Finland’s economy on track to be the “worst performer in the euro area this year”

Finland’s economy is projected to be the worst-performing in the eurozone for 2024, marking the second consecutive year of contraction. ETLA Economic Research predicts a GDP decline of 0.2% for the year, closely following a 1.2% drop in 2023. The economic downturn has been exacerbated by weak domestic demand, high interest rates, and sluggish export growth, leaving the nation grappling with structural challenges.