arvonlisää
Arvonlisää, or value added, is the net contribution of production to the economy. It represents the value of output minus the value of inputs (intermediate consumption) used to produce that output. At the level of a single business, value added can be seen as revenue from sales minus purchases of goods and services from other firms, reflecting the economic value created by the firm’s activities.
In national accounts, value added is further broken down into components that describe how the value is
The term arvonlisää is closely linked to the common phrase arvonlisävero, or value-added tax (VAT). VAT is
In Finland and the European Union, value-added data are routinely published in national accounts and regional