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Background Finland was a province and then a grand duchy under Sweden from the 12th to the 19th centuries, and an autonomous grand duchy of Russia after 1809. It won its complete independence in 1917. During World War II, it was able to successfully defend its freedom and resist invasions by the Soviet Union - albeit with some loss of territory. In the subsequent half century, the Finns made a remarkable transformation from a farm/forest economy to a diversified modern industrial economy; per capita income is now among the highest in Western Europe. A member of the European Union since 1995, Finland was the only Nordic state to join the euro system at its initiation in January 1999. In the 21st century, the key features of Finland's modern welfare state are a high standard of education, equality promotion, and national social security system; currently challenged by an aging population and the fluctuations of an export-driven economy. Population 5,255,068 (July 2010 est.) Government type 20 regions (maakunnat, singular - maakunta [Finnish]; landskapen, singular - landskapet [Swedish]); Aland (Swedish), Ahvenanmaa (Finnish); Etela-Karjala (Finnish), Sodra Karelen (Swedish); Etela-Pohjanmaa (Finnish), Sodra Osterbotten (Swedish); Etela-Savo (Finnish), Sodra Savolax (Swedish); Kanta-Hame (Finnish), Egentliga Tavastland (Swedish); Ita-Uusimaa (Finnish), Ostra Nyland (Swedish); Kainuu (Finnish), Kajanaland (Swedish); Keski-Pohjanmaa (Finnish), Mellersta Osterbotten (Swedish); Keski-Suomi (Finnish), Mellersta Finland (Swedish); Kymenlaakso (Finnish), Kymmenedalen (Swedish); Lappi (Finnish), Lappland (Swedish); Paijat-Hame (Finnish), Paijanne-Tavastland (Swedish); Pirkanmaa (Finnish), Birkaland (Swedish); Osterbotten (Swedish), Pohjanmaa (Finnish); Pohjois-Karjala (Finnish), Norra Karelen (Swedish); Pohjois-Pohjanmaa (Finnish), Norra Osterbotten (Swedish); Pohjois-Savo (Finnish), Norra Savolax (Swedish); Satakunta (Finnish and Swedish); Uusimaa (Finnish), Nyland (Swedish); Varsinais-Suomi (Finnish), Egentliga Finland (Swedish) Administrative divisions republic Independence Independence Day, 6 December (1917) International organization participation white with a blue cross extending to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag); the blue represents the thousands of lakes scattered across the country, while the white is for the snow that covers the land in winter Economy - overview Market value of publicly traded shares metals and metal products, electronics, machinery and scientific instruments, shipbuilding, pulp and paper, foodstuffs, chemicals, textiles, clothing Agriculture - products -11.8% (2009 est.) Industries 77.44 billion kWh (2008 est.) Industrial production growth rate 87.25 billion kWh (2008) Electricity - production 3.335 billion kWh (2008) Oil - production 130,500 bbl/day (2009 est.) Internet country code 4.383 million (2008) WebCam