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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)

Minimum Wages
                     Serbia - Historical Data (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)

Wages
                     Serbia - Historical Data (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