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Year-on-year change of service industry revenue in Finland 2020, by sector

Service industries in Finland have been severely impacted by the outbreak of the coronavirus (COVID-19). In July 2020, the working day adjusted revenue in service industries dropped by 11.5 percent from July 2019. Accommodation and food services were hit the worst, suffering nearly 70 percent revenue losses in April and May 2020 compared to the corresponding period of 2019. Additionally, arts, entertainment and recreation activities declined significantly, over 40 percent from April and May 2019. Some sectors, for example real estate activities, were not as hardly hit or still continued to grow.

Year-on-year change of service sector revenue during the coronavirus pandemic in Finland from March to July 2020, by sector

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Source

Release date

September 2020

Region

Finland

Survey time period

March to July 2020

Special properties

Working day adjusted revenue in comparison to previous year

Supplementary notes

The figures have been taken from several publications.

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

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