Wages in Serbia increased 12.40 percent in June of 2026 over the same month in the previous year. Wage Growth in Serbia averaged 14.29 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 10.90 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 6.00 percent in 2027 and 4.50 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 284010.00 283600.00 Jun 2026
Employment Rate 50.90 50.70 percent Jun 2026
Labor Force Participation Rate 54.90 55.70 percent Jun 2026
Labour Costs 218.60 188.50 points Mar 2026
Unemployed Persons 220.20 276.30 Thousand Jun 2026
Unemployment Rate 7.20 8.90 percent Jun 2026
Wage Growth 12.40 9.90 percent Jun 2026
Wages 120401.00 118398.00 RSD/Month Jun 2026
Youth Unemployment Rate 22.00 23.10 percent Jun 2026


Serbia Net Wage Growth
Actual Previous Highest Lowest Dates Unit Frequency
12.40 9.90 94.60 -8.80 2002 - 2026 percent Monthly