Labour cost index by NACE: nominal value, quarterly … 2 quarterly in Serbia
Serbia: Labour cost index by NACE: nominal value, quarterly … 2 quarterly was 211.9 Index, 2020=100 in 2026. ▲ Rising
Latest (2026)
211.9 Index, 2020=100
Change on year
up 12.7%
World rank
1st
of 36 countries
All-time high
211.9 Index, 2020=100
in 2026
All-time low
71.2 Index, 2020=100
in 2011
Years of data
16
2011–2026
Labour cost index by NACE Rev. 2 activity - nominal value, quarterly in Serbia, 2011–2026
Source: Eurostat. Measured in Index, 2020=100.
Analysis
In 2026, labour cost index by nace rev. 2 activity - nominal value, quarterly in Serbia stood at 211.9 Index, 2020=100. That is the highest value across all 16 years on record.
The figure is up 12.7% on the previous year and up 166.5% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - nominal value, quarterly in Serbia peaked at 211.9 Index, 2020=100 in 2026 and was at its lowest, 71.2 Index, 2020=100, in 2011.
Serbia ranks 1st of 36 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 16 years of available data.
Labour cost index by NACE: nominal value, quarterly … 2 quarterly in Serbia, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2011 | 71.2 Index, 2020=100 | — |
| 2012 | 74.9 Index, 2020=100 | +5.2% |
| 2013 | 77.9 Index, 2020=100 | +4.0% |
| 2014 | 78 Index, 2020=100 | +0.1% |
| 2015 | 76.4 Index, 2020=100 | -2.1% |
| 2016 | 79.5 Index, 2020=100 | +4.1% |
| 2017 | 79.7 Index, 2020=100 | +0.3% |
| 2018 | 88.4 Index, 2020=100 | +10.9% |
| 2019 | 93.3 Index, 2020=100 | +5.5% |
| 2020 | 103.3 Index, 2020=100 | +10.7% |
| 2021 | 115.2 Index, 2020=100 | +11.5% |
| 2022 | 131.6 Index, 2020=100 | +14.2% |
| 2023 | 147.3 Index, 2020=100 | +11.9% |
| 2024 | 166.3 Index, 2020=100 | +12.9% |
| 2025 | 188 Index, 2020=100 | +13.0% |
| 2026 | 211.9 Index, 2020=100 | +12.7% |
Serbia compared with similar countries
- Serbia's 211.9 Index, 2020=100 is above the median for Europe & Central Asia, which is 138.35 Index, 2020=100, 1.5× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 79.92 Index, 2020=100 | 71.2 Index, 2020=100 | 93.3 Index, 2020=100 | 9 |
| 2020s | 151.94 Index, 2020=100 | 103.3 Index, 2020=100 | 211.9 Index, 2020=100 | 7 |
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, quarterly in Serbia?
- Labour cost index by nace rev. 2 activity - nominal value, quarterly in Serbia was 211.9 Index, 2020=100 in 2026, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - nominal value, quarterly recorded in Serbia?
- The highest recorded value was 211.9 Index, 2020=100 in 2026.
- What is the lowest labour cost index by nace rev. 2 activity - nominal value, quarterly recorded in Serbia?
- The lowest recorded value was 71.2 Index, 2020=100 in 2011.
- How does Serbia rank for labour cost index by nace rev. 2 activity - nominal value, quarterly?
- Serbia ranks 1st out of 36 countries with data for 2026.
- Is labour cost index by nace rev. 2 activity - nominal value, quarterly rising or falling in Serbia?
- Over the last ten years it is up 166.5%. 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 Labour cost index by NACE Rev. 2 activity - nominal value, quarterly data. Statizoid updates them automatically from the source API.
Download this data
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