Labour Costs in Serbia decreased to 179.30 points in the third quarter of 2025 from 189.70 points in the second quarter of 2025. Labour Costs in Serbia averaged 100.39 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 205.28 points in 2027 and 215.55 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 2876600.00 2885900.00 Sep 2025
Employment Rate 51.30 51.50 percent Sep 2025
Labor Force Participation Rate 55.90 56.20 percent Sep 2025
Labour Costs 179.30 189.70 points Sep 2025
Unemployed Persons 256.50 267.00 Thousand Sep 2025
Unemployment Rate 8.20 8.50 percent Sep 2025
Wage Growth 11.20 12.30 percent Nov 2025
Wages 111987.00 110670.00 RSD/Month Nov 2025
Youth Unemployment Rate 23.40 22.80 percent Sep 2025


Serbia Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
179.30 189.70 190.70 65.53 2005 - 2025 points Quarterly
2021=100, NSA