Montenegro Labour Force Participation Rate
2008 - 2022 | Quarterly | % | Statistical Office of Montenegro
Key information about Montenegro Labour Force Participation Rate
- Montenegro Labour Force Participation Rate increased to 56.3 % in Mar 2022, compared with 54.4 % in the previous quarter.
- Montenegro Labour Force Participation Rate is updated quarterly, available from Mar 2008 to Mar 2022, with an average rate of 52.3 % .
- The data reached the an all-time high of 60.0 % in Sep 2019 and a record low of 46.8 % in Jun 2021.
- Montenegro Labour Force Participation Rate is reported by reported by Statistical Office of Montenegro.
- In the latest reports, Montenegro Population reached 0.6 million people in Jun 2021.
- Unemployment Rate of Montenegro increased to 16.8 % in Mar 2022.
- The country's Monthly Earnings stood at 943.1 USD in Apr 2022.
View Montenegro's Labour Force Participation Rate from Mar 2008 to Mar 2022 in the chart:
What was Montenegro's Labour Force Participation Rate in Mar 2022?
Montenegro Labour Force Participation Rate increased to 56.3 % in Mar 2022, compared with 54.4 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 56.3 Mar 2022 | 54.4 Dec 2021 | 46.8 Jun 2021 | 60.0 Sep 2019 | % | quarterly | Mar 2008 - Mar 2022 |
Labour Force Participation Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 61.1 Mar 2022 | quarterly | Mar 2012 - Mar 2022 |
| Algeria (%) | 41.7 2018 | yearly | 2003 - 2018 |
| Argentina (%) | 60.4 2021 | yearly | 1990 - 2021 |
| Armenia (%) | 58.1 Dec 2021 | quarterly | Mar 2008 - Dec 2021 |
| Australia (%) | 67.0 May 2022 | monthly | Feb 1978 - May 2022 |
| Austria (%) | 77.5 Dec 2021 | quarterly | Mar 2021 - Dec 2021 |
| Azerbaijan (%) | 63.8 2021 | yearly | 1990 - 2021 |
| Bahrain (%) | 70.3 2021 | yearly | 1990 - 2021 |
| Bangladesh (%) | 57.0 2021 | yearly | 1990 - 2021 |
| Belarus (%) | 86.5 2020 | yearly | 1995 - 2020 |
| Belgium (%) | 70.2 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Bolivia (%) | 62.4 2017 | yearly | 1999 - 2017 |
| Bosnia and Herzegovina (%) | 47.7 2020 | yearly | 2006 - 2020 |
| Botswana (%) | 60.5 2021 | yearly | 1990 - 2021 |
| Brazil (%) | 62.5 May 2022 | monthly | Mar 2012 - May 2022 |
| Brunei (%) | 63.6 2021 | yearly | 1990 - 2021 |
| Bulgaria (%) | 55.4 Mar 2022 | quarterly | Jun 2000 - Mar 2022 |
| Cambodia (%) | 87.4 2020 | yearly | 2020 - 2020 |
| Canada (%) | 65.9 May 2022 | monthly | Jan 1976 - May 2022 |
| Chile (%) | 59.8 May 2022 | monthly | Mar 2009 - May 2022 |
| China (%) | 68.1 2021 | yearly | 1990 - 2021 |
| Colombia (%) | 63.8 May 2022 | monthly | Jan 2001 - May 2022 |
| Croatia (%) | 51.9 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Cyprus (%) | 64.3 Mar 2022 | quarterly | Jun 2004 - Mar 2022 |
| Czech Republic (%) | 59.7 Mar 2022 | quarterly | Dec 2001 - Mar 2022 |
| Denmark (%) | 70.9 Dec 2021 | monthly | Jan 2007 - Dec 2021 |
| Ecuador (%) | 64.9 Mar 2022 | quarterly | Dec 2013 - Mar 2022 |
| Egypt (%) | 42.9 2021 | yearly | 2009 - 2021 |
| Estonia (%) | 65.2 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| European Union (%) | 57.1 2021 | yearly | 1990 - 2021 |
| Finland (%) | 69.6 May 2022 | monthly | May 2004 - May 2022 |
| France (%) | 73.4 Mar 2022 | quarterly | Mar 2003 - Mar 2022 |
| Georgia (%) | 50.9 2021 | yearly | 1998 - 2021 |
| Germany (%) | 55.7 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Ghana (%) | 68.4 2021 | yearly | 1990 - 2021 |
| Greece (%) | 59.5 Apr 2022 | monthly | Jan 2004 - Apr 2022 |
| Hong Kong SAR, China (%) | 58.1 May 2022 | monthly | Dec 1981 - May 2022 |
| Hungary (%) | 66.2 Mar 2022 | quarterly | Mar 2009 - Mar 2022 |
| Iceland (%) | 78.5 Apr 2022 | monthly | Jan 2003 - Apr 2022 |
| India (%) | 45.6 2021 | yearly | 1990 - 2021 |
| Indonesia (%) | 69.1 Feb 2022 | semiannually | Feb 2005 - Feb 2022 |
| Iran (%) | 40.4 Mar 2022 | quarterly | Jun 2018 - Mar 2022 |
