{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"rs-unit-labour-costs","url":"https://apiardata.com/statistics/rs-unit-labour-costs","html_url":"https://apiardata.com/statistics/rs-unit-labour-costs/","title":"Serbia Nominal Unit Labour Costs (2025)","description":"Serbia's Nominal Unit Labour Costs: 227.1 Index (2010=100) in 2025, +9.9% YoY. Eurostat (NAMA_10_LP_ULC), 2000–2025.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","Eurostat","Serbia","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Serbia","temporal_coverage":"2000/2025","unit":"Index (2010=100)","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Serbia Nominal Unit Labour Costs","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_LP_ULC/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":"227.1","unit":"Index (2010=100)","trend":{"direction":"up","value":"+9.9% YoY"}},{"label":"YoY Change","value":"+9.9%","unit":"Index (2010=100)"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"26","unit":"years of data"}],"series":[{"key":"value","label":"Serbia Nominal Unit Labour Costs"}],"observation_count":26,"observations":[{"period":"2000","value":13.754},{"period":"2001","value":27.164},{"period":"2002","value":37.735},{"period":"2003","value":44.424},{"period":"2004","value":51.485},{"period":"2005","value":59.909},{"period":"2006","value":70.1},{"period":"2007","value":78.715},{"period":"2008","value":88.242},{"period":"2009","value":96.793},{"period":"2010","value":100},{"period":"2011","value":109.459},{"period":"2012","value":119.996},{"period":"2013","value":123.601},{"period":"2014","value":126.362},{"period":"2015","value":124.937},{"period":"2016","value":126.814},{"period":"2017","value":130.318},{"period":"2018","value":133.972},{"period":"2019","value":140.138},{"period":"2020","value":152.547},{"period":"2021","value":155.484},{"period":"2022","value":171.046},{"period":"2023","value":187.297},{"period":"2024","value":206.55},{"period":"2025","value":227.073}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"Index (2010=100)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"227.1","yoyChange":"+9.9%"},{"year":"2024","value":"206.6","yoyChange":"+10.3%"},{"year":"2023","value":"187.3","yoyChange":"+9.5%"},{"year":"2022","value":"171.0","yoyChange":"+10.0%"},{"year":"2021","value":"155.5","yoyChange":"+1.9%"},{"year":"2020","value":"152.5","yoyChange":"+8.9%"},{"year":"2019","value":"140.1","yoyChange":"+4.6%"},{"year":"2018","value":"134.0","yoyChange":"+2.8%"},{"year":"2017","value":"130.3","yoyChange":"+2.8%"},{"year":"2016","value":"126.8","yoyChange":"+1.5%"},{"year":"2015","value":"124.9","yoyChange":"-1.1%"},{"year":"2014","value":"126.4","yoyChange":"+2.2%"},{"year":"2013","value":"123.6","yoyChange":"+3.0%"},{"year":"2012","value":"120.0","yoyChange":"+9.6%"},{"year":"2011","value":"109.5","yoyChange":"+9.5%"},{"year":"2010","value":"100.0","yoyChange":"+3.3%"},{"year":"2009","value":"96.8","yoyChange":"+9.7%"},{"year":"2008","value":"88.2","yoyChange":"+12.1%"},{"year":"2007","value":"78.7","yoyChange":"+12.3%"},{"year":"2006","value":"70.1","yoyChange":"+17.0%"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks nominal unit labour costs per hour worked in Serbia from 2000 to present (index 2010=100). 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 227.1 Index (2010=100) in 2025 and reached its lowest recorded value of 13.8 in 2000. The latest reading of 227.1 in 2025 represents a change of +20.5."}]}