Welfare for Finland

The technology industry is Finland’s most important export sector. Technology companies operate in international markets and bring export revenue to Finland, without which it would be impossible to maintain the welfare state.

In Finland the technology industry directly employs almost 300 000 people. Companies and employees pay taxes, which fund public sector services. These include health and social care, teaching and educational activities.

The welfare of every Finn is dependent on the international competitiveness of technology companies.

The wages and salaries paid and the social security payments made by technology sector companies amount to ca. 15 billion euros.

A technology company creates other business activity around it – up to 1/3 of Finnish workers earn their living either directly or indirectly from the technology industry.

See also:

Seven truths about the technology industry (SlideShare)