Labor Force Participation Rate in Serbia increased to 55.80 percent in the second quarter of 2022 from 55.20 percent in the first quarter of 2022. source: Statistical Office of the Republic of Serbia

Labor Force Participation Rate in Serbia averaged 51.23 percent from 2008 until 2022, reaching an all time high of 55.80 percent in the third quarter of 2021 and a record low of 47.70 percent in the first quarter of 2012. This page provides - Serbia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Labor Force Participation Rate - values, historical data and charts - was last updated on September of 2022.

Labor Force Participation Rate in Serbia is expected to be 55.65 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Labor Force Participation Rate is projected to trend around 57.61 percent in 2023 and 57.68 percent in 2024, according to our econometric models.

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Serbia Labor Force Participation Rate

Related Last Previous Unit Reference
Unemployment Rate 8.90 10.60 percent Jun 2022
Unemployed Persons 440.62 444.21 Thousand Jul 2022
Employed Persons 2953500.00 2869700.00 Jun 2022
Wages 74302.00 74168.00 RSD/Month Jun 2022
Labour Costs 92.62 95.49 points Jun 2022
Labor Force Participation Rate 55.80 55.20 percent Jun 2022
Youth Unemployment Rate 18.70 28.80 percent Jun 2022
Wage Growth 14.20 14.10 percent Jun 2022
Employment Rate 50.90 49.30 percent Jun 2022