The economy has been affected by the global economic crisis. After almost a decade of strong economic growth (average of 4.45% per year), Serbia entered the recession in 2009 with negative growth of −3% and again in 2012 and 2014 with −1% and −1.8%, respectively. As the government was fighting effects of crisis the public debt has more than doubled: from pre-crisis level of just under 30% to about 70% of GDP and trending downwards recently to around 50%. Labour force stands at 3.2 million, with 56% employed in services sector, 28.1% in industry and 15.9% in the agriculture. The average monthly net salary in May 2019 stood at 47,575 dinars or $525. The unemployment remains an acute problem, with rate of 12.7% .