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Finland Binary Options Resources

FinlandOne of the Western European countries that has been perfuming quite well even in the current and recent finical crisis is Finland, and as such there are going to be a plethora of different trading opportunities available to you on companies trading in Finland.

To gain a deeper insight into this European country then below we have compiled as much relevant country specific data as we could in this guide and as such please do read on.

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National Bank

The Bank of Finland website is where you will find a wealth of information in regards to the regulation of all banking institutions that are licensed to operate in Finland. Recent ratings given for Government Bonds in Finland are as follows: Standard & Poor’s: AAA, Moody’s rating: Aaa and the Moody’s outlook is listed as being: STA.

Finland is a signed up full member of the Euro system and they are part of the European Central Bank. As such they use the Euro currency.

Finland International Financial Reserves

Based on the latest set of figures released Finland has International Reserves of US$ 11.006 billion.

Real GDP Growth in Finland

Based on the last batch of finalised reports in the last 12 years Finland had 4 years of negative real GDP growth which was in 2009, 2011, 2012 and 2013, when the real GDP growth for Finland was reported as being -8.3%, 1.2% and 0.2% respectively.

The figures for real GDP growth since 2003 to 2014 are as follows: 2003 2%, 2004 4.1%, 2005 2.8%, 2006 4.1%, 2007 5.2%, 2008 0.7%, 2009 -8.3%, 2010 3.0%, 2011 -2.6%, 2012 -1.5%, 2013 -1.2%, 2014 -.02%.

Finland GDP as a Percentage of Composition by each Market Sector

The following three market sectors and their respective figures are the percentage of composition on each of those market sectors of GDP of Finland.

The Agriculture market sector makes up 2.9% of GDP in Finland, whilst the Industry market sector makes up 25.1% of the total GDP in Finland and the Services market sector is responsible for 71.9% of total GDP in Finland.

Inflation and Unemployment in Finland

The rate of inflation in Finland over the last five years has been reported as being as follows: 2011 3.3%, 2012 3.2%, 2013 2.2% and in 2014 1.2% and to date in 2015 the rate of inflation was 1.5%. Unemployment in Finland again over the same five year period has been reported as being 2011 7.8%, 2012 7.7%, 2013 8.2%, 2014 8.5%, and in 2015 8.3%.

Where to Place Binary Options Trades on Companies Based in Finland

Finland being such an integral part of Europe does of course have many companies whose shares often rise and fall in value throughout the working week, and if you are thinking of placing trades on any company based in Finland then we would suggest you sign up to the licensed and approved Opteck Brokers for they offer a bonus which is worth up to $250 for new traders and profits on trades placed there can be as high as 85%.