Serbia Gross Minimum Monthly Wages  2012-2018 | Data | Chart | Calendar

Minimum Wages in Serbia increased to 285.41 EUR/Month in 2018 from 253.1 EUR/Month in 2017. Minimum Wages in Serbia averaged 241.59 EUR/Month from 2012 until 2018, reaching an all time high of 285.41 EUR/Month in the second quarter of 2018 and a record low of 230.14 EUR/Month in the fourth quarter of 2016.

Serbia Gross Minimum Monthly Wages
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Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.70 12.90 25.50 11.80 percent [+]
Employed Persons 2763600.00 2881900.00 2881900.00 2157618.00 [+]
Unemployed Persons 625.79 618.83 970.00 617.38 Thousand [+]
Wages 50048.00 54344.00 54344.00 3821.00 RSD/Month [+]
Minimum Wages 285.41 253.10 285.41 230.14 EUR/Month [+]
Population 7.04 7.08 7.63 7.04 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 54.20 55.30 55.30 46.10 percent [+]
Labour Costs 111.28 96.07 129.00 80.00 Index Points [+]
Employment Rate 46.30 48.20 48.20 34.30 percent [+]
Youth Unemployment Rate 33.30 28.80 54.20 28.50 percent [+]


Serbia Gross Minimum Monthly Wages

In Serbia, minimum wage refers to gross monthly earnings and it's published by Eurostat twice a year. Since in Serbia the minimum hourly wage is fixed, the following conversion is applied: (hourly net rate x 40 hours x 52.2 weeks) / 12 months. In January, 2015 it was approved an increase of 5.2% in the minimum hourly wage (last adjusted upwards was in 2012). This page provides - Serbia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Gross Minimum Monthly Wages - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
285.41 253.10 285.41 230.14 2012 - 2018 EUR/Month Quarterly




minimum wages by Country
Country Last
Australia 694.90 Jul/17
Brazil 954.00 Mar/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Jun/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Mar/18
Netherlands 1578.00 Jun/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Jun/18
Turkey 2029.50 Jun/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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