Minimum Wages in Serbia increased to 401.97 EUR/Month in the third quarter of 2022 from 401.36 EUR/Month in the first quarter of 2022. source: EUROSTAT

Minimum Wages in Serbia averaged 230.36 EUR/Month from 2002 until 2022, reaching an all time high of 401.97 EUR/Month in the third quarter of 2022 and a record low of 92.72 EUR/Month in the third quarter of 2002. This page provides - Serbia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Gross Minimum Monthly Wages - values, historical data and charts - was last updated on November of 2022.

Minimum Wages in Serbia is expected to be 380.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Gross Minimum Monthly Wages is projected to trend around 380.00 EUR/Month in 2023 and 410.00 EUR/Month in 2024, according to our econometric models.

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Serbia Gross Minimum Monthly Wages



Related Last Previous Unit Reference
Minimum Wages 401.97 401.36 EUR/Month Sep 2022
Population 6.87 6.93 Million Dec 2021

Serbia Gross Minimum Monthly Wages
In Serbia, minimum wage refers to gross monthly earnings and it's published by Eurostat twice a year. Since in Serbia the minimum hourly wage is fixed, the following conversion is applied: (hourly net rate x 40 hours x 52.2 weeks) / 12 months. In January, 2015 it was approved an increase of 5.2% in the minimum hourly wage (last adjusted upwards was in 2012).
Actual Previous Highest Lowest Dates Unit Frequency
401.97 401.36 401.97 92.72 2002 - 2022 EUR/Month Quarterly