Average net salaries and wages in Serbia at 500 euros

Average gross salaries and wages calculated for May 2020 amounted to 81.464 RSD, while average net salaries and wages amounted to 58.892 RSD.

Increase of gross salaries and wages in the period January – May 2020, relative to the same period last year amounted to 7.7% in real terms. Simultaneously, net salaries and wages increased by 7.6% in real terms.

Compared with the same month last year, average gross salaries and wages for May 2020 increased by 5.8% in real terms, while average net salaries and wages increased by 5.6% in real terms.

Median net salaries and wages for May 2020 amounted to 44.463 RSD, meaning that 50% of employees realised wages and salaries up to the mentioned amount.