Wages in Serbia increased 13.90 percent in December of 2024 over the same month in the previous year. Wage Growth in Serbia averaged 14.48 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 2894900.00 2923500.00 Dec 2024
Employment Rate 51.40 51.90 percent Dec 2024
Labor Force Participation Rate 56.30 56.40 percent Dec 2024
Labour Costs 166.70 160.60 points Dec 2024
Unemployed Persons 273.10 257.10 Thousand Dec 2024
Unemployment Rate 8.60 8.10 percent Dec 2024
Wage Growth 13.90 12.00 percent Dec 2024
Wages 108312.00 100738.00 RSD/Month Dec 2024
Youth Unemployment Rate 25.80 21.50 percent Dec 2024

Serbia Net Wage Growth
Actual Previous Highest Lowest Dates Unit Frequency
13.90 12.00 94.60 -8.80 2002 - 2024 percent Monthly