Finland the most competitive economy in Europe

Finland has been ranked as Europe’s most competitive country by Word Economic Forum’s The Europe 2020 Competitiveness Index.

Finland ranks first by a large focus on education and training which 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. 

Finland has a well-functioning labour market and relatively strong labour market participation, as well as strong social inclusion based on low inequality in the country, providing social services and the opportunity for its citizens to improve their economic status independent of their socio-economic background.

The Europe 2020 Competitiveness Report (Link to another website.) (Opens New Window)