Non-financial corporations generated 61.9% of Gross Value Added

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Non-financial corporations generated 61.9% of Gross Value AddedDuring 2015, the Non-financial corporations sector continued to be a key player in the economy, generating 61.9 per cent of the Gross Value Added of the total economy.

For 2015, the two largest contributors to gross value added and compensation of employees were the Non-financial corporations and the General government sectors. The Non- financial corporations generated 61.9 per cent of total gross value added and 54.8 per cent of total compensation of employees.

The General government generated 16.9 per cent of total gross value added and 28.7 per cent of total compensation of employees. The Households generated 12.6 per cent of total gross value added and 4.4 per cent of total compensation of employees.

The Financial corporations generated 7.1 per cent of total gross value added and 9.0 per cent of total compensation of employees.

The Non-profit institutions serving households generated 1.5 per cent of total gross value added and 2.5 per cent of total compensation of employees. Compensation of employees included a 0.6 per cent share which originated from abroad.

Overall, the share for gross value added and compensation of employees generated by the five institutional sectors was consistent between 2011 and 2015.

In terms of profitability, the Non-financial corporations generated 73.0 per cent, followed by Households with 21.5 per cent, and Financial corporations with 5.5 per cent.

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