Why is Finnish translation More Expensive Than Turkish?

 The Finnish language is spoken by more than five million people globally. It is rewarding for those who manage but it is a tricky language to master.

Are you looking for a Finnish language translator? You might not know about complicated linguistic rules or about the country. Do you know that Finnish translation is more expensive than Turkish?

Why some languages are more expensive than others? In this blog, we will learn why the Finnish language is more expensive than Turkish.

Some factors that determine how Finnish translation is more expensive than Turkish

1.     Supply

Relative to demand. Some countries produce many expert qualified translators and many of these people go on to join the profession.

In larger developed countries such as France, Germany, and the UK there is competitive pressure and many qualified translators are competing for the work.

In smaller countries such as Finland, there is less incentive for fewer translators to specialize in one particular area e.g. engineering and there are fewer translators from a smaller population. 

Translators generally work in their mother tongue. For example, there are many more professional English-Finnish translators.

2.     Demand

Relative to the supply. Of course, high demand for the translator leads to higher rates and vice versa, fairly direct for English, French, and German- although it is a more relative thing in translation for instance the relatively few specialist expert translators in Finland have high demand.

This is complex because it is motivated by the demand for subject specialisms for instance legal translation, engineering translation.

3.     Wage demands in diverse economies

When translating out of English, we generally need to work with native speakers of the target language, usually based on their own country. In high-pay markets such as Finland, they demand high p, in fewer-pay markets such as Turkey they demand less pay.

In some cases, this effect compensates for demand/supply factors altogether. For instance in India where expert translators work to get less pay or lower wages. Here is the basic formula of demand and supply curves; Q is the quality and P is the price.

Wrapping up

The business world is a fast-paced, unpredictable place. One can require translation services at any point in time. Finnish translation services can open up a largely unexplored section of the global economy and lucrative side to your business.

It should be considered a valuable investment and is a great way to get an edge over your competitors. Acadestudio provides Finnish and Turkish language translation solutions and over 99+ global languages.