Statistical Release
Labour market - Salaries and wages
25.11.2025
Final data Periodicity: monthly Next publication date: 25.12.2025

Average salaries and wages per employee, September 2025

Average gross salaries and wages calculated for September 2025 amounted to 150 947 RSD, while average net salaries and wages amounted to 109 147 RSD.

Average gross salaries and wages calculated for September 2025 amounted to 150 947 RSD, while average net salaries and wages amounted to 109 147 RSD.

Increase of gross salaries and wages, in the period January-September 2025, relative to the same period last year amounted to 11.2% in nominal terms, i.e. 6.6% in real terms, while average net salaries and wages increased by 11.1% in nominal terms, i.e. 6.5% in real terms.

Compared with the same month last year, average gross salaries and wages for September 2025 increased by 13.7% in nominal terms and by 10.5% in real terms, while average net salaries and wages increased by 13.6% in nominal terms, i.e 10.4% in real terms.

Median net salaries and wages for September 2025 amounted to 85 267 RSD, meaning that 50% of employees realised wages and salaries up to the mentioned amount.

1. Average salaries and wages
Republic of Serbia                                                                                                                                                                                RSD
  Gross Net
IX 2025 I–IX  2025 III quarter IX  2025 I–IX  2025 III quarter
Total150947148366149208109147107432107937
Salaries and wages of employees with indefinite or fixed-term employment contract151577148958149799109627107883108388
Salaries and wages of employees in temporary and occasional employment947049281494380663346501066107
Salaries and wages of employees at legal entities160548158064158835116262114623115070
Salaries and wages of entrepreneurs and their employees827207934580797585925624857252
Public sector157197154663155730113025111271111995
Non-public sector148433145858146597107588105902106312
2. Indices of salaries and wages
 
  Gross Net
IX 2025
 VIII 2025
IX 2025
Ø 2024
 IX 2025
 IX 2024
I–IX 2025
I–IX 2024
  IX 2025
 VIII 2025
IX 2025
Ø 2024
IX 2025
IX 2024
I–IX 2025
I–IX 2024
Nominal wage indices103.4111.5113.7111.2103.4111.2113.6111.1
Real wage indices105.1107.6110.5106.6105.1107.3110.4106.5

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Methodological explanations

Data source

The survey on salaries and wages is based on data from the Tax return as regards tax deduction (form PPP-PD). Average salaries and wages are calculated on the basis of amounts of computed salaries and wages for the referent month and number of employees, expressed as full-time equivalent – FTE.

Coverage

Included are all business entities that submitted completed electronic form to the Tax Administration, i.e. the form on tax report PPP-PD, with calculated salaries and wages.

Encompassed are all categories of employees for which employers, i.e. business entities delivered to the Tax Administration the completed electronic form on tax report PPP-PD, with calculated salaries and wages.

Definition of salaries and wages

In accordance with the Labour Law and Personal Income Tax Law, in the survey on salaries and wages, encompassed are all salaries and wages paid to employees and subject to taxes and contributions.

Salaries and wages comprise:

Salaries and wages are not considered to be payments under the service contract, sick-leave benefits longer than 30 days, compensation of public transport costs for commuting to and from work, for the time spent on business trip in the country and abroad, accommodation and food allowances during work and work in the field, retirement gratuity or benefits to those for whose work the need was terminated, one-time fees in accordance with the social program, compensation of funeral expenses and compensation for occupational disease or injury, jubilee prizes, solidarity aid, as well as other revenues not subject to taxes and contributions payment.

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 Metohija and therefore these data are not included in the coverage for the Republic of Serbia (total).