Wages in Montenegro decreased to 785 EUR/Month in March from 790 EUR/Month in February of 2021. source: Statistical Office of Montenegro

Wages in Montenegro averaged 646.79 EUR/Month from 2003 until 2021, reaching an all time high of 791 EUR/Month in January of 2021 and a record low of 266.98 EUR/Month in January of 2004. This page provides - Montenegro Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Average Monthly Wages - values, historical data and charts - was last updated on May of 2021.

Wages in Montenegro is expected to be 800.00 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 800.00 in 12 months time. In the long-term, the Montenegro Average Monthly Wages is projected to trend around 800.00 EUR/Month in 2022, according to our econometric models.

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Montenegro Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
785.00 790.00 791.00 266.98 2003 - 2021 EUR/Month Monthly
Current Prices, NSA

Montenegro Labour Last Previous Highest Lowest Unit
Unemployment Rate 23.83 22.60 31.00 10.20 percent [+]
Employed Persons 157355.00 159129.00 215181.00 109639.00 [+]
Wages 785.00 790.00 791.00 266.98 EUR/Month [+]
Minimum Wages 331.33 331.33 331.33 288.05 EUR/Month [+]
Population 0.62 0.62 0.63 0.47 Million [+]
Wages In Manufacturing 573.00 577.00 827.00 573.00 EUR/Month [+]
Long Term Unemployment Rate 12.40 12.00 17.60 10.50 percent [+]


Montenegro Average Monthly Wages
In Montenegro, wages are benchmarked using average monthly earnings.