in agriculture, 28.1% in industry, and 56% in services in 2018. The unemployment rate has been in double digits throughout the post-socialist era, reaching its peak at 25.9% in 2012. Since then, the rate has decreased substantially, with the creation of new jobs in primarily private sector, reaching 9.8% in 2021. According to the latest monthly report of the Statistical Office of the Republic of Serbia, the average monthly salary in January 2022 amounted to 120,085 Serbian dinars (1,022 euros) gross or 85,422 Serbian dinars (727 euros) net. The median salary amounted to 85,422 Serbian dinars (727 euros) gross or 64,860 (552 euros) net, which means that 50% of the employees had earned a salary up to that amount. The employer is also liable to pay for additional social security contributions which brings the total labour cost for the average salary to 139,832 Serbian dinars (1,188 euros), thus the total tax ratio amounts to 37.6%. The map below shows average salaries by region in December 2022, expressed in gross terms in order to make the data comparable to the data that is published by Eurostat. Due to the nature of Serbia's economy, the majority of people working in Serbia work under the so-called "entrepreneurship" salary. This category of worker is seen in local markets, for examples, plumbers, and a variety of occupations. The majority of people working in the IT are also entrepreneurs, and entrepreneurs' tax contribution will not exceed the maximum amount of 10% of their salary. The average tax contribution is from €80 to €250 a month (depending on the location registered in Serbia), which is between 0.0042% to 2% of tax when compared to the max amount of income allowed under the entrepreneurship bracket. This makes Serbia one of the best countries for entrepreneurship in Europe, with lowest income tax rate in Europe. Regional economies The list includes statistical regions of Serbia by GDP, share of total GDP and GDP per capita & average gross salary in 2019: Companies The list includes ten largest Serbian companies by revenue in 2020 (revenue and employees figures without subsidiaries): The list includes ten largest Serbian companies by net income in 2018 (net income and employees figures without subsidiaries): See also National Bank of Serbia List of banks in Serbia List of companies of Serbia Belgrade Stock Exchange References Further reading External links Serbia Investment and Export Promotion Agency Serbian Chamber