Average Salary in Serbia for August: 117,282 Dinars

The average net salary for August 2026 is 117,282 dinars, the Statistical Office of the Republic of Serbia (RZS) announced on Monday, October 26, 2026. The average gross salary for the same month is 161,953 dinars, and the median net salary is 93,325 dinars, meaning half of all employees earned that much or less.

What is the average salary in Serbia for August 2026?

The gap between gross and net pay, that is, tax and contributions, averages 44,671 dinars. Net pay is therefore about 72.4% of gross, by our calculation from the Statistical Office’s figures.

Compared with the same month last year, the average net salary is up 11.1% in nominal terms and 8.7% in real terms, meaning after adjusting for rising prices. Gross pay is up 10.9% nominally and 8.5% in real terms.

Why is the August salary lower than July’s?

In the published data the Statistical Office does not give a reason, so we do not infer one. All that is known is the difference in the numbers, which shows when three months are placed side by side:

• June 2026, published August 25: net 120,401, gross 166,123, median 94,281 dinars
• July 2026, published September 25: net 121,346, gross 167,402, median 95,036 dinars
• August 2026, published October 26: net 117,282, gross 161,953, median 93,325 dinars

By our calculation, the August net salary is 4,064 dinars, or about 3.3%, lower than July’s. Gross pay fell by 5,449 dinars, and the median by 1,711 dinars, about 1.8%. August is also below June: net by 3,119 dinars, gross by 4,170 and the median by 956 dinars.

What does the median salary show?

The median net salary is 23,957 dinars lower than the average. When the median sits below the average, it means the highest salaries have pulled the average above the middle of the distribution, so the median better describes someone in the middle.

In August the median fell more slowly than the average. In June and July it was about 78.3% of the average net salary, and in August about 79.6%. This too is our calculation, as the Statistical Office does not publish that ratio.

How are wages growing year on year?

Growth against the same month of the previous year has slowed for a third month in a row. The average net salary in June was up 12.4% nominally and 9.4% in real terms, in July 11.3% nominally and 9.2% in real terms, and in August 11.1% nominally and 8.7% in real terms.

Measured from the start of the year, the picture has not moved. From January to August 2026, net pay is up 11.4% nominally and 8.5% in real terms compared with the same period of 2025, and gross pay is up 11.3% nominally and 8.4% in real terms. The same figure for net pay held after July, so the drop in the August monthly amount left cumulative growth almost untouched.

What was not published in the August data?

In the coverage of August wages that we reviewed, as well as on the Statistical Office’s front page, there is no breakdown by industry, by public and private sector, or by region. Such a breakdown was published for June: Biznis.rs reported on August 25 that the highest pay was in computer programming, at 305,372 dinars net, and in tobacco manufacturing, at 271,762 dinars, and the lowest in personal service activities, at 70,149 dinars.

By municipality, employees in Belgrade’s Stari Grad earned the most in June, 194,499 dinars net, and those in Presevo the least, 82,777 dinars. Until the August breakdown appears, it cannot be said which industries or municipalities felt the drop from July the most.