Key information about Serbia Monthly Earnings

• Serbia Monthly Earnings stood at 1,512 USD in Sep 2025, compared with the previous figure of 1,450 USD in Aug 2025
• Serbia Monthly Earnings data is updated monthly, available from Jan 2000 to Sep 2025, with an average number of 40 USD
• The data reached the an all-time high of 97 USD in Dec 1992 and a record low of 15 USD in Dec 1996

CEIC converts Monthly Earnings into USD. The Statistical Office of the Republic of Serbia provides Monthly Earnings in local currency. The National Bank of Serbia average market exchange rate is used for currency conversions. Monthly Earnings prior to January 2018 are based on monthly survey on employee's earnings and wages.


Further information about Serbia Monthly Earnings

• In the latest reports, Serbia Population reached 7 million people in Jun 2024
• Unemployment Rate of Serbia dropped to 8 % in Sep 2025
• The country's Labour Force Participation Rate dropped to 56 % in Sep 2025

Graph and download economic data for Gross National Income for Serbia (MKTGNIRSA646NWDB) from 1993 to 2023 about Serbia, GNI, and income.

Key information about Serbia Household Income per Capita

• Serbia Annual Household Income per Capita reached 4,177.481 USD in Dec 2024, compared with the previous value of 3,753.131 USD in Dec 2023.
• Serbia Annual Household Income per Capita data is updated yearly, available from Dec 2003 to Dec 2024, with an averaged value of 2,707.893 USD.
• The data reached an all-time high of 4,177.481 USD in Dec 2024 and a record low of 1,466.888 USD in Dec 2004.
• In the latest reports, Retail Sales of Serbia grew 7.400 % YoY in Oct 2025.

CEIC calculates Annual Household Income per Capita from annual Monthly Average Household Income multiplied by 12 and annual Average Household Size and converts it into USD. Household Income is calculated as Total Receivables minus Customer and Investment Credits. The Statistical Office of the Republic of Serbia provides Average Household Income in local currency and Average Household Size. The National Bank of Serbia average market exchange rate is used for currency conversions.

Minimum Wages in Serbia decreased to 618 EUR/Month in the fourth quarter of 2025 from 619 EUR/Month in the second quarter of 2025. This dataset provides - Serbia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia Household Avg Monthly Budget: Income: Salaries & Wages data was reported at 30,512.000 RSD in Mar 2018. This records a decrease from the previous number of 31,273.000 RSD for Dec 2017. Serbia Household Avg Monthly Budget: Income: Salaries & Wages data is updated quarterly, averaging 22,923.500 RSD from Mar 2006 (Median) to Mar 2018, with 48 observations. The data reached an all-time high of 31,273.000 RSD in Dec 2017 and a record low of 15,077.000 RSD in Jun 2006. Serbia Household Avg Monthly Budget: Income: Salaries & Wages data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.H007: Household Average Monthly Budget.

In the Western Balkan region, Serbia recorded the highest average salary for ICT professionals in 2024, at ***** euros a month. North Macedonia ranked second with an average monthly salary of ***** euros.

Actual value and historical data chart for Serbia Adjusted Net National Income Per Capita Current Us$

The national debt of Serbia was about 39.33 billion U.S. dollars in 2024. Between 2000 and 2024, the national debt rose by approximately 30.81 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 19.85 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

In 2024, the ratio of national debt to gross domestic product (GDP) of Serbia was approximately 44.48 percent. Between 2000 and 2024, the figure dropped by around 156.16 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 1.24 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Serbia RS: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 12.400 % in 2021. This records a decrease from the previous number of 14.600 % for 2020. Serbia RS: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 18.700 % from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 21.600 % in 2014 and a record low of 12.400 % in 2021. Serbia RS: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

