Statistical Release
Household budget Survey, Income and living conditions Survey - Household budget Survey
11.04.2025
Final data Periodicity: annual

Income in money and in kind and individual consumption of households, 2024

In 2024, the average monthly income in money and in kind, per a household (all households), amounted to 97 705 RSD and the individual consumption expenditures of the households (all households) amounted to 98 165 RSD. Relative to 2023, the average monthly income in money and in kind increased by 11.1% and the individual consumption expenditures of the households also increased by 11.2% in nominal terms.

 

 

In 2024, the average monthly income in money and in kind, per a household (all households), amounted to 97 705 RSD and the individual consumption expenditures of the households (all households) amounted to 98 165 RSD. Relative to 2023, the average monthly income in money and in kind increased by 11.1% and the individual consumption expenditures of the households also increased by 11.2% in nominal terms.

Due to the COVID-19 virus pandemic, the Statistical Office of the Republic of Serbia (SORS) discontinued the conduction of the “Household Budget Survey” in the field in mid-March 2020. The fieldwork resumed at the beginning of July. As the survey was not carried out continuously throughout the whole year, the data is not available for 2020.

Income in money and in kind and individual consumption

Monthly household average

                                                                                                                                                                                                      RSD
  2020 2021 2022 2023 2024
Income in money and in kind...71733783938797397705
Individual consumption...71902786788824498165

Average monthly income in money and in kind of the households in urban settlements amounted to 99 326 RSD (10.9% increase, nominally, relative to 2023), while average monthly income in money and in kind of the households from other settlements amounted to 94 727 RSD (11.4% increase, nominally, relative to 2023).

The individual consumption expenditures of the households in urban settlements amounted to 99 723 RSD (increase of 10.9%, nominally, relative to 2023), while individual consumption expenditures of the households from other settlements amounted to 95 290 RSD (increase of 12.0%, nominally, relative to 2023).

The largest share of income in money and in kind (all households) refers to the salaries and wages of the employed – 53.4%, pensions – 30.6%, income from agriculture, hunting and fishing – 3.9%, natural consumption – 2.6%, other income – 2.3%, social insurance receipts – 2.3% and 4.9% refers to income from other sources.

The largest share of the individual consumption expenditures (all households) relates to expenditures for food and non-alcoholic beverages – 36.6%, followed by expenditures related to housing, water, electricity, gas and other fuels – 16.3%. Expenditures for transport amounted to – 8.9%, for miscellaneous goods and services – 5.9%, for communication – 5.4%, for recreation and culture – 5.2%, for clothing and footwear – 4.7%, for alcoholic beverages and tobacco – 4.4%, for health – 4.1% and 8.5% relates to other groups of individual consumption.

More tables for this topic:


Methodological explanations

Household Budget Survey collects the data on income and household individual consumption. Besides, the survey compiles the data on some basic data related to demographic, economic and social characteristics of households, as well as some important living standard indicators (dwelling conditions, supply with durable consumer goods, etc.).

Of the total number of households envisaged for interview in 2024 (8 856 for the Republic of Serbia), the number of 6 227 households (70%) was interviewed.

A survey unit is taken to be every single - or several - member household, selected according to the sample plan. A household is: a) a community of persons, whose members live and prepare food together and jointly spend the earned income and b) a single person, living, preparing food and spending the earned income on his/her own.

The survey applies the method of diary keeping (a household keeps a consumption diary for fifteen, i.e. sixteen days) regarding individual consumption of food and services and the interview method on the basis of questionnaires, where the reference period for durables is twelve months, for semi-durables, agriculture, hunting and fishing - three months, and for earnings – one month.

Household income in money and in kind comprises income in money and the money value of natural consumption and receipts in kind, which were available to households in the respective survey period.

Household income in money

Household receipts in kind

Individual consumption of households is presented by the following groups of COICOP classification (Classification of individual consumption by purpose): Food and non-alcoholic beverages; Alcoholic beverages and tobacco; Clothing and footwear; Housing, water, electricity, gas and other fuels (imputed rent is not included); Furnishings, household equipment and routine household maintenance; Health; Transport; Communication; Recreation and culture; Education; Restaurants and hotels and Miscellaneous goods and services.

Starting from 1999 the Statistical Office of the Republic of Serbia has not at disposal and may not provide available certain data relative to AP Kosovo and Metohia and therefore these data are not included in the coverage for the Republic of Serbia (total).