Labor share of gdp in Serbia
Serbia: Labor share of gdp was 56.3 in 2020. ▼ Falling
Latest (2020)
56.3
Change on year
up 7.4%
World rank
37th
of 186 countries
All-time high
60.8
in 2004
All-time low
45.6
in 2011
Years of data
17
2004–2020
Labor share of gdp in Serbia, 2004–2020
Source: Our World in Data.
Analysis
The most recent figure for labor share of gdp in Serbia is 56.3, measured in 2020.
That represents a change of up 7.4% on the previous year and up 15.1% over ten years.
Over the whole period, labor share of gdp in Serbia peaked at 60.8 in 2004 and was at its lowest, 45.6, in 2011.
Serbia ranks 37th of 186 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.8 | 53.1 | 60.8 | 6 |
| 2010s | 48.72 | 45.6 | 52.4 | 10 |
| 2020s | 56.3 | 56.3 | 56.3 | 1 |
Countries ranked near Serbia
More work & labour data for Serbia
- Population - Est. & Proj. — Urban population 5,121 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,326 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,850 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,852 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,702 1000 No (2100)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 59.1% (2025)
- Labor force participation rate, male (% of male population ages 15+) 66.5% (2025)
Frequently asked questions
- What is labor share of gdp in Serbia?
- Labor share of gdp in Serbia was 56.3 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Serbia?
- The highest recorded value was 60.8 in 2004.
- What is the lowest labor share of gdp recorded in Serbia?
- The lowest recorded value was 45.6 in 2011.
- How does Serbia rank for labor share of gdp?
- Serbia ranks 37th out of 186 countries with data for 2020.
- Is labor share of gdp rising or falling in Serbia?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).