Labor Force Participation Rate in Serbia decreased to 54.40 percent in the fourth quarter of 2018 from 55.50 percent in the third quarter of 2018. Labor Force Participation Rate in Serbia averaged 51.22 percent from 2008 until 2018, reaching an all time high of 55.50 percent in the third quarter of 2018 and a record low of 46.10 percent in the first quarter of 2012.

Serbia Labor Force Participation Rate
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Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.90 11.30 25.50 11.30 percent [+]
Employed Persons 2817400.00 2929300.00 2929300.00 2157618.00 [+]
Unemployed Persons 552.51 548.88 970.00 548.88 Thousand [+]
Wages 52372.00 50556.00 54344.00 3821.00 RSD/Month [+]
Minimum Wages 282.51 285.41 285.41 230.14 EUR/Month [+]
Population 7.00 7.04 7.63 7.00 Million [+]
Retirement Age Women 62.00 61.50 62.00 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 54.40 55.50 55.50 46.10 percent [+]
Labour Costs 111.56 104.55 129.00 80.00 Index Points [+]
Employment Rate 47.40 49.20 49.20 34.30 percent [+]
Youth Unemployment Rate 32.00 25.30 54.20 25.30 percent [+]


Serbia Labor Force Participation Rate

This page provides - Serbia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.40 55.50 55.50 46.10 2008 - 2018 percent Quarterly




Country Last Previous
United Kingdom 79.30 Dec/18
France 72.30 Dec/18
Netherlands 71.00 Feb/19
Indonesia 69.20 Dec/18
Switzerland 68.50 Sep/18
Singapore 67.70 Dec/18
Canada 65.80 Feb/19
Italy 65.70 Jan/19
Australia 65.60 Feb/19
United States 63.20 Feb/19
South Korea 62.30 Feb/19
Russia 61.90 Jan/19
Brazil 61.60 Jan/19
Germany 61.50 Sep/18
Japan 61.20 Jan/19
Mexico 59.50 Dec/18
South Africa 59.40 Dec/18
Spain 58.61 Dec/18
Euro Area 57.30 Sep/18
Saudi Arabia 56.40 Sep/18
Turkey 53.10 Dec/18
India 52.50 Dec/13
Argentina 46.70 Sep/18


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