Wages in Serbia decreased to 52426 RSD/Month in February from 54521 RSD/Month in January of 2019. Wages in Serbia averaged 31293.25 RSD/Month from 2000 until 2019, reaching an all time high of 54521 RSD/Month in January of 2019 and a record low of 3821 RSD/Month in January of 2001.

Wages in Serbia is expected to be 49021.67 RSD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Serbia to stand at 58000.00 in 12 months time. In the long-term, the Serbia Wages is projected to trend around 60000.00 RSD/Month in 2020, according to our econometric models.

Serbia Wages
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Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.90 11.30 25.50 11.30 percent [+]
Employed Persons 2817400.00 2929300.00 2929300.00 2157618.00 [+]
Unemployed Persons 568.51 569.78 970.00 548.88 Thousand [+]
Wages 52426.00 54521.00 54521.00 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 54.40 55.50 55.50 46.10 percent [+]
Labour Costs 111.73 124.37 128.07 73.30 Index Points [+]
Employment Rate 47.40 49.20 49.20 34.30 percent [+]
Youth Unemployment Rate 32.00 25.30 54.20 25.30 percent [+]


Serbia Wages

In Serbia, wages are benchmarked using the average monthly salary. This page provides - Serbia Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Wages - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52426.00 54521.00 54521.00 3821.00 2000 - 2019 RSD/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 38242.00 Feb/19
Australia 1225.30 Dec/18
Brazil 2291.00 Mar/19
Canada 25.72 Feb/19
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3899.00 Sep/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 316506.00 Mar/19
Mexico 372.83 Mar/19
Russia 45000.00 Mar/19
Singapore 5752.00 Dec/18
South Africa 21190.00 Dec/18
South Korea 3359019.00 Dec/18
Spain 2039.01 Dec/18
Switzerland 6260.00 Dec/17
United Kingdom 528.00 Mar/19
United States 23.31 Apr/19


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