Finland - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Finland was 106,753 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 109,865 in 2017 and 49,211 in 1991.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 49,211
1992 52,577
1993 56,044
1994 59,217
1995 60,909
1996 65,228
1997 68,738
1998 70,132
1999 72,752
2000 78,011
2001 79,938
2002 81,623
2003 85,886
2004 92,521
2005 94,294
2006 100,941
2007 107,032
2008 105,011
2009 93,387
2010 104,355
2011 104,628
2012 97,160
2013 97,458
2014 101,081
2015 103,059
2016 104,463
2017 109,865
2018 103,657
2019 106,753

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Finland was $64,772,800,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $84,466,960,000 in 2008 and $10,458,790,000 in 1975.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $10,458,790,000
1976 $10,846,520,000
1977 $11,221,580,000
1978 $12,192,910,000
1979 $15,256,990,000
1980 $18,262,670,000
1981 $17,613,670,000
1982 $17,287,530,000
1983 $16,616,140,000
1984 $16,947,960,000
1985 $17,279,350,000
1986 $22,151,070,000
1987 $27,915,600,000
1988 $32,813,080,000
1989 $36,175,700,000
1990 $41,332,610,000
1991 $33,877,370,000
1992 $29,548,710,000
1993 $24,051,210,000
1994 $29,153,100,000
1995 $39,573,800,000
1996 $38,106,390,000
1997 $36,838,850,000
1998 $40,921,230,000
1999 $41,168,810,000
2000 $39,809,550,000
2001 $40,085,690,000
2002 $42,275,660,000
2003 $50,687,300,000
2004 $58,005,650,000
2005 $59,932,800,000
2006 $65,650,240,000
2007 $78,631,170,000
2008 $84,466,960,000
2009 $65,048,470,000
2010 $65,245,150,000
2011 $68,986,690,000
2012 $60,385,070,000
2013 $63,286,150,000
2014 $63,486,390,000
2015 $54,660,150,000
2016 $56,574,930,000
2017 $62,379,860,000
2018 $66,159,430,000
2019 $64,116,780,000
2020 $64,772,800,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Finland was 56,709,000,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 57,431,000,000 in 2008 and a minimum value of 6,470,855,000 in 1975.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 6,470,855,000
1976 7,049,151,000
1977 7,604,866,000
1978 8,443,593,000
1979 9,994,854,000
1980 11,458,000,000
1981 12,784,000,000
1982 14,015,000,000
1983 15,566,000,000
1984 17,131,000,000
1985 18,012,000,000
1986 18,886,000,000
1987 20,638,000,000
1988 23,084,000,000
1989 26,108,000,000
1990 26,581,000,000
1991 23,040,000,000
1992 22,262,000,000
1993 23,106,000,000
1994 25,611,000,000
1995 29,063,000,000
1996 29,441,000,000
1997 32,164,000,000
1998 36,780,000,000
1999 38,628,000,000
2000 43,102,000,000
2001 44,757,000,000
2002 44,709,000,000
2003 44,810,000,000
2004 46,632,000,000
2005 48,174,000,000
2006 52,286,000,000
2007 57,375,000,000
2008 57,431,000,000
2009 46,637,000,000
2010 49,215,000,000
2011 49,561,000,000
2012 47,000,000,000
2013 47,651,000,000
2014 47,788,000,000
2015 49,265,000,000
2016 51,111,000,000
2017 55,219,000,000
2018 56,022,000,000
2019 57,274,000,000
2020 56,709,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Finland was 58,516,820,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between 69,012,810,000 in 2007 and 24,807,400,000 in 1976.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 25,619,130,000
1976 24,807,400,000
1977 24,986,300,000
1978 25,441,450,000
1979 26,789,280,000
1980 28,687,560,000
1981 28,967,160,000
1982 29,529,690,000
1983 30,559,310,000
1984 30,780,110,000
