Finland - Other manufacturing (% of value added in manufacturing)

The value for Other manufacturing (% of value added in manufacturing) in Finland was 50.79 as of 2019. As the graph below shows, over the past 56 years this indicator reached a maximum value of 62.05 in 2015 and a minimum value of 48.81 in 2014.

Definition: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Other manufacturing, a residual, covers wood and related products (ISIC division 20), paper and related products (ISIC divisions 21 and 22), petroleum and related products (ISIC division 23), basic metals and mineral products (ISIC division27), fabricated metal products and professional goods (ISIC division 28), and other industries (ISIC divisions 25, 26, 31, 33, 36, and 37). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing.

Source: United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.

See also:

Year Value
1963 51.63
1964 52.32
1965 52.50
1966 51.98
1967 51.28
1968 53.63
1969 55.60
1970 55.29
1971 53.46
1972 52.66
1973 56.62
1974 57.51
1975 51.68
1976 49.81
1977 52.71
1978 54.45
1979 58.29
1980 58.00
1981 55.78
1982 54.34
1983 56.77
1984 56.96
1985 55.49
1986 55.58
1987 56.25
1988 58.37
1989 60.74
1990 58.45
1991 55.09
1992 54.57
1993 55.55
1994 56.82
1995 57.82
1996 54.76
1997 55.51
1998 54.28
1999 53.07
2000 53.95
2001 50.71
2002 51.92
2003 50.20
2004 53.02
2005 52.33
2006 54.13
2007 49.81
2008 50.16
2009 49.54
2010 49.29
2011 56.87
2012 59.05
2013 56.92
2014 48.81
2015 62.05
2016 49.82
2017 49.79
2018 50.37
2019 50.79

Development Relevance: Firms typically use multiple processes to produce a product. For example, an automobile manufacturer engages in forging, welding, and painting as well as advertising, accounting, and other service activities. Collecting data at such a detailed level is not practical, nor is it useful to record production data at the highest level of a large, multiplant, multiproduct firm. The ISIC has therefore adopted as the definition of an establishment "an enterprise or part of an enterprise which independently engages in one, or predominantly one, kind of economic activity at or from one location . . . for which data are available . . ." (United Nations 1990). By design, this definition matches the reporting unit required for the production accounts of the United Nations System of National Accounts. The ISIC system is described in the United Nations' International Standard Industrial Classification of All Economic Activities, Third Revision (1990). The discussion of the ISIC draws on Ryten (1998).

Limitations and Exceptions: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

Statistical Concept and Methodology: The data on the distribution of manufacturing value added by industry are provided by the United Nations Industrial Development Organization (UNIDO). UNIDO obtains the data from a variety of national and international sources, including the United Nations Statistics Division, the World Bank, the Organisation for Economic Co-operation and Development, and the International Monetary Fund. To improve comparability over time and across countries, UNIDO supplements these data with information from industrial censuses, statistics from national and international organizations, unpublished data that it collects in the field, and estimates by the UNIDO Secretariat. Nevertheless, coverage may be incomplete, particularly for the informal sector. When direct information on inputs and outputs is not available, estimates may be used, which may result in errors in industry totals. Moreover, countries use different reference periods (calendar or fiscal year) and valuation methods (basic or producer prices) to estimate value added.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts