Salaries rise in November, Statistics Office says

Salaries rise in November, Statistics Office says

Salaries rise in November, Statistics Office says Izvor: N1

The average net salary in Serbia in November 2019 stood at 56,331 Dinars (1 Euro – 118 Dinars), the Republic Statistics Office said on Friday.

The average net salary in November was 11.4 percent higher nominally than a year earlier and 9.8 percent higher in real terms.  

The average gross salary in November 2019 stood at 77,879 Dinars. Gross salaries rose 10.1 percent nominally and 8.2 percent in real terms in the January-November period compared to the same period a year earlier while net salaries rose by 10.3 percent nominally and 8.2 percent in real terms.  

Compared to the same month a year earlier, the average gross salary in November 2019 rose by 11.3 percent nominally and by 9.7 percent in real terms.  

The median net salary in November 2019 stood at 43,511 which means that 50 percent of the workforce earn up to that much.

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