Net wages in Serbia increased 8.7 percent from a year earlier in August of 2019, the lowest since December 2018 and following an 11.9 percent gain in July. Wage Growth in Serbia averaged 15.13 percent from 2002 until 2019, reaching an all time high of 94.60 percent in January of 2002 and a record low of -8.80 percent in December of 2017.

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Serbia Net Wage Growth
Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.30 12.10 25.50 10.30 percent [+]
Employed Persons 2916500.00 2810500.00 2929300.00 2157618.00 [+]
Unemployed Persons 509.25 519.81 970.00 509.25 Thousand [+]
Wages 54115.00 55042.00 55380.00 3821.00 RSD/Month [+]
Minimum Wages 308.04 282.51 308.04 230.14 EUR/Month [+]
Population 7.00 7.04 7.63 7.00 Million [+]
Retirement Age Women 62.00 61.50 62.00 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 54.80 53.90 55.50 46.10 percent [+]
Labour Costs 111.96 112.60 128.07 73.30 Index Points [+]
Employment Rate 49.20 47.40 49.20 34.30 percent [+]
Youth Unemployment Rate 24.40 30.70 54.20 24.40 percent [+]
Wage Growth 8.70 11.90 94.60 -8.80 percent [+]


Serbia Net Wage Growth

This page provides - Serbia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Net Wage Growth - actual data, historical chart and calendar of releases - was last updated on November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8.70 11.90 94.60 -8.80 2002 - 2019 percent Monthly




Country Last Previous
Argentina 2.78 Aug/19 4.29
Australia 2.20 Sep/19 2.3
Canada 2.90 Aug/19 2.9
Euro Area 2.70 Jun/19 2.7
France 0.50 Jun/19 0.8
Germany 1.30 Jun/19 1.2
Italy 0.80 Sep/19 0.7
Japan 0.80 Sep/19 -0.1
Netherlands 2.58 Oct/19 2.58
Russia 2.40 Aug/19 3
Spain 4.02 Sep/19 6.72
Switzerland 0.50 Jun/19 0.5
United Kingdom 3.60 Sep/19 3.7
United States 5.24 Sep/19 5.26


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