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Published: 24 January 2019

Metal industry the growth engine for manufacturing in several regions in 2017

The output of manufacturing (TOL B to E) establishments grew faster than services (TOL H to S), trade (TOL G) and construction (TOL F) in 2017. The gross value of industrial output was EUR 129 billion, up by EUR 11 billion from the previous year. One-half of the growth, around EUR six billion, was produced by the biggest industry of manufacturing, the metal industry (TOL 24 to 30, 33). Examined by region, the metal industry accounted for over one-half of the growth figures for manufacturing in several regions.

Growth in gross value of output by region in 2017

In 2017, the number of enterprises operating in Finland was 365,000, which had over 400,000 establishments. The combined gross value of output of establishments was EUR 309 billion. Output grew by EUR 25 billion or nine per cent year-on-year. One year earlier, output grew by EUR nine billion and then the growth was three per cent compared with 2015.

After excluding production costs from the gross value of output, the value added of establishments totalled EUR 110.5 billion. The value added grew by EUR seven billion from the previous year, that is, the growth was seven per cent. One year earlier, it was five per cent.

Growth in the value added of output in regions in 2017

The combined number of personnel in establishments was 1.45 million converted into full-time employees. The number of personnel grew in total by around 23,000 staff-years. About one-half of establishments were in services, and the number of personnel there grew by 18,000.

Most service personnel worked in administrative and support service activities (TOL N). The industry comprises rental and leasing activities, employment activities, travel agency activities and office administrative, office support and other business support activities.

Number of personnel in services (converted into full-time employees) for 2017 and 2016

Change in the data source influenced the gross value of output in real estate activities in 2017

Due to a change in the data source, the gross value of output in real estate activities in 2017 is not comparable with 2016. On the enterprise level, income from real estate activities can now be examined in more detail and it can be better allocated to real estate establishments. The gross value of output in real estate activities was EUR 12.6 billion in 2017. The figure comprises an increase of EUR two billion caused by the data content change. The effect was reflected in the service industries, in which real estate activities are included, as well as in the gross value of output in the whole country.

Gross value of output in service industries by region in 2017

Gross value	Service (TOL H-S) EUR Mil.	Service industries (TOL H-S), excl. real estate activities EUR Mil.
Uusimaa	57 265	50 314
Pirkanmaa	8 267	7 369
Southwest Finland	7 215	6 264
North Ostrobothnia	5 029	4 475
Central Finland	3 628	3 203
North Savo	2 638	2 335
Kymenlaakso	2 594	2 437
Satakunta	2 546	2 235
Päijät-Häme	2 348	2 035
Lapland	2 223	1 991
Ostrobothnia	2 047	1 846
South Ostrobothnia	1 975	1 676
Kanta-Häme	1 682	1 478
North Karelia	1 498	1 281
South Karelia	1 394	1 185
South Savo	1 325	1 141
Åland	1 055	1 001
Central Ortrobothnia	863	791
Kainuu	707	622
Unknown	45	43
All Total	106 344	93 723

Source: Regional statistics on entrepreneurial activity 2017, Statistics Finland

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

Director in charge: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Number of establishments, number of personnel, gross value and added value of output by industry for 2017 and 2016 (24.1.2019)

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Updated 24.01.2019