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Finland vs New Zealand ! Who is the most developed economy?

Finland vs New Zealand ! Who is the most developed economy?

The Finnish wooden rural Catholic church in the sunny summer day

Finland vs New Zealand ! Who is the most developed economy?

Finland or New Zealand, whose economy is the most developed?

1. An overview of Finland and New Zealand:

1) Finland: One of the five famous Nordic countries, bordering Sweden, Norway, and Russia; Finland is located between 60 degrees and 70 degrees north latitude, with an area of ​​338,145 square kilometers, and is the seventh largest country in Europe. Finland has about 179,000 islands and about 188,000 lakes, and is known as the “country of a thousand lakes.” One third of the country’s land is in the Arctic Circle, which has a temperate maritime climate. Finland has the world’s second-highest latitude capital Helsinki, second only to Iceland’s capital, Reykjavik.

Scenic summer aerial panorama of the Old Town architecture in Helsinki, Finland

Finland is the hometown of Santa Claus. The earliest inhabitants were Lapps. It was ruled by Sweden in the second half of the 12th century. After the Russian-Swiss War in 1809, it merged into the Russian Empire and became a Grand Duchy. In December 1917, the Republic of Finland declared independence and became a permanent neutral country.

Finland is a highly developed capitalist country and a highly industrialized, liberalized market economy; Finland is one of the EU member states, but Finland’s per capita output is much higher than the EU average. The citizens enjoy an extremely high standard of quality of life, and Finnish civil servants are clean and efficient, and are widely recognized worldwide. Transparency International, a non-governmental organization that monitors corruption in countries around the world, published the 2012 Global Corruption Perception Index report. Among 176 countries and regions, Finland ranked first and ranked as the world’s most corrupt country.

Finland has the largest forest area per capita in Europe. Forests are Finland’s most important natural resources, with a total accumulation of 2.189 billion cubic meters. The population of Finland is 5.51 million.

2) New Zealand: New Zealand belongs to Oceania and is called the “Hanadu”. The country is small but very rich. In 2019, New Zealand’s per capita GDP reached more than 40,000 US dollars. New Zealand was once rated as the best country in the world by the Daily Telegraph. This is the fourth time New Zealand has won the global crown.

New Zealand belongs to Oceania, with an area of ​​270,000 square kilometers, with mountains and hills accounting for more than 75% of its total area. The forest coverage rate is 29%, and natural pastures account for 50% of the country’s land area. There are approximately 4.92 million people in New Zealand, of which European immigrants account for 74%, Maori account for 15%, and Asians account for 12%.

New Zealand’s animal husbandry is well developed, with animal husbandry production covering an area of ​​13.52 million hectares, accounting for 50% of the country’s land area. New Zealand’s dairy products and meat are the most important export products. The export volume of coarse wool ranks first in the world, accounting for 25% of the world’s total output. 

New Zealand’s aviation industry is very developed. Because of New Zealand’s good climate and excellent visibility, on average, one in ten people has a private pilot’s license. ,

2. Comparison of the economic aggregates of Finland and New Zealand:

Orthodox Uspensky Cathedral in Helsinki, Finland, at sunny spring day. Panorama stitched from several shot.

1. Finland’s economic aggregate and national happiness index:

Finland’s total economy in 2019 is 276.57 billion U.S. dollars (IMF), which is much lower than that of the Nordic Denmark (349.53 billion U.S. dollars), but Finland’s per capita GDP is as high as 49994 U.S. dollars!

According to statistics, there are about 13 countries in the world with a population of over 100 million. Among these 13 countries, not many have become developed countries. Only the United States and Japan are the only countries.

The remaining 9 countries are all developing countries. The country’s per capita per capita has exceeded 10121.3 US dollars, and the development momentum is good. In other countries, the level of economic development is relatively low. The per capita GDP of individual countries is only about US$800.

Cottage by the lake in rural Finland

As a Nordic country, Finland has a population of only about 5.51 million, but its economy has reached 250 billion U.S. dollars and its per capita GDP is close to 50,000 U.S. dollars, making it one of the richest countries in the world. The per capita GDP of Finland is about 1.22 times that of Japan, which is about 9192 US dollars more than Japan.

Although Finland has a very high per capita GDP, it is the lowest among the generally rich Nordic countries. The per capita GDP of the Nordic countries is ranked: Norway>Iceland>Denmark>Sweden>Finland.

2. New Zealand’s economic aggregate and national happiness index:

New Zealand is a typical country of “rich country and people rich”. According to 2017, New Zealand’s GDP per capita reached 45.000$. 

