Labour income share as a percent of GDP in Serbia
Serbia: Labour income share as a percent of GDP was 53.39 in 2026. ▼ Falling
Labour income share as a percent of GDP in Serbia, 2004–2026
Source: International Labour Organization.
Analysis
Serbia recorded 53.39 for labour income share as a percent of gdp in 2026.
The figure is down 0.5% on the previous year and up 14.2% over ten years.
Over the whole period, labour income share as a percent of gdp in Serbia peaked at 60.01 in 2004 and was at its lowest, 44.98, in 2018.
That places Serbia 51st out of 188 countries with data for 2026, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Labour income share as a percent of GDP in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 60.01 | — |
| 2005 | 57.83 | -3.6% |
| 2006 | 56.32 | -2.6% |
| 2007 | 56.19 | -0.2% |
| 2008 | 54.98 | -2.1% |
| 2009 | 53.08 | -3.5% |
| 2010 | 47.56 | -10.4% |
| 2011 | 45.68 | -4.0% |
| 2012 | 47.52 | +4.0% |
| 2013 | 45.36 | -4.5% |
| 2014 | 45.27 | -0.2% |
| 2015 | 45.93 | +1.5% |
| 2016 | 46.77 | +1.8% |
| 2017 | 45.91 | -1.8% |
| 2018 | 44.98 | -2.0% |
| 2019 | 50.06 | +11.3% |
| 2020 | 54.88 | +9.6% |
| 2021 | 51.19 | -6.7% |
| 2022 | 54.44 | +6.3% |
| 2023 | 53.22 | -2.2% |
| 2024 | 53.21 | -0.0% |
| 2025 | 53.64 | +0.8% |
| 2026 | 53.39 | -0.5% |
Serbia compared with similar countries
- Serbia's 53.39 is above the median for upper middle income countries, which is 45.6, 1.2× the median. (53 countries reporting)
- Serbia's 53.39 is below the median for Europe & Central Asia, which is 53.4, 100% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.4 | 53.08 | 60.01 | 6 |
| 2010s | 46.5 | 44.98 | 50.06 | 10 |
| 2020s | 53.42 | 51.19 | 54.88 | 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 income share as a percent of gdp in Serbia?
- Labour income share as a percent of gdp in Serbia was 53.39 in 2026, according to International Labour Organization.
- What is the highest labour income share as a percent of gdp recorded in Serbia?
- The highest recorded value was 60.01 in 2004.
- What is the lowest labour income share as a percent of gdp recorded in Serbia?
- The lowest recorded value was 44.98 in 2018.
- How does Serbia rank for labour income share as a percent of gdp?
- Serbia ranks 51st out of 188 countries with data for 2026.
- Is labour income share as a percent of gdp rising or falling in Serbia?
- Over the last ten years it is up 14.2%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from International Labour Organization, published as part of Labour income share as a percent of GDP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. The labour income share in GDP is the ratio, in percentage, between total labour income and gross domestic product (a measure of total output), both provided in nominal terms. Labour income includes the compensation of employees and part of the income of the self-employed. Self-employed workers earn from both their work and capital ownership. Total compensation of employees refers to the remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. The labour income of self-employed is imputed on the basis of a statistical analysis of employees of similar characteristics. The labour income share after accounting for the labour income of the self-employed is often referred to as the adjusted labour income share in GDP. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.