Serbia: Informal employment
* indicates monthly or quarterly data series
| Serbia |
Informal employment, percent of total employment |
|---|---|
| Latest value | 17.00 |
| Year | 2020 |
| Measure | percent |
| Data availability | 2008 - 2020 |
| Average | 24.27 |
| Min - Max | 17.00 - 57.10 |
| Source | International Labour Organization |
The latest value from 2020 is 17 percent, a decline from 18.7 percent in 2019. In comparison, the world average is 47.30 percent, based on data from 26 countries. Historically, the average for Serbia from 2008 to 2020 is 24.27 percent. The minimum value, 17 percent, was reached in 2020 while the maximum of 57.1 percent was recorded in 2008.
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Definition: Informal employment as percent of total employment. Derived from national surveys conducted by the International Labour Organization.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 3.33 | 2023 | million people |
| Unemployment rate | 8.68 | 2023 | 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 |