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Serbia Labor Force Participation

Labor force participation rate  SL.TLF.CACT.ZS

Serbia's labor force participation was 59.14% in 2025, ranked 108th globally. This represents a 0.0% decrease from 2024. Data from World Bank, covering 1990–2025.

59.14% −0.02pp (0.0%)
Year 2025 Rank #108 Global Peak 59.16% (2024) Source World Bank

Serbia Labor Force Participation (1990–2025)

Overview

Serbia's labor force participation stood at 59.14% in 2025, a decline of +0.02pp from 2024. Based on recent trends, this figure is projected to reach 60.34% by 2026. Serbia ranked 108th globally.

Serbia's labor force participation rate has shown a gradual increase over the past three and a half decades, with the most recent value standing at 59.14% in 2025. This rate has been steadily climbing since its trough of 49.65% in 2010, with the country's economic recovery and growth playing a significant role in this upward trend. The all-time peak of 59.16% was reached in 2024, narrowly surpassing Armenia's 59.39% labor force participation rate, which is the closest among peer countries. Despite this progress, Serbia's labor force participation rate still lags behind many of its regional peers. A continued economic expansion and improvement in labor market conditions would likely contribute to further growth in labor force participation, potentially pushing the rate towards the 60% mark in the coming years. However, the pace of this growth may be influenced by demographic changes and the evolving structure of the Serbian labor market.

Data & projection

Year Labor Force Participation YoY change Rank
2028* trend 61.94% - -
2027* trend 61.14% - -
2026* trend 60.34% - -
2025 59.14% −0.02pp #108
2024 59.16% +1.07pp #108
2023 58.10% +1.03pp #118
2022 57.07% +0.89pp #131
2021 56.18% +2.81pp #128
2020 53.37% −0.69pp #139
2019 54.06% +0.10pp #141
2018 53.96% +0.41pp #143
2017 53.55% +0.58pp #147
2016 52.97% +1.75pp #149
2015 51.22% −0.38pp #156
2014 51.60% +0.45pp #151
2013 51.15% +1.00pp #153
2012 50.15% +0.41pp #155
2011 49.75% +0.10pp #157
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 11.1% GDP growth 0.1% Unemployment 23.0%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Serbia matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw labor force participation improve within 24 months. View full analysis →

Frequently Asked Questions

What is Serbia's labor force participation?▾

Serbia's labor force participation was 59.14% in 2025. Ranked 108th globally. This represents a 0.0% decrease from the previous year.

What was the highest labor force participation in Serbia?▾

Serbia's labor force participation peaked at 59.16% in 2024.

What was the lowest labor force participation in Serbia?▾

The lowest labor force participation in Serbia was 49.65% in 2010.

How does Serbia rank in labor force participation?▾

Serbia ranks 108th globally in labor force participation as of 2025.

What is the World Bank indicator code for labor force participation?▾

The World Bank indicator code is SL.TLF.CACT.ZS. Data sourced from World Bank.

What is the projected labor force participation of Serbia in 2026?▾

Serbia's labor force participation is projected to reach 60.34% by 2026 based on trend extrapolation.

What is the labor force participation of Serbia in 2025?▾

The labor force participation of Serbia in 2025 was 59.14%. This ranks 108th in the world.

Cite this page

APA
Serbia Labor Force Participation. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/serbia/labor-force-participation/
BibTeX
@misc{historysaid_serbia_labor-force-participation, title = {Serbia Labor Force Participation}, url = {https://historysaid.com/serbia/labor-force-participation/}, publisher = {HistorySaid}, year = {2026} }
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