Minimum Wages in Serbia increased to 744 EUR/Month in the second quarter of 2026 from 618 EUR/Month in the fourth quarter of 2025. Minimum Wages in Serbia averaged 258.02 EUR/Month from 1999 until 2026, reaching an all time high of 744.00 EUR/Month in June of 2026 and a record low of 7.00 EUR/Month in June of 2001. source: EUROSTAT

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
Minimum Wages	743.00	744.00	EUR/Month	Dec 2026
Population	6.53	6.57	Million	Dec 2026
Retirement Age Men	65.00	65.00	Years	Dec 2026
Retirement Age Women	64.00	63.83	Years	Dec 2026
Unemployed Persons	276.30	276.90	Thousand	Mar 2026
Unemployment Rate	8.90	8.90	percent	Mar 2026
Wage Growth	9.90	11.50	percent	May 2026
Wages	118398.00	121805.00	RSD/Month	May 2026
Youth Unemployment Rate	23.10	23.30	percent	Mar 2026

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).