Long Term Unemployment Rate in Montenegro is expected to be 12.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Montenegro to stand at 11.08 in 12 months time. In the long-term, the Montenegro Long Term Unemployment Rate is projected to trend around 11.26 percent in 2020, according to our econometric models.


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Montenegro Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 17.2 18.6 18.4 18.2 17.1 16.5
Employed Persons 195784 193285 192639 192703 192773 192777
Wages 768 780 782 767 768 800
Minimum Wages 288 288 288 288 288 288
Population 0.62 0.62 0.62 0.62 0.62 0.63
Wages In Manufacturing 627 657 660 622 623 690
Long Term Unemployment Rate 10.5 12.15 11.37 10.38 11.08 11.26