The average salary (gross) in Serbia calculated for May this year was 118,992 dinars, while the average salary without taxes and contributions (net) was 86,220 dinars, the Republic Institute of Statistics announced today.
Median net earnings amounted to 66,244 dinars, which means that 50 percent of employees earned earnings up to that amount.
Gross and net earnings in the period January-May, compared to the same period last year, are nominally higher by 15.5 percent, but in real terms they are lower by 0.1 percent.
Compared to the same month of the previous year, the average gross and net earnings for May 2023 are nominally higher by 16.2 percent, and in real terms by 1.2 percent.