Long Term Unemployment Rate in Montenegro increased to 12.20 percent in the third quarter of 2019 from 11.40 percent in the second quarter of 2019.
Long Term Unemployment Rate in Montenegro averaged 13.86 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.
Long Term Unemployment Rate in Montenegro is expected to be 9.65 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 9.65 in 12 months time. In the long-term, the Montenegro Long Term Unemployment Rate is projected to trend around 9.65 percent in 2020, according to our econometric models.