Investment Survey, second quarter 2020
Investments decreased by SEK 9 billion in the second quarter of 2020, compared to the second quarter of 2019
Statistical news from Statistics Sweden 2020-08-28 9.30
The investment rate among enterprises slowed significantly in the second quarter of 2020 compared to the second quarter of 2019. Mining, and quarrying and manufacturing enterprises decreased investments by SEK 1.9 billion, amounting to SEK 14.1 billion. Investments by real estate enterprises also decreased by SEK 1.9 billion, amounting to SEK 34.2 billion. However, mining, and quarrying and manufacturing enterprises increased investments by SEK 1.4 billion (11 percent) between the first and second quarter of 2020. Investments by enterprises in real estate industry increased by 3 percent between the first and second quarter of 2020.
The outcome of the Investment Survey shows that enterprises’ investments decreased by 10 percent in total, which corresponds to SEK 9 billion, in the second quarter of 2020 compared to the second quarter of 2019. Total investments in this period amounted to SEK 80.1 billion, an increase of 4 percent compared with the first quarter of 2020.
Industry according to NACE Rev2 | Investments in SEK billions in current prices, second quarter 2020 | Investments in SEK billions in current prices, second quarter 2019 | Change between second quarter 2020 and second quarter 2019, in percent |
---|---|---|---|
Mining, and quarrying and manufacturing (05-33) | 15 551 | 17 048 | ‑9 |
Energy, water and sewer (35-39) | 11 661 | 12 039 | ‑3 |
Construction (41-43) | 2 433 | 2 697 | ‑10 |
Trade in goods (45-47) | 3 844 | 4 987 | ‑43 |
Transportation and storage (49, excl. 49.32, 51-53) | 4 887 | 6 233 | ‑22 |
Information and communication (58, 61-63) | 3 560 | 3 625 | ‑2 |
Banks and insurance companies (64.1, 65) | 987 | 975 | 1 |
Real estate (68, excl. 68.204) | 34 236 | 36 149 | ‑5 |
Business services (71-75, 77-82) | 3 019 | 5 471 | ‑45 |
Total | 80 178 | 89 224 | ‑10 |
Source: Investment survey second quarter 2020.
Enterprises invested mainly in machinery and equipment. This class of assets accounted for 49 percent of total investments in the quarter. This is a decrease of 2 percentage points compared with the second quarter of 2019. New construction, extensions and rebuilding of existing buildings accounted for 27 percent of total investments. Housing accounted for 18 percent of total investments, which is a increase of 2 percentage points compared with the second quarter of 2019. Purchases of buildings and facilities accounted for 7 percent of total investments in the second quarter.
Definitions and explanations
All the data in this statistical news is reported in current prices. Comparisons have been made with the corresponding quarter in 2019, and with the previous quarter in 2020.
These statistics are based on data from Statistics Sweden’s Business Register database. All enterprises with at least 200 employees are included, while enterprises with between 20 and 199 employees are sampled. In some activities, enterprises with between 5 and 199 employees are sampled. Enterprises in the mining, quarrying and manufacturing industry sector with between 10 and 19 employees are taxed based on investment information from enterprises with between 20 and 49 employees.
The sectors included in this survey are B–G, SNI 49 (excl. 49.32), 51–53, 58, 61–63, 64.1, 65, 68 (excl. 68.204), 71–75, and 77–82 according to NACE Rev 2.
Next publishing will be
The next statistical news in this series will concern the second quarter and will be published on 2020-12-04 at 09.30.
Statistical Database
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