JAMK Centre For Competitiveness

enhanching competitiveness and prosperity

Tag Archives: international trade

Finland ranked as the 3rd competitive economy in the world – how about Central Finland?

By Hanna-Maija Kiviranta


Hanna-Maija Kiviranta

We are doing excellent! Finland moved up one place in World Economic Forum’s Global Competitiveness report reaching the 3rd position in the list of the top 10 competitive economies in the world.

According to the World Economic Forum’s Global Competitiveness Report 2012-2013, Finnish economy has had small improvements in a number of areas. Finland occupies the top position both in the health and primary education as well as in the higher education and training thanks to strong focus on education over recent decades. This has provided the workforce with the skills needed to adapt rapidly to a changing environment and has laid the groundwork for high levels of technological adoption and innovation.

We are one of the most innovative countries in Europe, ranking 2nd, behind only Switzerland. Improving our capacity to adopt the latest technologies (ranked 25th) could lead to important synergies that in turn could corroborate Finland’s position as one of the world’s most innovative economies. (Source: The World Economic Forum’s Global Competitiveness Report 2012-2013)

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