Finland

Price of Goods in US$, which in US would Cost $1 - Finland Compared to Continent

Footnote

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Albania	$0.53
Austria	$1.15
Belarus	$0.39
Belgium	$1.14
Bosnia & H.	$0.34
Bulgaria	$0.47
Croatia	$0.72
Cyprus	$0.84
Czech Rep.	$0.65
Denmark	$1.48
Estonia	$0.70
Finland	$1.18
France	$1.23
Germany	$1.20
Greece	$0.91
Hungary	$0.64
Iceland	$1.51
Ireland	$1.25
Italy	$1.09
Latvia	$0.66
Lithuania	$0.59
Luxembourg	$1.17
Macedonia	$0.43
Malta	$0.69
Moldova	$0.38
Netherlands	$1.19
Norway	$1.68
Poland	$0.65
Portugal	$0.87
Romania	$0.66
Russia	$0.64
Serbia	$0.74
Slovak Rep.	$0.66
Slovenia	$0.83
Spain	$1.08
Sweden	$1.28
Switzerland	$1.40
Turkey	$0.67
UK	$1.21
Ukraine	$0.33

 

 

Finland: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

 

Finland publishes good house price and rent statistics. The best source is Statistics Finland, though some longer time-series are in Finnish (asuntojen hintakehitys = dwelling price changes).

The Institute for Real Estate Economics has The Finnish Property Monthly, Quarterly and Annual reports. The Bank of Finland is a third good source (see statistics | prices and costs | domestic asset prices).