Nokialand

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Finland is sometimes referred to as Nokialand. This has to do with Nokia being a Finnish company and the positive impact of Nokia's success on the Finnish economy.

Nokia increased the Finland's GDP by more than 1.5 percent in 1999 alone. In 2004 Nokia's share of the Finland's GDP was 3.5 percent and accounted for almost a quarter of Finland's exports in 2003. Nokia is an important employer in Finland and several small companies have grown into large ones as Nokia's subcontractors. In 2006, Nokia generated revenue that for the first time exceeded the state budget of Finland. Therefore, it could be said Nokia became larger than Finland.

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