Montenegro Average Monthly Wages in Manufacturing - Forecast

Wages In Manufacturing in Montenegro is expected to be 641.54 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages In Manufacturing in Montenegro to stand at 657.79 in 12 months time. In the long-term, the Montenegro Average Monthly Wages in Manufacturing is projected to trend around 676.94 EUR/Month in 2020, according to our econometric models.


Montenegro Average Monthly Wages in Manufacturing
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Montenegro Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 20.94 19.7 19.4 19 18.6 16.5
Employed Persons 177627 177599 177000 176457 175926 170522
Wages 768 767 767 766 765 758
Minimum Wages 288 288 288 288 288 288
Population 0.62 0.61 0.61 0.61 0.61 0.63
Wages In Manufacturing 630 642 648 653 658 677