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Published: 9 July 2009

Net stock of fixed capital stood at EUR 491 billion in 2008

According to Statistics Finland, the net stock of fixed capital in the economy grew by 2.0 per cents in 2008. The value of the capital stock was EUR 491.2 billion. The nominal growth of the capital stock was 6.6 per cent, or EUR 30.6 billion from the year before. In 2007 the capital stock stood at EUR 461 billion. The share of residential buildings of the capital stock was 41.0 per cent and that of non-residential buildings and civil engineering structures was 43.5 per cent. Machinery, equipment and transport equipment made up 13.1 per cent and intangible fixed capital as well as major improvements to land, etc., made up 2.4 per cent of the fixed capital in the economy.

The share of machinery, equipment and transport equipment of the capital stock has contracted from 19 per cent to 13 per cent in ten years. The share of buildings and intangible fixed capital has grown correspondingly. Consumption of fixed capital, or decrease in the value of capital, amounted to EUR 28,6 billion in 2008. The share of machinery, equipment and transport equipment of the consumption decreased again and was 28.1 per cent.

The capital stock consists of fixed capital used in production, that is, investments made.

Net stock of fixed capital by type of asset 1997–2008*, at current prices

Source: Capital stock 2008. Statistics Finland

Inquiries: Päivi Väisänen (09) 1734 3312

Director in charge: Ari Tyrkkö

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• Net stock of fixed capital 1997-2008*, EUR million, at current prices (9.7.2009)
• Net stock of fixed capital 1997-2008*, EUR million, at year 2000 prices (9.7.2009)

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Updated 9.7.2009