According to the “2017 Davos Global Salary Report”, New Zealand’s per capita annual income is 53088 New Zealand dollars, equivalent to about 35900$. 

New Zealand created a GDP of 210.47 billion U.S. dollars in 2019, which is about 1.4 trillion, Comparative data: In terms of the total economic volume created, it is clear that Finland’s 276.5 billion US dollars is far greater than New Zealand’s 210.4 billion US dollars, and the difference between the two countries is approximately 66.1 billion US dollars. 

Finland’s per capita GDP is US$49,994, which is US$5,990 more than New Zealand’s US$44,004. It can be seen that Finland far surpasses New Zealand in terms of economic aggregate and per capita GDP.

Finland>New Zealand

Wellington, New Zealand – November 18: View of the Wellington Cable Car in Wellington, New Zealand on November 18, 2014.

3. Per capita income levels in Finland and New Zealand

1. Finland’s per capita income level : The United Nations has investigated and analyzed data on income, freedom, social support, health and life span of 156 countries and regions, and released the 2019 version of the “World Happiness Report”.

Finland was once again rated as “Global The happiest country” .

According to the “2018/2019 Global Wage Report” wage report issued by the International Labor Organization, the average monthly income of Finns is about 3346 Euros, the Nordic countries, Finland’s The wage level is actually not high, even lower than Sweden and Denmark.

According to people in Finland, the cost of living in Finland for a month is about 1,000 Euros: if you rent a house, about 500 Euros per month (basically the size of a room and a living room), the capital Helsinki is relatively expensive.

In Finland, earning more than 4,000 Euros per month should be considered a middle income level. 

According to central data, the average salary of full-time employees in Finland is about 2963 Euros per month, excluding performance bonuses and return to work awards after leave. Different educational qualifications in Finland have different incomes. 

For example, the average salary for a doctorate is about 4907 Euros per month, for a master’s degree is about 4042 Euros, and for a bachelor’s degree is about 3077 Euros. The secondary education level is approximately 2,625 Euros.

Suomenlinna Maritime fortress on the Islands in the harbour of Helsinki.Finland.

2. New Zealand’s per capita income level : According to the previous “Davos Global Salary Report 2017”, New Zealand’s per capita annual income is 53088 New Zealand dollars.

New Zealand From April 1, 2019, the minimum wage in New Zealand has risen to $17.7/hour, Wellington, the capital of New Zealand, has the highest median weekly salary for employees, reaching NZ$1,055 per week. 

Auckland, the largest city in New Zealand, is next at NZ$1,036 per week; labor income is NZ$638.79.

In terms of average hourly income, men’s pre-tax is S$16.73, women’s is S$13.97, and the per capita income per hour is S$15.38.

New Zealand income is divided by age group, and the income gap between age groups is still relatively large: for example, the income of 15-19 years old is 7.88/hour, 20-24 years old is 11.82/hour, 25-29 years old is 14.74/ Hourly, 30~34 is 16.87/hour.

Among different age groups, the highest income is 45 to 49 years old, at 17.46 per hour. The higher your education in New Zealand, the higher your income level. The salary received by different occupations is also different. Professionals are 20.32/hour, skilled workers are about 14.89/hour. 

Comparison result: If according to Finland’s “2018/2019 Global Wage Report” salary report, the average monthly income of Finns is about 3346 Euros, then the annual income is about 40,152 Euros.

QUEENSTOWN, NZ – JAN 17:Skyline Gondola on Jan 17 2014.It’s the steepest cable car lift in the Southern Hemisphere, and one of the must-do activities in Queenstown, NZ.

Finland>New Zealand

4. Comparison of land area and population between Finland and New Zealand

Finland has an area of ​​338,145 square kilometers and a population of 5.51 million. New Zealand has a land area of ​​270,000 square kilometers and a population of 4.92 million. Finland is larger than New Zealand in terms of land area and population.

Finland>New Zealand

5. Comparison of welfare between Finland and New Zealand

1. Finnish welfare : Finland has always been known as the best welfare country in the world, and its welfare system is known as “from birth to grave” all-inclusive. Before every Finnish baby is born, parents can receive a birth gift package from the government, which contains clothes, diapers, baby bottles and other things that newborns need, and this benefit covers all newborns in Finland. ;

In terms of basic living welfare: In Finland, a newborn baby is taken care of by the social welfare department as soon as it is born. Mothers can get packages of baby products or 760 Finnmark. 

