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COVID-19 impact on sales of small and medium-sized companies in Finland 2020

According to survey results from March to May 2020, almost 70 percent of the small and medium-sized enterprises in Finland experienced decline in sales due to the coronavirus outbreak. By August 2020, the sales of companies improved, although 13 percent of companies still reported over 50 percent decline in sales. At the same time, roughly 42 percent of the companies did not experience decline in sales or in the number of customers.

In total, over two thirds of the small and medium-sized enterprises in Finland estimated that the coronavirus outbreak has already caused problems for their business.

How much have your company's sales decreased due to the coronavirus outbreak?

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Source

Release date

August 2020

Region

Finland

Survey time period

March 18-24; April 1-3; April 21-23; May 19-25; July 30 to August 10, 2020

Number of respondents

1,034 respondents*

Special properties

Small and medium-sized enterprises

Method of interview

Online survey

Supplementary notes

This question was phrased by the source as follows: "Kuinka paljon myynti on vähentynyt (kaikki vastaajat)?".

Percentage points exceeding 100 percent are probably due to rounding.

* Number of respondents in the previous surveys:
March 18-24 (n=1,183)
April 1-3 (n=1,111)
April 21-23 (n=1,152)
May 19-25 (n=1,008)

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Statistics on "Economic impact of COVID-19 in Finland"

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