Last December's average net wage in Serbia 508.02 Euro

Last December's average net wage in Serbia 508.02 Euro

Last December's average net wage in Serbia 508.02 Euro Izvor: Shutterstcok

The Republic's Statistic Bureau said on Tuesday that the average net salary in Serbia last December was 59,722 Dinars or 508.02 Euro a month, thus finally crossing once a magic level of 500 Euro, the authorities had been announcing for a long time.

The gross average wage was 82,257 Dinars or 699.77 Euro.

The net salary was 14.1 percent higher nominally, while real wage growth was 12 percent compared to December 2018.

The gross wage rose 14 percent nominally and 11.9 percent in real terms.

The median salary in December 2019 was 44,530 Dinars or 378.80 Euro, meaning that 50 percent of the employees had that amount per month.    

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