Main features of EU-27 business services
8 pages
English

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Main features of EU-27 business services

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8 pages
English
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Description

Industry, trade and services
Target audience: Specialised/Technical

Informations

Publié par
Nombre de lectures 18
Langue English

Extrait

Industry, trade and services Author: Pekka ALAJÄÄSKÖ
S t a t i s t i c s i n f o c u s 101/2008
Main features of EU27 Business services
Overview 1 Business services are drivers of the EU27 providing Business services, accounting for 11.2 % knowledgebased economy. Boosted by the of the nonfinancial business economy total 2 European Services Directive , they face strong (NACE C to I and K) and 18.7 % of Services outsourcing and export demand, and thrive with the (NACE G, H, I and K). Business services created new production possibilities offered by innovations value added of EUR 665.8 billion, equivalent to in information and telecommunications technology. 12.4 % of the nonfinancial business economy and  to 22.3 % of Services. Legal, accounting and The provision of Business services was the main management services (NACE K74.1) was the activity of 3.2 million EU27 enterprises in 2005, largest subsector in Business services, making up which generated turnover of EUR 1 292 billion. 48 % of enterprises, 38 % of value added and There were 14.2 million persons employed in 34 % of persons employed. Figure 1 Specialisation in Business services (NACE K72 and K74.1 to K74.5), 2005  % of the non-financial business economy (NACE C to I and K)
20
15
10
5
Employment
Value Added
0 NL LU UK FR BE DK SE IE EU DE NO IT AT FI PT HU ES CZ SI EL EE CY PL LV SK LT RO BG 27 CZ 2004, IE 2004 excl. NACE E, CY NACE K excl. K73, NL NACE E value added estimated, MT not available.Source: Eurostat (SBS - Annual) Looking at Business services’ contribution to the counted in their employment, this contributes to nonfinancial business economies of the Member higher labourintensity ratios in Business services. States and Norway (Figure 1), the most Bulgaria (3.6 %), Romania (4.3 %) and Lithuania specialised in terms of employment were the (4.4 %) were the least specialised in terms of Netherlands (20.5 %), Luxembourg (18.2 %) and Business services employment. Business services the United Kingdom (15.8 %). All of these contributed most to the value added of the non countries have strongly developed markets in financial business economy in the United Kingdom Labour recruitment (NACE K74.5). As personnel (18.3 %), France (15.5 %) and Luxembourg hired by employment agencies – providing (15.0 %). This share was lowest in Bulgaria temporary labour to other economic sectors – are (4.1 %), Poland (5.0 %) and Slovakia (5.8 %). 1 : Business services (NACE K72 and K74.1 to K74.5) include: Computer and related activities (K72.0), Legal, accounting, bookkeeping and auditing activities, tax consultancy, holdings (K74.1) (including the Management activities of holding companies (K74.15)), Architectural and engineering activities and related technical consultancy (K74.2), Technical testing and analysis (K74.3), Advertising (K74.4), and Labour recruitment and provision of personnel (K74.5). 2 : Directive on Services in the Internal Market of the European Parliament and of the Council, 2006/123/EC, 12 December 2006
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