Investment Survey, third quarter 2020
Enterprises decreased investments in the third quarter of 2020
Statistical news from Statistics Sweden 2020-12-04 9.30
The investment rate among enterprises slowed significantly in the third quarter of 2020 compared with the third quarter of 2019. Investments by real estate enterprises decreased by SEK 4.6 billion, and amounted to SEK 29.8 billion. On the other hand, manufacturing enterprises increased investments by SEK 1.3 billion compared with the third quarter of 2019.
The outcome of the Investment Survey shows that enterprises’ investments decreased by 6 percent in total, which corresponds to SEK 5.2 billion, in the third quarter of 2020 compared to the corresponding quarter a year ago. Total investments in this period amounted to SEK 75.3 billion, down by 9 percent, which corresponds to 7.7 billion, compared with the second quarter of 2020.
Industry according to NACE Rev2 | Investments in SEK billions in current prices, third quarter 2020 | Investments in SEK billions in current prices, third quarter 2019 | Change between third quarter 2020 and third quarter 2019, in percent |
---|---|---|---|
Mining, and quarrying and manufacturing (05-33) | 16 254 | 14 792 | 10 |
Energy, water and sewer (35-39) | 11 080 | 12 048 | ‑8 |
Construction (41-43) | 2 281 | 2 277 | 0 |
Trade in goods (45-47) | 3 769 | 3 951 | ‑5 |
Transportation and storage (49, excl. 49.32, 51-53) | 4 606 | 5 146 | ‑10 |
Information and communication (58, 61-63) | 3 145 | 3 373 | ‑7 |
Banks and insurance companies (64.1, 65) | 860 | 892 | ‑4 |
Real estate (68, excl. 68.204) | 29 833 | 34 437 | ‑13 |
Business services (71-75, 77-82) | 3 453 | 3 551 | ‑3 |
Total | 75 281 | 80 467 | ‑6 |
Source: Investment survey third quarter 2020.
Enterprises invested mainly in machinery and equipment. This class of assets accounted for 51 percent of total investments in the quarter. This is an increase of 2 percentage points compared with the second quarter of 2020. New construction, extensions and rebuilding of existing buildings accounted for 24 percent of total investments. Housing accounted for 19 percent of total investments, which is a decrease of 1 percentage point compared with the second quarter of 2020. Purchases of buildings and facilities accounted for 6 percent of total investments in the third 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 fourth quarter and will be published on 2021-03-05 at 09.30.
Statistical Database
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