Compensation of employees by NUTS 2 region in Serbia

Serbia: Compensation of employees by NUTS 2 region was 31,270 in 2023. ▲ Rising

Latest (2023)
31,270
Change on year
up 16.1%
World rank
25th
of 34 countries
All-time high
31,270
in 2023
All-time low
4,416
in 2001
Years of data
24
2000–2023

Compensation of employees by NUTS 2 region in Serbia, 2000–2023

010.0k20.0k30.0k2000201120232000: 8.1k2001: 4.4k2002: 6.3k2003: 7.2k2004: 7.9k2005: 8.4k2006: 9.9k2007: 12.5k2008: 14.4k2009: 13.1k2010: 12.3k2011: 13.5k2012: 13.3k2013: 13.8k2014: 13.5k2015: 13.3k2016: 13.8k2017: 14.9k2018: 16.8k2019: 18.8k2020: 20.8k2021: 23.5k2022: 26.9k2023: 31.3k

Source: Eurostat.

Analysis

Serbia recorded 31,270 for compensation of employees by nuts 2 region in 2023. That is the highest value across all 24 years on record.

That represents a change of up 16.1% on the previous year and up 126.5% over ten years.

Over the whole period, compensation of employees by nuts 2 region in Serbia peaked at 31,270 in 2023 and was at its lowest, 4,416, in 2001.

Serbia ranks 25th of 34 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Compensation of employees by NUTS 2 region in Serbia, year by year

Annual values for Compensation of employees by NUTS 2 region in Serbia, 2000 to 2023.
Year Value Change
2000 8,084
2001 4,416 -45.4%
2002 6,331 +43.4%
2003 7,168 +13.2%
2004 7,898 +10.2%
2005 8,441 +6.9%
2006 9,934 +17.7%
2007 12,451 +25.3%
2008 14,372 +15.4%
2009 13,064 -9.1%
2010 12,297 -5.9%
2011 13,464 +9.5%
2012 13,340 -0.9%
2013 13,806 +3.5%
2014 13,456 -2.5%
2015 13,337 -0.9%
2016 13,789 +3.4%
2017 14,938 +8.3%
2018 16,802 +12.5%
2019 18,755 +11.6%
2020 20,761 +10.7%
2021 23,479 +13.1%
2022 26,930 +14.7%
2023 31,270 +16.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9,216 4,416 14,372 10
2010s 14,398 12,297 18,755 10
2020s 25,610 20,761 31,270 4

Countries ranked near Serbia

  1. 22 Croatia 40,793 compare
  2. 23 Lithuania 39,063 compare
  3. 24 Slovenia 34,740 compare
  4. 26 Latvia 21,296 compare
  5. 27 Estonia 20,179 compare
  6. 28 Cyprus 15,320 compare

See the full ranking of 357 places →

More work & labour data for Serbia

All data for Serbia →

Frequently asked questions

What is compensation of employees by nuts 2 region in Serbia?
Compensation of employees by nuts 2 region in Serbia was 31,270 in 2023, according to Eurostat.
What is the highest compensation of employees by nuts 2 region recorded in Serbia?
The highest recorded value was 31,270 in 2023.
What is the lowest compensation of employees by nuts 2 region recorded in Serbia?
The lowest recorded value was 4,416 in 2001.
How does Serbia rank for compensation of employees by nuts 2 region?
Serbia ranks 25th out of 34 countries with data for 2023.
Is compensation of employees by nuts 2 region rising or falling in Serbia?
Over the last ten years it is up 126.5%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from Eurostat, published as part of Compensation of employees by NUTS 2 region. Statizoid updates them automatically from the source API.

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Compensation of employees by NUTS 2 region in Serbia. Statizoid, drawing on Eurostat. Retrieved 26 August 2026, from https://labour.statizoid.com/stat/compensation-of-employees-by-nuts-2-region/serbia/

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About this data

Indicator
Compensation of employees by NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
357 places, 8,539 data points, 2000–2024
Last refreshed