Latvia: manufacture of electronic & optical products personnel costs 2015

The personnel costs of the computer, electronics, and optical manufacturing industry in Latvia increased by four million euros (+18.52 percent) since the previous year. Therefore, the personnel costs in Latvia reached a peak in 2015 with 25.6 million euros.
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 computer, electronics, and optical manufacturing industry in Latvia with key insights such as number of enterprises and turnover.

Personnel costs of computer, electronic, and optical products manufacturing in Latvia from 2005 to 2015 (in million euros)

Characteristic	Annual personnel costs in million euros
2015	25.6
2014	21.6
2013	18.1
2012	16.5
2011	14.4
2010	12.2
2009	13.1
2007	18.3
2006	13.7
2005	10.9

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Release date

March 2024

More information

Region

Latvia

Survey time period

2005 to 2015

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 C26 of CE Rev 2.

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