Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Serbia

Serbia: Labour cost index by NACE Rev. 2 activity - nominal value, annual data was 186.5 in 2025. β–² Rising

Latest (2025)
186.5
Change on year
up 12.6%
World rank
1st
of 32 countries
All-time high
186.5
in 2025
All-time low
74.4
in 2011
Years of data
15
2011–2025

Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Serbia, 2011–2025

0501001502002011201820252011: 74.42012: 79.92013: 84.72014: 84.62015: 82.12016: 83.22017: 87.42018: 92.72019: 92.42020: 1002021: 110.92022: 128.72023: 1462024: 165.62025: 186.5

Source: Eurostat.

Analysis

In 2025, labour cost index by nace rev. 2 activity - nominal value, annual data in Serbia stood at 186.5. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 12.6% on the previous year and up 127.2% over ten years.

Over the whole period, labour cost index by nace rev. 2 activity - nominal value, annual data in Serbia peaked at 186.5 in 2025 and was at its lowest, 74.4, in 2011.

Serbia ranks 1st of 32 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 84.6 74.4 92.7 9
2020s 139.62 100 186.5 6

Countries ranked near Serbia

  1. 2 Bulgaria 183.4 compare
  2. 3 Hungary 174.7 compare
  3. 4 Lithuania 171.8 compare

See the full ranking of 36 places β†’

More work & labour data for Serbia

All data for Serbia β†’

Frequently asked questions

What is labour cost index by nace rev. 2 activity - nominal value, annual data in Serbia?
Labour cost index by nace rev. 2 activity - nominal value, annual data in Serbia was 186.5 in 2025, according to Eurostat.
What is the highest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Serbia?
The highest recorded value was 186.5 in 2025.
What is the lowest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Serbia?
The lowest recorded value was 74.4 in 2011.
How does Serbia rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
Serbia ranks 1st out of 32 countries with data for 2025.
Is labour cost index by nace rev. 2 activity - nominal value, annual data rising or falling in Serbia?
Over the last ten years it is up 127.2%. 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 Labour cost index by NACE Rev. 2 activity - nominal value, annual data. Statizoid updates them automatically from the source API.

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About this data

Indicator
Labour cost index by NACE Rev. 2 activity - nominal value, annual data
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
36 places, 826 data points, 1996–2025
Last refreshed