Living Standards Measurements Study - Serbia 2002 - 2007

Table 2.2. Average monthly income and income structure in Central Serbia, Belgrade and Vojvodina, 2007
total
Western
Serbia
Central Serbia
Šumadija
Eastern
Serbia
South-
Eastern
Serbia
City
of Belgrade Vojvodina
Average monthly income in
dinars
41 946 41 650 43 194 44 250 38 938 47 787 42875
Total 100.0 100.0 100.0 100.0 100.0 100.0 100.0
Earnings from employment 44.8 46.3 44.7 40.9 46.1 58.7 48.2
Pensions (old-age, family,
disability)
20.5 18.0 21.0 21.0 21.8 21.7 20.7
Benefits from social insurance 2.3 1.9 2.2 2.3 2.9 1.3 2.6
Cash receipts from abroad 2.9 2.2 2.7 6.5 1.1 1.1 1.5
Income from agriculture 9.4 11.5 9.1 9.1 8.2 1.6 7.3
Income in kind 9.6 10.1 9.6 10.0 9.0 3.5 7.3
Other income 2.1 1.7 2.5 1.7 2.1 3.8 3.1
Imputed rent and amort./deprec.
of permanent assets
8.4 8.3 8.2 8.5 8.8 8.3 9.3
Income from agriculture and in kind
expenditure have the largest share in the income
structure of households in West Serbia, while for
households in East Serbia the share of cash receipts
from abroad is three times higher than average.
Social benefits have the largest contribution to the
income structure of households in South-East
Serbia, where the income is generally the lowest.
The nominal growth of average household
income for the 2002 – 2007 period was 95.4 percent
however, due to the increase in living costs, which
amount to 70.4 percent in the same period, the real
growth recorded the value of 14.7 percent. The
greatest nominal and real increase was for income
from social insurance benefits and pensions, while
the greatest decrease was for income in kind,
income from agriculture and cash receipts from
abroad.
Table 2.3. Comparison of average household income in Serbia, 2002 – 2007
Average monthly
income in dinars
Percentage of growth
/decline
Income structure in
percent
2002 2007 Nominal Actual 2002 2007
Total 22 299 43 569 95.4 14,7 100.0 100.0
Earnings from employment 9 839 21 480 1 18.3 28.1 44.1 49.4
Pensions (old-age, disability and
other)
3 594 9 092 1 53.0 48.5 16.1 20.9
Benefits from social insurance 301 933 2 10.0 82.1 1.3 2.1
Cash receipts from abroad 665 887 33.4 -21.7 3.0 2.0
Income from agriculture 2 415 2 980 23.4 -27.6 10.8 6.8
income in kind 2 872 3 227 12.4 -34.1 12.9 7.4
Other income 562 1 217 1 16.5 27.0 2.5 2.8
Imputed rent and amort./deprec.
of permanent assets
2 051 3 753 83.0 7.4 9.2 8.6
32 Living Standards Measurements Study - Serbia 2002 - 2007