Finland Background

Background: Finland was a province and then a grand duchy under Sweden from the 12th to the 19th centuries and an autonomous grand duchy of Russia after 1809. It finally won its complete independence in 1917. During World War II, it was able to successfully defend its freedom and fend off invasions by the Soviet Union and Germany. In the subsequent half century, the Finns have made a remarkable transformation from a farm/forest economy to a diversified modern industrial economy; per capita income is now on par with Western Europe. As a member of the European Union, Finland was the only Nordic state to join the euro system at its initiation in January 1999.

Definition: This entry usually highlights major historic events and current issues and may include a statement about one or two key future trends.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of April 17, 2002