Unemployment Rate in Montenegro decreased to 20.63 percent in May from 21.79 percent in April of 2022. source: Statistical Office of Montenegro

Unemployment Rate in Montenegro averaged 17.70 percent from 2002 until 2022, reaching an all time high of 31 percent in April of 2002 and a record low of 10.20 percent in August of 2009. This page provides the latest reported value for - Montenegro Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Montenegro Unemployment Rate - values, historical data and charts - was last updated on July of 2022.

Unemployment Rate in Montenegro is expected to be 22.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Unemployment Rate is projected to trend around 21.30 percent in 2023, according to our econometric models.

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Montenegro Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 20.63 21.79 percent May 2022
Employed Persons 145704.00 147762.00 Aug 2021
Wages 876.00 873.00 EUR/Month May 2022
Wages In Manufacturing 700.00 654.00 EUR/Month Feb 2022

Montenegro Unemployment Rate
In Montenegro, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
20.63 21.79 31.00 10.20 2002 - 2022 percent Monthly