Average Salary in Serbia 2026

Currency: RSD · Updated for 2026

Share:

How much money does a person working in Serbia make?

Average Monthly Salary

110,484 RSD

( 1,325,808 RSD yearly )

~ 1,023 USD per month ( 12,276 USD yearly )

LOW

27,648 RSD

256 USD

AVERAGE

110,484 RSD

1,023 USD

HIGH

386,748 RSD

3,581 USD

A person working in Serbia typically earns around 110,484 RSD per month. Salaries range from 27,648 RSD (lowest average) to 386,748 RSD (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Serbia

Median and salary distribution monthly Serbia

27,648 RSD
Minimum
60,804 RSD
25th
97,200 RSD
Median
110,484 RSD
Average
154,656 RSD
75th
386,748 RSD
Maximum

singhyogendra.com.np

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both 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 plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated.

The median (97,200 RSD) represents the middle salary value — 50% earn more and 50% earn less. The average (110,484 RSD) is the sum of all salaries divided by the number of workers, and can be skewed by extremely high or low salaries.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

  1. 0–2 Years (Entry Level)662,904 RSD
  2. 2–5 Years (Junior)861,732 RSD
  3. 5–10 Years (Mid-Career)1,126,980 RSD
  4. 10–15 Years (Experienced)1,325,808 RSD
  5. 15+ Years (Senior)1,590,948 RSD

singhyogendra.com.np

The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average +30% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average +31% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by +18% and an additional +20% for those who have crossed the 15 years mark.

“On average, a person's salary doubles their starting salary by the time they cross the 10 years experience mark.”

Salary Comparison By Education

How does the education level affect your salary?

  1. High School795,528 RSD
  2. Certificate928,044 RSD
  3. Associate1,060,668 RSD
  4. Bachelor's1,325,808 RSD
  5. Master's1,590,948 RSD
  6. PhD1,856,088 RSD

singhyogendra.com.np

High SchoolCertificate

+17%

CertificateBachelor's

+43%

Bachelor'sMaster's

+20%

Master'sPhD

+17%

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.

Workers with a certificate or diploma earn on average +17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn +43% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are +20% more than those with a Bachelor's Degree.

Finally, PhD holders earn +17% more than Master's Degree holders on average.

Salary Comparison By Gender

Salary comparison by gender monthly Serbia

1,325,808 RSD
Male+13%
1,153,440 RSD
Female-13%

singhyogendra.com.np

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Serbia earn 13% more than their female counterparts on average across all sectors.

Average Annual Salary Increment Percentage in Serbia

How much are annual salary increments? How often do employees get salary raises?

11%

Average Raise

13 months

Review Frequency

5%

Annualized Increase

Employees in Serbia are likely to observe a salary increase of approximately 11% every 13 months.

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Serbia is 5%.

Bonus and Incentive Rates in Serbia

How much and how often are bonuses being awarded?

49%

Received Bonus

51%

No Bonus

49% of surveyed staff in Serbia reported receiving at least one form of monetary bonus.

Average Bonus Rate

6%

of annual salary

Types of Bonuses Considered:

• Individual Performance-Based Bonuses

• Company Performance Bonuses

• Goal-Based Bonuses

• Holiday / End of Year Bonuses

Finance: HighSales: HighInformation Technology: High

Top 5 Highest Paying Industries

Annual average salaries

  1. Legal1,789,884 RSD
  2. Aviation1,723,572 RSD
  3. Information Technology1,723,572 RSD
  4. Banking1,657,260 RSD
  5. Pharmaceuticals1,657,260 RSD

singhyogendra.com.np

Salaries for Popular Jobs

Sample job titles and their average salaries

Job TitleAnnual SalaryMonthly Salary
Surgeon3,314,520 RSD276,264 RSD
Pilot2,651,616 RSD220,968 RSD
Software Developer2,386,476 RSD198,828 RSD
Data Scientist2,253,852 RSD187,812 RSD
Financial Manager2,121,336 RSD176,796 RSD
Database Administrator1,988,712 RSD165,780 RSD
Engineer1,856,088 RSD154,656 RSD
Marketing Manager1,723,572 RSD143,640 RSD
Project Manager1,657,260 RSD138,132 RSD
Accountant1,458,432 RSD121,500 RSD
Hotel Manager1,325,808 RSD110,484 RSD
Nurse1,193,184 RSD99,468 RSD
Graphic Designer1,126,980 RSD93,960 RSD
Chef994,356 RSD82,836 RSD
Teacher928,044 RSD77,328 RSD

Salary Comparison By City

Average annual salaries by city

CityAverage Salary
Belgrade1,524,636 RSD
Novi Sad1,392,120 RSD
Niš1,392,120 RSD
Kragujevac1,392,120 RSD

Government vs Private Sector Salary Comparison

Where can you get paid more?

104,976 RSD

Private Sector

115,992 RSD

Public Sector

+10%

Public sector employees in Serbia earn 10% more than their private sector counterparts on average across all sectors.

Average Hourly Wage in Serbia

648 RSD

per hour

The average hourly wage (pay per hour) in Serbia is 648 RSD. This means that the average person in Serbia earns approximately 648 RSD for every worked hour. Hourly Wage = Annual Salary ÷ (52 × 5 × 8)

Cost of Living in Serbia

Estimated monthly expenses

Rent

11,772 RSD

/month

Food

3,780 RSD

/month

Transport

1,404 RSD

/month

Utilities

1,836 RSD

/month

Compare Your Salary

See how your salary compares with the average in Serbia and explore top-paying jobs.

Frequently Asked Questions

What is the average salary in Serbia?
The average salary in Serbia is approximately 1,325,808 RSD per year, or 110,484 RSD per month before taxes. Salaries range from 27,648 RSD (minimum) to 386,748 RSD (maximum).
What is the difference between median and average salary?
The median salary (97,200 RSD) is the middle value — 50% earn more and 50% earn less. The average (110,484 RSD) is the sum of all salaries divided by the number of workers. If your salary is higher than both, you are doing very well. If lower than both, there is room for improvement.
Which careers pay the most in Serbia?
The highest paying industries in Serbia include Legal, Aviation, Information Technology. View all top jobs →
How is this salary data calculated?
Average gross monthly salary data from the Economic Research Institute (ERI) and SalaryExpert. Figures are estimates and may vary based on experience, location, industry, and other factors. Local currency conversions use market exchange rates.

Salary data on this page is based on research from the Economic Research Institute (ERI) and SalaryExpert. Figures are estimates and may vary based on experience, location, industry, and other factors.