MINIMUM AND AVERAGE SALARY IN SERBIA

Serbia is located in south-eastern Europe and the central part of the Balkan Peninsula. It borders with eight states and has no access to the sea. It has quite a comfortable climate, moderate prices and friendly people. Russians often visit this friendly country not only for employment or business, but also for tourism purposes.

Salary in Serbia

Compared to more developed European countries, Serbia still faces a number of social and economic problems, which negatively affect the local labor market and the level of well-being of Serbs. For example, unemployment in Serbia today is around 10%, and among young people it reaches 25%. The employment rate is 49.2%, which means that some 334 thousand people are unemployed. Next, let's find out what salary in Serbia in 2021.

Minimum salary in Serbia

According to the decision of the Government of the Republic of Serbia, the minimum wage in the period from January to December 2021, excluding taxes and mandatory social security contributions, is 183.93 (net) Serbian dinars per working hour, which is equivalent to 1.9 U.S. dollars. Last year the rate was 172.54 dinars.

Depending on the number of working hours per month, the official minimum wage in Serbia in 2021 ranges from 33,263.91 to 38,580.89 dinars per month.

MINIMUM WAGE IN SERBIA

Hours per month Dinars per month (net) Dollars per month (net)
160 33,263.91 340
168 35,036.24 355
176 36,808.56 375
184 38,580.89 390

Average salary in Serbia

According to the official data of the Serbian Department of Statistics, before taxes, the average salary in Serbia in 2021 is 85,864 dinars per month ($875). After all deductions, the employee has 62,280 dinars ($635) at his disposal. In the public sector, the income is 98,139 dinars per month ($995), while in the private sector it is 80,586 dinars ($820).

The highest salaries in Serbia are paid to the employees of the of the Belgrade region – 106,126 dinars (1,080 dollars) per month, and the lowest in Jablanica region – 66,573 dinars (675 dollars). Among the branches of economy, the highest salaries are in the field of information and communication – 175,038 dinars per month (1,780 dollars), while the lowest salaries are in the field of accommodation and catering – 51,281 dinars (520 dollars).

SALARY IN SERBIA BY SECTOR OF ECONOMY

Sector of economy Dinars per month (gross/net) USD per month (gross/net)
Information and communication 175,038/127,819 1,780/1,300
Financial and insurance activity 139,595/101,054 1,420/1,025
Supply of electricity, gas, steam and air conditioning 128,196/91,770 1,305/935
Mining 124,723/89,648 1,265/910
Professional, scientific and technical activity 108,713/78,959 1,105/800
Public administration and protection 102,069/73,326 1,035/745
Health care and social work 100,821/72,464 1,025/735
Education 85,169/61,512 865/625
Real estate operations 83,057/60,277 845/615
Administrative and support services 79,784/58,124 810/590
Water supply, sewerage and waste management 77,531/56,276 790/570
Manufacturing 73,928/53,810 750/545
Fishing, agriculture and forestry 72,903/53,012 740/540
Transportation and storage 72,539/52,857 735/535
Wholesale and retail 70,359/51,253 715/520
Art, entertainment and leisure 70,349/51,175 715/520
Accommodation and meals 51,281/37,345 520/380
Other services 63,198 /42,728 640/390

In conclusion, it should be noted that in 2021 Serbia has fixed income tax rates from 10% to 20%.

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