Nordicum - Real Estate Annual Finland 2017 | Page 10

Finland fast facts

Helsinki placed second ( after London ) in the Financial Times ’ FDI Intelligence European Cities of the Future 2014 / 2015 ranking which measures the ability of areas and cities to attract foreign direct investments ( FDI ).
Newsweek Magazine has ranked Finland as the world ’ s best country on the basis of criteria emphasising the environment , education and quality of life .
Finland has the highest Research & Development intensity of all 28 European Union member states ( Eurostat ).
According to the Social Progress Index ( maintained by Social Progress Imperative ), Finland was the most socially progressive country in the world in 2016 .
Helsinki is ranked third ( behind New York and London ) in the global CITIE Index 2015 which studied governmental support of entrepreneurs among cities .
Corporation tax was lowered to 20 % at the beginning of 2014 ( from 24,5 %).
Finnish game series Angry Birds has been downloaded more than three billion times , making it the most downloaded freemium game series of all time .
Finnish startup spirit is personified by super tech-event Slush which again brought together 17,500 attendees in Nov-Dec 2016 . Described as “ Burning Man meets TED ”, the event also racked up one million live stream viewers .
Labour costs are lower in Finland compared to the other Nordic countries .
Finland ranked third overall in Global Sustainable Competitiveness Index in 2016 ( SolAbility ).
When countries were viewed according to their expenditure on R & D as a percentage of GDP , Finland was the fourth on the list in 2016 ( Unesco Institute for Statistics ).
Finland has the best availability of scientists and engineers in the world ( WEF ’ s Global Competitiveness Report 2014 – 2015 ).
10 Nordicum Tandem Graphics 2017