| Ireland (%) | 64.8 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
| Israel (%) | 63.2 May 2022 | monthly | Jan 2012 - May 2022 |
| Italy (%) | 48.2 Dec 2020 | monthly | Jan 2004 - Dec 2020 |
| Ivory Coast (%) | 55.5 2021 | yearly | 1990 - 2021 |
| Japan (%) | 62.7 May 2022 | monthly | Jan 1968 - May 2022 |
| Jordan (%) | 38.1 2021 | yearly | 1990 - 2021 |
| Kazakhstan (%) | 69.1 Mar 2022 | quarterly | Jun 2001 - Mar 2022 |
| Kenya (%) | 73.2 2021 | yearly | 1990 - 2021 |
| South Korea (%) | 64.9 May 2022 | monthly | Jun 1999 - May 2022 |
| Kosovo (%) | 39.5 Mar 2021 | quarterly | Mar 2016 - Mar 2021 |
| Kuwait (%) | 70.5 2021 | yearly | 1990 - 2021 |
| Kyrgyzstan (%) | 60.2 2019 | yearly | 1994 - 2019 |
| Laos (%) | 76.4 2021 | yearly | 1990 - 2021 |
| Latvia (%) | 68.1 Mar 2022 | quarterly | Mar 2002 - Mar 2022 |
| Lebanon (%) | 42.5 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 62.1 Mar 2022 | quarterly | Jun 1998 - Mar 2022 |
| Luxembourg (%) | 55.4 2021 | yearly | 2000 - 2021 |
| Macau SAR, China (%) | 68.3 May 2022 | monthly | Sep 1996 - May 2022 |
| North Macedonia (%) | 55.3 Mar 2022 | quarterly | Mar 2004 - Mar 2022 |
| Malawi (%) | 75.6 2021 | yearly | 1990 - 2021 |
| Malaysia (%) | 69.4 Apr 2022 | monthly | Jan 2010 - Apr 2022 |
| Malta (%) | 78.7 Mar 2022 | quarterly | Dec 2000 - Mar 2022 |
| Mauritius (%) | 54.5 Mar 2022 | quarterly | Mar 2004 - Mar 2022 |
| Mexico (%) | 60.1 Apr 2022 | monthly | Jan 2005 - Apr 2022 |
| Moldova (%) | 40.1 Mar 2022 | quarterly | Mar 2015 - Mar 2022 |
| Mongolia (%) | 58.0 Mar 2022 | quarterly | Sep 2006 - Mar 2022 |
| Montenegro (%) | 56.3 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Morocco (%) | 44.5 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Mozambique (%) | 78.3 2021 | yearly | 1990 - 2021 |
| Myanmar (%) | 54.7 2021 | yearly | 1990 - 2021 |
| Nepal (%) | 79.6 2021 | yearly | 1990 - 2021 |
| Netherlands (%) | 72.3 May 2022 | monthly | Jan 2003 - May 2022 |
| New Zealand (%) | 71.2 Mar 2022 | quarterly | Mar 1986 - Mar 2022 |
| Nigeria (%) | 53.8 2021 | yearly | 1990 - 2021 |
| Norway (%) | 66.2 2021 | yearly | 1990 - 2021 |
| Oman (%) | 68.2 2021 | yearly | 1990 - 2021 |
| Pakistan (%) | 50.1 2021 | yearly | 1990 - 2021 |
| Palestinian Territory (%) | 45.0 Mar 2022 | quarterly | Jun 2002 - Mar 2022 |
| Panama (%) | 60.4 2021 | yearly | 2003 - 2021 |
| Paraguay (%) | 71.2 Mar 2022 | quarterly | Mar 2017 - Mar 2022 |
| Peru (%) | 71.9 2021 | yearly | 2001 - 2021 |
| Philippines (%) | 63.4 Apr 2022 | quarterly | Jul 2003 - Apr 2022 |
| Poland (%) | 58.0 Mar 2022 | quarterly | Mar 2021 - Mar 2022 |
| Portugal (%) | 59.9 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Qatar (%) | 88.0 2020 | yearly | 2006 - 2020 |
| Romania (%) | 51.3 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Russia (%) | 68.5 Dec 2021 | monthly | Aug 2009 - Dec 2021 |
| Saudi Arabia (%) | 60.4 Mar 2022 | quarterly | Sep 2016 - Mar 2022 |
| Serbia (%) | 55.2 Mar 2022 | quarterly | Mar 2014 - Mar 2022 |
| Singapore (%) | 70.5 2021 | yearly | 1991 - 2021 |
| Slovakia (%) | 59.4 Dec 2020 | quarterly | Mar 1994 - Dec 2020 |
| Slovenia (%) | 58.8 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| South Africa (%) | 56.9 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Spain (%) | 58.5 Mar 2022 | quarterly | Sep 1976 - Mar 2022 |
| Sri Lanka (%) | 51.2 Mar 2022 | quarterly | Jun 2012 - Mar 2022 |
| Sudan (%) | 48.0 2021 | yearly | 1990 - 2021 |
| Sweden (%) | 75.1 May 2022 | monthly | Apr 2005 - May 2022 |
| Switzerland (%) | 66.7 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.4 Mar 2022 | quarterly | Dec 2012 - Mar 2022 |
| Consolidated Fiscal Balance (USD mn) | -15.473 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| Tax Revenue (USD mn) | 144.737 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| Tax Revenue: % of GDP (%) | 29.2 Mar 2022 | quarterly | Mar 2012 - Mar 2022 |
