Montenegro Average Monthly Wages in Manufacturing - Forecast

Wages In Manufacturing in Montenegro is expected to be 647.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages In Manufacturing in Montenegro to stand at 660.00 in 12 months time. In the long-term, the Montenegro Average Monthly Wages in Manufacturing is projected to trend around 690.00 EUR/Month in 2020, according to our econometric models.


Montenegro Average Monthly Wages in Manufacturing
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Montenegro Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 19.4 19.4 19 18.6 18.4 16.5
Employed Persons 181260 182045 181629 181486 181491 181503
Wages 761 772 776 780 782 800
Minimum Wages 288 288 288 288 288 288
Population 0.62 0.61 0.61 0.61 0.61 0.63
Long Term Unemployment Rate 12.9
Wages In Manufacturing 616 647 653 657 660 690