Minimum Wages in Montenegro remained unchanged at 331.33 EUR/Month in the first quarter of 2021 from 331.33 EUR/Month in the third quarter of 2020. source: EUROSTAT

Minimum Wages in Montenegro averaged 298.87 EUR/Month from 2013 until 2021, reaching an all time high of 331.33 EUR/Month in the third quarter of 2019 and a record low of 288.05 EUR/Month in the first quarter of 2014. This page provides - Montenegro Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Gross Minimum Monthly Wage - values, historical data and charts - was last updated on April of 2021.

Minimum Wages in Montenegro is expected to be 331.33 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Montenegro to stand at 331.33 in 12 months time. In the long-term, the Montenegro Gross Minimum Monthly Wage is projected to trend around 331.33 EUR/Month in 2022, according to our econometric models.

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Montenegro Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
331.33 331.33 331.33 288.05 2013 - 2021 EUR/Month Quarterly

Montenegro Labour Last Previous Highest Lowest Unit
Unemployment Rate 22.60 20.37 31.00 10.20 percent [+]
Employed Persons 157355.00 159129.00 215181.00 109639.00 [+]
Wages 790.00 791.00 791.00 266.98 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 [+]