Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0
Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

Serbia Wages: Minimum and Average

Serbia Wages Data

Indicator Data Period
Minimum Wages 366 EUR/Month | 415.314 USD/Month 1Q/21
Wages 66048 RSD/Month | 637.22 USD/Month Oct/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 (432.604 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 64948 RSD/Month (654.923 USD/Month) in April 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
65070 Jun/21 28.08.2021
65025 May/21 31.07.2021
64948 Apr/21 26.06.2021
65289 Mar/21 29.05.2021
62280 Feb/21 01.05.2021
63109 Jan/21 27.03.2021
66092 Dec/20 27.02.2021
60926 Nov/20 30.01.2021


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
Unemployment Rate 1Q/21 12.8 % 10.7
Wages Apr/21 654.923 USD/Month 658.362
Labor Force Participation Rate 4Q/20 55.1 % 54.8

Wages in other countries

Country Updated Actual Previous
Austria 2019 3365.089 USD/Month 3271.713
Ireland 1Q/21 4103.825 USD/Month 3995.083
Luxembourg 2019 6485.509 USD/Month 6416.954
Spain 1Q/21 2255.213 USD/Month 2436.055
Iceland 2019 5599.567 USD/Month 5430.372
Norway 1Q/21 5729.35 USD/Month 5595.069
Belarus May/21 558.483 USD/Month 549.831
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/21 906.509 USD/Month 864.809
Croatia Apr/21 1118.229 USD/Month 1127.071
Cyprus 4Q/20 2679.542 USD/Month 2262.304
Czech Republic 1Q/21 1626.412 USD/Month 1775.755
Denmark 2019 6770.694 USD/Month 6634.619
Estonia 1Q/21 1741.052 USD/Month 1790.695
Euro Area 4Q/20 2246.939 USD/Month 2217.389
Finland 4Q/20 4278.758 USD/Month 4261.028
France 2018 3707.863 USD/Month 3645.218
Germany 1Q/21 4739.729 USD/Month 4766.914
Hungary Apr/21 1426.809 USD/Month 1413.68
Italy 2020 2757.553 USD/Month 2957.307
Latvia Mar/21 1101.603 USD/Month 1028.32
Lithuania 1Q/21 1793.059 USD/Month 1801.333
Macedonia Apr/21 816.572 USD/Month 809.953
Malta 4Q/20 153.165 USD/Month 151.293
Moldova 1Q/21 469.288 USD/Month 490.954
Montenegro May/21 936.126 USD/Month 933.762
Poland 1Q/21 1487.497 USD/Month 1428.594
Portugal 2019 1404.189 USD/Month 1384.095
Romania May/21 1366.52 USD/Month 1392.675
Russia Apr/21 766.09 USD/Month 747.065
Serbia Apr/21 654.923 USD/Month 658.362
Slovakia May/21 1637.038 USD/Month 1492.837
Slovenia Apr/21 2358.045 USD/Month 2375.774
Sweden Apr/21 3405.099 USD/Month 3386.491
Switzerland 2020 6870.898 USD/Month 6816.83
Ukraine May/21 494.197 USD/Month 495.808
United Kingdom Aug/19 2798.54 USD/Month
Albania 1Q/21 541.912 USD/Month 531.58
Bosnia and Herzegovina Apr/21 925.903 USD/Month 931.967
Kosovo Dec/18 558.79 USD/Month 559.9