Wage bill as a percentage of GDP in Serbia
Serbia: Wage bill as a percentage of GDP was 9.8% in 2022. ▼ Falling
Latest (2022)
9.8%
Change on year
down 2.6%
World rank
71st
of 190 countries
All-time high
11.8%
in 2008
All-time low
9.0%
in 2017
Years of data
18
2005–2022
Wage bill as a percentage of GDP in Serbia, 2005–2022
Source: World Bank.
Analysis
The most recent figure for wage bill as a percentage of gdp in Serbia is 9.8%, measured in 2022.
The figure is down 2.6% on the previous year and down 15.6% over ten years.
Over the whole period, wage bill as a percentage of gdp in Serbia peaked at 11.8% in 2008 and was at its lowest, 9.0%, in 2017.
That places Serbia 71st out of 190 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Wage bill as a percentage of GDP in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 10.9% | — |
| 2006 | 11.0% | +1.1% |
| 2007 | 11.1% | +1.0% |
| 2008 | 11.8% | +6.4% |
| 2009 | 11.7% | -1.5% |
| 2010 | 11.2% | -3.7% |
| 2011 | 11.1% | -0.8% |
| 2012 | 11.6% | +3.9% |
| 2013 | 11.2% | -3.0% |
| 2014 | 11.0% | -2.1% |
| 2015 | 9.7% | -11.7% |
| 2016 | 9.2% | -5.0% |
| 2017 | 9.0% | -2.9% |
| 2018 | 9.2% | +3.2% |
| 2019 | 9.5% | +3.0% |
| 2020 | 10.5% | +10.5% |
| 2021 | 10.0% | -4.6% |
| 2022 | 9.8% | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.3% | 10.9% | 11.8% | 5 |
| 2010s | 10.3% | 9.0% | 11.6% | 10 |
| 2020s | 10.1% | 9.8% | 10.5% | 3 |
Countries ranked near Serbia
More reference data data for Serbia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6055 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3321 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.36 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3467 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.36 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.03 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.29 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 15.2 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.89 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Serbia?
- Wage bill as a percentage of gdp in Serbia was 9.8% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Serbia?
- The highest recorded value was 11.8% in 2008.
- What is the lowest wage bill as a percentage of gdp recorded in Serbia?
- The lowest recorded value was 9.0% in 2017.
- How does Serbia rank for wage bill as a percentage of gdp?
- Serbia ranks 71st out of 190 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Serbia?
- Over the last ten years it is down 15.6%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).