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-Finnish GDP marks 3.1% growth in 2010.

NORDIC BUSINESS REPORT-March 1, 2011--Finnish GDP marks 3.1% growth in 2010(C)2011 M2 COMMUNICATIONS

1 March 2011 - Finland's 2010 gross domestic product (GDP) grew by 3.1% on the year, Statistics Finland said today, giving preliminary figures.

Last year, output was at about the same level as in 2006.

Net national income, or the income earned by the national economy, went up by 2.3% in real terms.

Demand was boosted most by exports and private consumption. The volume of exports grew by 5.1% and that of imports by 2.6%. Private consumption went up by 2.6% and public consumption by 0.4%. Investments grew by 0.8%.

Households' real income grew by 2.9% on average. Wage and salary income went up by 1.9%, social security benefits by 4.1%, and property and entrepreneurial income by 6.2%.

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Title Annotation:gross domestic product
Publication:Nordic Business Report
Article Type:Brief article
Geographic Code:4EUFI
Date:Mar 1, 2011
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