Meanwhile in Sweden... the economy expands
While the Finnish Economy continues to struggle finding growth, the financial engine of Sweden keeps on ticking at a good pace. The economy of this neighbouring Nordic wellfare state, just across the Baltic Sea, has grown for multiple consecutive quarters. During the same time the Finnish equivalent has been shrinking or stagnating.
Despite the claims of a highly competitive economy and consistently scoring above the western neighbour in studies, the Finnish economy pales in comparison to the recent numbers from Sweden:
Sweden’s GDP increased by 1.0 percent in the second quarter of 2015, seasonally adjusted and compared with the first quarter. GDP increased 3.0 percent, working-day adjusted and compared with the second quarter of 2014.
Read more from the Statics Sweden release from July 30th 2015