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Serbia Wages: Minimum and Average

Serbia Wages Data

Indicator Data Period
Minimum Wages 401 EUR/Month | 410.734 USD/Month 1Q/22
Wages 73012 RSD/Month | 636.85 USD/Month Apr/22


Latest data on Minimum Wages (EUR/Month)

Minimum Wages
                     Serbia - Historical Data (EUR/Month)

What is minimum wage in Serbia?

  • Minimum Wages in Serbia increased to 401 EUR/Month (410.734 USD/Month) in the first quarter of 2022. 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
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
247.93 2Q/17 19.01.2018
233.37 4Q/16 31.12.2016


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)

Wages
                     Serbia - Historical Data (RSD/Month)

What is average wage in Serbia?

  • Average Wages in Serbia decreased to 73012 RSD/Month (636.85 USD/Month) in April 2022. 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
73012 Apr/22 25.06.2022
74664 Mar/22 28.05.2022
70605 Feb/22 30.04.2022
70920 Jan/22 26.03.2022
74629 Dec/21 26.02.2022
69136 Nov/21 29.01.2022
66048 Oct/21 18.01.2022
64731 Jul/21 25.09.2021


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 2021 65 65
Unemployment Rate 1Q/22 10.6 % 9.8
Labor Force Participation Rate 4Q/21 55.4 % 55.8

Wages in other countries

Country Updated Actual Previous
Austria 2020 2993.957 USD/Month 2916.112
Ireland 1Q/22 3605.449 USD/Month 3543.993
Luxembourg 2020 5598.689 USD/Month 5624.296
Spain 1Q/22 2055.721 USD/Month 2218.58
Iceland 2020 5405.325 USD/Month 5139.126
Norway 1Q/22 5195.659 USD/Month 5015.434
Belarus May/22 622.231 USD/Month 620.253
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/22 874.672 USD/Month 810.173
Croatia Apr/22 1027.572 USD/Month 1035.741
Cyprus 4Q/21 2397.829 USD/Month 1994.264
Czech Republic 1Q/22 1568.857 USD/Month 1660.104
Denmark 2020 6012.113 USD/Month 5876.218
Estonia 1Q/22 1631.671 USD/Month 1664.447
Euro Area 3Q/21 2010.652 USD/Month 1946.123
Finland 3Q/21 3781.625 USD/Month 3766.26
France 2019 3260.268 USD/Month 3213.152
Germany 4Q/21 4269.18 USD/Month 4230.257
Hungary Apr/22 1241.342 USD/Month 1250.459
Italy 2020 2389.634 USD/Month 2562.737
Latvia Mar/22 1035.542 USD/Month 929.018
Lithuania 1Q/22 1771.996 USD/Month 1719.758
Macedonia Apr/22 786.893 USD/Month 775.831
Malta 1Q/22 145.618 USD/Month 130.68
Moldova 1Q/22 499.277 USD/Month 510.086
Montenegro May/22 897.265 USD/Month 894.192
Poland 1Q/22 1349.304 USD/Month 1297.366
Portugal 2019 1216.839 USD/Month 1199.426
Romania Apr/22 1334.756 USD/Month 1326.055
Russia Apr/22 1094.191 USD/Month 1173.054
Serbia Apr/22 636.85 USD/Month 651.26
Slovakia Apr/22 1365.359 USD/Month 1374.577
Slovenia Apr/22 2050.599 USD/Month 2056.745
Sweden Apr/22 2817.813 USD/Month 2787.35
Switzerland 2020 6567.442 USD/Month 6515.762
Ukraine Jan/22 498.274 USD/Month 596.582
United Kingdom Aug/19 2798.54 USD/Month
Albania 1Q/22 513.357 USD/Month 516.156
Bosnia and Herzegovina Apr/22 873.137 USD/Month 881.563
Kosovo Dec/18 558.79 USD/Month 559.9