Wages in Montenegro decreased to 773 EUR/Month in May from 779 EUR/Month in April of 2020.

Wages in Montenegro averaged 639.81 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 July of 2020.

Wages in Montenegro is expected to be 790.00 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 2021, according to our econometric models.

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Montenegro Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
773.00 779.00 787.00 266.98 2003 - 2020 EUR/Month Monthly
Current Prices, NSA

Montenegro Labour Last Previous Highest Lowest Unit
Unemployment Rate 18.19 17.40 31.00 10.20 percent [+]
Employed Persons 184607.00 187251.00 215181.00 109639.00 [+]
Wages 773.00 779.00 787.00 266.98 EUR/Month [+]
Population 0.62 0.62 0.63 0.47 Million [+]
Wages In Manufacturing 632.00 630.00 827.00 574.00 EUR/Month [+]
Long Term Unemployment Rate 12.70 12.20 17.60 10.50 percent [+]


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