Finland: manufacture of motor vehicles personnel costs 2020

The personnel costs of the motor vehicles manufacturing industry in Finland declined to 230 million euros in 2020. Nevertheless, the last two years in this industry recorded significant higher personnel costs than the preceding years.
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 motor vehicles manufacturing industry in Finland with key insights such as number of enterprises, turnover, and number of employees.

Annual personnel costs of the manufacture of motor vehicle, trailer, and semi-trailer industry in Finland from 2011 to 2020 (in million euros)

Characteristic	Annual personnel costs in million euros
2020	230
2019	260.8
2018	253.9
2017b	213
2016	147
2015	149.5
2014	128.1
2013b	112.6
2012	93.3
2011	98

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Release date

March 2023

More information

Region

Finland

Survey time period

2011 to 2020

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 corresponds to code C29 of NACE Rev2.

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