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Serbia Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

7.12% −1.45pp (-16.9%)
Year 2025 Rank #126 Global Peak 24.00% (2012) Source World Bank

Serbia Unemployment Rate (1991–2025)

Overview

Serbia's unemployment rate stood at 7.12% in 2025, a decline of +1.45pp from 2024. The IMF projects 8.62% by 2025. Serbia ranked 126th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 8.22% - -
2029* IMF 8.32% - -
2028* IMF 8.42% - -
2027* IMF 8.52% - -
2026* IMF 8.59% - -
2025* IMF 8.62% - -
2025 7.12% −1.45pp #126
2024 7.24% −2.19pp #132
2023 8.27% −1.25pp #139
2022 8.44% −2.67pp #139
2021 9.84% +0.13pp #141
2020 9.01% −2.26pp #132
2019 10.40% −3.28pp #146
2018 12.73% −1.77pp #163
2017 13.48% −2.91pp #164
2016 15.26% −3.67pp #166
2015 17.66% −2.90pp #173
2014 19.22% −3.78pp #178
2013 22.15% −2.45pp #183
2012 24.00% +0.40pp #184
2011 22.96% +2.96pp #186
Show all years (1991-2025)
* IMF World Economic Outlook projection

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 unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Serbia's unemployment rate?

Serbia's unemployment rate was 7.12% in 2025. Ranked 126th globally. This represents a 16.9% decrease from the previous year.

What was the highest unemployment rate in Serbia?

Serbia's unemployment rate peaked at 24.00% in 2012.

What was the lowest unemployment rate in Serbia?

The lowest unemployment rate in Serbia was 7.12% in 2025.

How does Serbia rank in unemployment rate?

Serbia ranks 126th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Serbia in 2025?

Serbia's unemployment rate is projected to reach 8.62% by 2025 based on IMF projection.

What is the unemployment rate of Serbia in 2025?

The unemployment rate of Serbia in 2025 was 7.12%. This ranks 126th in the world.

Cite this page

APA
Serbia Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/serbia/unemployment-rate
BibTeX
@misc{historysaid_serbia_unemployment-rate, title = {Serbia Unemployment Rate}, url = {https://historysaid.com/serbia/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }