Unemployment Rate in Serbia increased to 8.90 percent in the fourth quarter of 2025 from 8.20 percent in the third quarter of 2025. Unemployment Rate in Serbia averaged 13.92 percent from 2008 until 2025, reaching an all time high of 25.50 percent in the first quarter of 2012 and a record low of 7.90 percent in the second quarter of 2020. source: Statistical Office of the Republic of Serbia

Unemployment Rate in Serbia is expected to be 8.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Unemployment Rate is projected to trend around 8.40 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-11-28 11:00 AM
Unemployment Rate
Q3 8.2% 8.5% 8.4%
2026-02-27 11:00 AM
Unemployment Rate
Q4 8.9% 8.2% 8.4%
2026-05-29 10:00 AM
Unemployment Rate
Q1 8.9% 8.9%


Related Last Previous Unit Reference
Employed Persons 2828200.00 2876600.00 Dec 2025
Employment Rate 50.50 51.30 percent Dec 2025
Labor Force Participation Rate 55.50 55.90 percent Dec 2025
Labour Costs 179.30 189.70 points Sep 2025
Unemployed Persons 276.90 256.50 Thousand Dec 2025
Unemployment Rate 8.90 8.20 percent Dec 2025
Wage Growth 14.60 11.20 percent Jan 2026
Wages 124089.00 111987.00 RSD/Month Dec 2025
Youth Unemployment Rate 23.30 23.40 percent Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
8.90 8.20 25.50 7.90 2008 - 2025 percent Quarterly
NSA

News Stream
Serbia Jobless Rate Drops to 8.5% in Q2
Serbia’s unemployment rate fell to 8.5% in the second quarter of 2025, from a one-year high of 9.1% in the first quarter. The number of unemployed people decreased by 22.4 thousand quarter-on-quarter to 267.0 thousand. Meanwhile, the employment rate inched up to 51.5% from 51.4% in the previous two quarters, even though the number of employed people dropped slightly by 1.2 thousand to 2.89 million. The labor force participation rate fell by 0.4 percentage points to 56.2% in the second quarter.
2025-08-29
Serbia Jobless Rate at 1-Year High
Serbia’s unemployment rate rose to 9.1% in the first quarter of 2025, from 8.6% in the previous three-month period, marking the highest rate since the Q1 of 2024. The number of unemployed people rose by 16.3 thousand quarter-on-quarter to 289.4 thousand, while the employment fell by 7.8 thousand to 2.89 million. Meanwhile, the labor force participation rate increased by 0.3 percentage points to 56.6% in the first quarter of 2025.
2025-05-30