Unemployment Rate in Serbia decreased to 11.30 percent in the third quarter of 2018 from 11.90 percent in the second quarter of 2018. Unemployment Rate in Serbia averaged 17.31 percent from 2008 until 2018, reaching an all time high of 25.50 percent in the first quarter of 2012 and a record low of 11.30 percent in the third quarter of 2018.
Unemployment Rate in Serbia is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Serbia to stand at 12.70 in 12 months time. In the long-term, the Serbia Unemployment Rate is projected to trend around 10.00 percent in 2020, according to our econometric models.