Wages in Serbia decreased to 47920 RSD/Month in September from 49773 RSD/Month in August of 2018. Wages in Serbia averaged 30810.49 RSD/Month from 2000 until 2018, reaching an all time high of 54344 RSD/Month in December of 2017 and a record low of 3821 RSD/Month in January of 2001.

Wages in Serbia is expected to be 56000.00 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 48975.03 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 11.30 11.90 25.50 11.30 percent [+]
Employed Persons 2929300.00 2896800.00 2929300.00 2157618.00 [+]
Unemployed Persons 553.96 563.68 970.00 553.96 Thousand [+]
Wages 47920.00 49773.00 54344.00 3821.00 RSD/Month [+]
Minimum Wages 282.51 285.41 285.41 230.14 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 55.20 52.90 55.30 46.10 percent [+]
Labour Costs 113.82 108.61 129.00 80.00 Index Points [+]
Employment Rate 48.60 45.10 48.60 34.30 percent [+]
Youth Unemployment Rate 27.50 34.60 54.20 27.50 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
47920.00 49773.00 54344.00 3821.00 2000 - 2018 RSD/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2230.00 Oct/18
Canada 25.24 Sep/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 304414.00 Oct/18
Mexico 350.62 Oct/18
Russia 42000.00 Oct/18
Singapore 4962.00 Sep/18
South Africa 20176.00 Jun/18
South Korea 3737254.00 Sep/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 524.00 Sep/18
United States 22.95 Nov/18


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