Latvia: repair of motor vehicles & motorcycles personnel costs 2020

The personnel costs of the repair of motor vehicles and motorcycles industry in Latvia decreased by 10.2 million euros (-5.01 percent) since the previous year. 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 repair of motor vehicles and motorcycles industry in Latvia with key insights such as number of enterprises, turnover, production value, and number of employees.

Annual personnel costs of the repair of motor vehicles and motorcycles industry in Latvia from 2011 to 2020 (in million euros)

Characteristic	Annual personnel costs in million euros
2020	193.2
2019	203.4
2018	187
2017	167.9
2016	156.3
2015	144.7
2014	129.7
2013	115.5
2012	104.9
2011	90.4

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Release date

March 2023

More information

Region

Latvia

Survey time period

2011 to 2020

Supplementary notes

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 G45 of the NACE_R2 of economic activities, which is wholesale and retail trade and repair of motor vehicles and motorcycles.

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