General Economic Indicators

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Statistics data

Last year of update - 2021. Depth of presentation - 2017–2021
Sources: Statistics Finland, FinnishCustoms, Association of Finnish Municipalities, Finnish Tax Administration, National land survey of Finland,  City of Helsinki, Eurostat, World Bank, Business Finland

See in tabular form

Population (2020)

80 677 MEUR
Gross value added at basic prices (2020)
39,5% Gross value added at basic prices (2020)
25 374 MEUR
Investments in fixed assets (2019)
44,4% Investments in fixed assets (2019)

Social insurance contributions for employers, % (2021)
Earnings-related pension contribution 16,95
Health insurance contribution 1,53
Unemployment insurance contribution 0,5-1,9

Basic tax rates, the regional average, % (2021)
Municipal property tax 1,03
Municipal income tax 18,7

Turnover of enterprises by main types of economic activity, MEUR (2020)

Main socio-economic indicators

Indicator 2017 2018 2019 2020 2021
Population, thous. people (Uusimaa) 1655 1671 1689 1703 1715
Employed labour force resident in the area, thous. people (Uusimaa) 776 798 807 769 N/A
Gross value added at basic prices, MEUR (Uusimaa) 76428 79008 82582 80677 N/A
Gross value added at basic prices, MEUR (Finland) 195707 201314 207526 204137 N/A
Turnover of establishments of enterprises, MEUR (Uusimaa) 191733 204977 207070 195840 N/A
Retail trade turnover, MEUR (Uusimaa) 13753 14379 14600 14710 N/A
Investments in fixed assets, MEUR (Uusimaa) 21926 23117 25374 N/A N/A
Investments in fixed assets, MEUR (Finland) 52839 56183 57420 57122 N/A
Average speed of Internet access (Finland), Mbps/sec 21 24 29 44              55
Export volume , MEUR (Uusimaa) 18255 18717 19017 19 361 N/A
Import volume , MEUR (Uusimaa) 36 814 38 838 38 416 33 847 N/A

Financial stability of the region

Indicator 2017 2018 2019 2020 2021
Tax revenue (Uusimaa), TEUR 8087822 8138031 8315946 8634184 N/A
Tax revenue (Whole country), TEUR 22546447 22428057 23018222 23937573 N/A
Average monthly salary (Uusimaa), euro 3752 3832 3879 4060 N/A
Average monthly salary (Finland), euro 3395 3465 3527 3653 N/A
Social insurance contributions for employers (Finland), %
Earnings-related pension contribution 17,95 17,75 17,35 16,95 16,95
Health insurance contribution 1,08 0,86 0,77 1,34 1,53
Unemployment insurance contribution 0,8–3,3 0,65–2,6 0,5–2,05 0,45–1,7 0,5–1,9
Basic tax rates (Uusimaa), %:
Municipal property tax, regional average 0,97 0,97 0,97 0,98 1,03
Municipal income tax, regional average 18,85 18,65 18,65 18,66 18,7
Turnover of enterprises by main types of economic activity (Uusimaa), MEUR
Agriculture, forestry and fishing N/A 153 154 133 N/A
Mining and quarrying N/A 193 187 154 N/A
Manufacturing  45717 49639 52699 48894 N/A
Construction 14242 14765 15827 16800 N/A
Wholesale and retail trade 68627 71851 68898 66961 N/A
Transportation and storage 11845 12335 12801 9200 N/A
Information and Communication 14097 14986 15528 15406 N/A

Ease of doing business

Indicator 2017 2018 2019 2020 2021
The average number of days required to register a firm / Start a Business (Finland), days 17 17 13 13 N/A
The average number of procedures required to register a firm / Start a Business (Finland), units 3 3 3 3 N/A
The average number of days required to obtain necessary construction permits (Finland), days 65 65 65 65 N/A
The average number of procedures required to obtain necessary construction permits (Finland), units 17 17 17 17 N/A
Average time of days required for a business to register property (Finland), days 62 62 62 61,5 N/A
The average number of procedures legally required for a business to register property (Finland), days 3 3 3 3 N/A
The average number of days required for a business to obtain a permanent electricity connection (Finland), days 42 42 42 42 N/A
The average number of procedures required for a business to obtain a permanent electricity connection (Finland), units 5 5 5 5 N/A
Average energy and service prices:   
Electricity for industry (average annual consumption 500 ÷ 2000 MWh ), euro/kWh
(incl. electrical energy, transmission fee, and taxes Finland)		 0,0832 0,0860 0,0885 0,0896 0,0909
Gas prices for non-household consumers euro/MWh (excl. VAT, Finland) 49,75 57,35 59,1 50,15 80,45
 Water rate (excl. VAT), euro/ m3 (Helsinki) N/A N/A 1,19 1,19 1,23
Wastewater rate (excl. VAT), euro/m3 (Helsinki) N/A N/A 1,41 1,41 1,44
The average purchase price for a hectare of agricultural land. Properties consisting of cultivated land only, unbuilt, euro/ ha (Uusimaa) 9707 9837 9348 10000 8878
The average purchase price for a square metre of industrial land. Industrial properties in detailed plan area, unbuilt objects, euro/m2 (Uusimaa) 78 89 112 102 97
The average cost of renting office space, euro/m2 per month (Helsinki) N/A N/A 20–35 20–35 20–35
The average cost of renting industrial and logistics property rents, euro/m2 per month (Helsinki) N/A N/A 8–15 9–15 10–15

Small and Medium Business Indicators (including microenterprises)

Indicator 2017 2018 2019 2020 2021
Number of SMEs, 1–200 employees, (Uusimaa) 114644 113967 117090 120980 N/A
The average number of employees employed in small businesses, thous. people (Uusimaa) 342 352 371 422 N/A
The gross value of products of small business, MEUR (Uusimaa) N/A N/A N/A 90690 N/A