Monthly minimum wage in Serbia
Serbia: Monthly minimum wage was 87,207 in 2026. ◆ Volatile
Monthly minimum wage in Serbia, 1999–2026
Source: International Labour Organization.
Analysis
The most recent figure for monthly minimum wage in Serbia is 87,207, measured in 2026. That is the highest value across all 28 years on record.
That represents a change of up 20.5% on the previous year and up 207.3% over ten years.
Over the whole period, monthly minimum wage in Serbia peaked at 87,207 in 2026 and was at its lowest, 387, in 1999.
That places Serbia 29th out of 173 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 in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 387 | — |
| 2000 | 471 | +21.7% |
| 2001 | 2,932 | +522.5% |
| 2002 | 5,617 | +91.6% |
| 2003 | 6,740 | +20.0% |
| 2004 | 8,943 | +32.7% |
| 2005 | 10,476 | +17.1% |
| 2006 | 12,520 | +19.5% |
| 2007 | 14,897 | +19.0% |
| 2008 | 18,409 | +23.6% |
| 2009 | 20,578 | +11.8% |
| 2010 | 21,218 | +3.1% |
| 2011 | 24,067 | +13.4% |
| 2012 | 27,206 | +13.0% |
| 2013 | 26,976 | -0.8% |
| 2014 | 26,941 | -0.1% |
| 2015 | 28,403 | +5.4% |
| 2016 | 28,379 | -0.1% |
| 2017 | 30,586 | +7.8% |
| 2018 | 33,355 | +9.1% |
| 2019 | 36,365 | +9.0% |
| 2020 | 40,502 | +11.4% |
| 2021 | 43,044 | +6.3% |
| 2022 | 47,193 | +9.6% |
| 2023 | 53,993 | +14.4% |
| 2024 | 63,700 | +18.0% |
| 2025 | 72,396 | +13.7% |
| 2026 | 87,207 | +20.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 387 | 387 | 387 | 1 |
| 2000s | 10,158 | 471 | 20,578 | 10 |
| 2010s | 28,350 | 21,218 | 36,365 | 10 |
| 2020s | 58,291 | 40,502 | 87,207 | 7 |
Countries ranked near Serbia
- 26 Congo 120,000 compare
- 27 Equatorial Guinea 117,304 compare
- 28 Malawi 90,000 compare
- 30 Kazakhstan 85,000 compare
- 31 Armenia 75,000 compare
- 31 Côte d'Ivoire 75,000 compare
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 monthly minimum wage in Serbia?
- Monthly minimum wage in Serbia was 87,207 in 2026, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Serbia?
- The highest recorded value was 87,207 in 2026.
- What is the lowest monthly minimum wage recorded in Serbia?
- The lowest recorded value was 387 in 1999.
- How does Serbia rank for monthly minimum wage?
- Serbia ranks 29th out of 173 countries with data for 2026.
- Is monthly minimum wage rising or falling in Serbia?
- Over the last ten years it is up 207.3%. The long-run trend across the full record is volatile.
- Where does this Serbia data come from?
- The figures come from International Labour Organization, published as part of Monthly minimum wage. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.