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Economic

Finland's economic performance overshadowed by rising energy prices

Finland's growth forecast has been downgraded due to an energy shock linked to the war in Iran, with higher inflation and subdued growth expected.

The Bank of Finland's interim forecast indicates that Finland's economy will grow more slowly than previously estimated between 2026 and 2028, primarily due to rising energy prices caused by the war in Iran. GDP growth is projected to be 0.6% in 2026, rising to 1.4% in 2027 and 1.5% in 2028. The energy shock is expected to drive up inflation, which is projected to rise to 1.9% in 2026 before moderating in subsequent years. The outlook remains uncertain due to ongoing geopolitical tensions in Iran and Ukraine, as well as changes in US tariff policy.
Status
active
Location
Finland
Date added
2026-03-24 13:25 UTC
Last updated
2026-03-24 13:25 UTC
Source
https://yle.fi
Connected threats
  • Not Available

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