| National Government Debt (USD mn) | 4,508.6 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| Government Debt: % of GDP (%) | 80.3 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| Forecast: Government Expenditure (EUR bn) | 3.256 2027 | yearly | 2002 - 2027 |
| Forecast: Government Net Debt (EUR bn) | 6.024 2027 | yearly | 2002 - 2027 |
| Forecast: Government Revenue (EUR bn) | 2.803 2027 | yearly | 2002 - 2027 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -14,322,773.140 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 73,487,462.640 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Revenue: Cons: Taxes (EUR) | 133,978,505.540 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Government Revenue: Consolidated (EUR) | 181,994,151.280 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Expenditure: Consolidated (EUR) | 196,316,924.420 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 19,259,652.580 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Expenditure: Cons: ow Current (EUR) | 177,154,655.880 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| Gross General Government External Debt (EUR mn) | 3,671.190 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| Gross General Government Debt (EUR mn) | 4,064.400 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| Gross General Government Debt: Domestic (EUR mn) | 393.210 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.053 2027 | yearly | 2003 - 2027 |
| Trade Balance (USD mn) | -227.3 Apr 2022 | monthly | Jan 2005 - Apr 2022 |
| Total Exports (USD mn) | 60.8 May 2022 | monthly | Jan 2005 - May 2022 |
| Total Exports Growth (%) | 92.4 Apr 2022 | monthly | Jan 2006 - Apr 2022 |
| Aluminum: Exports (USD th) | 64,427.184 2020 | yearly | 2008 - 2020 |
| Exports: Medicament (USD th) | 27,577.528 2020 | yearly | 2008 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 35.218 2020 | yearly | 2008 - 2020 |
| Total Imports (USD mn) | 302.4 May 2022 | monthly | Jan 2005 - May 2022 |
| Total Imports Growth (%) | 38.9 May 2022 | monthly | Jan 2006 - May 2022 |
| Imports: Medicament (USD th) | 95,282.144 2020 | yearly | 2008 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 37,610.169 2020 | yearly | 2008 - 2020 |
| Total Exports to USA (USD mn) | 0.284 Apr 2022 | monthly | Jan 2010 - Apr 2022 |
| Total Imports from USA (USD mn) | 4.055 May 2022 | monthly | Jan 2006 - May 2022 |
| Total Exports to China (USD mn) | 0.151 May 2022 | monthly | Jan 2010 - May 2022 |
| Total Imports from China (USD mn) | 27.508 May 2022 | monthly | Jan 2006 - May 2022 |
| Imports (EUR th) | 286,165.952 May 2022 | monthly | Jan 2005 - May 2022 |
| Exports (EUR th) | 57,558.299 May 2022 | monthly | Jan 2005 - May 2022 |
| Exports: Manufactured Goods (EUR th) | 17,980.124 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Crude Materials: excl Fuels (EUR th) | 5,937.972 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Machinery & Transport Equipment (EUR th) | 7,342.388 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 17,044.429 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Food & Live Animals (EUR th) | 2,443.298 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 7,372.190 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 9,884.829 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Food & Live Animals (EUR th) | 53,149.186 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Machinery & Transport Equipment (EUR th) | 58,951.590 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 34,295.169 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 36,707.423 Apr 2022 | monthly | Mar 2009 - Apr 2022 |
| Imports: Manufactured Goods (EUR th) | 56,212.500 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 52,621.943 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Europe: EU-28: Greece (EUR th) | 20,062.891 May 2022 | monthly | Mar 2009 - May 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 4.4 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Current Account Balance (USD mn) | -206.3 Mar 2022 | quarterly | Mar 2004 - Mar 2022 |
