Monthly minimum wage (Local currency), annual growth rate in Serbia

Serbia: Monthly minimum wage (Local currency), annual growth rate was 20.46 % change on previous year in 2026. ◆ Volatile

Latest (2026)
20.46 % change on previous year
Change on year
up 49.9%
World rank
24th
of 168 countries
All-time high
522.5 % change on previous year
in 2001
All-time low
-0.8454 % change on previous year
in 2013
Years of data
27
2000–2026

Monthly minimum wage (Local currency), annual growth rate in Serbia, 2000–2026

02004006002000201320262000: 21.7 % change on previous year2001: 522.5 % change on previous year2002: 91.6 % change on previous year2003: 20 % change on previous year2004: 32.7 % change on previous year2005: 17.1 % change on previous year2006: 19.5 % change on previous year2007: 19 % change on previous year2008: 23.6 % change on previous year2009: 11.8 % change on previous year2010: 3.1 % change on previous year2011: 13.4 % change on previous year2012: 13 % change on previous year2013: -0.845 % change on previous year2014: -0.13 % change on previous year2015: 5.4 % change on previous year2016: -0.084 % change on previous year2017: 7.8 % change on previous year2018: 9.1 % change on previous year2019: 9 % change on previous year2020: 11.4 % change on previous year2021: 6.3 % change on previous year2022: 9.6 % change on previous year2023: 14.4 % change on previous year2024: 18 % change on previous year2025: 13.7 % change on previous year2026: 20.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for monthly minimum wage (local currency), annual growth rate in Serbia is 20.46 % change on previous year, measured in 2026.

That represents a change of up 49.9% on the previous year and up 24,311.6% over ten years.

Over the whole period, monthly minimum wage (local currency), annual growth rate in Serbia peaked at 522.5 % change on previous year in 2001 and was at its lowest, -0.8454 % change on previous year, in 2013.

That places Serbia 24th out of 168 countries with data for 2026, putting it in the top quarter.

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

Monthly minimum wage (Local currency), annual growth rate in Serbia, year by year

Annual values for Monthly minimum wage (Local currency), annual growth rate in Serbia, 2000 to 2026.
Year % change on previous year Change
2000 21.71 % change on previous year
2001 522.5 % change on previous year +2307.3%
2002 91.58 % change on previous year -82.5%
2003 19.99 % change on previous year -78.2%
2004 32.69 % change on previous year +63.5%
2005 17.14 % change on previous year -47.6%
2006 19.51 % change on previous year +13.8%
2007 18.99 % change on previous year -2.7%
2008 23.58 % change on previous year +24.2%
2009 11.78 % change on previous year -50.0%
2010 3.11 % change on previous year -73.6%
2011 13.43 % change on previous year +331.7%
2012 13.04 % change on previous year -2.9%
2013 -0.8454 % change on previous year -106.5%
2014 -0.1297 % change on previous year -84.7%
2015 5.43 % change on previous year -4282.6%
2016 -0.0845 % change on previous year -101.6%
2017 7.78 % change on previous year -9303.6%
2018 9.05 % change on previous year +16.4%
2019 9.02 % change on previous year -0.3%
2020 11.38 % change on previous year +26.1%
2021 6.28 % change on previous year -44.8%
2022 9.64 % change on previous year +53.6%
2023 14.41 % change on previous year +49.5%
2024 17.98 % change on previous year +24.8%
2025 13.65 % change on previous year -24.1%
2026 20.46 % change on previous year +49.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 77.95 % change on previous year 11.78 % change on previous year 522.5 % change on previous year 10
2010s 5.98 % change on previous year -0.8454 % change on previous year 13.43 % change on previous year 10
2020s 13.4 % change on previous year 6.28 % change on previous year 20.46 % change on previous year 7

Countries ranked near Serbia

  1. 21 Chile 21.95 % change on previous year compare
  2. 22 Kazakhstan 21.43 % change on previous year compare
  3. 23 Palau 21.29 % change on previous year compare
  4. 25 Mexico 20 % change on previous year compare
  5. 26 Mongolia 20 % change on previous year compare
  6. 27 Trinidad and Tobago 17.12 % change on previous year compare

See the full ranking of 168 places →

More work & labour data for Serbia

All data for Serbia →

Frequently asked questions

What is monthly minimum wage (local currency), annual growth rate in Serbia?
Monthly minimum wage (local currency), annual growth rate in Serbia was 20.46 % change on previous year in 2026, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), annual growth rate recorded in Serbia?
The highest recorded value was 522.5 % change on previous year in 2001.
What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Serbia?
The lowest recorded value was -0.8454 % change on previous year in 2013.
How does Serbia rank for monthly minimum wage (local currency), annual growth rate?
Serbia ranks 24th out of 168 countries with data for 2026.
Is monthly minimum wage (local currency), annual growth rate rising or falling in Serbia?
Over the last ten years it is up 24,311.6%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), annual growth rate in Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-annual-growth-rate/serbia/

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<a href="https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-annual-growth-rate/serbia/">Monthly minimum wage (Local currency), annual growth rate in Serbia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Monthly minimum wage (Local currency), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 3,744 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.