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Profitability of enterprises weakened particularly in service industries and construction measured by operating margin in 2022

Release related to topics:Enterprises
release | Structural business and financial statement statistics 2022

Change

The group of statistical units of non-profit institutions serving households published in connection with the structural business and financial statement statistics is extended starting from the statistical reference year 2022. Limitations concerning the operating time and size of institutions have been removed from the definition of statistical units.
Read more about the change

Change

The revision table of The structural business and financial statement statistics will be published on 12 January 2024.
Read more about the change

According to Statistics Finland, enterprises' profitability weakened measured by operating margin in all main industries, particularly in service industries and in construction. Profitability decreased most in service industries (TOL H to S excl. K), where the operating margin percentage went down from 13.5 to 10.7 per cent. The operating margin percentage of construction (TOL F) fell from 6.2 to 4.4 per cent. In manufacturing (TOL B to E) and trade (TOL G), profitability remained almost on level with the previous year, as the operating margin percentage fell by close on half a percentage point.

Key selections

  • Measured by operating margin, profitability weakened most in service industries (TOL H to S) in 2022.
  • The development of enterprises was particularly affected by the decline of the coronavirus, Russia's attack on Ukraine, inflation and risen interest rates.
  • The figures in the release are based on enterprise unit level data from which items between legal units belonging to the enterprise unit have been removed.
  • Figures based on legal units can be found in their own database tables.

Change

The group of statistical units of non-profit institutions serving households published in connection with the structural business and financial statement statistics is extended starting from the statistical reference year 2022. Limitations concerning the operating time and size of institutions have been removed from the definition of statistical units.
Read more about the change

Change

The revision table of The structural business and financial statement statistics will be published on 12 January 2024.
Read more about the change

Database tables

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

Updated database tables
13w1
Classifications used:
  • Size category of personnel
  • TOL 2008
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
13w2
Classifications used:
  • Industry (TOL 2008)
  • Size category of enterprise by EU definition
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
13w3
Classifications used:
  • TOL 2008
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
13w5
Classifications used:
  • Size category of personnel
  • TOL 2008
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
13w4
Classifications used:
  • Size category of turnover
  • TOL 2008
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
13w6
Classifications used:
  • TOL 2008
  • Legal form
Reference period cycle:
year
Updating frequency:
year
Statistics:
Updated:
13w8
Classifications used:
  • TOL 2008
  • Sector category
Reference period cycle:
year
Updating frequency:
year
Statistics:
Updated:
13w7
Classifications used:
  • Type of owner
  • TOL 2008
Reference period cycle:
year
Updating frequency:
year
Statistics:
Updated:
13w9
Classifications used:
  • TOL 2008
  • Belongs to the enterprise group
Reference period cycle:
year
Updating frequency:
year
Statistics:
Updated:
13vx
Classifications used:
  • Industry (TOL 2008)
  • Size category of enterprise by EU definition
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
13vy
Classifications used:
  • TOL 2008
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
13vz
Classifications used:
  • Size category of turnover
  • TOL 2008
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
New database tables
13wa
Classifications used:
  • TOL 2008
Reference period cycle:
year
Updating frequency:
year
Statistics:
Updated:
13wb
Classifications used:
Reference period cycle:
year
Updating frequency:
year
Statistics:
Updated:

Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Structural business and financial statement statistics [online publication].
Reference period: 2022. ISSN=2342-6233. Helsinki: Statistics Finland [Referenced: 5.11.2024].
Access method:

Statistical experts

Inquiries primarily

Service email
rakenne.tilastot@stat.fi
Milka Suomalainen
Senior Statistician
029 551 3621

Other experts

Mira Kuussaari
Senior Statistician
029 551 3538
External link Twitter@MiKuussaari

Head of Department in charge

Katri Kaaja
Head of Department in charge
029 551 3488