Official Statistics of Finland

Turnover of service industries

Producer: Statistics Finland

Latest release:
Turnover and output in services grew in July
14 Sep 2021
According to Statistics Finland, working day adjusted turnover in service industries grew by 12.5 per cent in July 2021 from July 2020. Service output or volume, from which the impact of prices has been eliminated, grew by 11.2 per cent over the same period. In this years June, turnover reached a growth of 14.3 per cent, while volume went up by 11.4 per cent from one year back. The development was partly due to the exceptional situation caused by the coronavirus one year earlier. Services are here examined exclusive of trade.

Description: The index of turnover of service industries describes development in the turnover of service branch enterprises (excluding trade). Turnover for the largest enterprises in their respective industries is described with the data collected with the sales inquiry while the data on sales obtained from the Tax Administration's self-assessed tax data are exploited to describe the turnover of other enterprises. Turnover is exclusive of value added tax. In addition, a volume index is produced on service industries, from which the impact of prices has been eliminated.
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Keywords: business cycles, economic fluctuation, indices, industries, producer price index for services, producer prices, services, turnover, volume index.
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Change: Industries of enterprises have been revised in the data released in February
15 Feb 2021
Starting from statistical release published in February 2021 the latest industries defined by the Business Register have been taken into use in the turnover and wage and salary indices.

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of service industries [e-publication].
ISSN=1799-0998. Helsinki: Statistics Finland [referred: 25.9.2021].
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