Unemployment Rate in Montenegro decreased to 14.90 percent in July from 15.21 percent in June of 2019. Unemployment Rate in Montenegro averaged 17.29 percent from 2002 until 2019, reaching an all time high of 31 percent in April of 2002 and a record low of 10.20 percent in August of 2009.

Unemployment Rate in Montenegro is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Montenegro to stand at 13.90 in 12 months time. In the long-term, the Montenegro Unemployment Rate is projected to trend around 14.10 percent in 2020, according to our econometric models.

Montenegro Unemployment Rate
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Montenegro Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.90 15.21 31.00 10.20 percent [+]
Employed Persons 215181.00 213488.00 215181.00 109639.00 [+]
Wages 767.00 775.00 775.00 266.98 EUR/Month [+]
Minimum Wages 288.05 288.05 288.05 288.05 EUR/Month [+]
Population 0.62 0.62 0.63 0.47 Million [+]
Wages In Manufacturing 586.00 582.00 827.00 582.00 EUR/Month [+]
Long Term Unemployment Rate 11.60 12.30 17.60 10.50 percent [+]


Montenegro Unemployment Rate

In Montenegro, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Montenegro Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Montenegro Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
14.90 15.21 31.00 10.20 2002 - 2019 percent Monthly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.10 Mar/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.20 Jul/19
Indonesia 5.01 Mar/19
Russia 4.50 Jul/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.40 Jul/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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