Wages in Serbia increased 14.60 percent in January of 2026 over the same month in the previous year. Wage Growth in Serbia averaged 14.35 percent from 2002 until 2026, 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. source: Statistical Office of the Republic of Serbia

Wage Growth in Serbia is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Net Wage Growth is projected to trend around 7.00 percent in 2027 and 5.00 percent in 2028, according to our econometric models.



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 Net Wage Growth
Actual Previous Highest Lowest Dates Unit Frequency
14.60 11.20 94.60 -8.80 2002 - 2026 percent Monthly