Labour Costs in Serbia increased to 218.60 points in the first quarter of 2026 from 188.50 points in the fourth quarter of 2025. Labour Costs in Serbia averaged 101.94 points from 2005 until 2026, reaching an all time high of 218.60 points in the first quarter of 2026 and a record low of 65.53 points in the third quarter of 2010. source: Statistical Office of the Republic of Serbia

Labour Costs in Serbia is expected to be 190.95 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Labour Costs is projected to trend around 215.81 points in 2027 and 226.60 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 283600.00 2828200.00 Mar 2026
Employment Rate 50.70 50.50 percent Mar 2026
Labor Force Participation Rate 55.70 55.50 percent Mar 2026
Labour Costs 218.60 188.50 points Mar 2026
Unemployed Persons 276.30 276.90 Thousand Mar 2026
Unemployment Rate 8.90 8.90 percent Mar 2026
Wage Growth 11.50 12.60 percent Apr 2026
Wages 121805.00 121650.00 RSD/Month Apr 2026
Youth Unemployment Rate 23.10 23.30 percent Mar 2026


Serbia Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
218.60 188.50 218.60 65.53 2005 - 2026 points Quarterly
2021=100, NSA