The growth of the real gross domestic product (GDP) in Serbia amounted to about 3.88 percent in 2024. From 1999 to 2024, the growth rose by approximately 14.21 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 0.12 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The gross domestic product (GDP) in current prices in Serbia was about 89.07 billion U.S. dollars in 2024. Between 2000 and 2024, the GDP rose by approximately 78.64 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 43.56 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Adjusted net national income per capita (annual % growth) in Serbia was reported at 6.6938 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Adjusted net national income per capita (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Abstract

The Survey on Income and Living Conditions, introduced as part of the European Union harmonisation efforts, aims to produce data on income distribution, relative poverty by income, living conditions and social exclusion comparable with European Union member states. The study which uses a panel survey method is repeated every year and monitors sample of household members for four years. Every year, the study attempts to obtain two datasets: cross-sectional and panel.

The Income and Living Conditions Survey 2014 has been conducted to provide annual and regular cross-sectional data to answer questions such as:

• How equally is the income in the country distributed and how has it changed as compared to the previous years?
• How many poor people are there in the country and how do they distribute across regions? How has this situation changed as compared to the previous years?
• Who is poor? Has there been a change over time?
• How has this gap between the poor and the rich evolved over time?
• What kind of a change or transition occurs in the incomes of individuals and households? How does the direction of this change depends on characteristics and circumstances, does it decline or grow?
• How is the income distributed across sectors, types of income and household characteristics?
• How do people's living conditions change or improve over time?
• The study also aims to provide panel data to calculate indicators such as persistent income poverty and to measure net changes over time.

The cross-sectional database 2014 is documented here.

Geographic coverage

The survey is implemented on the territory of the Republic of Serbia and the processing provides data for the Republic of Serbia (total) and for the regions: Belgrade region, Vojvodina region, Sumadija and Western Serbia, and Southern and Eastern Serbia.

Universe

Observation units are households selected according to the sample plan, whether these were one-person or several-member households, as well as all household members aged 15 and over. Collective households were not included in this survey.

Kind of data

Sample survey data [ssd]

Sampling procedure

The sample design for the survey is a two-stage stratified sample with enumeration areas as the primary and households as the secondary units of selection. From an original sample design that included 8,008 of the households, 6,501 households were surveyed (81.2%), which included 17,187 persons aged 15 and over.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

• Household questionnaire
• Personal questionnaire

Serbia RS: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 64.756 % in 2017. This records a decrease from the previous number of 64.822 % for 2016. Serbia RS: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 67.587 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 75.291 % in 1993 and a record low of 64.525 % in 2013. Serbia RS: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

Historical dataset showing Serbia income inequality - gini coefficient by year from N/A to N/A.

Actual value and historical data chart for Serbia Adjusted Net National Income Annual Percent Growth

Serbia RS: GDP: Gross National Disposable Income data was reported at 3,451,212.515 RSD mn in 2011. This records an increase from the previous number of 3,154,602.800 RSD mn for 2010. Serbia RS: GDP: Gross National Disposable Income data is updated yearly, averaging 1,580,667.900 RSD mn from Dec 1997 (Median) to 2011, with 15 observations. The data reached an all-time high of 3,451,212.515 RSD mn in 2011 and a record low of 122,722.600 RSD mn in 1997. Serbia RS: GDP: Gross National Disposable Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Serbia – Table RS.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

Serbia RS: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 5,180.000 USD in 2017. This records a decrease from the previous number of 5,300.000 USD for 2016. Serbia RS: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 4,580.000 USD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 6,050.000 USD in 2013 and a record low of 1,430.000 USD in 2002. Serbia RS: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Serbia RS: Income Share Held by Lowest 20% data was reported at 9.000 % in 2015. This records an increase from the previous number of 8.700 % for 2013. Serbia RS: Income Share Held by Lowest 20% data is updated yearly, averaging 8.600 % from Dec 2002 (Median) to 2015, with 11 observations. The data reached an all-time high of 9.300 % in 2008 and a record low of 6.900 % in 2005. Serbia RS: Income Share Held by Lowest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.