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Published: 29 September 2017

Value added in manufacturing grew by a few per cent in 2016

According to Statistics Finland’s preliminary data, the total value added of output for manufacturing (TOL C) establishments was EUR 27 billion in 2016. It grew by two per cent from the previous year. The development of value added varied much between different industries of manufacturing. The growth was most significant in the chemical industry.

Value added in manufacturing EUR mil. in 2016*

Value added in manufacturing EUR mil. in 2016*
* Preliminary data

The metal industry is the biggest sector of manufacturing. Its share of the number of establishments, employees and value added of output was one half in the whole country. In the regions, the share of the metal industry in manufacturing varied between 19 and 74 per cent.

The combined gross value of output for manufacturing (TOL C) establishments was EUR 104 billion in 2016. It was nearly the same as one year earlier.

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 preliminary statistics cover the industries of manufacturing.


Source: Regional statistics on entrepreneurial activity 2016, Statistics Finland

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

Director in charge: Sami Saarikivi

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Updated 29.9.2017

Referencing instructions:

Official Statistics of Finland (OSF): Regional statistics on entrepreneurial activity [e-publication].
ISSN=2342-6268. 2016. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/alyr/2016/alyr_2016_2017-09-29_tie_001_en.html