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

The unemployment rate in Serbia went up to 14.6 percent in the first quarter of 2017 from a 9-year low of 13 percent in the previous period. The number of unemployed persons increased by 43 thousand to 452.8 thousand. Employment fell by 79.2 thousand to 82.65 million, with job losses occurring mostly in the informal sector (-66.6 thousand), namely in agriculture due to seasonal work. The activity rate fell to 51.8 percent from 52.3 percent and the inactivity one rose to 48.2 percent from 47.7 percent. Unemployment Rate in Serbia averaged 18.37 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 13 percent in the fourth quarter of 2016.

Serbia Unemployment Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2016-11-30 11:00 AM Q3 13.8% 15.2% 16.5%
2017-02-28 11:00 AM Q4 13.0% 13.8% 15.5%
2017-05-31 10:00 AM Q1 14.6% 13.0% 12.8%
2017-08-31 10:30 AM Q2 14.6% 12.4%
2017-11-30 11:00 AM Q3 12%




Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.60 13.00 25.50 13.00 percent [+]
Employed Persons 2652200.00 2731400.00 2838140.00 2157618.00 [+]
Unemployed Persons 676.69 687.90 970.00 676.69 Thousand [+]
Wages 49635.00 47814.00 53456.00 3821.00 RSD/Month [+]
Minimum Wages 249.69 233.37 249.69 232.90 EUR/Month [+]
Population 7.08 7.11 7.63 7.08 Million [+]
Retirement Age Women 61.60 61.00 61.60 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Youth Unemployment Rate 31.20 28.50 54.20 28.50 percent [+]
Labor Force Participation Rate 52.30 54.30 54.30 46.10 percent [+]
Labour Costs 94.69 109.07 129.00 80.00 Index Points [+]
Employment Rate 45.50 46.80 46.80 34.30 percent [+]


Serbia Unemployment Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
14.60 13.00 25.50 13.00 2008 - 2017 percent Quarterly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.60 Apr/17
Turkey 11.70 Mar/17
Italy 11.10 Apr/17
France 9.60 Mar/17
Euro Area 9.30 Apr/17
Canada 6.60 May/17
Australia 5.50 May/17
Indonesia 5.33 Mar/17
Russia 5.20 May/17
Netherlands 5.10 May/17
India 4.90 Dec/13
United Kingdom 4.60 Apr/17
United States 4.30 May/17
China 3.97 Mar/17
Germany 3.90 Apr/17
South Korea 3.60 May/17
Mexico 3.50 Apr/17
Switzerland 3.10 May/17
Japan 2.80 Apr/17