Bosnia-Herzegovina: construction industry personnel costs 2021

In 2021, the personnel costs of the construction industry in Bosnia-Herzegovina increased by 22.4 million euros (+7.83 percent) since 2020. Therefore, the personnel costs in Bosnia-Herzegovina reached a peak in 2021 with 308.63 million euros.
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 key insights for the personnel costs in countries like Bulgaria, Croatia, and Romania.

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

Characteristic	Annual personnel costs in million euros
2021	308.63
2020	286.2
2019	268.4
2018	243.2
2017b	221.6
2016e	209.1
2015e	215.3
2014e	205.6

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Release date

March 2024

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Region

Bosnia & Herzegovina

Survey time period

2014 to 2021

Supplementary notes

b: Break in time series.
e: Estimated value.
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.

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