Average salary exceeds EUR 500  

Average salary exceeds EUR 500

Average salary exceeds EUR 500

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In October this year, the average net salary, without taxes and contributions, amounted to RSD 60,109, while in the gross amount it reached RSD 83,106, the National Statistical Office of Serbia announced. Net salaries in the period January-October, compared to the same period last year, increased by 9.4 percent in nominal terms and 7.7 percent in real terms, while at the same time, gross wages increased by 9.5 percent in nominal terms and 7.8 percent in real terms, respectively. Compared to the same month last year, the average gross and net salaries for October 2020 are nominally higher by 9.2 percent, and in real terms by 7.3 percent. The median net salary for October 2020 amounted to RSD 46,382, which means that 50 percent of employees earned up to that amount, RZS announced.  


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