Serbia: Labor force participation

* indicates monthly or quarterly data series
 Serbia

Labor force participation rate

 Latest value 58.95
 Year 2023
 Measure percent
 Data availability 1991 - 2023
 Average 54.65
 Min - Max 49.69 - 59.15
 Source The World Bank
For that indicator, we provide data for Serbia from 1991 to 2023. The average value for Serbia during that period was 54.65 percent with a minimum of 49.69 percent in 2010 and a maximum of 59.15 percent in 2022. The latest value from 2023 is 58.95 percent. For comparison, the world average in 2023 based on 178 countries is 60.88 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Serbia - Labor force participation - Recent values chart

Historical chart
Serbia - Labor force participation - historical chart - 1991-2023




The labor force participation rate is the percent of the population ages 15 and older that is economically active. That includes the employed and the unemployed individuals.
Definition: Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.

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 Related indicators Latest value Reference Measure
 Labor force 3.33 2023 million people
 Unemployment rate 8.68 2022 percent
 Female unemployment 7.78 2023 percent
 Male unemployment 7.88 2023 percent
 Youth unemployment 21.48 2023 percent
 Labor force participation 58.95 2023 percent
 Labor force: percent female 45.52 2023 percent
 Female labor force participation 50.93 2023 percent
 Male labor force participation 67.87 2023 percent
 Self-employment 26.94 2022 percent
 Informal employment 17.00 2020 percent
 Employment 2.88 Q3/2023 million employed people
 Unemployment rate 9.00 Q3/2023 percent
 Labor cost 152.40 Q3/2023 index points
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