Wages in Montenegro increased to 786 EUR/Month in December from 784 EUR/Month in November of 2020. source: Statistical Office of Montenegro

Wages in Montenegro averaged 644.72 EUR/Month from 2003 until 2020, reaching an all time high of 787 EUR/Month in January of 2020 and a record low of 266.98 EUR/Month in January of 2004. This page provides - Montenegro Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Average Monthly Wages - values, historical data and charts - was last updated on February of 2021.

Wages in Montenegro is expected to be 800.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Montenegro to stand at 800.00 in 12 months time. In the long-term, the Montenegro Average Monthly Wages is projected to trend around 800.00 EUR/Month in 2022, according to our econometric models.

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Montenegro Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
786.00 784.00 787.00 266.98 2003 - 2020 EUR/Month Monthly
Current Prices, NSA

Montenegro Labour Last Previous Highest Lowest Unit
Unemployment Rate 20.37 20.48 31.00 10.20 percent [+]
Employed Persons 163851.00 165961.00 215181.00 109639.00 [+]
Wages 786.00 784.00 787.00 266.98 EUR/Month [+]
Minimum Wages 331.33 331.33 331.33 288.05 EUR/Month [+]
Population 0.62 0.62 0.63 0.47 Million [+]
Wages In Manufacturing 629.00 621.00 827.00 574.00 EUR/Month [+]
Long Term Unemployment Rate 12.40 12.00 17.60 10.50 percent [+]

Montenegro Average Monthly Wages
In Montenegro, wages are benchmarked using average monthly earnings.