Minimum Wages in Serbia increased to 460.21 EUR/Month in the first quarter of 2023 from 401.97 EUR/Month in the third quarter of 2022. source: EUROSTAT

Minimum Wages in Serbia averaged 235.83 EUR/Month from 2002 until 2023, reaching an all time high of 460.21 EUR/Month in the first quarter of 2023 and a record low of 92.72 EUR/Month in the third quarter of 2002. This page provides - Serbia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Gross Minimum Monthly Wages - values, historical data and charts - was last updated on June of 2023.

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Serbia Gross Minimum Monthly Wages

Related Last Previous Unit Reference
Minimum Wages 460.21 401.97 EUR/Month Mar 2023
Population 6.80 6.87 Million Dec 2022

Serbia Gross Minimum Monthly Wages
In Serbia, minimum wage refers to gross monthly earnings and it's published by Eurostat twice a year. Since in Serbia the minimum hourly wage is fixed, the following conversion is applied: (hourly net rate x 40 hours x 52.2 weeks) / 12 months. In January, 2015 it was approved an increase of 5.2% in the minimum hourly wage (last adjusted upwards was in 2012).
Actual Previous Highest Lowest Dates Unit Frequency
460.21 401.97 460.21 92.72 2002 - 2023 EUR/Month Quarterly