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The Technology Industries of Finland in a Nutshell
The technology sector (metals, electronics and electronics
industry, and mechanical engineering) is today Finland's largest
industrial sector. It accounts for almost 60 % of Finland's
exports and 75 % of investment in research and development
and is Finland's largest employer, employing a quarter of
the national workforce. The technology industries grew significantly
during the last decade, at an annual rate of nearly a third,
largely because of the spectacular growth in electronics use
during this period. Today, the Technology Industries of Finland
continue to maintain their position as Finland's industrial
powerhouse and an international showcase.
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for more information on The Federation of Finnish Technology
Industries.
Work force in the Technology Industries of Finland
The Technology Industries of Finland employ directly 250
000 persons and about 600 000 persons accounted together with
the indirect employment effect, i.e. a quarter of the total
Finnish work force. Since 1995, the total work force of the
technology industry has increased by 60,000 and major structural
changes have occurred in the sector. The electronics and instrument
industry has especially increased the number of its employees
significantly. Out of the three industries, mechanical engineering
is clearly the largest employer.
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R&D Expenditure in the Technology Industries of Finland
The technological industry spends more on research and development
than all other industrial branches. The input of the electronics
and electrotechnics industry is especially high - about 2
billion euros annually. This has resulted in a considerable
increase in production, with over 80% exported to customers
worldwide.
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Page last updated 29.06.2007
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