General Economic Indicators

Statistics data

Last year of update - 2019. Depth of presentation - 2017-2019
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

82127 MEUR
Gross value added at basic prices (2019)
39,5% Gross value added at basic prices (2019)
23218 MEUR
Investments in fixed assets (2018)
41,0% Investments in fixed assets (2018)

Social insurance contributions for employers, %

Earnings-related pension contribution 17,35
Health insurance contribution 0,77
Unemployment insurance contribution 0,5-2,05

Basic tax rates, % (2019)

Municipal property tax 0,98
Municipal income tax 18,66

Turnover of enterprises by main types of economic activity, MEUR

Main socio-economic indicators

Indicator 2017 2018 2019
Population, thous. people (Uusimaa) 1655 1671 1689
Employed labour force resident in the area, thous. people (Uusimaa) 776 798 807
Gross value added at basic prices, MEUR (Uusimaa) 76275 79114 82127
Gross value added at basic prices, MEUR (Finland) 195339 201628 208049
Turnover of establishments of enterprises, MEUR (Uusimaa) 191733 204977 206831
Retail trade turnover, MEUR (Uusimaa) 13753 14379 14600
Investments in fixed assets, MEUR (Uusimaa) 21926 23218 no data
Investments in fixed assets, MEUR (Finland) 52852 56358 57420
Average speed of Internet access (Finland), Mbps/sec 20,9 24 29,34
Export volume , MEUR (Uusimaa) 18255 18717 19017
Import volume , MEUR (Uusimaa) 36814 38838 38025

Financial stability of the region

Indicator 2017 2018 2019
The volume of tax revenues to the budget of Uusimaa, TEUR 8085645 8135040 8308192
The volume of tax revenues to the budget of Finland, TEUR 22460318 22336075 22917400
Average monthly salary (Finland), euro 3396 3455 3532
Social insurance contributions for employers (Finland), %
Earnings-related pension contribution 17,95 17,75 17,35
Health insurance contribution 1,08 0,86 0,77
Unemployment insurance contribution 0,8 - 3,3 0,65-2,6 0,5-2,05
Basic tax rates (Uusimaa), %:
Municipal property tax 0,97 0,97 0,98
Municipal income tax 18,85 18,65 18,66
Turnover of enterprises by industry (Uusimaa), MEUR
Agriculture, forestry and fishing no data 153 154
Mining and quarrying no data 193 187
Manufacturing  45717 49639 52699
Construction 14242 14765 15827
Wholesale and retail trade 68627 71851 68898
Transportation and storage 11845 12335 12801
Information and Communication 14097 14986 15528

Ease of doing business

Indicator 2017 2018 2019
Average number of days required to register a firm / Start a Business (Finland), days no data no data 13
Average number of procedures required to register a firm / Start a Business (Finland), units no data no data 3
Average number of days required to obtain necessary construction permits (Finland), days no data no data 65
Average number of procedures required to obtain necessary construction permits (Finland), units no data no data 17
Average time of days required for a business to register property (Finland), days no data no data 61
Average number of procedures legally required for a business to register property (Finland), days no data no data 3
Average number of days required for a business to obtain a permanent electricity connection (Finland), days no data no data 42
Average number of procedures required for a business to obtain a permanent electricity connection (Finland), units no data no data 5
Average energy anf service prices: no data no data
Electricity for industry (average annual consumption 500 ÷ 2000 MWh ), euro/kWh
(Finland)
no data no data 0,0894
Gas, euro/MWh (Finland) no data no data 52,17
Water supply , euro/ m3 (Helsinki) no data no data 1,48
Water disposal, euro/m3 (Helsinki) no data no data 1,75
Average purchase price for a hectare of agricultarul land, euro/ ha (Uusimaa) 9714 9891 9335
Average purchase price for a square metre of industrial land, euro / m2 (Uusimaa) 76 89 112
Average cost of renting office space, euro / m2 per month (Helsinki) no data no data 20 - 35
Average cost of renting industrial premises, euro / m2 per month (Helsinki) no data no data 8-15

Small and Medium Business Indicators (including microenterprises)

Indicator 2017 2018 2019
Number of small businesses , units (Uusimaa) 114644 113967 117073
Average number of employees employed in small businesses , thous. people (Uusimaa) 342 352 371
Gross value of products of small business, MEUR (Uusimaa) 75016 75518 78692