Finland

Wikipedia Country Information

Finland (; Finnish: Suomi [suomi]; Swedish: Finland [ˈfɪnland]), officially the Republic of Finland, is a sovereign state in Northern Europe. A peninsula with the Gulf of Finland to the south and the Gulf of Bothnia to the west, the country has land borders with Sweden to the northwest, Norway to the north, and Russia to the east. Estonia is south of the country across the Gulf of Finland. Finland is a Nordic country situated in the geographical region of Fennoscandia, which also includes Scandinavia. Finland's population is 5.5 million (2014), and the majority of the population is concentrated in the southern region. 88.7% of the population is Finnish which speaks Finnish, a Uralic language unrelated to the Scandinavian languages; the second major group are the Finland-Swedes (5.3%). In terms of area, it is the eighth largest country in Europe and the most sparsely populated country in the European Union. Finland is a parliamentary republic with a central government based in the capital Helsinki, local governments in 311 municipalities, and an autonomous region, the Åland Islands. Over 1.4 million people live in the Greater Helsinki metropolitan area, which produces a third of the country's GDP.
Finland was inhabited when the last ice age ended, approximately 9000 BCE. The first settlers left behind artifacts that present characteristics shared with those found in Estonia, Russia, and Norway. The earliest people were hunter-gatherers, using stone tools. The first pottery appeared in 5200 BCE, when the Comb Ceramic culture was introduced. The arrival of the Corded Ware culture in southern coastal Finland between 3000 and 2500 BCE may have coincided with the start of agriculture. The Bronze Age and Iron Age were characterised by extensive contacts with other cultures in the Fennoscandian and Baltic regions.
From the late 13th century, Finland gradually became integral part of Sweden, a legacy reflected in the prevalence of the Swedish language and its official status. In 1809 Finland was incorporated into the Russian Empire as the autonomous Grand Duchy of Finland. In 1906, Finland became the second nation in the world to give the right to vote to all adult citizens and the first in the world to give all adult citizens the right to run for public office. Following the 1917 Russian Revolution, Finland declared itself independent.
In 1918, the fledgling state was divided by civil war, with the Bolshevik-leaning "Reds" supported by the equally new Soviet Russia, fighting the "Whites", supported by the German Empire. After a brief attempt to establish a kingdom, the country became a republic. During World War II, the Soviet Union sought repeatedly to occupy Finland, with Finland losing parts of Karelia, Salla and Kuusamo, Petsamo and some islands, but retaining independence. Finland joined the United Nations in 1955 and established an official policy of neutrality. The Finno-Soviet Treaty of 1948 gave the Soviet Union some leverage in Finnish domestic politics during the Cold War era. Finland joined the Organisation for Economic Co-operation and Development (OECD) in 1969, the NATO Partnership for Peace in 1994, the European Union in 1995, the Euro-Atlantic Partnership Council in 1997, and finally the Eurozone at its inception, in 1999.
Finland was a relative latecomer to industrialisation, remaining a largely agrarian country until the 1950s. After World War II, the Soviet Union demanded war reparations from Finland not only in money but also in material such as ships and machinery. This forced Finland to industrialise. It rapidly developed an advanced economy while building an extensive Nordic-style welfare state, resulting in widespread prosperity and one of the highest per capita incomes in the world. However, Finnish GDP growth was negative in 2012–2014 (−0.698% to −1.426%), with a preceding nadir of −8% in 2009. Finland is a top performer in numerous metrics of national performance, including education, economic competitiveness, civil liberties, quality of life, and human development. In 2015, Finland was ranked first in the World Human Capital and the Press Freedom Index, and as the most stable country in the world during 2011–2016 in the Fragile States Index, and second in the Global Gender Gap Report. A large majority of Finns are members of the Evangelical Lutheran Church, though freedom of religion is guaranteed under the Finnish Constitution.


