Construction personnel costs Lithuania 2020

The personnel costs of the construction industry in Lithuania increased by 45.6 million euros (+3.38 percent) in 2020 in comparison to the previous year. While the growth in this industry is slowing down, with 1.4 billion euros, the personnel costs are at their peak in the observed period. Notably, the personnel costs in this industry continuously increased over the last 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 construction industry in Lithuania with key insights such as number of enterprises, turnover, production value, and number of employees.

Annual personnel costs of the construction industry in Lithuania from 2011 to 2020 (in million euros)

Characteristic	Annual personnel costs in million euros
2020	1,396
2019	1,350.4
2018b	1,226.9
2017	1,093.8
2016	962.1
2015	899.6
2014	833.3
2013	758.2
2012	673.8
2011	622.1

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Release date

March 2023

More information

Region

Lithuania

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 F of NACE Rev 2.

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