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Key Facts: Serbia vs Suriname Wages

Serbia Minimum Wage
RSD271/hr ($2.52 USD)
Suriname Minimum Wage
Sr$2,166/mo ($59.02 USD)
Serbia Avg. Gross Monthly Salary
RSD110,000 /mo ($1,023.26 USD)
Suriname Avg. Gross Monthly Salary
Sr$5,500 /mo ($149.86 USD)
Data Sources
Ministry of Labour, Employment, Veteran and Social Affairs (2026-02-24), Ministry of Labour, Technological Development and Environment — Suriname / ILO (2026-02-25)

Serbia flag Serbia Suriname flag Suriname

Updated 2026-02-25

Serbia flag Serbia

Minimum Wage

RSD271 /hr

$2.52 USD

Avg. Gross Salary

RSD110,000 /mo

Suriname flag Suriname

Minimum Wage

Sr$2,166 /mo

$59.02 USD

Avg. Gross Salary

Sr$5,500 /mo

Min wage: -96% Serbia vs Suriname Avg. salary: +583% Serbia vs Suriname

The minimum wage in Serbia is roughly 23 times lower than in Suriname in USD terms, reflecting the gap between a upper-middle-income and a upper-middle-income economy. Average gross salaries diverge further: $1,023/mo in Serbia versus $150/mo in Suriname, a 6.8:1 ratio. GDP per capita (PPP) in Serbia is 1.5x that of Suriname, underscoring the structural economic divide.

Serbia has higher GDP per capita ($32,832 vs $21,801). Serbia's unemployment rate is 7.1% compared to Suriname's 7.8%.

Detailed Comparison

Detailed wage comparison between Serbia and Suriname
Metric Serbia Suriname
Minimum wage /hr RSD271 $2.52
Minimum wage /day RSD2,168 $20.17
Minimum wage /mo RSD47,000 $437.21 Sr$2,166 $59.02
Minimum wage /yr RSD564,000 $5,246.51 Sr$25,992 $708.23
Avg. gross salary /mo RSD110,000 /mo $1,023.26 Sr$5,500 /mo $149.86
Avg. net salary /mo RSD80,000 /mo $744.19 Sr$4,700 /mo $128.07
Median individual income /yr RSD600,000 /yr $5,581.40 Sr$28,000 /yr $762.94

Percentage differences are based on USD equivalent values. Positive means Serbia is higher.

Work Week

Serbia

40 hrs/wk standard

Max 40 hrs/wk

Overtime : 1.26x pay

Labour Law sets full-time working hours at 40/week. Overtime: minimum 26% surcharge. Night work (22:00-06:00): minimum 26% surcharge. Holiday work: minimum 110% surcharge. Maximum overtime is 8 hours/week. Reduced working hours (36 or fewer) for hazardous occupations.

Suriname

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Suriname Labour Act sets the standard workweek at 40 hours (8 hours/day, 5 days). Maximum including overtime is 48 hours. Overtime is compensated at a minimum of 1.5x the regular wage. Sunday and public holiday work is typically at 2x.

What This Means for Workers

A minimum wage worker in Serbia earns 2241% less per hour in USD terms than one in Suriname.

See this comparison from Suriname's perspective: Suriname vs Serbia

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Frequently Asked Questions

Is the minimum wage higher in Serbia or Suriname?

In Serbia, the minimum wage is RSD271/hr ($2.52 USD). In Suriname, it is Sr$2,166/mo ($59.02 USD). Suriname has the higher rate by 2241% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Serbia may retain a larger share of their earnings if prices there are lower.

How much more does the average worker earn in Serbia compared to Suriname?

The average gross salary in Serbia is RSD110,000/mo ($1,023.26 USD), compared to Sr$5,500/mo ($149.86 USD) in Suriname. In USD terms, workers in Serbia earn approximately 583% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Serbia and Suriname is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Serbia earn more in nominal terms, though how far that income stretches depends on local prices in Suriname.

How do work hours compare between Serbia and Suriname?

Both Serbia and Suriname mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.

What is the cost of living difference between Serbia and Suriname?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Serbia has the higher GDP per capita at $32,832, which is 1.5x that of Suriname at $21,801. From Serbia's perspective, this means goods and services are priced at a higher economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.