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In 2019, the personnel costs of the total business economy, repair of computers, personal and household goods, except financial and insurance activities in North Macedonia increased by 161 million euros (+7.13 percent) since 2018. Therefore, the personnel costs in North Macedonia reached a peak in 2019 with 2.4 billion euros. 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 key insights for the personnel costs in countries like Cyprus and Malta.