{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"rs-compensation-of-employees-gdp","url":"https://apiardata.com/statistics/rs-compensation-of-employees-gdp","html_url":"https://apiardata.com/statistics/rs-compensation-of-employees-gdp/","title":"Serbia Compensation of Employees (% of GDP) (2025)","description":"Serbia's Compensation of Employees (% of GDP): 45.5 % of GDP (current prices) in 2025, +2.2pp YoY. Eurostat (NAMA_10_GDP), 2000–2025.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","Eurostat","Serbia","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Serbia","temporal_coverage":"2000/2025","unit":"% of GDP (current prices)","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Serbia Compensation of Employees (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_GDP/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2025"},{"label":"Observations","value":"26"},{"label":"Geography","value":"Serbia"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Serbia (2025)","value":"45.5","unit":"% of GDP (current prices)","trend":{"direction":"up","value":"+2.2pp YoY"}},{"label":"YoY Change","value":"+2.2pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"26","unit":"years of data"}],"series":[{"key":"value","label":"Serbia Compensation of Employees (% of GDP)"}],"observation_count":26,"observations":[{"period":"2000","value":26.6},{"period":"2001","value":28.9},{"period":"2002","value":33.3},{"period":"2003","value":34.4},{"period":"2004","value":36.6},{"period":"2005","value":37.1},{"period":"2006","value":37.4},{"period":"2007","value":37.9},{"period":"2008","value":38.7},{"period":"2009","value":38.7},{"period":"2010","value":37.4},{"period":"2011","value":36.5},{"period":"2012","value":38},{"period":"2013","value":36.4},{"period":"2014","value":36.4},{"period":"2015","value":35.8},{"period":"2016","value":36.1},{"period":"2017","value":36.6},{"period":"2018","value":37.6},{"period":"2019","value":39},{"period":"2020","value":42.3},{"period":"2021","value":42},{"period":"2022","value":42.4},{"period":"2023","value":41.6},{"period":"2024","value":43.3},{"period":"2025","value":45.5}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP (current prices)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"45.5","yoyChange":"+2.2pp"},{"year":"2024","value":"43.3","yoyChange":"+1.7pp"},{"year":"2023","value":"41.6","yoyChange":"-0.8pp"},{"year":"2022","value":"42.4","yoyChange":"+0.4pp"},{"year":"2021","value":"42.0","yoyChange":"-0.3pp"},{"year":"2020","value":"42.3","yoyChange":"+3.3pp"},{"year":"2019","value":"39.0","yoyChange":"+1.4pp"},{"year":"2018","value":"37.6","yoyChange":"+1.0pp"},{"year":"2017","value":"36.6","yoyChange":"+0.5pp"},{"year":"2016","value":"36.1","yoyChange":"+0.3pp"},{"year":"2015","value":"35.8","yoyChange":"-0.6pp"},{"year":"2014","value":"36.4","yoyChange":"unchanged"},{"year":"2013","value":"36.4","yoyChange":"-1.6pp"},{"year":"2012","value":"38.0","yoyChange":"+1.5pp"},{"year":"2011","value":"36.5","yoyChange":"-0.9pp"},{"year":"2010","value":"37.4","yoyChange":"-1.3pp"},{"year":"2009","value":"38.7","yoyChange":"unchanged"},{"year":"2008","value":"38.7","yoyChange":"+0.8pp"},{"year":"2007","value":"37.9","yoyChange":"+0.5pp"},{"year":"2006","value":"37.4","yoyChange":"+0.3pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks compensation of employees (wages, salaries, and social contributions) as a share of GDP in Serbia from 2000 to present. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2025 (26 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 45.5 % of GDP (current prices) in 2025 and reached its lowest recorded value of 26.6 in 2000. The latest reading of 45.5 in 2025 represents a change of +2.2pp."}]}