Serbia Unemployment Rate  2008-2017 | Data | Chart | Calendar | Forecast

Serbia's unemployment rate fell to a record low of 11.8 percent in the second quarter of 2017 from 15.2 percent in the same period of the previous year. The number of unemployed declined by 111.4 thousand from the previous year to 384.1 thousand, while the number of employed rose by 119.4 thousand to 2.88 million. Youth unemployment rate fell to 28.9 percent from 36.1 percent in the same quarter of 2016. Unemployment Rate in Serbia averaged 18.12 percent from 2008 until 2017, reaching an all time high of 25.50 percent in the first quarter of 2012 and a record low of 11.80 percent in the second quarter of 2017.

Serbia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-02-28 11:00 AM Unemployment Rate 13.0% 13.8% 15.5%
2017-05-31 10:00 AM Unemployment Rate 14.6% 13.0% 12.8%
2017-08-31 10:30 AM Unemployment Rate 11.8% 14.6% 12.4%
2017-11-30 11:00 AM Unemployment Rate 11.8% 12%


Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.80 14.60 25.50 11.80 percent [+]
Employed Persons 2881000.00 2652200.00 2881000.00 2157618.00 [+]
Unemployed Persons 628.87 638.72 970.00 628.87 Thousand [+]
Wages 48212.00 47220.00 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 107.76 106.69 129.00 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 Unemployment Rate

In Serbia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Serbia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
11.80 14.60 25.50 11.80 2008 - 2017 percent Quarterly
NSA




unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.40 Sep/17
Italy 11.10 Sep/17
Turkey 10.60 Aug/17
France 9.70 Sep/17
Euro Area 8.90 Sep/17
Canada 6.30 Oct/17
Indonesia 5.50 Sep/17
Australia 5.40 Oct/17
Russia 5.00 Sep/17
Netherlands 4.50 Oct/17
United Kingdom 4.30 Sep/17
United States 4.10 Oct/17
China 3.95 Sep/17
Germany 3.60 Sep/17
Mexico 3.60 Sep/17
South Korea 3.60 Oct/17
India 3.46 Dec/16
Switzerland 3.00 Oct/17
Japan 2.80 Sep/17