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 10.30 12.10 25.50 10.30 percent [+]
Employed Persons 2916500.00 2810500.00 2929300.00 2157618.00 [+]
Unemployed Persons 519.81 527.21 970.00 519.81 Thousand [+]
Wages 53633.00 55380.00 55380.00 3821.00 RSD/Month [+]
Minimum Wages 308.04 282.51 308.04 230.14 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 54.80 53.90 55.50 46.10 percent [+]
Labour Costs 112.60 112.26 128.07 73.30 Index Points [+]
Employment Rate 49.20 47.40 49.20 34.30 percent [+]
Youth Unemployment Rate 32.00 25.30 54.20 25.30 percent [+]
Wage Growth 9.00 9.90 94.60 -8.80 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.80 53.90 55.50 46.10 2008 - 2019 percent Quarterly




Country Last Previous
United Kingdom 79.20 Jun/19
France 72.00 Jun/19
Netherlands 71.20 Aug/19
Indonesia 69.20 Dec/18
Switzerland 68.30 Mar/19
Russia 67.70 Mar/19
Singapore 67.70 Dec/18
Australia 66.20 Aug/19
Canada 65.80 Aug/19
Italy 65.80 Jul/19
South Korea 63.30 Aug/19
United States 63.20 Aug/19
Brazil 62.10 Jul/19
Japan 62.10 Jul/19
Germany 61.50 Mar/19
Mexico 60.50 Jun/19
South Africa 59.80 Jun/19
Spain 58.74 Jun/19
Saudi Arabia 57.90 Jun/19
Euro Area 57.10 Mar/19
Turkey 52.90 Jun/19
India 49.80 Dec/18
Argentina 47.70 Jun/19


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