More than half a million people in Serbia work for the minimum wage, which will be 500 euros from October. Is that enough for a dignified life - and what does the salary in Serbia look like outside of the statistics?
The President of Serbia, Aleksandar Vučić, announced that by December 2026, the average salary will be 1.150 euros. How realistic is that? And how much does the salary increase even mean, if you take into account the high rate of inflation
"The difference between average and median wages is an indicator of wage inequality." The greater the difference, the greater the inequality in earnings. In our country, the difference amounts to around 25 percent," Milojko Arsić, a professor at the Faculty of Economics in Belgrade, told Vreme.
About half of the total number of employees in Serbia have a monthly salary of up to 65.000 dinars. Citizens survive differently with this amount of money, it depends on which city they live in. In the capital, people use this money to live and eat poorly, say citizens, while in the East of Serbia, at the end of the month, you can save a little
According to the data center of the Organization for Security and Cooperation in Europe (OSCE), the highest salary in Europe is earned on average in Liechtenstein. Working in this small country between Switzerland and Austria with less than 40.000 people is worth €7.046 per month