1985 31,794,200,000
1986 32,426,620,000
1987 33,741,400,000
1988 35,623,130,000
1989 38,370,280,000
1990 38,173,900,000
1991 34,199,630,000
1992 33,214,380,000
1993 32,818,280,000
1994 34,225,140,000
1995 34,546,900,000
1996 36,678,280,000
1997 40,144,400,000
1998 43,403,030,000
1999 45,735,230,000
2000 50,125,570,000
2001 50,671,450,000
2002 52,097,180,000
2003 53,828,020,000
2004 56,490,850,000
2005 58,617,790,000
2006 63,711,560,000
2007 69,012,810,000
2008 67,258,670,000
2009 55,210,470,000
2010 59,701,780,000
2011 59,766,130,000
2012 55,184,950,000
2013 54,896,480,000
2014 54,361,690,000
2015 54,660,150,000
2016 56,772,670,000
2017 60,289,820,000
2018 58,865,210,000
2019 59,280,160,000
2020 58,516,820,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Finland was -1.29 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 9.60 in 2000 and a minimum value of -17.91 in 2009.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1976 -3.17
1977 0.72
1978 1.82
1979 5.30
1980 7.09
1981 0.97
1982 1.94
1983 3.49
1984 0.72
1985 3.29
1986 1.99
1987 4.05
1988 5.58
1989 7.71
1990 -0.51
1991 -10.41
1992 -2.88
1993 -1.19
1994 4.29
1995 0.94
1996 6.17
1997 9.45
1998 8.12
1999 5.37
2000 9.60
2001 1.09
2002 2.81
2003 3.32
2004 4.95
2005 3.77
2006 8.69
2007 8.32
2008 -2.54
2009 -17.91
2010 8.13
2011 0.11
2012 -7.67
2013 -0.52
2014 -0.97
2015 0.55
2016 3.86
2017 6.20
2018 -2.36
2019 0.70
2020 -1.29

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Finland was 52,741,000,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 62,201,000,000 in 2007 and a minimum value of 22,358,820,000 in 1976.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 23,090,430,000
1976 22,358,820,000
1977 22,520,070,000
1978 22,930,290,000
1979 24,145,080,000
1980 25,856,000,000
1981 26,108,000,000
1982 26,615,000,000
1983 27,543,000,000
1984 27,742,000,000
1985 28,656,000,000
1986 29,226,000,000
1987 30,411,000,000
1988 32,107,000,000
1989 34,583,000,000
1990 34,406,000,000
1991 30,824,000,000
1992 29,936,000,000
1993 29,579,000,000
1994 30,847,000,000
1995 31,137,000,000
1996 33,058,000,000
1997 36,182,000,000
1998 39,119,000,000
1999 41,221,000,000
2000 45,178,000,000
2001 45,670,000,000
2002 46,955,000,000
2003 48,515,000,000
2004 50,915,000,000
2005 52,832,000,000
2006 57,423,000,000
2007 62,201,000,000
2008 60,620,000,000
2009 49,761,000,000
2010 53,809,000,000
2011 53,867,000,000
2012 49,738,000,000
2013 49,478,000,000
2014 48,996,000,000
2015 49,265,000,000
2016 51,169,000,000
2017 54,339,000,000
2018 53,055,000,000
2019 53,429,000,000
2020 52,741,000,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Finland was 24.03 as of 2020. Its highest value over the past 45 years was 35.49 in 1975, while its lowest value was 23.10 in 2014.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 35.49
1976 34.06
1977 33.50
1978 33.63
1979 34.31
1980 34.04
1981 33.58
1982 32.74
1983 32.60
1984 32.04
1985 30.92
1986 30.12
1987 30.48
1988 30.09
1989 30.40
1990 29.22
1991 26.51
1992 26.26
1993 26.96
1994 28.22
1995 29.49
1996 28.84
1997 29.03
1998 30.53
1999 30.44
2000 31.59
2001 30.95
2002 30.11
2003 29.53
2004 29.37
2005 29.25
2006 30.24
2007 30.67
2008 29.56
2009 25.66
2010 26.16
2011 25.03
2012 23.38
2013 23.32
2014 23.10
2015 23.31
2016 23.50
2017 24.40
2018 24.00
2019 23.88
2020 24.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts