Wages in Montenegro increased to 770 EUR/Month in May from 767 EUR/Month in April of 2019. Wages in Montenegro averaged 630.89 EUR/Month from 2003 until 2019, reaching an all time high of 772 EUR/Month in January of 2011 and a record low of 266.98 EUR/Month in January of 2004.
Wages in Montenegro is expected to be 766.17 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 790.00 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.