A more recent publication of this set of statistics is available.

Latest publication: Quarterly sector accounts 2019, 1st quarter

Published: 24 June 2015

Profits in the non-financial corporations sector weakened in the first quarter of 2015

Profit share of the non-financial corporations sector weakened compared with the previous quarter due to depressed added value in the sector and increased expenditure on wages and salaries. The investment rate of non-financial corporations was almost the same as in the previous quarter. The saving rate of the household sector decreased in the first quarter as consumption expenditure exceeded the disposable income. Adjusted disposable income describing households' economic well-being grew slightly year-on-year. These data derive from Statistics Finland’s quarterly sector accounts.

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

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

In the first quarter of 2015, the profit share of non-financial corporations, or the share of profits in value added, weakened by good two percentage points to 21.2 per cent. The investment rate of non-financial corporations, or the proportion of investments in value added, was only slightly higher than in the previous quarter at 23.5 per cent. The key figures were calculated from seasonally adjusted time series.

Households' saving rate was -0.3 per cent in the first quarter of 2015. In the previous quarter, the figure was 0.2 per cent. The saving rate refers to the proportion of savings in disposable income. In the first quarter, the investment rate of households accounted for 10.6 per cent of disposable income, which was almost the same as in the previous quarter. Most of households' investments were investments in dwellings.

Households' adjusted disposable income grew from the corresponding quarter in 2014 by 1.5 per cent adjusted for price changes. 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 029 551 3363, Katri Soinne 029 551 2778, kansantalous.suhdanteet@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 24.6.2015

Referencing instructions:

Official Statistics of Finland (OSF): Quarterly sector accounts [e-publication].
ISSN=2243-4992. 1st quarter 2015. Helsinki: Statistics Finland [referred: 16.7.2019].
Access method: http://www.stat.fi/til/sekn/2015/01/sekn_2015_01_2015-06-24_tie_001_en.html