How much money does a person working in Serbia make?
206,579 RSD per month
Average Monthly Salary
A person working in Serbia typically earns around 206,579 RSD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Serbia | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in Serbia range between 27,961 RSD per month (minimum salary) to 914,764 RSD per month (maximum salary).
The median salary is 204,513 RSD per month, which means that half (50%) of the population are earning less than 204,513 RSD while the other half are earning more than 204,513 RSD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 104,613 RSD while 75% of them are earning more than 104,613 RSD. Also from the diagram, 75% of the population are earning less than 548,446 RSD while 25% are earning more than 548,446 RSD.
What is the difference between the median and the average salary? What should you be looking at?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Salary Trend and Forecast in Serbia
How are Serbia salaries changing over time? Listed below is a chart that shows the average salary over the past few years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +2% |
|Average Salary 2019|| +3% |
Percentage increase and decrease are relative to the previous value
Salaries in Serbia are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Salaries for popular jobs
|Administrative Assistant||98,127 RSD|
|Biomedical Engineer||161,699 RSD|
|CAD Drafter||149,099 RSD|
|Chartered Accountant||165,076 RSD|
|Chief Executive Officer||432,824 RSD|
|Chief Financial Officer||385,098 RSD|
|Civil Engineer||168,043 RSD|
|Computer Technician||149,642 RSD|
|Creative Director||198,718 RSD|
|Developer / Programmer||165,241 RSD|
|Electrical Engineer||197,059 RSD|
|Elementary School Teacher||129,429 RSD|
|Executive Chef||171,551 RSD|
|Flight Attendant||172,304 RSD|
|General Manager||342,108 RSD|
|Graphic Designer||130,233 RSD|
|Hotel Manager||291,780 RSD|
|Human Resources Manager||266,121 RSD|
|Internal Auditor||207,354 RSD|
|Legal Assistant||132,201 RSD|
|Mechanical Engineer||193,448 RSD|
|Police Officer||156,860 RSD|
|Project Manager||212,246 RSD|
|Sales Manager||314,286 RSD|
|Sales Representative||129,842 RSD|
|Secondary School Teacher||166,126 RSD|
|Travel Agent||164,384 RSD|
|Waiter / Waitress||120,565 RSD|
Average Hourly Wage in Serbia | All Jobs
1,192 RSD per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Serbia | All Jobs is 1,192 RSD. This means that the average person in Serbia earns approximatly 1,192 RSD for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
Salary Comparison By City
137902 - 166