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The personnel costs of the manufacturing industry in Denmark increased by 906.3 million euros (+4.09 percent) since the previous year. Therefore, the personnel costs in Denmark reached a peak in 2021 with 23.1 billion euros.
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 manufacturing industry in Denmark with key insights such as number of enterprises, turnover, production value, and number of employees.

Annual personnel costs of the manufacturing industry in Denmark from 2012 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	23,073.74
2020	22,167.4
2019	21,810
2018	21,226.7
2017	20,110
2016	19,439
2015	18,721.3
2014	18,020.1
2013	17,263.8
2012	17,414.2

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Release date

March 2024

More information

Region

Denmark

Survey time period

2012 to 2021

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 Section C of CE Rev2.

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