Value added fell by 3 per cent in 2014, corrected

Corrected on 13 October 2015. The corrected numbers are indicated in red.

According to Statistics Finland’s preliminary data, the total value added of enterprises' establishments was EUR 91.4 billion in 2014. Value added decreased by EUR 2.9 billion from 2013. The value added of the service sector was EUR 39.3 billion. Altogether, services generated 43 per cent of the country’s total value added.

Distribution of establishments' value added by industry 2014*

Regionally, production focused on Uusimaa. There, value added amounted to EUR 36.6 billion. Uusimaa's proportion of the total value added was 40 per cent. Production in Uusimaa declined by EUR 1.5 billion from the previous year, which explains part of the 53 per cent drop in value added in the whole country.

Value added EUR 91.4 billion - Uusimaa and rest of Finland 2014*

The service sector's proportion of the EUR 36.6 billion value added generated in Uusimaa was 54 per cent. The value added of the service sector in Uusimaa was EUR 19.9 billion, which also declined by EUR 324 million from 2013.

The value added measures the total value added produced by the various factors of production in an establishment’s actual operating activities. The value added is calculated by deducting the costs of operating activities from the income from the activities. Costs exclude the costs related to the establishment's personnel.

The regional statistics on entrepreneurial activity describe the activity of establishments of enterprises operating in Finland by industry and region. The totalled data for all establishments are not published in the preliminary statistics because primary production (TOL A) establishments are not included in preliminary data.

Source: Regional statistics on entrepreneurial activity, preliminary data 2014. Statistics Finland

Inquiries: Merja Kiljunen 029 551 3284, rakenne.tilastot@stat.fi

Director in charge: Mari Ylä-Jarkko

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Appendix tables

Value added by industry and region in 2013 to 2014* (1.10.2015)

Updated 01.10.2014

Referencing instructions:

Official Statistics of Finland (OSF): Regional statistics on entrepreneurial activity [e-publication].
ISSN=2342-6268. 2014. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/alyr/2014/alyr_2014_2015-10-01_tie_001_en.html