The ILO and Serbia
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© ILO
About the ILO in Serbia
Incomplete economic transition impacting labour markets
Serbia has been undergoing an unfinished transition from a centrally planned to a market economy for nearly 30 years interrupted and also partially reversed by the aftermath of the Balkan Wars in the 1990ies. Being the largest country of the Western Balkans, it has a strategic importance for EU accession negotiations with the candidate countries from this region.
The incomplete transition has its effects on labour markets. While unemployment has dropped (10% for age of 15 and above, Q3 2021, Serbia continues to struggle with relatively low labour force participation, high inactivity, a large portion of youth neither in employment nor in education, and a large share of the state-owned enterprises and institutions in the national GDP. Informality continues to be high, the quality of jobs requires substantive improvement, and there is a need for further reform of the occupational safety system. The long-standing labour legislation reform is relevant both for EU accession and for advancement of social dialogue. Continue
What's new
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© iStock/paulprescott72 2022
New ILO report
Social protection in Bosnia and Herzegovina at a crossroads: Challenges and key policy issues
03 May 2022
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© wiiw 2022
Job creation in the Western Balkans
Three essential questions: Zuzana Zavarska, Economist, Vienna Institute for International Economic Studies
05 April 2022
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© AFP/Europress 2022
Enabling Environment for Sustainable Enterprises
Weak rule of law, unfair competition, and skills shortages: New survey detects what prevents Serbian enterprises from thriving
04 February 2022