Finland: impacts of COVID-19 on employer companies

By the end of March 2020, over 90 percent of the Finnish companies anticipated difficulties caused by the COVID-19 outbreak. Over 60 percent of the companies estimated that their financial position and operations were considerably or rather significantly weakened by the impacts of the coronavirus. This was an increase of 20 percent in comparison with the results from two weeks earlier. Only six percent of employer companies did not believe that the impacts would be negative in the second COVID-19 corporate survey.

How do you think the coronavirus situation will affect your business?

Characteristic	March 12-16, 2020	March 30-31, 2020
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Release date

April 2020

More information

Region

Finland

Survey time period

March 12-16, 2020, March 30-31, 2020

Number of respondents

781 and 1873

Special properties

Business executives and entrepreneurs

Supplementary notes

This question was phrased by the source as follows: "Kuinka arvioit koronavirustilanteen vaikuttavan yrityksesi toimintaan ja taloudelliseen tilanteeseen nykytiedon perusteella?"

The source adds the following information: "Note that the first survey results (March 12-16, 2020) reflect the situation before the companies knew about the emergency conditions declared by the Finnish government. Every passing day has further aggravated the situation for companies."

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