Denmark: wholesale & retail trade - personnel costs 2021

In 2021, the personnel costs of the wholesale and retail trade industry incl. repair of motor vehicles and motorcycles in Denmark increased by 1.3 billion euros (+6.18 percent) since 2020. With 21.8 billion euros, the personnel costs thereby reached their highest value in the observed period. Notably, the personnel costs in this industry continuously increased over the last years.
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 wholesale and retail trade industry incl. repair of motor vehicles and motorcycles in Denmark with key insights such as number of enterprises, turnover, production value, and number of employees.

Annual personnel costs of the wholesale and retail trade including the repair of motor vehicles and motorcycles industry in Denmark from 2012 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	21,843.5
2020	20,572.3
2019	20,421.9
2018	19,663.6
2017	19,290.8
2016	18,107
2015	17,513.6
2014	17,036.6
2013	16,783.8
2012	16,598.8

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Release date

March 2024

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Region

Denmark

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 is for the code G of the CE_R2 of economic activities, which is wholesale and retail trade including the repair of motor vehicles and motorcycles.

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