Cyprus: water transport industry personnel costs 2021

In 2021, the personnel costs of the water transport industry in Cyprus increased by 0.7 million euros (+14.58 percent) since 2020. In total, the personnel costs amounted to 5.45 million euros in 2021.
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 water transport industry in Cyprus with key insights such as number of enterprises, turnover, production value, and number of employees.

Annual personnel costs of the water transport industry in Cyprus from 2011 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	5.45
2020	4.8
2019	6.6
2018	5.8
2017	5.6
2015	5
2014	11.7
2013	19
2012	27.5
2011	41

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Release date

March 2024

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Region

Cyprus

Survey time period

2011 to 2021

Supplementary notes

Data for the year 2016 was not provided by the source.
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 H50 of CE Rev 2.

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