Minimum Wage (As % of Gross Wage) reached 41.3 % in 2017 in Serbia. This is 2.45 % more than in the previous year.
Historically, Minimum Wage (As % of Gross Wage) in Serbia reached an all time high of 65.4 % in 2000 and an all time low of 20.8 % in 1999.
Serbia has been ranked 11th within the group of 19 countries we follow in terms of Minimum Wage (As % of Gross Wage), 15 places above the position seen 10 years ago.
A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers.