From 2013 to 2023, the production of computer, electronic, and optical products in Finland has shown a steady decline, moving from 11.55 billion euros to 6.82 billion euros. The year-on-year variation reflects this downtrend, with significant drops such as a 21.47% decrease in 2020 and a 6.02% decline in 2023. Notable exceptions include a slight recovery in 2017 and 2021. Over the past five years, the compound annual growth rate (CAGR) shows an average yearly decline of 5.69%.
Looking ahead from 2024, the forecast predicts a continued downward trajectory, with production expected to fall to 4.54 billion euros by 2028. The forecasted 5-year CAGR is -6.48%, indicating further annual declines, cumulating in an overall decrease of 28.46% over this period.
Future trends to watch for include potential technological advancements or industry shifts that might affect production levels. Additionally, economic policies or market demands could either mitigate or exacerbate this negative trend.
