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Saturday | October 24 | 2020

Average gross salaries and wages in Serbia at 83.016 RSD in July 2020

Average gross salaries and wages calculated for July 2020 in Serbia amounted to 83.016 RSD, while average net salaries and wages amounted to 60.029 RSD.

Increase of gross salaries and wages in the period January – July 2020, relative to the same period last year amounted to 9.5% in nominal terms, i.e. 7.9% in real terms.

Simultaneously, net salaries and wages increased by 9.3% in nominal terms and by 7.7% in real terms.

Compared with the same month last year, average gross salaries and wages for July 2020 increased by 9.2% in nominal terms and by 7.1% in real terms, while average net salaries and wages increased by 9.1% in nominal terms and by 7.0% in real terms.

Median net salaries and wages for July 2020 amounted to 45 736 RSD, meaning that 50% of employees realised wages and salaries up to the mentioned amount.

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