Wages in Montenegro decreased to 767 EUR/Month in July from 775 EUR/Month in June of 2019. Wages in Montenegro averaged 632.38 EUR/Month from 2003 until 2019, reaching an all time high of 775 EUR/Month in June of 2019 and a record low of 266.98 EUR/Month in January of 2004.

Wages in Montenegro is expected to be 766.17 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 790.00 in 12 months time. In the long-term, the Montenegro Average Monthly Wages is projected to trend around 800.00 EUR/Month in 2020, according to our econometric models.

Montenegro Average Monthly Wages
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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 Average Monthly Wages

In Montenegro, wages are benchmarked using average monthly earnings. This page provides - Montenegro Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Average Monthly Wages - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
767.00 775.00 775.00 266.98 2003 - 2019 EUR/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 42208.00 May/19
Australia 1237.90 Jun/19
Brazil 2286.00 Jul/19
Canada 25.74 Jun/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 427395.00 Jul/19
Mexico 380.72 Jul/19
Russia 45900.00 Jul/19
Singapore 5225.00 Jun/19
South Africa 20855.00 Mar/19
South Korea 3585588.00 Jun/19
Spain 1992.18 Jun/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.59 Aug/19


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