Finnish GDP expected to pick up again


The Finnish GDP in constant prices decreased by 0.6% in 2013, compared to a decline of 0.8% in 2012. Due to the weakening trend in the international economy, Finland’s strong economic growth has slowed down. However, in 2014, the growth rate is expected to pick up again, with a small increase of 0.6%.

Last year, the share of B2C e-commerce was 3.36% of the total Finnish GDP. The Internet economy is expected to grow faster than traditional sectors, partly due to improving consumer confidence and a growing number of e-shoppers. Finland’s main challenge in 2014 will be to stimulate growth in the face of weak demand in EU export markets.

This is all revealed by the latest report on B2C e-commerce in Northern Europe by Ecommerce Europe. Ecommerce Europe is the European umbrella organization for online retailers. Figures in Ecommerce Europe reports are based on the Global Online Measurement Standard for B2C E-commerce (GOMSEC). Ecommerce Europe also published comprehensive Regional Reports on B2C E-commerce in Central Europe, Southern Europe, Eastern Europe and Western Europe. All the reports are powered by GfK, GlobalCollect, Informatica, RichRelevance and Salesupply.

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Full reports are also available: 
European B2C E-commerce Report 2014: €1,950
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