Minimum Wages in Serbia remained unchanged at 544.22 EUR/Month in the fourth quarter of 2024 from 544.22 EUR/Month in the third quarter of 2024. Minimum Wages in Serbia averaged 280.89 EUR/Month from 2002 until 2024, reaching an all time high of 544.22 EUR/Month in the third quarter of 2024 and a record low of 92.72 EUR/Month in the third quarter of 2002. source: EUROSTAT




Related Last Previous Unit Reference
Employed Persons 2923500.00 2899700.00 Sep 2024
Employment Rate 51.90 51.40 percent Sep 2024
Labor Force Participation Rate 56.40 56.00 percent Sep 2024
Labour Costs 160.60 171.20 points Sep 2024
Minimum Wages 544.22 544.22 EUR/Month Dec 2024
Population 6.61 6.64 Million Dec 2024
Retirement Age Men 65.00 65.00 Years Dec 2024
Retirement Age Women 63.67 63.50 Years Dec 2024
Unemployed Persons 257.10 257.80 Thousand Sep 2024
Unemployment Rate 8.10 8.20 percent Sep 2024
Wage Growth 13.60 13.00 percent Oct 2024
Wages 98538.00 96115.00 RSD/Month Oct 2024
Youth Unemployment Rate 21.50 20.20 percent Sep 2024

Serbia Gross Minimum Monthly Wages
In Serbia, minimum wage refers to gross monthly earnings and it's published by Eurostat twice a year. Since in Serbia the minimum hourly wage is fixed, the following conversion is applied: (hourly net rate x 40 hours x 52.2 weeks) / 12 months. In January, 2015 it was approved an increase of 5.2% in the minimum hourly wage (last adjusted upwards was in 2012).
Actual Previous Highest Lowest Dates Unit Frequency
544.22 544.22 544.22 92.72 2002 - 2024 EUR/Month Quarterly