The forecast for new business lending for SMEs in Finland from 2013 to 2028 demonstrates a fluctuating trend with an initial decline followed by varied growth and decline phases. In 2023, the value stood at €7.97 billion.
Year-on-year analysis for recent years shows a decrease of 0.7% in 2023 and 0.71% in 2022. The Compound Annual Growth Rate (CAGR) for the past five years (up to 2023) was -2.78%. For the coming years, until 2028, the forecasted 5-year CAGR is -0.4%, indicating a gradual reduction in lending amounts.
Future trends to watch include potential policy changes that could affect lending rates, economic conditions influencing SME growth, and technological advancements that could streamline lending processes.
