Home > Statistics > Quarterly sector accounts > 2019 > 3rd quarter > Profit share of the non-financial corporations sector continued growing in the third quarter of 2019

Published: 20 December 2019

Profit share of the non-financial corporations sector continued growing in the third quarter of 2019

The profit share of the non-financial corporations sector grew from the previous quarter and stood at 33.6 per cent. The investment rate of non-financial corporations continued declining. Households’ saving rate decreased from the previous quarter. The saving rate calculated from seasonally adjusted data decreased as disposable income grew relatively more than consumption expenditure. Households’ investment rate did not change. These data derive from Statistics Finland’s quarterly sector accounts.

Key indicators for households and non-financial corporations, seasonally adjusted

In July to September, households’ saving rate decreased from the previous quarter by 0.6 percentage points to 2.6 per cent. The saving rate refers to the share of households’ savings of disposable income. Households’ investment rate was the same as last year, 13.5 per cent. Most of households' investments are investments in dwellings. Households' adjusted disposable income adjusted for price changes grew by 6.8 per cent from the corresponding quarter in 2018. The clear growth in adjusted disposable income was especially affected by a change in the tax rebate policy so that payment of tax rebates started gradually in July. Adjusted income is the indicator recommended by the OECD for evaluating the economic well-being of households. Adjusted disposable income is derived by adding individual services produced by the public sector, such as education, health and social services, to the disposable income of households.

In the third quarter of 2019, the profit share of non-financial corporations, or the share of profits in value added, grew from the previous quarter by 0.5 percentage points to 33.6 per cent. The investment rate of non-financial corporations, or the proportion of investments in value added, fell by 0.4 percentage points to 25.9 per cent.

The key figures were calculated from seasonally adjusted time series. Sector accounts are calculated only at current prices. However, a volume indicator describing the development adjusted for price changes is calculated for households' adjusted disposable income in a separate Appendix table. The profit share, saving rate and investment rate are calculated from net figures, which means that consumption of fixed capital is taken into account. Households do not include non-profit institutions serving households.

You can read more about sector-specific development in the statistical review: http://stat.fi/til/sekn/kat_en.html

Source: Sector accounts, Statistics Finland

Inquiries: Jarkko Kaunisto 029 551 3551, Katri Soinne 029 551 2778, kansantalous.suhdanteet@stat.fi

Director in charge: Ville Vertanen

Publication in pdf-format (446.4 kB)

Reviews

• Sector-specific review on the data for the third quarter of 2019 (20.12.2019)

Tables

Tables in databases

Pick the data you need into tables, view the data as graphs, or download the data for your use.

• Database tables and their variables
• Archived tables

Appendix tables

• Appendix table 1. Key indicators from sector accounts (time series unadjusted for seasonal variation) (20.12.2019)
• Appendix table 2. Key indicators from sector accounts (seasonally adjusted) (20.12.2019)
• Appendix table 3. Volume development of household adjusted disposable income (20.12.2019)

Figures

• Appendix figure 1. Volume development of households adjusted disposable income (20.12.2019)
• Appendix figure 2. Households saving rate (20.12.2019)
• Appendix figure 3. Households investment rate (20.12.2019)
• Appendix figure 4. Non - financial corporations profit share (20.12.2019)
• Appendix figure 5. Non - financial corporations investment rate (20.12.2019)

Revisions in these statistics

• Revisions in these statistics (20.12.2019)

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Updated 20.12.2019