Is Finland a wealthy country? Is it because of all the free stuff that we get?
Is Finland rich because we have no government in power? No. Because for centuries they have been running a socialist system.
Is Finland rich because we have a communist government? No. Because both countries had a communist government for centuries.
Is Finland rich because all our exports go to Sweden and Germany? No. Because all our exports go to Finland and not to Sweden and Germany.
Is Finland rich because we import 40% of our foreign trade? No. Because we import less and less than our exports.
Is Finland rich because all our exports go to Russia and China? No. Because all our exports go to Russia and not to Finland and Germany.
Is Finland rich because all our exports go to the rest of the world? No. Because we import more from abroad than we export.
Is Finland rich because all our exports go to South Korea? No. Because South Korea is not rich by any stretch of the imagination.
Is Finland rich because all our exports go to Mexico? No. Because Mexico is not rich by any stretch of the imagination.
Is Finland rich because all our exports go to the rest of Asia? No. Because we import more from abroad than we export.
Is Finland rich because all our exports go to Russia and China? No. Because all our exports go to Russia and not to Finland and Germany.
Is Finland a wealthy country?
Well, not really. In Finland we don’t really have a rich class. In fact the top stratum of the population actually own less than 10% of the wealth. What we do have is a very privileged stratum at the top where the rest of the population owns a lot of the wealth. This is called the top stratum.
I don’t think Finland is a wealthy country per se. If you look at the top stratum of the population, the income is not that great. The Nordic countries are not that rich because the income level is great but because the country as a whole is very different from the rest of the world. For example, the Norwegian and Swedish economies are quite different from each other.
I’m not saying that the Nordic countries are not wealthy. I’m saying that they are a bit different from the rest of the world. Finland’s a bit different from Norway because the country as a whole is a bit different from the rest of the world.
From what I’ve seen in the news over the last few weeks or so, the Nordic countries seem to be pretty successful economically. I’m not saying they’re inevitably successful, but I’m saying that they seem to be successful because the people who live in the successful countries are, on average, quite successful. The Finnish success story is rather different.
I’m sorry. I didn’t mean to make a comment about your country.
Is Finland a wealthy country? In the 1990s, the annual income of the richest 10% of the Finnish population amounted to more than twice that of the poorest 10%.
In Sweden the richest 10% of the population in 2015 earned an average of 541,800 SEK/year and the poorest 10% of the population earned an average of 324,400 SEK/year.
The income levels of the top 1% of the Finnish population have risen considerably in the last decades. In 1970s the top 1% of the Finnish population had an annual income of SEK 25,000,000 (about US$85,000,000 today). By 2015 the Finnish
top 10% of the population had an annual income of SEK 4.7 million, or US$130.3 million (about US$352.6 million today). By 2015 the Finnish
In Western countries the distribution of income is more even. The top 10% of the population in France and the U.K. are not so different from one another. In Germany the distribution of income is more even. The top 10% of the population in the two countries collectively earned an average of SEK 134 million in 2015. In France and the U.K. the distribution of incomes is more even. The top 10% of the population in Germany, France, and the U.K. collectively earned an average of SEK 467 million in 2015.
