Greece construction personnel costs

The personnel costs of the construction industry in Greece increased by 147.1 million euros (+12.23 percent) in 2021. Therefore, the personnel costs in Greece reached a peak in 2021 with 1.3 billion euros. Over the observed period, the personnel costs have been subject to fluctuation.
According to Eurostat, cost of personnel are defined as the total remuneration payable by an employer to an employee in return for work during the reference period. It also includes 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.

Annual personnel costs of the construction industry in Greece from 2014 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	1,349.88
2020	1,202.8
2019	1,259.5
2018b	1,204.9
2017	1,182.8
2016	1,320
2015	1,001.8
2014	1,067.9

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

March 2024

More information

Region

Greece

Survey time period

2014 to 2021

Supplementary notes

b: Break in time series.
*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 F of CE Rev. 2.

Citation formats