Mothers enjoy 263 days of maternity leave and receive maternity leave allowance equivalent to 66% of their wages.

Every child from birth to the age of 17 can receive a child allowance of 120-172 euros per month. In order to encourage childbirth, the more children and the greater the subsidy, the children of single-parent families can also receive additional subsidies. Children over three years old can enter the municipal nursery, the government grants 200 Euros a month, and low-income families are exempt from childcare fees.

Parents who take care of children under 3 at home can receive subsidies, parents of disabled children or children with chronic diseases can also receive special child care subsidies, and low-income families can also receive housing subsidies and living allowances.

In addition to the maternity allowance, there is also an unemployment allowance. In Finland, if you do not have a job, you will still pay nearly 500 euros a month for living allowances, and you will be responsible for your rent. These two items together may exceed 1,000 euros.

Modern green tram in Helsinki. City public high-tech electric vehicle in industrial European metropolis. Tram lines run along green alley, tram station Rautalammintie. Suomi, Helsinki, Finland

Finland implements compulsory education. Students are exempted from paying tuition and textbook fees. Free education is implemented for each school period. Elementary and secondary schools enjoy a free lunch every day.

Secondary schools and institutions of higher learning also provide three subsidies: one is a scholarship, 300 euros per person per month; the second is a housing subsidy, which provides 80% housing subsidies up to 200 euros; the third is student loans, where the state guarantees students, each A monthly loan of 300 euros from the bank.

In terms of unemployment assistance: Every resident who has worked for more than 10 months can receive unemployment compensation for up to 500 days when unemployed. It consists of three parts: 1) Basic living allowance of 500 Euros per person per month; 2) Union unemployment subsidy, each union member pays 1% monthly membership fee, and the union pays 60% of the original salary after unemployment; 3) Individual purchase of unemployment insurance . If you have not found a job for more than 500 days, social organizations will provide relevant employment training assistance.

Helsinki, Finland. Famous And Popular Place Is Cafe, Bar, Restaurant On Esplanadi Park In Lighting At Evening Or Night Illumination.

Medical and work injury protection: All citizens of Finland enjoy basic and special medical insurance and health insurance services. Medical insurance is responsible for 60%-70% of the medical expenses of patients. The state subsidizes medicines, half of the subsidy is 50%. For severely ill patients or chronic diseases, the state subsidy exceeds 75%, or even the entire burden.

If you are sick, you will not only be reimbursed for medical expenses, but you can also get full wages. It is stipulated that Finnish residents aged 16-64 can enjoy medical subsidies within 60 days of illness and can apply for rehabilitation subsidies after 60 days.

Retirement and old-age services : Finland is dominated by a mandatory old-age welfare system. The compulsory pension system includes state pension and employment pension. The national pension is 500 Euros per month, and the employment pension is related to wages, which is 50%-60% of the original in-service salary. In addition, the social welfare department will also provide various door-to-door services for the elderly.

2. New Zealand Welfare : Since 2019, New Zealand no longer aims to develop GDP, but focuses on social well-being. New Zealand has pioneered the measure of national happiness-“national success”. As a result, it has been successively rated as the cleanest country in the world, one of the happiest countries in the world, and ranked 16th in the Human Development Index. It is by virtue of advanced education, wealthy welfare system, and advanced life philosophy that makes New Zealand a happy country in the world.

New Zealand has a well-developed welfare system in the world. The New Zealand government stipulates that all public hospitals are free of charge. The hospital’s surgical equipment is provided free of charge by the state.

Regardless of public or private medical care for children under the age of six, the state is responsible for all expenses (including free of drug fees). All drugs listed by the registered pharmacist according to the doctor’s prescription will be provided to the patient free of charge, and the state will provide compensation.

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All costs from pregnancy to childbirth are borne by the state, and the government encourages childbirth. In addition to a one-time reward of 1,500 NZD, the government will subsidize the upbringing fees for each child every week until the age of 18. Children over 18 can live independently and enjoy youth allowances.

New Zealand’s primary and secondary schools implement free education. National universities only need to pay a nominal tuition fee and can enjoy student allowances, and the amount needs to be subsidized according to the number of students’ families, housing expenses, etc., which is completely sufficient for the living expenses of the whole family.

Free government housing in New Zealand : In order to realize that everyone has a home, New Zealand has implemented large-scale housing construction for ordinary New Zealand families since the first Labor Party in 1935.

