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Post-coronavirus unemployment rate forecast in Finland 2019-2024

According to the forecast by the Ministry of Finance, the unemployment rate in Finland is expected to reach 8.5 percent in 2020 following the coronavirus (COVID-19) pandemic. The unemployment rate is estimated to stay around nine percent in the coming years, even if the Finnish economy recovers fairly rapidly from the current crisis.

Unemployment rate forecast in Finland from 2019 to 2024

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Release date

June 2020



Survey time period

Summer 2020

Supplementary notes

The source adds the following information: "The assumption in the forecast is that the covid-19 pandemic will gradually fade away and that there will not be any second wave in the autumn. However, consumer confidence and Finland’s economic performance remain weak as long as there is no effective coronavirus vaccine or treatment."

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Statistics on "Economic impact of COVID-19 in Finland"

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