Serbia Wages: Minimum and Average
Serbia Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 461 EUR/Month | 489.073 USD/Month | 3Q/23 |
| Wages | 83781 RSD/Month | 758.594 USD/Month | Jul/23 |
Latest data on Minimum Wages (EUR/Month)
What is minimum wage in Serbia?
- Minimum Wages in Serbia increased to 461 EUR/Month (489.073 USD/Month) in the third 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
| 461 | 3Q/23 | 16.08.2023 |
| 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 |
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 83781 RSD/Month (758.594 USD/Month) in July 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
| 83781 | Jul/23 | 30.09.2023 |
| 85539 | Jun/23 | 25.08.2023 |
| 86220 | May/23 | 26.07.2023 |
| 83812 | Apr/23 | 26.06.2023 |
| 85485 | Mar/23 | 25.05.2023 |
| 81359 | Feb/23 | 25.04.2023 |
| 82769 | Jan/23 | 25.03.2023 |
| 84227 | Dec/22 | 25.02.2023 |
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 | 2Q/23 | 9.6 % | 10.1 |
| Labor Force Participation Rate | 2Q/23 | 55.8 % | 55.2 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2021 | 2674.517 USD/Month | 3100.997 |
| Ireland | 2Q/23 | 3861.659 USD/Month | 3921.069 |
| Luxembourg | 2022 | 6692.128 USD/Month | 6394.017 |
| Spain | 2Q/23 | 2400.806 USD/Month | 2256.525 |
| Iceland | 2022 | 5859.446 USD/Month | 5569.374 |
| Norway | 2Q/23 | 4976.271 USD/Month | 4885.96 |
| Belarus | Aug/23 | 693.605 USD/Month | 683.353 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Jun/23 | 1045.294 USD/Month | 1049.634 |
| Croatia | Jul/23 | 1141 USD/Month | 1150 |
| Cyprus | 2Q/23 | 2387.015 USD/Month | 2388.076 |
| Czech Republic | 2Q/23 | 1865.756 USD/Month | 1783.943 |
| Denmark | 2021 | 6341.338 USD/Month | 6203.397 |
| Estonia | 2Q/23 | 1987.057 USD/Month | 1847.019 |
| Euro Area | 1Q/23 | 2239.55 USD/Month | 2198.175 |
| Finland | 2Q/23 | 4119.457 USD/Month | 4049.438 |
| France | 2021 | 3523.234 USD/Month | 3500.955 |
| Germany | 4Q/21 | 4349.671 USD/Month | 4217.059 |
| Hungary | Jul/23 | 1537.104 USD/Month | 1558.236 |
| Italy | 2022 | 2786.972 USD/Month | 2656.482 |
| Latvia | Jun/23 | 1196.69 USD/Month | 1198.812 |
| Lithuania | 2Q/23 | 2121.791 USD/Month | 2079.355 |
| Macedonia | Jul/23 | 938.822 USD/Month | 943.754 |
| Malta | 2Q/23 | 161.875 USD/Month | 163.378 |
| Moldova | 2Q/23 | 670.134 USD/Month | 632.158 |
| Montenegro | Aug/23 | 1055.591 USD/Month | 1053.469 |
| Poland | 2Q/23 | 1644.292 USD/Month | 1671.986 |
| Portugal | 2023 | 1107.575 USD/Month | 1087.418 |
| Romania | Jul/23 | 1563.428 USD/Month | 1573.471 |
| Russia | Jul/23 | 730.402 USD/Month | 783.429 |
| Serbia | Jul/23 | 758.594 USD/Month | 774.512 |
| Slovakia | Jul/23 | 1562.699 USD/Month | 1607.257 |
| Slovenia | Jul/23 | 2336.092 USD/Month | 2340.335 |
| Sweden | Jul/23 | 2832.482 USD/Month | 2861.834 |
| Switzerland | 2022 | 7442.892 USD/Month | 7376.358 |
| Ukraine | Jan/22 | 398.627 USD/Month | 477.275 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 2Q/23 | 712.412 USD/Month | 650.128 |
| Bosnia and Herzegovina | Jul/23 | 1054.573 USD/Month | 1059.998 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
