Cyprus: leather manufacturing personnel costs 2021

In 2021, the personnel costs of the leather and related products manufacturing industry in Cyprus increased by 0.1 million euros (+25 percent) since 2020. This was the first time during the observed period that the personnel costs in this industry have increased in Cyprus.
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 leather and related products manufacturing industry in Cyprus with key insights such as number of enterprises, turnover, and number of employees.

Personnel costs of the manufacture of leather and related products industry in Cyprus from 2012 to 2021 (in million euro)

Characteristic	Annual personnel costs in million euros
2021	0.52
2020	0.4
2019	0.5
2018	0.5
2017	0.6
2016	0.6
2015	0.6
2014	0.6
2013	0.7
2012	0.8

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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 code C15 of CE Rev 2.

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