Unemployment Rate in Serbia increased to 10.60 percent in the first quarter of 2022 from 9.80 percent in the fourth quarter of 2021. source: Statistical Office of the Republic of Serbia

Unemployment Rate in Serbia averaged 15.56 percent from 2008 until 2022, reaching an all time high of 25.50 percent in the first quarter of 2012 and a record low of 7.90 percent in the second quarter of 2020. This page provides - Serbia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Unemployment Rate in Serbia is expected to be 11.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Unemployment Rate is projected to trend around 8.20 percent in 2023, according to our econometric models.

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Serbia Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-02-28 11:00 AM Q4 9.8% 10.5% 11%
2022-05-31 10:00 AM Q1 10.6% 9.8% 9.6%
2022-08-31 11:00 AM Q2

Related Last Previous Unit Reference
Unemployment Rate 10.60 9.80 percent Mar 2022
Unemployed Persons 451.02 462.46 Thousand May 2022
Employed Persons 2869700.00 2917400.00 Mar 2022
Wages 74168.00 73012.00 RSD/Month May 2022
Labour Costs 94.16 89.78 points Apr 2022
Wage Growth 12.40 12.90 percent Jan 2022
Labor Force Participation Rate 55.40 55.80 percent Dec 2021
Employment Rate 50.00 50.00 percent Dec 2021
Youth Unemployment Rate 28.70 23.10 percent Dec 2021

Serbia Unemployment Rate
In Serbia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
10.60 9.80 25.50 7.90 2008 - 2022 percent Quarterly