People in Serbia spend most of their money on food, beverages and utility bills

In the second quarter of this year, the average monthly income in cash and in-kind of a household in Serbia was 66,348 dinars – the State Bureau of Statistics said, revealing results of their Household Income Survey.

The press release said that the average household income rose by 5.6 per cent in the second quarter of 2019 compared to the same period a year earlier while expenses rose by 3.9 per cent. Compared to the first quarter of the year average household income was 0.7 per cent higher while expenses were 0.8 per cent higher.  

Want to open a company in Serbia? Click here!

The highest incomes were in the Belgrade region – 77,224 dinars, followed by the Sumadija and Western Serbia and Vojvodina regions, and the lowest average total income was recorded in the Southern and Eastern Serbia region – 61,825 dinars.

Most of the average household income is from salaries (49.7 per cent) followed by pensions (32.4 per cent), earnings from farming, hunting and fishing (3.7 per cent), other income (2.9 per cent and social security payments (2.7 per cent).  

The biggest household expenses are for food and non-alcoholic beverages (34.4 per cent) followed by housing costs and utility bills (16.7 per cent), transport costs (9.4 per cent), clothing and footwear (5.4 per cent) communications (5.2 percent, recreation and culture (4.8 per cent), alcoholic beverages and tobacco (4.8 per cent).  

The statistics office polled 1,610 households.

(Kurir, 16.09.2019)




Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *

scroll to top