Wages in Serbia increased to 65025 RSD/Month in May from 64948 RSD/Month in April of 2021. source: Statistical Office of the Republic of Serbia

Wages in Serbia averaged 34335.40 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 August 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

Actual Previous Highest Lowest Dates Unit Frequency
65025.00 64948.00 66092.00 3821.00 2000 - 2021 RSD/Month Monthly
Current Prices, NSA

Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.80 10.70 25.50 7.90 percent [+]
Employed Persons 2722200.00 2920900.00 2938700.00 2157618.00 [+]
Unemployed Persons 548.23 549.04 970.00 491.35 Thousand [+]
Wages 65025.00 64948.00 66092.00 3821.00 RSD/Month [+]
Minimum Wages 366.04 344.43 366.04 92.72 EUR/Month [+]
Population 6.93 6.96 7.63 6.93 Million [+]
Retirement Age Women 63.17 63.00 63.17 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 55.10 54.80 55.50 46.10 percent [+]
Labour Costs 96.44 95.55 135.28 64.88 points [+]
Employment Rate 49.70 49.90 49.90 34.30 percent [+]
Youth Unemployment Rate 32.40 26.50 54.20 20.70 percent [+]
Wage Growth 9.40 7.10 94.60 -8.80 percent [+]


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