Compensation of employees (% of expense) in Serbia
Serbia: Compensation of employees (% of expense) was 16.7% in 2022. ▼ Falling
Compensation of employees in Serbia, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, compensation of employees in Serbia stood at 16.7%.
The figure is up 1.5% on the previous year and down 34.1% over ten years.
Over the whole period, compensation of employees in Serbia peaked at 26.7% in 2008 and was at its lowest, 14.5%, in 2015.
Serbia ranks 112th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Compensation of employees (% of expense) in Serbia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2007 | 26.3% | — |
| 2008 | 26.7% | +1.6% |
| 2009 | 26.2% | -1.8% |
| 2010 | 24.8% | -5.3% |
| 2011 | 25.6% | +3.0% |
| 2012 | 25.4% | -0.7% |
| 2013 | 15.7% | -38.2% |
| 2014 | 15.1% | -4.2% |
| 2015 | 14.5% | -3.9% |
| 2016 | 14.7% | +1.6% |
| 2017 | 15.1% | +2.6% |
| 2018 | 16.1% | +6.4% |
| 2019 | 16.6% | +3.6% |
| 2020 | 15.6% | -5.9% |
| 2021 | 16.5% | +5.5% |
| 2022 | 16.7% | +1.5% |
Serbia compared with similar countries
- Serbia's 16.7% is below the median for upper middle income countries, which is 26.6%, 63% of the median. (47 countries reporting)
- Serbia's 16.7% is above the median for Europe & Central Asia, which is 16.4%, 1.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (% of expense) in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | -38.2% | 25.4% | 15.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.4% | 26.2% | 26.7% | 3 |
| 2010s | 18.4% | 14.5% | 25.6% | 10 |
| 2020s | 16.3% | 15.6% | 16.7% | 3 |
Countries ranked near Serbia
More public sector data for Serbia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 146.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 23.23 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0017 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -63.48 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in Serbia?
- Compensation of employees in Serbia was 16.7% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Serbia?
- The highest recorded value was 26.7% in 2008.
- What is the lowest compensation of employees recorded in Serbia?
- The lowest recorded value was 14.5% in 2015.
- How does Serbia rank for compensation of employees?
- Serbia ranks 112th out of 155 countries with data for 2022.
- Is compensation of employees rising or falling in Serbia?
- Over the last ten years it is down 34.1%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (% of expense). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.