Wages in Serbia decreased to 64731 RSD/Month in July from 65070 RSD/Month in June of 2021. source: Statistical Office of the Republic of Serbia

Wages in Serbia averaged 34581.90 RSD/Month from 2000 until 2021, reaching an all time high of 66092 RSD/Month in December of 2020 and a record low of 3821 RSD/Month in January of 2001. This page provides - Serbia Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Wages - values, historical data and charts - was last updated on October of 2021.

Wages in Serbia is expected to be 62981.00 RSD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Wages is projected to trend around 73144.00 RSD/Month in 2022 and 76948.00 RSD/Month in 2023, according to our econometric models.

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Serbia Wages

Serbia Last Unit Reference Previous Highest Lowest
Unemployment Rate 11.10 percent Jun/21 12.80 25.50 7.90
Unemployed Persons 506.09 Thousand Aug/21 518.52 970.00 491.35
Employed Persons 2831100.00 Jun/21 2722200.00 2938700.00 2157618.00
Wages 64731.00 RSD/Month Jul/21 65070.00 66092.00 3821.00
Labour Costs 97.28 points Jul/21 99.37 135.28 64.88
Youth Unemployment Rate 22.20 percent Jun/21 32.20 54.20 20.70
Employment Rate 48.30 percent Jun/21 46.30 49.90 34.30
Wage Growth 8.90 percent Jun/21 10.40 94.60 -8.80
Labor Force Participation Rate 54.30 percent Jun/21 53.10 55.50 46.10

Serbia Wages
In Serbia, wages are benchmarked using the average monthly salary.