|Unit||Billions of Euros, NSA|
|Adjustments||Not Seasonally Adjusted|
|Release||Compensation of Employees|
|Consumer Confidence||Feb 2023||-23.9||-24.5||SA||Monthly|
|Real Retail Sales||Jan 2023||91.5||123.6||Vol. Index 2015=100, NSA||Monthly|
|Retail Sales||Jan 2023||110.4||150.1||Index 2015=100, NSA||Monthly|
|Personal Income||2021||201.36||192.33||Billions of Euros, NSA||Annual|
This is an annual dataset reporting data on compenation of employees. Series include total compensation as well as a breakdown by employers' social contribution, gross wages and salaries, and deductions for social contributions and income tax, and net wages and salaries. Average monthly values by employee are provided for total compensation, gross wages and salaries at current prices, and net wages and salaries at current prices.
Compensation of employees is calculated as the sum of gross wages and salaries plus the sum of social contributions. The income data is found using the wage tax statistics, the closed accounts of local governments, and the financial management statistics of other public legal entities
When national accounts are published every July, statistical revisions are completed covering the three years preceding the published year.
Revisions completed annually for current national accounts are based on information taken from individual surveys with different frequencies. These surveys include:
Major revisions are completed only when new concepts and/or methods are to be implemented or when complete and new data sources are available.
This information was taken from the source. For more information please go here:
The source provides a detailed explanation of Compensation of Employees in Chapter 4.7. The revision policy is focused on in Chapter 1.2.