attributes

  • 55.6Culturally accessible
  • 13.1Many cultural attractions
  • 12.8Has a rich history
  • 1.1Has great food
#32
Ranking
34.7
Score

Attributes

  • 36.0Distinctive
  • 27.0Different
  • 35.9Unique
  • 34.1Dynamic
#9
Ranking
77.9
Score

Attributes

  • 0.1Corrupt
  • 16.4Favorable tax environment
  • 0.9Bureaucratic
  • 94.5Transparent government practices
  • 0.6Cheap manufacturing costs
#35
Ranking
7.9
Score

Attributes

  • 0.9Strong military
  • 18.9Strong international alliances
  • 12.5Economically influential
  • 3.9Politically influential
  • 5.6A leader
#9
Ranking
83.4
Score

Attributes

  • 85.0Economically stable
  • 48.3A good job market
  • 1.3Affordable
  • 93.6Safe
  • 84.1Politically stable
  • 86.8Family friendly
  • 77.3Well-developed public education system
  • 91.9Well-developed public health system
  • 81.4Income equality

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Finland in Photos

Woman looking at lake view on high cliff in National Park in Finnish Lapland

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Best Countries

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Best Countries is a rankings, news and analysis project created to capture how countries are perceived on a global scale. The rankings evaluate 73 countries across 24 rankings drawn from a survey of more than 20,000 global citizens, measuring 75 dimensions that have the potential to drive trade, travel and investment and directly affect national economies.