| Current Account Balance: % of GDP (%) | -17.9 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Foreign Direct Investment (USD mn) | 187.3 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Foreign Direct Investment: % of GDP (%) | 16.3 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Foreign Portfolio Investment (USD mn) | -56.372 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Foreign Portfolio Investment: % of GDP (%) | -4.9 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 185.9 Dec 2021 | quarterly | Mar 2007 - Dec 2021 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 48.822 Dec 2021 | quarterly | Mar 2007 - Dec 2021 |
| External Debt (USD mn) | 9,722.7 2020 | yearly | 2006 - 2020 |
| External Debt: % of GDP (%) | 203.8 2020 | yearly | 2006 - 2020 |
| External Debt: Short Term (USD mn) | 316.3 2020 | yearly | 2007 - 2020 |
| External Debt: Short Term: % of GDP (%) | 6.6 2020 | yearly | 2007 - 2020 |
| Forecast: Current Account Balance (USD bn) | -1.054 2027 | yearly | 2001 - 2027 |
| BoP: Current Account: Goods: Export (EUR th) | 120,372.138 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| BoP: Current Account: Goods: Import (EUR th) | 645,611.036 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Balance of Payments (BoP): Current Account and Capital Account (EUR th) | -374,597.413 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| BoP: Financial Account: Change in Central Bank Reserves (EUR th) | -9,057.098 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Foreign Direct Investment: Flow: Slovenia (EUR) | 10,149,239.710 2021 | yearly | 2001 - 2021 |
| Foreign Direct Investment: Flow: Italy (EUR) | 89,717,483.530 2021 | yearly | 2001 - 2021 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 75,953,086.230 2021 | yearly | 2002 - 2021 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 78,865,715.780 2021 | yearly | 2001 - 2021 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 164,526,989.970 2021 | yearly | 2001 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.5 Mar 2022 | monthly | Aug 2010 - Mar 2022 |
| Household Debt: % of GDP (%) | 28.9 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| Non-Performing Loans (USD mn) | 248.117 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| M2 Growth (%) | -3.7 2020 | yearly | 2003 - 2020 |
| Reserve Requirement Ratio (%) | 5.5 Jul 2022 | monthly | Jan 2002 - Jul 2022 |
| Foreign Exchange Reserves (USD mn) | 1,609.0 May 2022 | monthly | Dec 2002 - May 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 29.712 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.3 May 2022 | monthly | Jan 2005 - May 2022 |
| Gold Reserves (USD mn) | 0.000 May 2022 | monthly | Dec 2002 - May 2022 |
| Total Deposits (USD mn) | 4,713.374 May 2022 | monthly | Jan 2003 - May 2022 |
| Total Deposits Growth (%) | 22.2 May 2022 | monthly | Jan 2004 - May 2022 |
| Domestic Credit (USD mn) | 3,213.3 May 2022 | monthly | Jan 2005 - May 2022 |
| Domestic Credit Growth (%) | 15.6 May 2022 | monthly | Jan 2006 - May 2022 |
| Household Debt (USD mn) | 1,606.4 May 2022 | monthly | Dec 2004 - May 2022 |
| Total Loans (USD mn) | 3,820.826 May 2022 | monthly | Jan 2003 - May 2022 |
| Total Loans Growth (%) | 7.18 May 2022 | monthly | Jan 2004 - May 2022 |
| Private Debt: % of Nominal GDP (%) | 52.83 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| Bank Loans: Non Performing Loans (EUR th) | 200,600.000 Apr 2018 | monthly | Dec 2010 - Apr 2018 |
| Bank Loans: Residents: Households (EUR th) | 1,188,990.000 Jun 2018 | monthly | Jan 2009 - Jun 2018 |
| ME: Bank Non-Performing Loans to Total Gross Loans (%) | 7.426 2018 | yearly | 2013 - 2018 |
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