Average Salary in Serbia 2026
Currency: RSD · Updated for 2026
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
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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?
- 0–2 Years (Entry Level)662,904 RSD
- 2–5 Years (Junior)861,732 RSD
- 5–10 Years (Mid-Career)1,126,980 RSD
- 10–15 Years (Experienced)1,325,808 RSD
- 15+ Years (Senior)1,590,948 RSD
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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?
- High School795,528 RSD
- Certificate928,044 RSD
- Associate1,060,668 RSD
- Bachelor's1,325,808 RSD
- Master's1,590,948 RSD
- PhD1,856,088 RSD
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High School → Certificate
+17%
Certificate → Bachelor's
+43%
Bachelor's → Master's
+20%
Master's → PhD
+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
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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
Top 5 Highest Paying Industries
Annual average salaries
- Legal1,789,884 RSD
- Aviation1,723,572 RSD
- Information Technology1,723,572 RSD
- Banking1,657,260 RSD
- Pharmaceuticals1,657,260 RSD
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Salaries for Popular Jobs
Sample job titles and their average salaries
| Job Title | Annual Salary | Monthly Salary |
|---|---|---|
| Surgeon | 3,314,520 RSD | 276,264 RSD |
| Pilot | 2,651,616 RSD | 220,968 RSD |
| Software Developer | 2,386,476 RSD | 198,828 RSD |
| Data Scientist | 2,253,852 RSD | 187,812 RSD |
| Financial Manager | 2,121,336 RSD | 176,796 RSD |
| Database Administrator | 1,988,712 RSD | 165,780 RSD |
| Engineer | 1,856,088 RSD | 154,656 RSD |
| Marketing Manager | 1,723,572 RSD | 143,640 RSD |
| Project Manager | 1,657,260 RSD | 138,132 RSD |
| Accountant | 1,458,432 RSD | 121,500 RSD |
| Hotel Manager | 1,325,808 RSD | 110,484 RSD |
| Nurse | 1,193,184 RSD | 99,468 RSD |
| Graphic Designer | 1,126,980 RSD | 93,960 RSD |
| Chef | 994,356 RSD | 82,836 RSD |
| Teacher | 928,044 RSD | 77,328 RSD |
Salary Comparison By City
Average annual salaries by city
| City | Average Salary |
|---|---|
| Belgrade | 1,524,636 RSD |
| Novi Sad | 1,392,120 RSD |
| Niš | 1,392,120 RSD |
| Kragujevac | 1,392,120 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.