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)
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)
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 |
