Finland's road to industrialisation started in the 19th century with the harnessing of forest resources. Forests are still Finland's most crucial raw material resource, although the engineering and high technology industries, led by Nokia, have long been the leading branches of manufacturing.
The industrial structure of Finnish exports has changed dramatically over the past decades.
The wood and paper industry accounted for well over half of exports less than thirty years ago. Now the paper industry is only one of three major export sectors, the other two being electronics and other metal and engineering.
Electronics is the most spectacular success story in Finnish exports. Its outstanding growth in the 1990s is mainly based on mobile phones and other telecommunication equipment. Finland has some 79 cellular phones per 100 inhabitants.
The net wealth of Finnish households is at the average level for member states of the European Union.
In 2000, Finland's GNP per capita was around 25 500 euros (ca. 22 600 USD)