Home > Statistics > Quarterly sector accounts > 2013 > 3rd quarter > Profit share of non-financial corporations grew, investments contracted

Published: 19 December 2013

Profit share of non-financial corporations grew, investments contracted

Non-financial corporations' profit share grew compared with the previous quarter as expenditure on wages and salaries increased less than value added. The investment rate of non-financial corporations continued declining. Households' saving rate was at the same level as in the previous quarter. Adjusted disposable income describing households' economic well-being grew very little in real terms from the corresponding quarter last year. These data derive from Statistics Finland’s quarterly sector accounts.

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

In the third quarter of 2013, the profit share of non-financial corporations, or the share of profits in value added, grew by good one percentage point to 23.2 per cent from the previous quarter. The investment rate of non-financial corporations, or the proportion of investments in value added, fell by one and a half percentage point to 21.2 per cent. The key figures were calculated from seasonally adjusted time series.

Households' saving rate was 2.9 per cent in the third quarter of 2013. In the previous quarter, the figure was 3.1 per cent. Saving rate refers to the proportion of savings in disposable income. In the third quarter, the investment rate of households accounted for 11.9 per cent of disposable income, which was close to the level seen in the previous quarter. Most of households' investments were investments in dwellings.

Household adjusted disposable income grew in real terms by 0.6 per cent from the respective quarter of the year before. 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.

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.

Source: Sector accounts, Statistics Finland

Inquiries: Jesse Vuorinen 09 1734 3363, Katri Soinne 09 1734 2778, kansantalous.suhdanteet@stat.fi

Director in charge: Leena Storgårds

Publication in pdf-format (446.4 kB)

Reviews

• 1. Sector-specific review on the data for the third quarter of 2013 (19.12.2013)

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 (19.12.2013)
• Appendix table 2. Key indicators from sector accounts (seasonally adjusted) (19.12.2013)
• Appendix table 3. Volume development of household adjusted disposable income (19.12.2013)

Figures

• Appendix figure 1. Financial corporations' interest income and interest expenses (19.12.2013)

Revisions in these statistics

• Revisions in these statistics (19.12.2013)

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Updated 19.12.2013