Sweden: business economy industry personnel costs 2012-2020

The personnel costs of the total business economy, repair of computers, personal and household goods, except financial and insurance activities in Sweden saw no significant changes in 2020 in comparison to the previous year 2019 and remained at around 156976.5 million euros. In comparison to 2019, the personnel costs decreased not significantly by 322.2 million euros (-0.2 percent).
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.

Annual personnel costs of the total business economy, repair of computers, personal and household goods, except financial and insurance activities in Sweden from 2012 to 2020 (in million euros)

Characteristic	Annual personnel costs in million euros
2020	156,976.5
2019	157,298.7
2018b	155,886.5
2017	157,525
2016	151,795.9
2015	146,253.8
2014	142,712.9
2013	145,635.4
2012	142,368.3

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Release date

March 2024

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Region

Sweden

Survey time period

2012 to 2020

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 B-N_S95_X_K of CE Rev 2.

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