The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Finland  
Rank: 16 · Score: 78.9  

Basic facts, 2020        
Population (millions) 5.5   IPOs and pulic issues (quartile) Top
GDP (US$ billions) 270.6   M&A volume (quartile) 3rd
GDP per capita (US$) 48,979.3   Venture capital investments (quartile) Top
GDP growth (per cent) -2.8   Private equity investments (quartile) Top
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 16 107, 108, 108, 109, 109 78.9
1 Economic Activity 46 68, 78, 81, 73, 79 77.8
2 Depth of Capital Market 26 97, 98, 99, 100, 99 74.5
3 Taxation 3 122, 122, 122, 122, 122 114.1
4 Investor Protection and Corporate Governance 7 116, 116, 116, 117, 118 100.7
5 Human and Social Environment 16 111, 111, 111, 109, 109 52.7
6 Entrepreneurial Opportunities 12 117, 118, 117, 114, 113 87.3


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Finland  
Western Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Sweden 81.3 79.0 115.5 96.3 53.2 90.0
Denmark 81.6 74.0 112.1 102.1 58.9 87.6
Switzerland 84.3 79.7 102.7 72.7 65.0 86.6
Finland 77.8 74.5 114.1 100.7 52.7 87.3
Norway 81.6 75.7 107.9 101.6 50.4 82.2
Spain 80.3 80.7 106.3 83.5 52.9 75.5
Belgium 82.7 70.6 105.8 94.2 46.5 82.8
Last updated: 21 Jun 2021