Bosnia-Herzegovina: construction industry personnel costs 2020

The personnel costs of the construction industry in Bosnia-Herzegovina increased by 17.8 million euros (+6.63 percent) in 2020. With 286.2 million euros, the personnel costs thereby reached their highest value in the observed period.
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 key insights for the personnel costs in countries like Bulgaria, Croatia, and Romania.

Annual personnel costs of the construction industry in Bosnia and Herzegovina from 2013 to 2020 (in million euros)

Characteristic	Annual personnel costs in million euros
2020	286.2
2019	268.4
2018	243.2
2017b	221.6
2016e	209.1
2015e	215.3
2014e	205.6
2013p	196

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Release date

March 2023

More information

Region

Bosnia and Herzegovina

Survey time period

2013 to 2020

Supplementary notes

b: Break in time series.
e: Estimated value.
p: Provisional value.
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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