Published: 28 January 2011
According to revised capital stock data of Statistics Finland, the net stock of fixed capital in the economy decreased by 1.1 percentage points in 2009. The revision only altered data on local government slightly due to corrected information on investments. The value of the capital stock was EUR 513.6 billion. The nominal net capital stock contracted by EUR 5.6 billion from the year before. In 2008 the value of the net stock of fixed capital amounted to EUR 519.2 billion.
Net stock of fixed capital by type of asset 1998–2009, EUR million at current prices
The share of residential buildings of the capital stock was 43.4 per cent and that of non-residential buildings and civil engineering structures was 40.9 per cent. Machinery, equipment and transport equipment made up 13.6 per cent and intangible fixed capital as well as major improvements to land made up 2.1 per cent of the fixed capital in the economy.
The share of machinery, equipment and transport equipment of the capital stock has contracted by four per cent in ten years. The share of buildings and intangible fixed capital has grown correspondingly.
Consumption of fixed capital, or decrease in the value of capital, amounted to EUR 29.1 billion in 2009. The share of machinery, equipment and transport equipment of the consumption grew from the year before and was 30.6 per cent.
The capital stock consists of fixed capital used in production, that is, investments made.
Source: Capital stock 2009. Statistics Finland
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