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Average Salary in Serbia 2020

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

Median and salary distribution monthly Serbia

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.

Salary trends and forecast monthly Serbia
Average Salary 2017    =  
191,841 RSD
Average Salary 2018    +2%  
196,061 RSD
Average Salary 2019    +3%  
202,727 RSD
Average Salary 2020    +2%  
206,579 RSD
Percentage increase and decrease are relative to the previous value
Salaries in Serbia are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2020 are 2% higher than those of 2019. The trend suggests a slow yet continous increase in pay in 2021 and future years. These numbers differ slightly from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accountant126,822 RSD
Administrative Assistant98,127 RSD
Architect183,830 RSD
Attorney268,673 RSD
Biomedical Engineer161,699 RSD
CAD Drafter149,099 RSD
Cashier106,013 RSD
Chartered Accountant165,076 RSD
Chef161,533 RSD
Chief Executive Officer432,824 RSD
Chief Financial Officer385,098 RSD
Civil Engineer172,077 RSD
Computer Technician149,642 RSD
Creative Director198,718 RSD
Dentist454,546 RSD
Developer / Programmer165,241 RSD
Electrical Engineer197,059 RSD
Elementary School Teacher129,429 RSD
Engineer179,445 RSD
Executive Chef171,551 RSD
Flight Attendant172,304 RSD
General Manager342,108 RSD
Graphic Designer130,233 RSD
Hotel Manager291,780 RSD
Human Resources Manager266,121 RSD
Internal Auditor207,354 RSD
Journalist181,856 RSD
Legal Assistant132,201 RSD
Mechanical Engineer193,448 RSD
Nurse152,716 RSD
Pharmacist219,043 RSD
Photographer126,032 RSD
Pilot229,139 RSD
Police Officer156,860 RSD
Project Manager212,246 RSD
Receptionist112,243 RSD
Sales Manager314,286 RSD
Sales Representative129,842 RSD
Secondary School Teacher166,126 RSD
Secretary108,939 RSD
Teacher146,967 RSD
Teller127,348 RSD
Travel Agent164,384 RSD
Waiter / Waitress120,565 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

CityAverage Salary
Belgrade225,058 RSD
Novi Sad215,037 RSD
138647 - 176
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