Hungary: real estate activities sector personnel costs 2021

The personnel costs of the real estate industry in Hungary decreased by 21.4 million euros (-3.69 percent) in 2021 in comparison to the previous year. Nevertheless, the last two years in this industry recorded significant higher personnel costs than the preceding years.
Personnel costs are made up of wages, salaries and employers' social security costs. They include taxes and employees' social security contributions retained by the employer, as well as the employer's compulsory and voluntary social contributions.

Find more statistics on the real estate industry in Hungary with key insights such as turnover and number of employees.

Annual personnel costs of the real estate activities sector in Hungary from 2012 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	559.05
2020	580.4
2019	550.9
2018b	559.9
2017	492.1
2016	473.5
2015	439.6
2014	409.1
2013	420
2012	403.7

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Release date

March 2024

More information

Region

Hungary

Survey time period

2012 to 2021

Supplementary notes

b: Break in time series.
The source adds the following information: Personnel costs are defined as the total remuneration, in cash or in kind, payable by an employer to an employee (regular and temporary employees as well as home workers) in return for work done by the latter during the reference period. Personnel costs also include taxes and employees' social security contributions retained by the unit as well as the employer's compulsory and voluntary social contributions. Personnel costs are made up of wages and salaries and employers' social security costs.
Data coverage corresponds to code L of CE Rev 2.

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