In a significant move to improve living standards and boost economic resilience, the Government of Serbia has announced an extraordinary increase in the national minimum wage. Starting October 1, 2025, the monthly minimum wage will rise by 9.4%, from 53,592 to 58,630 dinars — roughly €500.
SRBIJA NEWS – This decision was made during the latest session of the Social-Economic Council and was confirmed by Siniša Mali, First Deputy Prime Minister and Minister of Finance. He highlighted that this is the second consecutive year that all parties — including trade unions and employers — have jointly agreed on an increase, demonstrating strong social dialogue and alignment with government policies.
The hourly wage will also increase from 308 to 337 dinars, and a regular increase of 10.1% is being considered for January 1, 2026. If both increases are implemented, the total rise would amount to 37% in one year, an unprecedented jump in the country’s recent economic history.
Additionally, the non-taxable income threshold will go up from 28,423 to 34,221 dinars, easing the financial burden on employers and helping stimulate job creation. Mali emphasized that these steps are part of the broader “Serbia 2027” strategy, which aims to raise the average monthly salary in Serbia to €1,400 by the end of 2027.
Milica Đurđević Stamenkovski, Minister of Labour, stated that the decision was based on in-depth analysis and reflects the government’s commitment to increasing citizens’ purchasing power. She added that today, only around 90,000 workers receive the minimum wage, compared to six times more a decade ago.
Representatives of both trade unions and the Serbian Employers’ Union welcomed the agreement, calling it a testament to effective social and economic collaboration. Talks on the next minimum wage adjustment, planned for 2026, will begin as early as August or September this year.
Sources & corrections
SRBIJA NEWS identifies sources and updates information when available. If you notice an error or can provide verified local information, please contact the newsroom.
Send a correction or update