Wages in Serbia increased 12.80 percent in December of 2022 over the same month in the previous year. source: Statistical Office of the Republic of Serbia

Wage Growth in Serbia averaged 14.47 percent from 2002 until 2022, reaching an all time high of 94.60 percent in January of 2002 and a record low of -8.80 percent in December of 2017. This page provides - Serbia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Net Wage Growth - values, historical data and charts - was last updated on March of 2023.

Wage Growth in Serbia is expected to be 12.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Net Wage Growth is projected to trend around 2.80 percent in 2024 and 2.40 percent in 2025, according to our econometric models.

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Serbia Net Wage Growth

Related Last Previous Unit Reference
Unemployment Rate 9.20 8.90 percent Dec 2022
Unemployed Persons 427.15 428.96 Thousand Dec 2022
Employed Persons 2888700.00 2942000.00 Dec 2022
Wages 82769.00 84227.00 RSD/Month Jan 2023
Youth Unemployment Rate 24.30 25.40 percent Dec 2022
Wage Growth 12.80 13.30 percent Dec 2022
Labour Costs 93.72 88.45 points Nov 2022
Labor Force Participation Rate 55.80 55.80 percent Sep 2022
Employment Rate 50.80 50.90 percent Sep 2022