Home > Statistics > Quarterly sector accounts > 2019 > 1st quarter > Profit share of non-financial corporations sector grew in the first quarter of 2019

Published: 20 June 2019

Profit share of non-financial corporations sector grew in the first quarter of 2019

Households’ saving rate improved slightly in January to March from the previous quarter. The saving rate calculated from seasonally adjusted data improved, even though disposable income declined slightly because households' consumption expenditure decreased more compared with the previous quarter. Households’ investment rate remained unchanged. The profit share of the non-financial corporations sector improved compared to the previous quarter as the sector's value added grew faster than compensation of employees paid. The investment rate of non-financial corporations grew slightly from the previous quarter. These data derive from Statistics Finland’s quarterly sector accounts.

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

In January to March, households' saving rate grew by 1.2 percentage points to 1.2 per cent. The saving rate refers to the share of households’ savings of disposable income. Households’ investment rate grew slightly and stood at 12.8 per cent. Most of households' investments are investments in dwellings. Households' adjusted disposable income adjusted for price changes grew by 1.6 per cent from the corresponding quarter in 2018. 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.

In the first quarter of 2019, the profit share of non-financial corporations, or the share of operating surplus describing profits in value added, stood at 31.7 per cent, which is 1.7 percentage points higher than in the previous quarter. The investment rate of-financial corporations, or the proportion of investments in value added, increased by 0.3 percentage points to 26.1 per cent.

The key figures were calculated from seasonally adjusted time series. 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: Jarkko Kaunisto 029 551 3551, Katri Soinne 029 551 2778, kansantalous.suhdanteet@stat.fi

Director in charge: Ville Vertanen

Publication in pdf-format (424.2 kB)

Reviews

• Sector-specific review on the data for the first quarter of 2019 (20.6.2019)

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 (time series unadjusted for seasonal variation) (20.6.2019)
• Appendix table 2. Key indicators from sector accounts (seasonally adjusted) (20.6.2019)
• Appendix table 3. Volume development of household adjusted disposable income (20.6.2019)

Figures

• Appendix figure 1. Volume development of households adjusted disposable income (20.6.2019)
• Appendix figure 2. Households saving rate (20.6.2019)
• Appendix figure 3. Households investment rate (20.6.2019)
• Appendix figure 4. Non - financial corporations profit share (20.6.2019)
• Appendix figure 5. Non - financial corporations investment rate (20.6.2019)

Revisions in these statistics

• Revisions in these statistics (20.6.2019)

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Updated 20.6.2019