New publication: The Role of the Largest Companies in the Finnish Economy
ReGrow researchers Tero Kuusi & Jyrki Ali-Yrkkö have published a study on the role of the largest companies in the Finnish economy. According to the results, the list of ten largest companies in terms of their domestic value added is diverse and includes companies operating in the manufacturing industry, the service industry, as well as the financial industry. In 2019, these top 10 companies together produced 5.7% of the Finnish gross domestic product (GDP). In terms of domestic employment, the significance of this group remains lower, accounting for 3.7% of the employment of the business sector. Although both the share of GDP and employment have declined, the role of these top 10 companies in the Finnish economy remains significant. Researchers Ilkka Ylhäinen and Mika Pajarinen from the Etla are the co-authors of the report.