Pay compression ratio in private sector in Serbia

Serbia: Pay compression ratio in private sector was 3.2% in 2018. ▲ Rising

Latest (2018)
3.2%
Change on year
down 1.4%
World rank
55th
of 60 countries
All-time high
4.2%
in 2014
All-time low
2.8%
in 2010
Years of data
7
2010–2018

Pay compression ratio in private sector in Serbia, 2010–2018

012342010201420182010: 2.8 ratio of 90th/10th percentile earners2013: 3.8 ratio of 90th/10th percentile earners2014: 4.2 ratio of 90th/10th percentile earners2015: 4 ratio of 90th/10th percentile earners2016: 3.7 ratio of 90th/10th percentile earners2017: 3.3 ratio of 90th/10th percentile earners2018: 3.2 ratio of 90th/10th percentile earners

Source: World Bank. Measured in ratio of 90th/10th percentile earners.

Analysis

Serbia recorded 3.2% for pay compression ratio in private sector in 2018.

That represents a change of down 1.4% on the previous year and up 17.0% over ten years.

Over the whole period, pay compression ratio in private sector in Serbia peaked at 4.2% in 2014 and was at its lowest, 2.8%, in 2010.

That places Serbia 55th out of 60 countries with data for 2018, putting it in the bottom quarter.

Pay compression ratio in private sector in Serbia, year by year

Annual values for Pay compression ratio in private sector (ratio of 90th/10th percentile earners) in Serbia, 2010 to 2018.
Year ratio of 90th/10th percentile earners Change
2010 2.8%
2013 3.8% +35.4%
2014 4.2% +12.2%
2015 4.0% -5.2%
2016 3.7% -7.3%
2017 3.3% -11.1%
2018 3.2% -1.4%

Countries ranked near Serbia

  1. 52 Croatia 3.5% compare
  2. 53 Czechia 3.5% compare
  3. 54 El Salvador 3.5% compare
  4. 56 Mongolia 3.0% compare
  5. 57 Viet Nam 2.9% compare
  6. 58 Slovakia 2.8% compare

See the full ranking of 60 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is pay compression ratio in private sector in Serbia?
Pay compression ratio in private sector in Serbia was 3.2% in 2018, according to the World Bank.
What is the highest pay compression ratio in private sector recorded in Serbia?
The highest recorded value was 4.2% in 2014.
What is the lowest pay compression ratio in private sector recorded in Serbia?
The lowest recorded value was 2.8% in 2010.
How does Serbia rank for pay compression ratio in private sector?
Serbia ranks 55th out of 60 countries with data for 2018.
Is pay compression ratio in private sector rising or falling in Serbia?
Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from the World Bank, published as part of Pay compression ratio in private sector (ratio of 90th/10th percentile earners). Statizoid updates them automatically from the source API.

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Pay compression ratio in private sector in Serbia. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/pay-compression-ratio-in-private-sector-ratio-of-90th-10th-percentile-earners/serbia/

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About this data

Indicator
Pay compression ratio in private sector (ratio of 90th/10th percentile earners)
Unit
ratio of 90th/10th percentile earners
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
60 places, 741 data points, 2000–2021
Last refreshed