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The foreign content of Finland’s exports is 10
percentage points higher than previously estimated
Services industries as a whole now outweigh manufacturing
industries in terms of their share in value-added exports
Note: Manufacturing includes industries 10-33 and services includes industries 41-98.
Jobs sustained by services exports accelerated
Note: Private sector only. Manufacturing includes industries from 10-33, and services
sector includes 34-98.
Two-way traders pay significantly higher salaries than the
average firm, while occasional traders consistently pay lower
There are signs that pay disparities may be
increasing, regardless of firm types
Women work disproportionately in lower-wage industries, with only
indirect links to GVCs, which translates into gender pay-gaps
Covid-19 affects proportionally more independent micro firms (less
than 10 employees) and low-skilled workers in these firms

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Globalisation in Finland: Granular insights into the impact on businesses and employment

  • 1. The foreign content of Finland’s exports is 10 percentage points higher than previously estimated
  • 2. Services industries as a whole now outweigh manufacturing industries in terms of their share in value-added exports Note: Manufacturing includes industries 10-33 and services includes industries 41-98.
  • 3. Jobs sustained by services exports accelerated Note: Private sector only. Manufacturing includes industries from 10-33, and services sector includes 34-98.
  • 4. Two-way traders pay significantly higher salaries than the average firm, while occasional traders consistently pay lower
  • 5. There are signs that pay disparities may be increasing, regardless of firm types
  • 6. Women work disproportionately in lower-wage industries, with only indirect links to GVCs, which translates into gender pay-gaps
  • 7. Covid-19 affects proportionally more independent micro firms (less than 10 employees) and low-skilled workers in these firms