Serbia minimum wageSerbia minimum wageSerbia minimum wage

Serbia minimum wage

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Key data points


Last release
Observation period
Q4 2024
Next release
Forecast
Highest
544.22EUR / MONTH on Dec 31, 2024
Lowest
92.72EUR / MONTH on Sep 30, 2002

About Serbia minimum wage


Category
Labor
Source
Frequency
Quarterly
Units
EUR / MONTH
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).