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International Information Centre for Balkan Studies



Average Serbian household income lower than expenses

March 16, 2020

The average monthly income for Serbian households stood at 68,446 Dinars (1 Euro - 118 Dinars) in the fourth quarter of 2019 while expenses average 68,658 Dinars or 212 Dinars more, the Republic Statistics Office said on Monday.

A press release said that the average monthly household income and expenses were four percent higher than in the fourth quarter of 2018. Compared to the third quarter of 2019, the average monthly household income and expenses were 2.3 percent higher.

Salaries accounted for 49.2 percent of the household income, pensions for 32.2 percent, farming, and social security payments for 2.7 percent.

Food and drink accounted for 34.3 percent of expenses while housing, water, power, gas and fuel bills accounted for 17 percent and transport for 9.1 percent.

Source:  http://rs.n1info.com/English/NEWS/a578495/Average-Serbian-household-income-lower-than-expenses.html

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