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Finland’s border closure with Russia in 2023 caused Imatra’s economy to collapse, losing $1.2M daily in tourism and spiking unemployment to 15%.
Finland’s South Karelia region, particularly the town of Imatra, is facing severe economic hardship after closing its land border with Russia in late 2023, leading to a daily loss of about $1.2 million in tourism revenue.
Unemployment in Imatra has surged to 15%, the highest in Finland, as Russian tourists and shoppers vanished, crippling local businesses, hotels, and industries like steel and forestry.
The closure, prompted by Finland’s claim that Russia was orchestrating migrant flows—denied by Moscow—follows Finland’s NATO accession and sanctions on Russia after the 2022 Ukraine invasion.
Lappeenranta Airport has ceased operations through December 2025, and local officials are seeking new economic strategies, including eco-tourism and green industries, amid uncertainty over the border’s reopening.
El cierre de la frontera de Finlandia con Rusia en 2023 causó el colapso de la economía de Imatra, perdiendo $ 1.2 millones diarios en turismo y elevando el desempleo al 15%.