Serbia Wages: Minimum and Average
Serbia Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 366 EUR/Month | 445.722 USD/Month | 1Q/21 |
| Wages | 60926 RSD/Month | 630.525 USD/Month | Nov/20 |
Latest data on Minimum Wages (EUR/Month)
What is minimum wage in Serbia?
- Minimum Wages in Serbia increased to 366 EUR/Month (445.722 USD/Month) in the first quarter of 2021. 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
| 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 |
| 233.57 | 2Q/16 | 30.06.2016 |
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)
What is average wage in Serbia?
- Average Wages in Serbia increased to 60926 RSD/Month (630.525 USD/Month) in November 2020. The maximum rate of average wage for employees was 60926 RSD/Month and minimum was 3821 RSD/Month.
- Data published Monthly by Statistical Office.
Historical Data (RSD/Month) by years
Data
Period
Date
| 60926 | Nov/20 | 30.01.2021 |
| 60109 | Oct/20 | 26.12.2020 |
| 59698 | Sep/20 | 28.11.2020 |
| 58513 | Aug/20 | 29.10.2020 |
| 60029 | Jul/20 | 26.09.2020 |
| 59740 | Jun/20 | 29.08.2020 |
| 58892 | May/20 | 25.07.2020 |
| 58932 | Apr/20 | 27.06.2020 |
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 | 2018 | 65 | 65 |
| Unemployment Rate | 3Q/20 | 9 % | 7.3 |
| Labor Force Participation Rate | 3Q/20 | 54.8 % | 52 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2019 | 3466.287 USD/Month | 3370.103 |
| Ireland | 3Q/20 | 3886.285 USD/Month | 3983.685 |
| Luxembourg | 2019 | 6680.302 USD/Month | 6609.689 |
| Spain | 3Q/20 | 2263.292 USD/Month | 2196.331 |
| Iceland | 2018 | 5319.066 USD/Month | 5191.853 |
| Norway | 2Q/20 | 5830.605 USD/Month | 5748.035 |
| Belarus | Dec/20 | 566.872 USD/Month | 499.616 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Dec/20 | 914.095 USD/Month | 872.998 |
| Croatia | Dec/20 | 1124.551 USD/Month | 1102.699 |
| Cyprus | 3Q/20 | 2322.523 USD/Month | 2313.997 |
| Czech Republic | 3Q/20 | 1644.455 USD/Month | 1591.919 |
| Denmark | 2019 | 6976.348 USD/Month | 6836.14 |
| Estonia | 3Q/20 | 1755.112 USD/Month | 1745.369 |
| Euro Area | 3Q/20 | 2284.99 USD/Month | 2120.559 |
| Finland | 3Q/20 | 4390.88 USD/Month | 4368.956 |
| France | 2017 | 3756.395 USD/Month | 3682.095 |
| Germany | 3Q/20 | 4845.252 USD/Month | 4711.27 |
| Hungary | Nov/20 | 1475.629 USD/Month | 1337.974 |
| Italy | 2019 | 3047.095 USD/Month | 3008.123 |
| Latvia | Sep/20 | 1013.546 USD/Month | 1018.419 |
| Lithuania | 3Q/20 | 1772.445 USD/Month | 1682.3 |
| Macedonia | Nov/20 | 812.299 USD/Month | 822.428 |
| Malta | 3Q/20 | 155.944 USD/Month | 151.375 |
| Moldova | 3Q/20 | 462.248 USD/Month | 449.367 |
| Montenegro | Dec/20 | 957.626 USD/Month | 955.189 |
| Poland | 4Q/20 | 1470.489 USD/Month | 1392.882 |
| Portugal | 2019 | 1447.104 USD/Month | 1426.396 |
| Romania | Dec/20 | 1475.633 USD/Month | 1390.433 |
| Russia | Dec/20 | 936.139 USD/Month | 665.829 |
| Serbia | Nov/20 | 630.525 USD/Month | 622.07 |
| Slovakia | Dec/20 | 1561.225 USD/Month | 1819.4 |
| Slovenia | Dec/20 | 2461.093 USD/Month | 2469.617 |
| Sweden | Nov/20 | 3454.077 USD/Month | 3415.484 |
| Switzerland | 2019 | 6968.364 USD/Month | 6906.462 |
| Ukraine | Dec/20 | 500.494 USD/Month | 423.12 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 3Q/20 | 518.531 USD/Month | 531.628 |
| Bosnia and Herzegovina | Dec/20 | 949.182 USD/Month | 928.656 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
