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 Index, 2020=100 in 2025. ▲ Rising
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Serbia, 2011–2025
Source: Eurostat. Measured in Index, 2020=100.
Analysis
In 2025, labour cost index by nace rev. 2 activity - nominal value, annual data in Serbia stood at 186.5 Index, 2020=100. 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 Index, 2020=100 in 2025 and was at its lowest, 74.4 Index, 2020=100, in 2011.
Serbia ranks 1st of 40 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Serbia, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2011 | 74.4 Index, 2020=100 | — |
| 2012 | 79.9 Index, 2020=100 | +7.4% |
| 2013 | 84.7 Index, 2020=100 | +6.0% |
| 2014 | 84.6 Index, 2020=100 | -0.1% |
| 2015 | 82.1 Index, 2020=100 | -3.0% |
| 2016 | 83.2 Index, 2020=100 | +1.3% |
| 2017 | 87.4 Index, 2020=100 | +5.0% |
| 2018 | 92.7 Index, 2020=100 | +6.1% |
| 2019 | 92.4 Index, 2020=100 | -0.3% |
| 2020 | 100 Index, 2020=100 | +8.2% |
| 2021 | 110.9 Index, 2020=100 | +10.9% |
| 2022 | 128.7 Index, 2020=100 | +16.1% |
| 2023 | 146 Index, 2020=100 | +13.4% |
| 2024 | 165.6 Index, 2020=100 | +13.4% |
| 2025 | 186.5 Index, 2020=100 | +12.6% |
Serbia compared with similar countries
- Serbia's 186.5 Index, 2020=100 is above the median for Europe & Central Asia, which is 127.7 Index, 2020=100, 1.5× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 84.6 Index, 2020=100 | 74.4 Index, 2020=100 | 92.7 Index, 2020=100 | 9 |
| 2020s | 139.62 Index, 2020=100 | 100 Index, 2020=100 | 186.5 Index, 2020=100 | 6 |
Countries ranked near Serbia
More work & labour data for Serbia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7737 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7205 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.8268 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.14 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1128 % change on previous year (2050)
- 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)
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 Index, 2020=100 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 Index, 2020=100 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 Index, 2020=100 in 2011.
- How does Serbia rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
- Serbia ranks 1st out of 40 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.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Eurostat).