AVERAGE SALARY spiked in May – higher by about RSD 1,000

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    AVERAGE SALARY spiked in May – higher by about RSD 1,000

    The average salary in Serbia in May this year was RSD 102,432, while the average salary without taxes and contributions (net) was RSD 74,168, the Statistical Office of the Republic of Serbia announced today.

    Gross and net salary growth in the period January-May 2022, compared to the same period last year, amounted to 13.4 percent in nominal terms, i.e. 3.8 percent in real terms.

    Net earnings increased by 13.3% in nominal terms and by 3.8% in real terms.

    Compared to the same month of the previous year, the average gross salary for May 2022 was 14.2 percent higher in nominal terms and 3.4 percent in real terms, while the average net salary was 14.4 percent higher in nominal terms and 3.4 percent in real terms.

    The median net salary for May 2022 was RSD 56,582, which means that 50 percent of employees earned up to that amount.

    Average salary in April was about RSD 73,000

    The average salary without taxes and contributions in April this year in Serbia was RSD 73,012, while the average gross salary, with taxes and contributions, was RSD 100,727, the Statistical Office of the Republic of Serbia announced.

    Compared to the same month of the previous year, average gross and net salaries for April 2022 were nominally higher by 12.4 percent, and in real terms by 2.6 percent.

    Gross salary in the period January-April 2022, compared to the same period last year, amounted to 13.2 percent in nominal terms, i.e. 3.9 percent in real terms.

    At the same time, net salaries rose by 13.1 percent in nominal terms and 3.9 percent in real terms.

    The median net salary for April 2022 was RSD 55,267, which means that 50 percent of employees earned up to that amount.

    Izvor: BIZLife

    Foto: BIZLife

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