Cyprus: manufacture of textiles personnel costs 2021

The personnel costs of the textile manufacturing industry in Cyprus increased by 1.3 million euros (+16.05 percent) in 2021 in comparison to the previous year. With 9.37 million euros, the personnel costs thereby reached their highest value in the observed period.
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 textile manufacturing industry in Cyprus with key insights such as number of enterprises, turnover, production value, and number of employees.

Annual personnel costs of the textile manufacturing sector in Cyprus from 2012 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	9.37
2020	8.1
2019	9
2018	8.2
2017	7.5
2016	6.6
2015	6.2
2014	5.7
2013	6.2
2012	6.7

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Release date

March 2024

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Region

Cyprus

Survey time period

2012 to 2021

Supplementary notes

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 C13 of CE Rev2.

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