Value added in manufacturing increased in 2015

According to Statistics Finland’s preliminary data, the total gross value of all manufacturing (TOL BCDE) establishments was EUR 119.7 billion in 2015. The gross value of manufacturing remained on level with the previous year. However, value added increased by four per cent compared with the previous year and amounted to EUR 30.6 billion. The manufacturing industries that affected most the increase in value added were the manufacture of paper and paper products (TOL17) and the manufacture of coke and refined petroleum products (TOL19).

Change in value added in manufacturing in 2015*

* Preliminary data

Measured by value added the biggest regions were: Uusimaa, Varsinais-Suomi, Satakunta and Pirkanmaa. Their share in the entire value added of manufacturing was 53 per cent and 89 per cent of the growth in value added.

Value added in manufacturing by region in 2015*

Region	Number of establishments	Value added 1000 €	R-on-year change, %
Uusimaa	5 127	9 016 233	15,7
Pirkanmaa	2 957	2 887 882	4,0
Varsinais-Suomi	2 871	2 531 832	-8,9
Satakunta	1 651	1 947 433	-1,4
Central Finland	1 389	1 741 557	14,7
North Ostrobothnia	1 769	1 706 190	-12,3
Ostrobothnia	1 167	1 613 013	-3,5
Päijät-Häme	1 177	1 244 343	0,0
Lapland	964	1 140 536	-5,5
South Karelia	640	1 085 579	11,4
Kymenlaakso	868	1 047 905	23,4
Pohjois-Savo	1 251	955 421	-16,9
South Ostrobothnia	1 795	874 282	-9,6
Kanta-Häme	942	846 502	0,3
North Karelia	885	838 793	-1,7
Etelä-Savo	887	553 585	62,1
Cenrtal Ostrobothnia	439	351 559	519,6
Kainuu	366	153 021	46,5
Åland	182	96 054	12,5
Unknown	85	2 283	519,6
Total	27 412	30 634 094	4,0

* Preliminary data

The gross value of production measures the actual production output of an establishment. Operating activities include all production output, also production for own use and production for the enterprise’s other establishments. Gross value excludes transfer gains from fixed assets, which are not seen as a production item but as windfall profit. Additionally, the purchases of goods for resale are deducted from the profits of operating activities, so that operating activities only include the margin created by sales of goods for resale.

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. Profits include also deliveries from an establishment to the enterprise's other establishments, and costs include also purchases from the enterprise’s other establishments. According to the definition, costs exclude the costs related to the establishment's personnel.

Regional statistics on entrepreneurial activity include data about the establishments of enterprises operating in Finland by industry, area and size category. The statistical data are released twice a year in September and December. The preliminary statistics that are published in the autumn have a less extensive content and focus on manufacturing industries, that include TOL B Mining and quarrying, TOL C Manufacturing, TOL D Electricity, gas and water supply, TOL E Water supply; sewerage, waste management and remediation activities.

Source: Regional statistics on entrepreneurial activity 2015, Statistics Finland

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

Director in charge: Mari Ylä-Jarkko

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Updated 29.9.2016

Referencing instructions:

Official Statistics of Finland (OSF): Regional statistics on entrepreneurial activity [e-publication].
ISSN=2342-6268. 2015. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/alyr/2015/alyr_2015_2016-09-29_tie_001_en.html