Finland - 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

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts