Serbia Wages: Minimum and Average
Serbia Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 460 EUR/Month | 498.861 USD/Month | 1Q/23 |
| Wages | 82769 RSD/Month | 765.136 USD/Month | Jan/23 |
Latest data on Minimum Wages (EUR/Month)
What is minimum wage in Serbia?
- Minimum Wages in Serbia increased to 460 EUR/Month (498.861 USD/Month) in the first quarter of 2023. The maximum rate of minimum wage for employees was 366 EUR/Month and minimum was 92.72 EUR/Month.
- Data published Quarterly by Eurostat.
Historical Data (EUR/Month) by years
Data
Period
Date
| 460 | 1Q/23 | 06.02.2023 |
| 402 | 3Q/22 | 28.10.2022 |
| 401 | 1Q/22 | 05.04.2022 |
| 366 | 1Q/21 | 05.02.2021 |
| 308 | 4Q/19 | 20.01.2020 |
| 308 | 2Q/19 | 03.04.2019 |
| 282.51 | 4Q/18 | 22.08.2018 |
| 285 | 2Q/18 | 19.06.2018 |
Historical Chart by presidents (EUR/Month)
Minimum Wages in Serbia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Aleksandar Vučić | 31.05.2017 - | 249.6900 | 285.0000 | 285.4100 | 247.9300 | 14.14% |
| Tomislav Nikolić | 31.05.2012 - 31.05.2017 | 234.9000 | 233.3700 | 239.2400 | 232.9000 | -0.65% |
Latest data on Wages (RSD/Month)
What is average wage in Serbia?
- Average Wages in Serbia decreased to 82769 RSD/Month (765.136 USD/Month) in January 2023. The maximum rate of average wage for employees was 66092 RSD/Month and minimum was 3821 RSD/Month.
- Data published Monthly by Statistical Office.
Historical Data (RSD/Month) by years
Data
Period
Date
| 82769 | Jan/23 | 25.03.2023 |
| 84227 | Dec/22 | 25.02.2023 |
| 78326 | Nov/22 | 25.01.2023 |
| 75353 | Oct/22 | 28.12.2022 |
| 74981 | Sep/22 | 26.11.2022 |
| 75282 | Aug/22 | 28.10.2022 |
| 73114 | Jul/22 | 01.10.2022 |
| 74302 | Jun/22 | 27.08.2022 |
Historical Chart by presidents (RSD/Month)
Wages in Serbia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Aleksandar Vučić | 31.05.2017 - | 47136.0000 | 49400.0000 | 54344.0000 | 46879.0000 | 4.80% |
| Tomislav Nikolić | 31.05.2012 - 31.05.2017 | 40442.0000 | 49635.0000 | 53456.0000 | 37966.0000 | 22.73% |
| Boris Tadić | 11.06.2004 - 05.04.2012 | 13617.0000 | 40562.0000 | 43887.0000 | 13617.0000 | 197.88% |
Other labor indicators in Serbia
| Index | Updated | Actual | Previous |
| Retirement Age Men | 2022 | 65 | 65 |
| Unemployment Rate | 4Q/22 | 9.2 % | 8.9 |
| Labor Force Participation Rate | 3Q/22 | 55.8 % | 55.8 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2021 | 2731.311 USD/Month | 3166.847 |
| Ireland | 4Q/22 | 3900.325 USD/Month | 3744.312 |
| Luxembourg | 2021 | 6360.78 USD/Month | 5921.993 |
| Spain | 4Q/22 | 2459.603 USD/Month | 2203.666 |
| Iceland | 2021 | 5631.818 USD/Month | 5339.256 |
| Norway | 3Q/22 | 4842.687 USD/Month | 5033.329 |
| Belarus | Jan/23 | 617.51 USD/Month | 702.166 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Dec/22 | 1078.402 USD/Month | 1025.229 |
| Croatia | Jan/23 | 155.34 USD/Month | 148.525 |
| Cyprus | 3Q/22 | 2241.773 USD/Month | 2254.776 |
| Czech Republic | 4Q/22 | 1995.164 USD/Month | 1831.827 |
| Denmark | 2021 | 6478.061 USD/Month | 6337.145 |
| Estonia | 4Q/22 | 1922.869 USD/Month | 1818.871 |
| Euro Area | 2Q/22 | 2202.581 USD/Month | 2168.962 |
| Finland | 4Q/22 | 4128.619 USD/Month | 4114.521 |
| France | 2021 | 3601.562 USD/Month | 3578.788 |
| Germany | 4Q/21 | 4447.457 USD/Month | 4310.812 |
| Hungary | Jan/23 | 1503.347 USD/Month | 1603.552 |
| Italy | 2021 | 2684.091 USD/Month | 2537.686 |
| Latvia | Dec/22 | 1221.126 USD/Month | 1121.353 |
| Lithuania | 4Q/22 | 2060.514 USD/Month | 1950.981 |
| Macedonia | Jan/23 | 894.514 USD/Month | 904.191 |
| Malta | 4Q/22 | 161.317 USD/Month | 159.328 |
| Moldova | 4Q/22 | 626.384 USD/Month | 578.017 |
| Montenegro | Jan/23 | 1019.412 USD/Month | 976.033 |
| Poland | 4Q/22 | 1555.972 USD/Month | 1497.735 |
| Portugal | 2019 | 1288.364 USD/Month | 1269.927 |
| Romania | Jan/23 | 1494.781 USD/Month | 1555.176 |
| Russia | Dec/22 | 1131.417 USD/Month | 806.474 |
| Serbia | Jan/23 | 765.136 USD/Month | 778.614 |
| Slovakia | Jan/23 | 1510.682 USD/Month | 1571.413 |
| Slovenia | Jan/23 | 2326.212 USD/Month | 2341.395 |
| Sweden | Dec/22 | 2888.103 USD/Month | 2888.103 |
| Switzerland | 2021 | 7236.728 USD/Month | 7250.87 |
| Ukraine | Jan/22 | 398.627 USD/Month | 477.275 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 4Q/22 | 629.723 USD/Month | 587.74 |
| Bosnia and Herzegovina | Jan/23 | 1033.315 USD/Month | 1016.657 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
