Serbia Minimum Monthly Wages  2012-2017 | Data | Chart | Calendar

Minimum Wages in Serbia decreased to 233.37 EUR/Month in the second half of 2016 from 233.57 EUR/Month in the previous six months. Minimum Wages in Serbia averaged 235.13 EUR/Month from 2012 until 2016, reaching an all time high of 239.24 EUR/Month in June of 2013 and a record low of 232.90 EUR/Month in December of 2014.

Serbia Minimum Monthly Wages
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Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.80 15.20 25.50 13.30 percent [+]
Employed Persons 2814000.00 2761500.00 2838140.00 2157618.00 [+]
Unemployed Persons 686.72 684.82 970.00 684.82 Thousand [+]
Wages 45767.00 45281.00 51485.00 3821.00 RSD/Month [+]
Minimum Wages 233.37 233.57 239.24 232.90 EUR/Month [+]
Population 7.11 7.15 7.63 7.11 Million [+]
Retirement Age Women 60.00 60.00 60.00 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 54.10 52.60 54.10 46.10 percent [+]
Labour Costs 103.07 104.75 129.00 80.00 Index Points [+]
Employment Rate 45.90 42.60 45.90 34.30 percent [+]
Youth Unemployment Rate 36.10 44.20 54.20 32.70 percent [+]



Serbia Minimum Monthly Wages Notes

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). This page provides - Serbia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Minimum Monthly Wages - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
233.37 233.57 239.24 232.90 2012 - 2016 EUR/Month Monthly
Purchasing Power Standards (PPS)



Last
Albania 22000.00 Sep/16
Angola 15003.00 Dec/15
Argentina 8060.00 Jan/17
Armenia 55000.00 Jul/17
Australia 672.70 Dec/16
Azerbaijan 105.00 Dec/15
Belarus 2300000.00 Jan/16
Belgium 1531.93 Dec/16
Bolivia 1805.00 Dec/16
Brazil 880.00 Dec/16
Bulgaria 214.75 Dec/16
Cambodia 153.00 Jan/17
Canada 11.25 Dec/15
Chile 250000.00 Jan/16
China 2190.00 Jan/17
Costa Rica 4912.08 Dec/16
Croatia 414.45 Dec/16
Czech Republic 364.90 Dec/16
Egypt 1200.00 Jan/16
Estonia 430.00 Dec/16
France 1466.62 Dec/16
Germany 8.84 Jan/17
Greece 683.76 Dec/16
Hong Kong 34.50 May/17
Hungary 350.09 Dec/16
Indonesia 3.35 Jan/17
Ireland 1546.35 Dec/16
Israel 4650.00 Apr/15
Japan 823.00 Dec/17
Kazakhstan 24459.00 Jan/17
Kyrgyzstan 1140.00 Dec/17
Latvia 370.00 Dec/16
Lithuania 380.00 Dec/16
Luxembourg 1922.96 Dec/16
Macedonia 232.28 Dec/16
Malaysia 1000.00 Jul/16
Malta 728.04 Dec/16
Mexico 80.04 Jan/17
Montenegro 288.05 Dec/16
Mozambique 3298.00 Apr/16
Myanmar 3600.00 Dec/16
Netherlands 1537.20 Dec/16
New Zealand 15.25 Apr/16
Papua New Guinea 140.00 Dec/16
Paraguay 1964.51 Dec/16
Peru 850.00 Nov/16
Poland 417.02 Dec/16
Portugal 649.83 Jan/17
Romania 276.34 Dec/16
Russia 7500.00 Jul/16
Serbia 233.37 Dec/16
Slovakia 405.00 Dec/16
Slovenia 790.73 Dec/16
South Korea 6470.00 Jan/17
Spain 764.40 Dec/16
Taiwan 21009.00 Dec/17
Thailand 300.00 Dec/16
Turkey 1777.50 Jan/17
United Kingdom 7.20 Apr/16
United States 7.25 Dec/15
Venezuela 104358.00 Jan/17
Vietnam 3750.00 Jan/17