Average monthly earnings of employees in Serbia

Serbia: Average monthly earnings of employees was 1,380 in 2025. ◆ Volatile

Latest (2025)
1,380
Change on year
up 28.5%
World rank
89th
of 99 countries
All-time high
45,674
in 2008
All-time low
537.26
in 2013
Years of data
18
2004–2025

Average monthly earnings of employees in Serbia, 2004–2025

010.0k20.0k30.0k40.0k50.0k2004201420252004: 20.6k2005: 25.5k2006: 31.7k2007: 38.7k2008: 45.7k2013: 537.32014: 7502015: 731.42016: 733.82017: 763.62018: 768.82019: 865.32020: 690.42021: 753.92022: 782.92023: 890.52024: 1.1k2025: 1.4k

Source: International Labour Organization.

Analysis

In 2025, average monthly earnings of employees in Serbia stood at 1,380.

Compared with earlier readings it is up 28.5% on the previous year and up 88.6% over ten years.

Over the whole period, average monthly earnings of employees in Serbia peaked at 45,674 in 2008 and was at its lowest, 537.26, in 2013.

Serbia ranks 89th of 99 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Average monthly earnings of employees in Serbia, year by year

Annual values for Average monthly earnings of employees (15+) in Serbia, 2004 to 2025.
Year Value Change
2004 20,555
2005 25,514 +24.1%
2006 31,745 +24.4%
2007 38,744 +22.0%
2008 45,674 +17.9%
2013 537.26 -98.8%
2014 749.96 +39.6%
2015 731.4 -2.5%
2016 733.78 +0.3%
2017 763.62 +4.1%
2018 768.78 +0.7%
2019 865.31 +12.6%
2020 690.41 -20.2%
2021 753.91 +9.2%
2022 782.93 +3.8%
2023 890.49 +13.7%
2024 1,073 +20.5%
2025 1,380 +28.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 32,446 20,555 45,674 5
2010s 735.73 537.26 865.31 7
2020s 928.44 690.41 1,380 6

Countries ranked near Serbia

  1. 86 Bosnia and Herzegovina 1,671 compare
  2. 87 Romania 1,524 compare
  3. 88 Bulgaria 1,392 compare
  4. 90 Belize 1,269 compare
  5. 91 Portugal 1,262 compare
  6. 92 Hungary 1,142 compare

See the full ranking of 99 places →

More work & labour data for Serbia

All data for Serbia →

Frequently asked questions

What is average monthly earnings of employees in Serbia?
Average monthly earnings of employees in Serbia was 1,380 in 2025, according to International Labour Organization.
What is the highest average monthly earnings of employees recorded in Serbia?
The highest recorded value was 45,674 in 2008.
What is the lowest average monthly earnings of employees recorded in Serbia?
The lowest recorded value was 537.26 in 2013.
How does Serbia rank for average monthly earnings of employees?
Serbia ranks 89th out of 99 countries with data for 2025.
Is average monthly earnings of employees rising or falling in Serbia?
Over the last ten years it is up 88.6%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from International Labour Organization, published as part of Average monthly earnings of employees (15+). Statizoid updates them automatically from the source API.

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Average monthly earnings of employees in Serbia. Statizoid, drawing on International Labour Organization. Retrieved 07 September 2026, from https://labour.statizoid.com/stat/average-monthly-earnings-of-employees-15/serbia/

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About this data

Indicator
Average monthly earnings of employees (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
99 places, 1,734 data points, 1989–2026
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. For more information, refer to the Wages and Working Time Statistics (COND) database description.