Instruments ratified: 188 / 282
World Average Ratifications: 114 / 282
Ratification rate: 64.79%
World Average Rate: 41.25%
Weighted score: 69.41%
World Average Weighted Score: 41.25%
World rank: 14 / 194
Developed country rank: 13 / 30
Developed country Avg. Ratifications: 159 / 282
Europe Union rank: 11 / 28
Europe Union Avg. Ratifications: 180 / 282
Northern Europe rank: 4 / 10
Northern Europe Avg. Ratifications: 174 / 282
CONTRACTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Agency0/20.00%2.00%8Weak
Conflict of laws2/7 (28.57%)28.57%3.00%3Strong
E-commerce0/30.00%18.00%70Weak
Franchising0/10.00%0.00%1Average
Leasing/Factoring0/20.00%5.00%13Weak
Principles, trade usages and standards0/20.00%0.00%1Average
Procurement0/40.00%3.00%31Weak
Sale of Goods1/5 (20.00%)45.45%25.00%29Strong
Travel contracts0/10.00%3.00%7Weak
Total310.14%9.00%83Strong
 
CUSTOMSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Customs Codification2/3 (66.67%)100.00%78.00%1Strong
Customs Cooperation3/6 (50.00%)60.00%26.00%4Strong
Exemption from Duties7/9 (77.78%)77.78%30.00%6Strong
Temporary Admission8/11 (72.73%)82.35%28.00%18Strong
Transit3/4 (75.00%)100.00%28.00%1Strong
Total2380.43%31.00%3Strong
 
DISPUTE RESOLUTIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Arbitration3/6 (50.00%)35.00%32.00%73Weak
Judicial cooperation5/5 (100.00%)100.00%36.00%1Strong
Recognition of foreign judgments0/20.00%2.00%6Weak
State court jurisdiction1/4 (25.00%)100.00%14.00%1Strong
State court procedure0/10.00%6.00%12Weak
State immunities 1/1 (100.00%)100.00%11.00%1Strong
Total1068.00%29.00%10Strong
 
ENVIRONMENT AND PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air4/5 (80.00%)80.00%86.00%59Weak
Chemicals1/1 (100.00%)100.00%78.00%1Strong
Energy2/2 (100.00%)100.00%25.00%1Strong
Flora and fauna9/10 (90.00%)93.48%68.00%4Strong
Foodstuff2/2 (100.00%)100.00%79.00%1Strong
General1/1 (100.00%)100.00%95.00%1Weak
International watercourses1/1 (100.00%)100.00%18.00%1Strong
Maritime and Law of the Sea22/26 (84.62%)89.13%46.00%10Strong
Protected geographical areas 1/1 (100.00%)100.00%27.00%1Strong
Waste1/1 (100.00%)100.00%93.00%1Weak
Total4490.63%61.00%9Strong
 
FINANCE, PAYMENTS AND INSOLVENCYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Assignment of receivables0/10.00%1.00%2Weak
Bankruptcy and insolvency0/10.00%21.00%41Weak
Bills of exchange and promissory notes3/4 (75.00%)50.00%8.00%1Strong
Cheques3/3 (100.00%)100.00%13.00%1Strong
Credit transfers0/10.00%0.00%1Average
International guarantees0/30.00%20.00%75Weak
Total624.39%12.00%32Strong
 
GOOD GOVERNANCE Inst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Corruption3/4 (75.00%)75.00%50.00%6Strong
Cultural Property3/4 (75.00%)81.25%54.00%21Strong
Drugs3/3 (100.00%)100.00%95.00%1Weak
Insider Trading1/1 (100.00%)100.00%4.00%1Strong
Organized crime2/2 (100.00%)100.00%80.00%1Strong
Total1288.46%68.00%12Strong
 
HUMAN RIGHTS AND LABOUR STANDARDSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Human Rights7/7 (100.00%)100.00%96.00%1Weak
Labour Standards8/8 (100.00%)100.00%86.00%1Strong
Total15100.00%91.00%1Average
 
INSTITUTIONAL PARTICIPATIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Dispute Resolution1/1 (100.00%)100.00%39.00%1Strong
International Trade Law 10/10 (100.00%)100.00%73.00%1Strong
Trade support institutions6/6 (100.00%)100.00%51.00%1Strong
Total17100.00%63.00%1Strong
 
INTELLECTUAL PROPERTYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Broadcasting1/1 (100.00%)100.00%47.00%1Strong
Copyright3/3 (100.00%)100.00%65.00%1Strong
Industrial designs2/2 (100.00%)100.00%31.00%1Strong
Integrated circuits0/10.00%2.00%4Weak
Neighboring Rights3/3 (100.00%)100.00%46.00%1Strong
Origin0/30.00%14.00%51Weak
Patents5/5 (100.00%)100.00%57.00%1Strong
Trademarks2/6 (33.33%)36.36%33.00%68Average
Varieties of plants1/1 (100.00%)100.00%37.00%1Strong
Total1774.74%42.00%39Strong
 
INVESTMENTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Investment disputes1/2 (50.00%)50.00%39.00%2Strong
Investment guaranty1/1 (100.00%)100.00%93.00%1Weak
Total266.67%57.00%2Strong
 
PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Marine Resources0/10.00%24.00%48Weak
Timber1/1 (100.00%)100.00%31.00%1Strong
General1/1 (100.00%)100.00%92.00%1Weak
Total276.92%53.00%23Strong
 
TRANSPORT AND TELECOMMUNICATIONSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air transport5/7 (71.43%)90.48%59.00%4Strong
Aircrafts and civil aviation 5/9 (55.56%)76.00%74.00%80Weak
Maritime shipping and load lines 11/13 (84.62%)94.29%66.00%11Strong
Maritime transport3/12 (25.00%)20.83%27.00%103Weak
Multi modal transport 0/20.00%4.00%15Weak
Rail transport3/3 (100.00%)100.00%22.00%1Strong
Road transport4/4 (100.00%)100.00%31.00%1Strong
Space2/4 (50.00%)66.67%40.00%55Strong
Telecommunications1/2 (50.00%)83.33%47.00%26Strong
Total3477.03%50.00%17Strong
 
TREATIES LAWInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
General1/4 (25.00%)41.67%30.00%41Strong
Total141.67%30.00%41Strong
 
WTOInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Plurilateral Agreements1/2 (50.00%)50.00%18.00%26Strong
WTO Agreements1/1 (100.00%)100.00%81.00%1Strong
Total272.73%47.00%26Strong
 
Strong
ContractsConflict of laws
ContractsSale of Goods
CustomsCustoms Codification
CustomsCustoms Cooperation
CustomsExemption from Duties
CustomsTemporary Admission
CustomsTransit
Dispute resolutionJudicial cooperation
Dispute resolutionState court jurisdiction
Dispute resolutionState immunities
Environment and productsChemicals
Environment and productsEnergy
Environment and productsFlora and fauna
Environment and productsFoodstuff
Environment and productsInternational watercourses
Environment and productsMaritime and Law of the Sea
Environment and productsProtected geographical areas
Finance, payments and insolvencyBills of exchange and promissory notes
Finance, payments and insolvencyCheques
Good Governance Corruption
Good Governance Cultural Property
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour StandardsLabour Standards
Institutional ParticipationDispute Resolution
Institutional ParticipationInternational Trade Law
Institutional ParticipationTrade support institutions
Intellectual propertyBroadcasting
Intellectual propertyCopyright
Intellectual propertyIndustrial designs
Intellectual propertyNeighboring Rights
Intellectual propertyPatents
Intellectual propertyVarieties of plants
InvestmentsInvestment disputes
ProductsTimber
Transport and telecommunicationsAir transport
Transport and telecommunicationsMaritime shipping and load lines
Transport and telecommunicationsRail transport
Transport and telecommunicationsRoad transport
Transport and telecommunicationsSpace
Transport and telecommunicationsTelecommunications
Treaties lawGeneral
WTOPlurilateral Agreements
WTOWTO Agreements
 
Average
ContractsFranchising
ContractsPrinciples, trade usages and standards
Finance, payments and insolvencyCredit transfers
Intellectual propertyTrademarks
 
Weak
ContractsAgency
ContractsE-commerce
ContractsLeasing/Factoring
ContractsProcurement
ContractsTravel contracts
Dispute resolutionArbitration
Dispute resolutionRecognition of foreign judgments
Dispute resolutionState court procedure
Environment and productsAir
Environment and productsGeneral
Environment and productsWaste
Finance, payments and insolvencyAssignment of receivables
Finance, payments and insolvencyBankruptcy and insolvency
Finance, payments and insolvencyInternational guarantees
Good Governance Drugs
Human Rights and Labour StandardsHuman rights
Intellectual propertyIntegrated circuits
Intellectual propertyOrigin
InvestmentsInvestment guaranty
ProductsGeneral
ProductsMarine Resources
Transport and telecommunicationsAircrafts and civil aviation
Transport and telecommunicationsMaritime transport
Transport and telecommunicationsMulti modal transport

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