Youth Unemployment Rate in Serbia decreased to 24.40 percent in the second quarter of 2019 from 30.70 percent in the first quarter of 2019.

Youth Unemployment Rate in Serbia averaged 39.83 percent from 2008 until 2019, reaching an all time high of 54.20 percent in the second quarter of 2014 and a record low of 24.40 percent in the second quarter of 2019. This page provides - Serbia Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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. Looking forward, we estimate Youth Unemployment Rate in Serbia to stand at 31.28 in 12 months time. In the long-term, the Serbia Youth Unemployment Rate is projected to trend around 29.97 percent in 2020, according to our econometric models.


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Serbia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.40 30.70 54.20 24.40 2008 - 2019 percent Quarterly
Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.50 10.30 25.50 9.50 percent [+]
Employed Persons 2938700.00 2916500.00 2938700.00 2157618.00 [+]
Unemployed Persons 500.78 500.64 970.00 500.64 Thousand [+]
Wages 56331.00 55065.00 56331.00 3821.00 RSD/Month [+]
Minimum Wages 307.67 308.04 308.04 230.14 EUR/Month [+]
Population 7.00 7.04 7.63 7.00 Million [+]
Retirement Age Women 62.00 61.50 62.00 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 54.80 54.80 55.50 46.10 percent [+]
Labour Costs 103.96 106.25 128.07 73.30 points [+]
Employment Rate 49.60 49.20 49.60 34.30 percent [+]
Youth Unemployment Rate 24.40 30.70 54.20 24.40 percent [+]
Wage Growth 10.30 12.10 94.60 -8.80 percent [+]