Wages in Serbia increased to 55042 RSD/Month in July from 53633 RSD/Month in June of 2019. Wages in Serbia averaged 31813.36 RSD/Month from 2000 until 2019, reaching an all time high of 55380 RSD/Month in May of 2019 and a record low of 3821 RSD/Month in January of 2001.

Wages in Serbia is expected to be 51993.00 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 57280.00 in 12 months time. In the long-term, the Serbia Wages is projected to trend around 62776.00 RSD/Month in 2020, according to our econometric models.

Serbia Wages
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Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 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 55042.00 53633.00 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 112.60 112.26 128.07 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 9.00 9.90 94.60 -8.80 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55042.00 53633.00 55380.00 3821.00 2000 - 2019 RSD/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 60851.00 Jun/19
Australia 1237.90 Jun/19
Brazil 2298.00 Aug/19
Canada 25.54 Jul/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3997.00 Jun/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 305988.00 Aug/19
Mexico 379.67 Aug/19
Russia 45100.00 Aug/19
Singapore 5225.00 Jun/19
South Africa 21432.00 Jun/19
South Korea 3585588.00 Jun/19
Spain 1992.18 Jun/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.65 Sep/19


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