Labour productivity and unit labour costs - annual data in Serbia

Serbia: Labour productivity and unit labour costs - annual data was 17,572 Euro in 2025. ◆ Volatile

Latest (2025)
17,572 Euro
Change on year
up 12.6%
World rank
43rd
of 47 countries
All-time high
17,572 Euro
in 2025
All-time low
1,799 Euro
in 2001
Years of data
31
1995–2025

Labour productivity and unit labour costs - annual data in Serbia, 1995–2025

05.0k10.0k15.0k20.0k1995201020251995: 3.3k Euro1996: 2.3k Euro1997: 2.7k Euro1998: 2.1k Euro1999: 2.2k Euro2000: 3.3k Euro2001: 1.8k Euro2002: 2.6k Euro2003: 3.1k Euro2004: 3.4k Euro2005: 3.7k Euro2006: 4.6k Euro2007: 5.9k Euro2008: 6.8k Euro2009: 6.4k Euro2010: 6.3k Euro2011: 7.1k Euro2012: 6.9k Euro2013: 7.3k Euro2014: 7.1k Euro2015: 6.9k Euro2016: 7.0k Euro2017: 7.4k Euro2018: 8.1k Euro2019: 8.8k Euro2020: 9.6k Euro2021: 10.5k Euro2022: 11.9k Euro2023: 13.6k Euro2024: 15.6k Euro2025: 17.6k Euro

Source: Eurostat. Measured in Euro.

Analysis

Serbia recorded 17,572 Euro for labour productivity and unit labour costs - annual data in 2025. That is the highest value across all 31 years on record.

That represents a change of up 12.6% on the previous year and up 154.2% over ten years.

Over the whole period, labour productivity and unit labour costs - annual data in Serbia peaked at 17,572 Euro in 2025 and was at its lowest, 1,799 Euro, in 2001.

Serbia ranks 43rd of 47 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Labour productivity and unit labour costs - annual data in Serbia, year by year

Annual values for Labour productivity and unit labour costs - annual data in Serbia, 1995 to 2025.
Year Euro Change
1995 3,312 Euro —
1996 2,256 Euro -31.9%
1997 2,678 Euro +18.7%
1998 2,128 Euro -20.5%
1999 2,226 Euro +4.6%
2000 3,276 Euro +47.1%
2001 1,799 Euro -45.1%
2002 2,650 Euro +47.3%
2003 3,094 Euro +16.8%
2004 3,430 Euro +10.8%
2005 3,729 Euro +8.7%
2006 4,578 Euro +22.8%
2007 5,877 Euro +28.4%
2008 6,802 Euro +15.8%
2009 6,413 Euro -5.7%
2010 6,285 Euro -2.0%
2011 7,059 Euro +12.3%
2012 6,928 Euro -1.9%
2013 7,323 Euro +5.7%
2014 7,146 Euro -2.4%
2015 6,912 Euro -3.3%
2016 7,036 Euro +1.8%
2017 7,421 Euro +5.5%
2018 8,072 Euro +8.8%
2019 8,849 Euro +9.6%
2020 9,626 Euro +8.8%
2021 10,531 Euro +9.4%
2022 11,911 Euro +13.1%
2023 13,559 Euro +13.8%
2024 15,602 Euro +15.1%
2025 17,572 Euro +12.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,520 Euro 2,128 Euro 3,312 Euro 5
2000s 4,165 Euro 1,799 Euro 6,802 Euro 10
2010s 7,303 Euro 6,285 Euro 8,849 Euro 10
2020s 13,133 Euro 9,626 Euro 17,572 Euro 6

Countries ranked near Serbia

  1. 40 Romania 21,749 Euro compare
  2. 41 Bulgaria 18,867 Euro compare
  3. 42 Bosnia and Herzegovina 17,674 Euro compare
  4. 43 Serbia 17,572 Euro compare
  5. 45 Montenegro 14,215 Euro compare
  6. 46 Moldova 11,769 Euro compare

See the full ranking of 52 places →

More work & labour data for Serbia

All data for Serbia →

Frequently asked questions

What is labour productivity and unit labour costs - annual data in Serbia?
Labour productivity and unit labour costs - annual data in Serbia was 17,572 Euro in 2025, according to Eurostat.
What is the highest labour productivity and unit labour costs - annual data recorded in Serbia?
The highest recorded value was 17,572 Euro in 2025.
What is the lowest labour productivity and unit labour costs - annual data recorded in Serbia?
The lowest recorded value was 1,799 Euro in 2001.
How does Serbia rank for labour productivity and unit labour costs - annual data?
Serbia ranks 43rd out of 47 countries with data for 2025.
Is labour productivity and unit labour costs - annual data rising or falling in Serbia?
Over the last ten years it is up 154.2%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Eurostat, published as part of Labour productivity and unit labour costs - annual data. Statizoid updates them automatically from the source API.

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Labour productivity and unit labour costs - annual data in Serbia. Statizoid, drawing on Eurostat. Retrieved 10 November 2026, from https://labour.statizoid.com/stat/labour-productivity-and-unit-labour-costs-annual-data/serbia-2/

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About this data

Indicator
Labour productivity and unit labour costs - annual data
Unit
Euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
52 places, 1,599 data points, 1975–2025
Last refreshed