Wages in Serbia increased 13.60 percent in October of 2024 over the same month in the previous year. Wage Growth in Serbia averaged 14.49 percent from 2002 until 2024, reaching an all time high of 94.60 percent in January of 2002 and a record low of -8.80 percent in December of 2017. source: Statistical Office of the Republic of Serbia

Wage Growth in Serbia is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Net Wage Growth is projected to trend around 5.00 percent in 2026, according to our econometric models.




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
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 Net Wage Growth
Actual Previous Highest Lowest Dates Unit Frequency
13.60 13.00 94.60 -8.80 2002 - 2024 percent Monthly