Culture satellite accounts

Producer: Statistics Finland

Latest release:
Share of culture in the economy decreased slightly in 2018
07 Oct 2020
According to the latest calculations of the culture satellite, the share of culture in the economy has decreased slightly compared to the previous year, that is, the share in GDP was 3.3 per cent in 2018 (3.4 per cent in 2017). The calculations are compiled at such a long delay because they are done only when the calculations of the National Accounts have been compiled at the most detailed level. The figures published in autumn 2019 took into account both the time series revision made at that time and the industry change of some enterprises in the games industry, and the calculations compiled now continue this time series.

Description: Culture Satellite Accounts are a statistical system which aims at describing the economic contribution of culture. So far, there is no internationally agreed on method for producing culture satellite, but the culture satellite compiled in Finland largely follows the same methods that are used in Travel and Tourism Satellite Accounts, which have been developed in international co-operation. Culture Satellite Accounts have been compiled in different countries, and the actual method is mostly similar but, for instance, the industry selection varies between different countries so the results from different countries are not directly comparable. Culture Satellite Accounts are also called culture satellite.
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Keywords: national accounts, culture, culture satellite accounts.
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Referencing instructions:

Statistics: Culture satellite accounts [e-publication].
ISSN=2323-9905. Helsinki: Statistics Finland [referred: 17.9.2021].
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