Finland: personnel costs for manufacturing of electronic and optical products 2021

The personnel costs of the computer, electronics, and optical manufacturing industry in Finland increased by 59.9 million euros (+3.78 percent) in 2021 in comparison to the previous year. In total, the personnel costs amounted to 1.6 billion euros in 2021.
According to Eurostat, cost of personnel are defined as the total remuneration payable by an employer to an employee in return for work during the reference period. It also includes 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.

Find more statistics on the computer, electronics, and optical manufacturing industry in Finland with key insights such as number of enterprises and turnover.

Personnel costs of computer, electronic, and optical products manufacturing in Finland from 2011 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	1,642.93
2019	1,583
2018	1,565.1
2017b	1,483.3
2016	1,626.4
2015	1,989
2014	1,852.8
2013b	1,879.9
2012	2,262
2011	2,243.8

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Release date

March 2024

More information

Region

Finland

Survey time period

2011 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 C26 of CE Rev 2.

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