Minimum wages in Serbia decreased to 282.51 EUR/Month in the second half of 2018 from 285.41 EUR/Month in the first half. Minimum Wages in Serbia averaged 244.74 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.
Minimum Wages in Serbia is expected to be 285.41 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Serbia to stand at 298.65 in 12 months time. In the long-term, the Serbia Gross Minimum Monthly Wages is projected to trend around 380.00 EUR/Month in 2020, according to our econometric models.