Finland – Wikipedia, the free encyclopediaFinland was a relative latecomer to industrialisation, remaining a largely agrarian country until the 1950s. Thereafter, economic development was rapid, such that today, with a nominal per-capita income of over $49,000 (2011), Finland is one of the world’s wealthiest nations. According to some measures, Finland has the best educational system in Europe and has recently been ranked as one of the world’s most peaceful and economically competitive countries. It has also been ranked as one of the world’s countries with the highest quality of life. In 2010, Newsweek magazine ranked Finland as the overall “best country in the world” after summing various factors.