In November 2024, the average net salary in Serbia was 100,738 dinars, while the average gross salary, including taxes and contributions, stood at 138,911 dinars, according to the latest data from the Republic Statistical Office.
From January to November 2024, the gross wages increased by 14.2% in nominal terms, or 9.1% in real terms, compared to the same period last year. Meanwhile, the average net salary rose by 14.1% nominally and 9.0% in real terms. When compared to November 2023, the average gross salary for November 2024 was 12.1% higher in nominal terms and 7.5% higher in real terms. Similarly, the average net salary increased by 12.0% nominally and 7.4% in real terms.
The median net salary for November 2024 was 77,830 dinars, meaning that 50% of employees earned up to this amount.