Personnel costs of the manufacture of wearing apparel in Latvia 2012-2021
The personnel costs of the wearing apparel manufacturing industry in Latvia increased by 4.8 million euros (+8.63 percent) in 2021. In total, the personnel costs amounted to 60.38 million euros in 2021. This increase was preceded by declining personnel costs in this industry.
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 wearing apparel manufacturing industry in Latvia with key insights such as number of enterprises, turnover, production value, and number of employees.
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 wearing apparel manufacturing industry in Latvia with key insights such as number of enterprises, turnover, production value, and number of employees.
