Published: 5 December 2018
Food industry had the biggest relative production impacts in 2015
According to Statistics Finland's input-output statistics, industry 10_12 Food industry, etc. had the biggest relative total impacts on the production of Finland's national economy in 2015. According to inverse matrix coefficients, the total impact of an increase of EUR one million in the final use of products produced by the industry (consumption expenditure + gross fixed capital formation + exports) on the production of the whole economy was EUR 2.25 million in 2015. Industries 01 Agriculture and hunting and 16 Woodworking industry had the next biggest total impacts.
The total impact of an increase of EUR one million in the final use of products produced by the industry on the production of the entire economy in 2015
The total effect on the value of production is formed of direct and indirect impacts. Direct impact is the direct impact of an increase of EUR one million in the final use demand of the product on the industry's production. In indirect impacts, account is taken of the multiplier impacts of an increase in the final use demand through inputs bought from other industries on the production of other industries. For example, as the exports of products produced by industry 10_12 Food industry, etc. grows by EUR one million, the direct impact on the industry's production is EUR one million and the indirect impacts are EUR 1.25 million.
Statistics Finland publishes annually the supply and use tables describing product flows in the national economy, and the input-output and analysis tables derived from them. The data published now concern the year 2015. Tables concerning 2016 will be published in November 2019.
Source: Input-output 2015, Statistics Finland.
Inquiries: Markku Räty 029 551 2647, Ville Lindroos 029 551 3323, Merja Myllymäki 029 551 3533, kansantalous@stat.fi
Director in charge: Ville Vertanen
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Updated 5.12.2018
Official Statistics of Finland (OSF):
Input-output [e-publication].
ISSN=1799-201X. 2015. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/pt/2015/pt_2015_2018-12-05_tie_001_en.html