Unemployment rate in Serbia

Serbia: Unemployment rate was 7.1% in 2025. ▼ Falling

Latest (2025)
7.1%
Change on year
down 1.6%
World rank
61st
of 186 countries
All-time high
24.0%
in 2012
All-time low
7.1%
in 2025
Years of data
35
1991–2025

Unemployment rate in Serbia, 1991–2025

5101520251991200820251991: 13.4 %1992: 13.4 %1993: 13.4 %1994: 13.4 %1995: 13.4 %1996: 13.2 %1997: 13.8 %1998: 13.7 %1999: 13.7 %2000: 12.6 %2001: 12.8 %2002: 13.8 %2003: 15.2 %2004: 18.5 %2005: 20.9 %2006: 20.9 %2007: 18.1 %2008: 13.7 %2009: 16.1 %2010: 19.2 %2011: 23 %2012: 24 %2013: 22.2 %2014: 19.2 %2015: 17.7 %2016: 15.3 %2017: 13.5 %2018: 12.7 %2019: 10.4 %2020: 9 %2021: 9.8 %2022: 8.4 %2023: 8.3 %2024: 7.2 %2025: 7.1 %

Source: ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

Serbia recorded 7.1% for unemployment rate in 2025. That is the lowest value across all 35 years on record.

The figure is down 1.6% on the previous year and down 59.7% over ten years.

Over the whole period, unemployment rate in Serbia peaked at 24.0% in 2012 and was at its lowest, 7.1%, in 2025.

That places Serbia 61st out of 186 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.5% 13.2% 13.8% 9
2000s 16.2% 12.6% 20.9% 10
2010s 17.7% 10.4% 24.0% 10
2020s 8.3% 7.1% 9.8% 6

Countries ranked near Serbia

  1. 58 Sudan 7.5% compare
  2. 59 Uruguay 7.5% compare
  3. 60 Argentina 7.1% compare
  4. 62 Tajikistan 6.9% compare
  5. 63 Canada 6.9% compare
  6. 64 Costa Rica 6.8% compare

See the full ranking of 186 places →

More work & labour data for Serbia

All data for Serbia →

Frequently asked questions

What is unemployment rate in Serbia?
Unemployment rate in Serbia was 7.1% in 2025, according to ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest unemployment rate recorded in Serbia?
The highest recorded value was 24.0% in 2012.
What is the lowest unemployment rate recorded in Serbia?
The lowest recorded value was 7.1% in 2025.
How does Serbia rank for unemployment rate?
Serbia ranks 61st out of 186 countries with data for 2025.
Is unemployment rate rising or falling in Serbia?
Over the last ten years it is down 59.7%. The long-run trend across the full record is falling.
Where does this Serbia data come from?
The figures come from ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rate. Statizoid updates them automatically from the source API.

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About this data

Indicator
Unemployment rate
Unit
%
Source
ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 6,496 data points, 1991–2025
Last refreshed

Share of the labor force without work, but actively looking for a job and available to start soon.