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The Government of the Republic of Serbia

In the service of citizens

All economic measures of government aimed at better living standards for citizens

Belgrade, 9 September 2025

First Deputy Prime Minister and Minister of Finance Siniša Mali announced today that at the government session on 11 September, a decision will be made on a regular increase in the minimum wage by 10.1%, which means that as of 1 January 2026, the minimum wage will amount to RSD 64,554 or €551.

Following a session of the Socio-Economic Council at the Palace of Serbia, Mali emphasised that this regular increase will come after the extraordinary rise from 1 October this year, when the minimum wage will be raised to €500.

He stated that by the end of 2027, or early 2028, the minimum wage will reach €650, as envisaged in the Leap into the Future – Serbia 2027 plan.

The Minister stressed that the minimum wage is the main driver of average wage growth. Accelerated growth of the average wage is therefore expected, he recalled, noting that the minimum wage was raised by 13.7% on 1 January this year, will be increased exceptionally by 9.4% in October, and again by 10.1% in January next year.

Mali underlined that the economic measures introduced on 1 September, which led to lower supermarket prices, together with decisions on the minimum wage, demonstrate the government’s determination to secure a better life for Serbia’s citizens.

He added that the average salary in June this year was approximately €920, and by December it will exceed €1,000.

From 1 December, pensions will also rise by at least 12%, a level well above inflation, the First Deputy Prime Minister pointed out.

The aim, Mali concluded, is for even faster growth next year in order to compensate for lost time, raise living standards, boost GDP, and enable Serbia for the first time in history to surpass €100 billion in GDP.