Hungary: manufacture of basic metals personnel costs 2021

The personnel costs of the basic metals manufacturing industry in Hungary increased by 19.2 million euros (+4.82 percent) since the previous year. In total, the personnel costs amounted to 417.85 million euros in 2021.
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 basic metals manufacturing industry in Hungary with key insights such as turnover and production value.

Personnel costs of the basic metals manufacturing industry in Hungary from 2012 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	417.85
2020	398.7
2019	452.6
2018b	430.7
2017	380.7
2016	338
2015	312.8
2014	299.5
2013	285.5
2012	289.2

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Release date

March 2024

More information

Region

Hungary

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 corresponds to Section C24 of CE Rev2.

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