Finland’s retails sales per square metre up by 26% from 2004

Turnover has increased while the surface area of actual retail space has remained almost constant.

Finland’s retail sales turnover per square metre has increased by 26% in the period 2004 – 2009, according to Statistics Finland. In 2009 the total floorspace of Finnish retail stores was about 14.4 million square metres, of which 9.6 million square metres was used for actual retail activity. In 2004 the total retail trade floorspace was 16 million square metres and the actual retail space 9.5 million square metres.

The total turnover of the retail trade in 2009 was about EUR 34.1 billion, compared to EUR 24.9 billion in 2004. The turnover per retail surface area in the retail trade excluding stores market stalls was more than EUR 17,000 per square metre in 2009, a significant increase from EUR 6,600 in 2004. In 2009 the retail sales turnover per square metre in unspecialised stores was more than EUR 4,400, compared to less than EUR 3,100 in 2004. The retail sales turnover per square metre for vehicle fuels was more than EUR 6,700 in 2009.

The total number of retail premises in Finland increased from 29,173 in 2004 to 30,321 in 2009.

Source: Statistics Finland