In order to meet the housing needs of New Zealand residents, the New Zealand government will purchase about 500 houses on the market every year (the New Zealand government public housing model is an independent house with a garden, including a large number of 3-bedroom, 4-bedroom, and 5-bedroom houses) as a supplement. The cost of housing repairs and maintenance in New Zealand public housing is borne by the government.

Government pensions can enjoy government pensions after 10 years of residence and 65 years of age or older.

Comparison results: Finland and New Zealand are basically similar in welfare, nothing more than free education and free medical care, but Finland has more abundant welfare policies and more obvious advantages.

Finland>New Zealand

Art Nouveau house in Imatra, Finland

6. Comparison of education between Finland and New Zealand

1. Finnish education : Finnish student performance is always far ahead in the world. The characteristics of Finnish education are: children go to school the latest, the longest vacation, and the least homework. A small Nordic country that seems to be losing everything on the starting line of life, but it is able to train middle school and high school students with “the overall performance of the world’s first” The World Economic Forum has repeatedly rated Finnish higher education as the best in the world.

The Finnish education system is also the most balanced in the world, because the gap in student achievement is the smallest in the world. The most prominent feature of Finnish education is equality. Finland is different from the elite education pursued by most countries. Finnish education takes equality as a starting point from system design to resource allocation. Finnish education does not look at the form, but the essence.

According to a survey conducted by Finland’s largest newspaper, the Helsinki Post, the profession that young Finnish people yearn most is to be teachers. The level of respect for primary and secondary school teachers is even greater than that of presidents and university professors.

Finnish education philosophy and education system regard reading and writing as very important learning and life skills. The teacher has absolute freedom to choose the most suitable reading content, scope and level of advancement for the child. At the same time, the teacher will listen to and support the child’s personal ideas, and will not instill the students in imperative, preaching, or even long-form arguments. In Finland, 80% of people have the habit of going to the library to read. According to statistics, as many as 40 million people go to the library every year.

Finns are the world’s favorite to read, and the world’s favorite to borrow books from libraries. According to statistics, Finns borrow 17 books per person per year. The survey shows that 41% of Finnish middle school students most often engage in “leisure activity” is reading.

Finns are recognized as one of the countries with the most complete education system in the world. The main campus of the University of Helsinki in Finland is even located in the center of the capital city of Helsinki, which is equivalent to the most central location, which shows the status of Finnish education among Finns.

2. Education in New Zealand: The “Global Education Future Index” ranking established by the Economist Intelligence Unit assesses the education systems of 35 countries and regions and analyzes the 6 abilities of students. These 35 economies represent 88% of the global GDP and 77% of the population. In this ranking, New Zealand ranks first.

New Zealand is different from the domestic curricula. New Zealand adopts a course selection system at the high school stage. Each middle school generally offers dozens or even hundreds of courses for students to choose. Curriculum areas include English, foreign languages, mathematics, science, technology and application, art, health and physical education, human society and environment. Students usually need to provide from the school according to their own interests, specialties, and future directions. In the course, choose about 6 courses to study. The results of promotion to the university will mainly be evaluated based on the high school grades.

Sunny view of Queenstown on New Zealand’s South Island

New Zealand does not have a college entrance examination system of “one exam for a lifetime”, which means that there is no unified college entrance examination system. High school students’ promotion to university basically depends on the evaluation of the usual academic performance in the high school stage of study combined with the examination results.

In terms of education, Finland and New Zealand have their own characteristics and present different characteristics. Some angles are not comparable. In general, Finland feels better.

In fact, Finland is still a relatively advanced country in terms of technology and innovation. Finland’s science and technology are very advanced, and various economic indicators have leapt to the forefront of European countries, and have repeatedly climbed to the top of the world’s competitiveness rankings, creating a miracle in the history of world economic development.

Tractor cleaning snow near house in winter finland

Finland, a small Nordic country, has a huge capacity for innovation. According to the “2014-2015 Global Competitiveness Report” published by the World Economic Forum (WEF), Finland was once selected as one of the top five most innovative countries in the world. The report believes that Finland has an outstanding performance in overall global competitiveness, ranking fourth after Switzerland, Singapore and the United States, and Germany ranking fifth.

In addition to being the highest rated for innovation, Finland ranks first in the world for higher education and training.

Finland’s technological strength was once ranked sixth in the world. In addition to the famous Nokia, Finland, a small country with only more than 5 million people, ranks in the top ten globally in 17 of 20 key technological fields. For example, computer science; Finnish education level, technology level has always been in the forefront of the world.

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