Serbia Gross Minimum Monthly Wages  2012-2017 | Data | Chart | Calendar

Minimum Wages in Serbia increased to 249.69 EUR/Month in 2017 from 233.37 EUR/Month in 2016. Minimum Wages in Serbia averaged 236.58 EUR/Month from 2012 until 2017, reaching an all time high of 249.69 EUR/Month in the second quarter of 2017 and a record low of 232.90 EUR/Month in the fourth quarter of 2014.

Serbia Gross Minimum Monthly Wages
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Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.90 11.80 25.50 11.80 percent [+]
Employed Persons 2881900.00 2881000.00 2881900.00 2157618.00 [+]
Unemployed Persons 622.97 628.87 970.00 622.97 Thousand [+]
Wages 46879.00 48212.00 53456.00 3821.00 RSD/Month [+]
Minimum Wages 249.69 233.37 249.69 232.90 EUR/Month [+]
Population 7.04 7.08 7.63 7.04 Million [+]
Retirement Age Women 61.60 61.00 61.60 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 54.50 51.80 54.50 46.10 percent [+]
Labour Costs 101.24 107.76 129.00 80.00 Index Points [+]
Employment Rate 48.10 44.20 48.10 34.30 percent [+]
Youth Unemployment Rate 28.90 37.10 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
249.69 233.37 249.69 232.90 2012 - 2017 EUR/Month Quarterly




minimum wages by Country
Country Last
Australia 694.90 Jul/17
Brazil 937.00 Dec/17
Canada 11.40 Jan/17
China 2300.00 Apr/17
France 1480.27 Jun/17
Germany 8.84 Jan/17
Indonesia 3.35 Jan/17
Japan 823.00 Dec/17
Mexico 80.04 Nov/17
Netherlands 1551.60 Jun/17
Russia 7500.00 Jan/17
South Korea 6470.00 Jan/17
Spain 825.65 Jun/17
Turkey 1777.50 Jan/17
United Kingdom 7.50 Apr/17
United States 7.25 Dec/17