The term bioeconomy refers to an economy using renewable natural resources for producing food, energy, products and services. Ambitious growth targets have been set for the bioeconomy in the Finnish Bioeconomy Strategy: By 2025, the bioeconomy output will increase to EUR 100 billion and the number of people employed in it will grow by 100,000. The bioeconomy strategy seeks to reduce the dependency on fossil natural resources, to prevent the impoverishment of ecosystems and to promote economic development and create new jobs in compliance with the principles of sustainable development.
The most up-to-date statistics describing the development of the bioeconomy have been compiled on this website. The calculations are a joint effort between Luke and Statistics Finland. The Finnish bioeconomy is monitored using five indicators: output, value added, investments, employment and exports. The main source is the annual national accounts, produced by Statistics Finland.
It should be noted that the indirect effects of bioeconomy reach several sectors of industry outside the conventional bioeconomy accounts. Therefore, the future challenge is to make even these linkages visible using bioeconomy statistics and indicators.
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Output, investments and value added of the Finnish bioeconomy, 2010−2018.
Number of people employed in the Finnish bioeconomy, 2010−2018.