In 2021, the personnel costs of the telecommunications industry in Latvia increased by 13.9 million euros (+10.1 percent) since 2020. Therefore, the personnel costs in Latvia reached a peak in 2021 with 151.46 million euros. 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.
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 Section J61 of CE Rev. 2.
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Eurostat. (March 22, 2024). Personnel costs of the telecommunications sector in Latvia from 2012 to 2021 (in million euros) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/420479/personnel-costs-telecommunications-sector-latvia/
Eurostat. "Personnel costs of the telecommunications sector in Latvia from 2012 to 2021 (in million euros)." Chart. March 22, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/420479/personnel-costs-telecommunications-sector-latvia/
Eurostat. (2024). Personnel costs of the telecommunications sector in Latvia from 2012 to 2021 (in million euros). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/420479/personnel-costs-telecommunications-sector-latvia/
Eurostat. "Personnel Costs of The Telecommunications Sector in Latvia from 2012 to 2021 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/420479/personnel-costs-telecommunications-sector-latvia/
Eurostat, Personnel costs of the telecommunications sector in Latvia from 2012 to 2021 (in million euros) Statista, https://www.statista.com/statistics/420479/personnel-costs-telecommunications-sector-latvia/ (last visited December 22, 2024)
Personnel costs of the telecommunications sector in Latvia from 2012 to 2021 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/420479/personnel-costs-telecommunications-sector-latvia/
