Labour Costs in Serbia increased to 188.50 points in the fourth quarter of 2025 from 179.30 points in the third quarter of 2025. Labour Costs in Serbia averaged 101.06 points from 2005 until 2025, reaching an all time high of 190.70 points in the first quarter of 2025 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 204.43 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 2828200.00 2876600.00 Dec 2025
Employment Rate 50.50 51.30 percent Dec 2025
Labor Force Participation Rate 55.50 55.90 percent Dec 2025
Labour Costs 188.50 179.30 points Dec 2025
Unemployed Persons 276.90 256.50 Thousand Dec 2025
Unemployment Rate 8.90 8.20 percent Dec 2025
Wage Growth 10.20 14.60 percent Jan 2026
Wages 118429.00 124089.00 RSD/Month Jan 2026
Youth Unemployment Rate 23.30 23.40 percent Dec 2025


Serbia Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
188.50 179.30 190.70 65.53 2005 - 2025 points Quarterly
2021=100, NSA