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.

Montenegro Average Monthly Wages
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Montenegro Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.80 16.42 31.00 10.20 percent [+]
Employed Persons 205164.00 200595.00 205164.00 109639.00 [+]
Wages 770.00 767.00 772.00 266.98 EUR/Month [+]
Minimum Wages 288.05 288.05 288.05 288.05 EUR/Month [+]
Population 0.62 0.62 0.63 0.47 Million [+]
Wages In Manufacturing 586.00 582.00 827.00 582.00 EUR/Month [+]
Long Term Unemployment Rate 10.80 10.50 17.60 10.50 percent [+]


Montenegro Average Monthly Wages

In Montenegro, wages are benchmarked using average monthly earnings. This page provides - Montenegro Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Average Monthly Wages - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
770.00 767.00 772.00 266.98 2003 - 2019 EUR/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 41359.00 Mar/19
Australia 1225.30 Dec/18
Brazil 2289.00 May/19
Canada 25.75 Apr/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
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Japan 313061.00 May/19
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Russia 48510.00 May/19
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South Africa 20855.00 Mar/19
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Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 532.00 Apr/19
United States 23.43 Jun/19


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