Long Term Unemployment Rate in Montenegro increased to 12.70 percent in the fourth quarter of 2019 from 12.20 percent in the third quarter of 2019.

Long Term Unemployment Rate in Montenegro averaged 13.83 percent from 2011 until 2019, reaching an all time high of 17.60 percent in the first quarter of 2013 and a record low of 10.50 percent in the second quarter of 2018. This page provides - Montenegro Long Term Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Long Term Unemployment Rate - values, historical data and charts - was last updated on June of 2020.

Long Term Unemployment Rate in Montenegro is expected to be 15.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Montenegro to stand at 18.35 in 12 months time. In the long-term, the Montenegro Long Term Unemployment Rate is projected to trend around 18.35 percent in 2021 and 16.35 percent in 2022, according to our econometric models.

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Montenegro Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.70 12.20 17.60 10.50 2011 - 2019 percent Quarterly

Montenegro Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.40 15.31 31.00 10.20 percent [+]
Employed Persons 203123.00 202787.00 215181.00 109639.00 [+]
Wages 781.00 778.00 781.00 266.98 EUR/Month [+]
Population 0.62 0.62 0.63 0.47 Million [+]
Wages In Manufacturing 632.00 630.00 827.00 574.00 EUR/Month [+]
Long Term Unemployment Rate 12.70 12.20 17.60 10.50 percent [+]