Belgium: wholesale & retail trade personnel costs 2021

The personnel costs of the wholesale and retail trade industry incl. repair of motor vehicles and motorcycles in Belgium increased by 782.4 million euros (+2.93 percent) in 2021 in comparison to the previous year. Therefore, the personnel costs in Belgium reached a peak in 2021 with 27.5 billion 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 wholesale and retail trade industry incl. repair of motor vehicles and motorcycles in Belgium 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 Belgium from 2012 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	27,501.35
2020	26,719
2019	27,165.1
2018b	26,124
2017	24,774.3
2016	24,441.8
2015	24,850
2014	24,695.1
2013	24,104.4
2012	24,415.7

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Release date

March 2024

More information

Region

Belgium

Survey time period

2012 to 2021

Supplementary notes

b: 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 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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