Personnel costs of electrical equipment manufacturers in Bosnia-Herzegovina 2013-2021

Published by Statista Research Department, Apr 13, 2024

The personnel costs of the electric equipment manufacturing industry in Bosnia-Herzegovina increased by 9.8 million euros (+24.5 percent) since the previous year. Therefore, the personnel costs in Bosnia-Herzegovina reached a peak in 2021 with 49.83 million euros.
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.

Find more statistics on the electric equipment manufacturing industry in Bosnia-Herzegovina with key insights such as turnover and production value.

Personnel costs of the manufacture of electrical equipment industry in Bosnia and Herzegovina from 2013 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	49.83
2020	40
2019	40.4
2018	31.9
2017b	28.1
2016e	24.2
2015e	21.9
2014e	22.2
2013p	22.5

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Release date

March 2024

More information

Region

Bosnia & Herzegovina

Survey time period

2013 to 2021

Supplementary notes

b: Break in time series.
e: Estimated value.
p: Provisional 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 C27 of CE Rev2.

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