Published: 25 July 2019
Number of enterprise openings decreased in January to March 2019
According to Statistics Finland, the number of enterprise openings decreased by three per cent in the first quarter of 2019 from the respective quarter of the year before. The number of enterprise openings decreased most in the industry of trade and increased most in the industry of transport and storage from one year ago.
Enterprise openings by region, 1st quarter of 2019
Enterprise openings, 1st quarter of 2019
According to Statistics Finland, there were 10,363 enterprise openings in January to March 2019. There were 323 fewer enterprises openings than in the corresponding period in 2018.
Examined by industry, the number of enterprise openings was highest in professional, scientific and technical activities. Altogether 1,833 enterprises were opened in this industry, which was 18 per cent of all enterprise openings in the first quarter. There was second most enterprise openings in the industry of trade, 1,218 enterprises and third most in the construction industry, 1,129 enterprises.
Compared with the first quarter in 2018 the highest drop in enterprise openings was recorded in the industry of trade and the highest increase in the industry of transport and storage.
Examined by region, most enterprise openings were recorded in Uusimaa, 3,988 enterprises. The number of enterprise openings was next highest in Southwest Finland, 945 enterprises and in Pirkanmaa, 927 enterprises. Compared with the first quarter in 2018, the number of enterprise openings increased most in relative terms in Åland (41%) and in Kainuu (21%). The number of enterprise openings decreased most in relative terms in South Karelia (-25%).
Examined by sub-regional unit, the number of enterprise openings was highest in the sub-regional unit of Helsinki, 3,752 enterprises. There were 764 enterprise openings in the sub-regional unit of Tampere and 674 in the sub-regional unit of Turku. The number of enterprise openings was fourth highest in the sub-regional unit of Oulu, 409 enterprises. The number of enterprise openings decreased by far most in the sub-regional unit of Oulu (-83) from the first quarter of 2018.
Among municipalities, most enterprise openings were recorded in Helsinki (1,980). The number of enterprise openings was second highest in Espoo (620), Tampere (498), Vantaa (446) and Turku (406). Compared with the first quarter of 2018, the number of enterprise openings increased most in Vantaa (+60).
Examined by legal form, in the first quarter of 2019, enterprise openings of the form of natural person numbered 6,205 and those of the form of limited company 3,708. Enterprise openings of the form of natural person accounted for 60 per cent and those of the form of limited company for 36 per cent of all enterprise openings.
Enterprise closures, 4th quarter 2018
According to Statistics Finland, there were 6,171 enterprise closures in October to December 2018.
Examined by industry, most enterprise closures were recorded in the industry of trade, 1,071 enterprises. This was 17 per cent of all enterprise closures in the first quarter. The enterprise closures in professional, scientific and technological activities represented 15 per cent of all closures and 13 per cent in the construction industry.
Among regions, most enterprise closures occurred in Uusimaa, 2,251. The numbers of enterprise closures were next highest in Pirkanmaa, 599 and in Southwest Finland, 566. The number of enterprise closures exceeded that of enterprise openings in Satakunta and South Savo in the last quarter of 2018.
Examined by sub-regional unit, the number of enterprise closures was highest in the sub-regional unit of Helsinki, 2,134 enterprises. There were 479 enterprise closures in the sub-regional unit of Tampere and 359 in the sub-regional unit of Turku. Approximately one-third of the sub-regional units had more enterprise closures than openings in the fourth quarter of 2018.
Among municipalities, most enterprises closed in Helsinki, where the number of enterprise closures was 1,113. There were 359 enterprise closures in Espoo, 278 in Tampere, 231 in Vantaa and 212 in Turku.
Examined by legal form, in the fourth quarter of 2018, enterprise closures of the form of natural person numbered 3,298 and those of the form of limited company 2,198. Enterprise closures of the form of natural person accounted for 53 per cent and those of the form of limited company for 36 per cent of all enterprise closures.
Enterprise closures by region, 4th quarter of 2018
Enterprise openings and closures are deduced from the Tax Administration's customer database. Changes in the Tax Administration's data systems or database maintenance can have an effect on the data of the statistics and comparability of time series.
The classification of enterprises by legal form has been revised in the statistics on enterprise openings and closures.
The most visible change is that the category "32 Mutual insurance company" has been removed. The cases recorded in this category have preliminarily moved to "53 Mutual indemnity insurance association". In addition, there has been some shifts from the category "11 Natural person" to the category "12 Decedent's estate, heirs”. The changes apply to the data starting from 2013.
Source: Enterprise openings 2019, 1st quarter; enterprise closures 2018, 4th quarter. Statistics Finland
Inquiries: Ritva Tikkanen 029 551 3300, Jyri Järvinen 029 551 3562, rakenne.tilastot@stat.fi
Director in charge: Mari Ylä-Jarkko
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Appendix tables
Updated 25.07.2019
Official Statistics of Finland (OSF):
Enterprise openings and closures [e-publication].
ISSN=1799-2346. 1st quarter 2019. Helsinki: Statistics Finland [referred: 18.4.2024].
Access method: http://www.stat.fi/til/aly/2019/01/aly_2019_01_2019-07-25_tie_001_en.html