Compensation per employee and hours worked per employed person by in Serbia

Serbia: Compensation per employee and hours worked per employed person by was 13,600 Euro in 2023. ▲ Rising

Latest (2023)
13,600 Euro
Change on year
up 14.3%
World rank
39th
of 40 countries
All-time high
13,600 Euro
in 2023
All-time low
1,800 Euro
in 2001
Years of data
24
2000–2023

Compensation per employee and hours worked per employed person by in Serbia, 2000–2023

2.5k5.0k7.5k10.0k12.5k2000201120232000: 3.3k Euro2001: 1.8k Euro2002: 2.6k Euro2003: 3.1k Euro2004: 3.4k Euro2005: 3.7k Euro2006: 4.6k Euro2007: 5.9k Euro2008: 6.8k Euro2009: 6.4k Euro2010: 6.3k Euro2011: 7.1k Euro2012: 6.9k Euro2013: 7.3k Euro2014: 7.1k Euro2015: 6.9k Euro2016: 7.0k Euro2017: 7.4k Euro2018: 8.1k Euro2019: 8.8k Euro2020: 9.6k Euro2021: 10.5k Euro2022: 11.9k Euro2023: 13.6k Euro

Source: Eurostat. Measured in Euro.

Analysis

Serbia recorded 13,600 Euro for compensation per employee and hours worked per employed person by in 2023. That is the highest value across all 24 years on record.

The figure is up 14.3% on the previous year and up 86.3% over ten years.

Over the whole period, compensation per employee and hours worked per employed person by in Serbia peaked at 13,600 Euro in 2023 and was at its lowest, 1,800 Euro, in 2001.

That places Serbia 39th out of 40 countries with data for 2023, putting it in the bottom quarter.

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

Compensation per employee and hours worked per employed person by in Serbia, year by year

Annual values for Compensation per employee and hours worked per employed person by NUTS 2 region and by industry in Serbia, 2000 to 2023.
Year Euro Change
2000 3,300 Euro
2001 1,800 Euro -45.5%
2002 2,600 Euro +44.4%
2003 3,100 Euro +19.2%
2004 3,400 Euro +9.7%
2005 3,700 Euro +8.8%
2006 4,600 Euro +24.3%
2007 5,900 Euro +28.3%
2008 6,800 Euro +15.3%
2009 6,400 Euro -5.9%
2010 6,300 Euro -1.6%
2011 7,100 Euro +12.7%
2012 6,900 Euro -2.8%
2013 7,300 Euro +5.8%
2014 7,100 Euro -2.7%
2015 6,900 Euro -2.8%
2016 7,000 Euro +1.4%
2017 7,400 Euro +5.7%
2018 8,100 Euro +9.5%
2019 8,800 Euro +8.6%
2020 9,600 Euro +9.1%
2021 10,500 Euro +9.4%
2022 11,900 Euro +13.3%
2023 13,600 Euro +14.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4,160 Euro 1,800 Euro 6,800 Euro 10
2010s 7,290 Euro 6,300 Euro 8,800 Euro 10
2020s 11,400 Euro 9,600 Euro 13,600 Euro 4

Countries ranked near Serbia

  1. 36 Romania 18,900 Euro compare
  2. 37 Hungary 18,500 Euro compare
  3. 38 Bulgaria 15,600 Euro compare
  4. 40 North Macedonia 10,000 Euro compare

See the full ranking of 354 places →

More work & labour data for Serbia

All data for Serbia →

Frequently asked questions

What is compensation per employee and hours worked per employed person by in Serbia?
Compensation per employee and hours worked per employed person by in Serbia was 13,600 Euro in 2023, according to Eurostat.
What is the highest compensation per employee and hours worked per employed person by recorded in Serbia?
The highest recorded value was 13,600 Euro in 2023.
What is the lowest compensation per employee and hours worked per employed person by recorded in Serbia?
The lowest recorded value was 1,800 Euro in 2001.
How does Serbia rank for compensation per employee and hours worked per employed person by?
Serbia ranks 39th out of 40 countries with data for 2023.
Is compensation per employee and hours worked per employed person by rising or falling in Serbia?
Over the last ten years it is up 86.3%. 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 per employee and hours worked per employed person by NUTS 2 region and by industry. Statizoid updates them automatically from the source API.

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Compensation per employee and hours worked per employed person by in Serbia. Statizoid, drawing on Eurostat. Retrieved 03 September 2026, from https://labour.statizoid.com/stat/compensation-per-employee-and-hours-worked-per-employed-person-by-nuts-2-region-and-by/serbia/

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About this data

Indicator
Compensation per employee and hours worked per employed person by NUTS 2 region and by industry
Unit
Euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
354 places, 8,566 data points, 2000–2024
Last refreshed