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Published: 23 November 2017

Value of industrial output EUR 78 billion in 2016

According to Statistics Finland's statistics on industrial output, the value of the sold output of manufacturing industry (branches B and C) was around EUR 78 billion in 2016. The value increased by less than one per cent from the previous year. The metal industry had a share of 41 per cent in total value of sold output, the chemical industry 21 per cent, the forest industry 20 per cent, and the food industry 11 per cent. The industries are broken down into more specific subcategories in Appendix table 1.

Value of sold industrial output based on the industrial activity indicated by PRODCOM headings in 2016

	Value of sold industrial production (million euro)	Proportion of industrial production (%)	Change of annual value (%)
Manufacturing industries in aggregate	78,125	100.0	0.7
B Mining and quarrying	1,226	1.6	5.3
C Manufacturing	76,900	98.4	0.6
10-12 Manufacture of food products, beverages and tobacco	8,424	10.8	-0.3
13-15 Manufacture of textiles, wearing apparel, leather and leather related products	510	0.7	1.5
16-17 Forest industry	15,934	20.4	2.9
19-22 Chemical industry	16,233	20.8	-0.0
24-30, 33 Metal industry	31,865	40.8	-0.2
18, 23, 31, 32 Other manufacturing	3,935	5.0	2.7

The data in the statistics on industrial output for 2016 were updated in the StatFin data service on 23/11/2017. The data for 2015 and 2014 have also been updated. The statistics contain data on the value and volume of sold domestic output by commodity heading as well as data on the volume of total domestic output. The service has data available from 1998 onwards. The data are collected annually from enterprises or establishments in the industries of Mining and Quarrying B and Manufacturing C.

Source: Industrial output 2016, Statistics Finland

Inquiries: Tiina Sevón 029 551 3711, Ritva Tikkanen 029 551 3300, Ilkka Kallio 029 551 2486, hyodyke.tilastot@stat.fi

Director in charge: Sami Saarikivi

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Appendix tables

• Appendix table 1. Value of sold industrial output based on the industrial activity indicated by PRODCOM headings, 2014-2016 (23.11.2017)

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Updated 23.11.2017