Wages in Serbia decreased to 63109 RSD/Month in January from 66092 RSD/Month in December of 2020. source: Statistical Office of the Republic of Serbia

Wages in Serbia averaged 33838.71 RSD/Month from 2000 until 2021, reaching an all time high of 66092 RSD/Month in December of 2020 and a record low of 3821 RSD/Month in January of 2001. This page provides - Serbia Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Wages - values, historical data and charts - was last updated on April of 2021.

Wages in Serbia is expected to be 60000.00 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 63026.00 in 12 months time. In the long-term, the Serbia Wages is projected to trend around 66339.00 RSD/Month in 2022 and 69788.00 RSD/Month in 2023, according to our econometric models.

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Serbia Wages

Actual Previous Highest Lowest Dates Unit Frequency
63109.00 66092.00 66092.00 3821.00 2000 - 2021 RSD/Month Monthly
Current Prices, NSA

Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.90 9.00 25.50 7.30 percent [+]
Employed Persons 2920900.00 2936600.00 2938700.00 2157618.00 [+]
Unemployed Persons 509.82 491.35 970.00 491.35 Thousand [+]
Wages 63109.00 66092.00 66092.00 3821.00 RSD/Month [+]
Minimum Wages 366.04 344.43 366.04 92.72 EUR/Month [+]
Population 6.93 6.96 7.63 6.93 Million [+]
Retirement Age Women 63.17 63.00 63.17 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 55.10 54.80 55.50 46.10 percent [+]
Labour Costs 115.89 108.69 135.28 64.88 points [+]
Employment Rate 49.70 49.90 49.90 34.30 percent [+]
Youth Unemployment Rate 32.40 26.50 54.20 20.70 percent [+]
Wage Growth 8.20 9.20 94.60 -8.80 percent [+]


Serbia Wages
In Serbia, wages are benchmarked using the average monthly salary.