Montenegro Average Monthly Wages - Forecast

Wages in Montenegro is expected to be 776.00 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 767.32 in 12 months time. In the long-term, the Montenegro Average Monthly Wages is projected to trend around 800.00 EUR/Month in 2020, according to our econometric models.


Forecast Data Chart
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Montenegro Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 18.42 19 18.6 18.4 18.2 16.5
Employed Persons 196539 188496 187227 187123 187210 187230
Wages 767 776 780 782 767 800
Minimum Wages 288 288 288 288 288 288
Population 0.62 0.62 0.62 0.62 0.62 0.63
Long Term Unemployment Rate 12.3 11.2 12.35 11.77 11.08 11.71
Wages In Manufacturing 603 653 657 660 615 690