Tag Archives: Finland

According to allcountrylist, Finland’s economy is largely dependent on its service sector which accounts for around 70% of GDP. This sector includes banking and finance services as well as telecommunication services. Additionally, the manufacturing sector is also important to Finland’s economy; it accounted for around 16% of GDP in 2020. This sector includes food processing, apparel manufacturing, chemicals production and petroleum refining. The agricultural sector is also significant in Finland; it accounted for around 4% of GDP in 2020. Major crops grown in Finland include barley, oats, potatoes and rye. Additionally, Finland has a significant fishing industry which accounts for around 5% of GDP and 10% of exports. Tourism also plays an important role in the Finnish economy; it generates significant income each year from foreign visitors. Finally, the mining sector plays an important role in the Finnish economy; major mineral resources mined in Finland include copper and nickel. Finland has a long history of agriculture that dates back to the early settlers of the region. Early inhabitants relied on subsistence farming to produce staples such as rye, barley, oats and potatoes. These crops were used for food, medicine and clothing and were grown in small plots near villages. In addition to these staples, farmers also grew fruits and vegetables such as apples, pears and berries. In the 19th century, much of Finland’s agricultural production shifted from subsistence farming to commercial agriculture. Plantations were established in certain regions to produce cash crops such as barley and oats for export markets. This shift away from subsistence farming caused many small-scale farmers to move into urban areas or become laborers on larger farms. Today, Finland is still a major producer of cash crops such as barley and oats but has also seen an increase in production of other crops such as wheat, rye, potatoes and flaxseed. In addition to these traditional staples, farmers are increasingly turning towards specialty crops such as fruits and vegetables for export markets or organic farming practices that reduce environmental impact while still providing nutritious food for their communities. Check topmbadirectory for how to get to Finland.