Wages in Serbia increased to 54645 RSD/Month in April from 54271 RSD/Month in March of 2019. Wages in Serbia averaged 31502.88 RSD/Month from 2000 until 2019, reaching an all time high of 54645 RSD/Month in April 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 12.10 12.90 25.50 11.30 percent [+]
Employed Persons 2810500.00 2817400.00 2929300.00 2157618.00 [+]
Unemployed Persons 551.57 568.51 970.00 548.88 Thousand [+]
Wages 54645.00 54271.00 54645.00 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 114.97 107.10 128.07 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54645.00 54271.00 54645.00 3821.00 2000 - 2019 RSD/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 41359.00 Mar/19
Australia 1225.30 Dec/18
Brazil 2289.00 May/19
Canada 25.75 Apr/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 313061.00 May/19
Mexico 377.49 May/19
Russia 48510.00 May/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 532.00 Apr/19
United States 23.43 Jun/19


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