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Serbia Wages: Minimum and Average

Serbia Wages Data

Indicator Data Period
Minimum Wages 366 EUR/Month | 445.212 USD/Month 1Q/21
Wages 62280 RSD/Month | 643.989 USD/Month Feb/21


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 (445.212 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 decreased to 62280 RSD/Month (643.989 USD/Month) in February 2021. 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
62280 Feb/21 01.05.2021
63109 Jan/21 27.03.2021
66092 Dec/20 27.02.2021
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


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 4Q/20 9.9 % 9
Labor Force Participation Rate 4Q/20 55.1 % 54.8

Wages in other countries

Country Updated Actual Previous
Austria 2019 3459.884 USD/Month 3363.877
Ireland 4Q/20 4107.774 USD/Month 3879.295
Luxembourg 2019 6668.854 USD/Month 6598.362
Spain 4Q/20 2504.831 USD/Month 2259.331
Iceland 2019 5603.249 USD/Month 5433.943
Norway 4Q/20 5805.721 USD/Month 5683.482
Belarus Mar/21 546.265 USD/Month 503.668
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Dec/20 913.401 USD/Month 872.335
Croatia Feb/21 1138.557 USD/Month 1129.012
Cyprus 4Q/20 2758.713 USD/Month 2329.147
Czech Republic 4Q/20 1835.029 USD/Month 1686.274
Denmark 2019 6970.856 USD/Month 6830.758
Estonia 4Q/20 1843.447 USD/Month 1753.404
Euro Area 3Q/20 2282.961 USD/Month 2118.675
Finland 4Q/20 4406.037 USD/Month 4387.78
France 2017 3754.063 USD/Month 3679.809
Germany 4Q/20 4909.372 USD/Month 4842.42
Hungary Feb/21 1363.351 USD/Month 1394.211
Italy 2019 3044.722 USD/Month 3005.78
Latvia Dec/20 1113.491 USD/Month 1040.475
Lithuania 4Q/20 1854.646 USD/Month 1770.676
Macedonia Feb/21 823.714 USD/Month 833.59
Malta 4Q/20 157.657 USD/Month 155.731
Moldova 4Q/20 498.557 USD/Month 454.328
Montenegro Mar/21 954.976 USD/Month 961.059
Poland 4Q/20 1458.346 USD/Month 1381.38
Portugal 2019 1444.816 USD/Month 1424.141
Romania Feb/21 1357.023 USD/Month 1369.86
Russia Feb/21 687.907 USD/Month 664.905
Serbia Feb/21 643.989 USD/Month 652.561
Slovakia Feb/21 1381.978 USD/Month 1431.856
Slovenia Feb/21 2367.425 USD/Month 2405.139
Sweden Feb/21 3542.873 USD/Month 3542.873
Switzerland 2019 6987.751 USD/Month 6925.678
Ukraine Mar/21 490.258 USD/Month 451.972
United Kingdom Aug/19 2798.54 USD/Month
Albania 4Q/20 542.967 USD/Month 521.862
Bosnia and Herzegovina Feb/21 926.444 USD/Month 935.149
Kosovo Dec/18 558.79 USD/Month 559.9