Youth Unemployment Rate in Serbia decreased to 22.20 percent in the second quarter of 2021 from 32.20 percent in the first quarter of 2021. source: Statistical Office of the Republic of Serbia

Youth Unemployment Rate in Serbia averaged 37.35 percent from 2008 until 2021, reaching an all time high of 54.20 percent in the second quarter of 2014 and a record low of 20.70 percent in the second quarter of 2020. This page provides - Serbia Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Youth Unemployment Rate - values, historical data and charts - was last updated on September of 2021.

Youth Unemployment Rate in Serbia is expected to be 27.35 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Youth Unemployment Rate is projected to trend around 30.52 percent in 2022 and 29.97 percent in 2023, according to our econometric models.

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Serbia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
22.20 32.20 54.20 20.70 2008 - 2021 percent Quarterly

Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.10 12.80 25.50 7.90 percent [+]
Employed Persons 2831100.00 2722200.00 2938700.00 2157618.00 [+]
Unemployed Persons 518.52 540.74 970.00 491.35 Thousand [+]
Wages 65070.00 65025.00 66092.00 3821.00 RSD/Month [+]
Minimum Wages 366.04 344.43 366.04 92.72 EUR/Month [+]
Population 6.93 6.96 7.63 6.93 Million [+]
Retirement Age Women 63.17 63.00 63.17 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 54.30 53.10 55.50 46.10 percent [+]
Labour Costs 99.37 103.47 135.28 64.88 points [+]
Employment Rate 48.30 46.30 49.90 34.30 percent [+]
Youth Unemployment Rate 22.20 32.20 54.20 20.70 percent [+]
Wage Growth 8.90 10.40 94.60 -8.80 percent [+]