Statistical Release
Labour market - Salaries and wages
25.09.2026
Final data Periodicity: monthly Next publication date: 26.10.2026

Average salaries and wages per employee, July 2026

Average gross salaries and wages calculated for July 2026 amounted to 167 402 RSD, while average net salaries and wages amounted to 121 346 RSD.

Average gross salaries and wages calculated for July 2026 amounted to 167 402 RSD, while average net salaries and wages amounted to 121 346 RSD.

Increase of gross salaries and wages, in the period January-July 2026, relative to the same period last year amounted to 11.3% in nominal terms, i.e 8.4% in real terms, while average net salaries and wages increased by 11.4% in nominal terms, i.e 8.5% in real terms.

Compared with the same month last year, average gross salaries and wages for July 2026 increased by 11.1% in nominal terms and by 9.0% in real terms, while average net salaries and wages increased by 11.3% in nominal terms, i.e 9.2% in real terms.

Median net salaries and wages for July 2026 amounted to 95 036 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
VII 2026 I–VII 2026 VII 2026 I–VII 2026
Total167402165102121346119736
Salaries and wages of employees with indefinite or fixed-term employment contract167996165727121805120217
Salaries and wages of employees in temporary and occasional employment1105771053297746573778
Salaries and wages of employees at legal entities177691175429129008127421
Salaries and wages of entrepreneurs and their employees94115913376677064849
Public sector173460172960125000124702
Non-public sector164943161912119862117721
2. Indices of salaries and wages
 
  Gross Net
VII 2026
 VI 2026
VII 2026
Ø 2025
 VII 2026
 VII 2025
I–VII 2026
I–VII 2025
  VII 2026
 VI 2026
VII 2026
Ø 2025
VII 2026
VII 2025
I–VII 2026
I–VII 2025
Nominal wage indices100.8110.8111.1111.3100.8110.9111.3111.4
Real wage indices101.0107.6109.0108.4101.0107.7109.2108.5

See more tables on this subject




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).