The average gross salaries and wages in Serbia calculated for May 2022 amounted to 102,432 Dinars (1 Euro – 118 Dinars), while average net salaries and wages amounted to 74,168 Dinars, said the Statistical Office of the Republic of Serbia (RZS).

Median net salaries and wages for May 2022 amounted to 56, 582 Dinars, meaning that 50% of employees realized wages and salaries up to the mentioned amount, the RZS said.

Increase of gross salaries and wages in the period January–May 2022, relative to the same period last year amounted to 13.4% in nominal terms, i.e. 3.8% in real terms.

Net salaries and wages increased by 13.3% in nominal terms and by 3.8% in real terms.

Compared with the same month last year, average gross salaries and wages for May 2022 increased by 14.2% in nominal terms and by 3.4% in real terms, while average net salaries and wages increased by 14.1% in nominal terms and by 3.4% in real terms, the RZS said.