Average salary in Novi Sad in April lower than in March

According to data from the Statistical Office of the Republic of Serbia, the average gross salary in Novi Sad for April this year was 191,525 dinars, including taxes and contributions, meaning that residents of Novi Sad earned less than in March.

Without taxes and contributions, the net salary in the capital of Vojvodina in April amounted to 138,914 dinars, which is again 2,500 dinars less than in March, reports 021.rs.

The average salary across the whole of Serbia in April was 121,805 dinars, which is 200 dinars more than in March.

Despite the fact that the average salary for April this year was over €1,000, the median salary remains a much more reliable indicator of the purchasing power of Serbian citizens.

The median salary in Serbia for the month of April stood at 94,585 dinars, which is significantly lower than average earnings, according to statistics from the Republic Office. This means that at least 50 per cent of employees in the country received a salary up to this amount.

Over the past year, the average net salary in Serbia has increased from 109,000 dinars to 121,000 dinars, which is around 12,000 dinars more, but the inflation rate for that period stands at 3.3 per cent.

As expected, Novi Sad is the city with the highest earnings in Vojvodina, but in April, Pančevo with 122,000 dinars and Inđija with 116,000 dinars overtook Vršac, which now sits in fourth place with a salary of 115,000 dinars.

Belgrade residents earned the most in the entire country, where the average salary was 150,000 dinars, which is 3,000 less than in March.

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