Montenegro Labour Force Participation Rate
2008 - 2024 | Quarterly | % | Statistical Office of Montenegro
Key information about Montenegro Labour Force Participation Rate
- Montenegro Labour Force Participation Rate increased to 64.5 % in Sep 2024, compared with 63.8 % in the previous quarter.
- Montenegro Labour Force Participation Rate is updated quarterly, available from Mar 2008 to Sep 2024, with an average rate of 53.5 % .
- The data reached the an all-time high of 66.5 % in Sep 2023 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 2022.
- Unemployment Rate of Montenegro dropped to 11.0 % in Sep 2024.
- The country's Monthly Earnings stood at 1,238.8 USD in Oct 2024.
View Montenegro's Labour Force Participation Rate from Mar 2008 to Sep 2024 in the chart:
What was Montenegro's Labour Force Participation Rate in Sep 2024?
Montenegro Labour Force Participation Rate increased to 64.5 % in Sep 2024, compared with 63.8 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 64.5 Sep 2024 | 63.8 Jun 2024 | 46.8 Jun 2021 | 66.5 Sep 2023 | % | quarterly | Mar 2008 - Sep 2024 |
Labour Force Participation Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 63.2 Dec 2024 | quarterly | Mar 2012 - Dec 2024 |
| Algeria (%) | 41.7 2018 | yearly | 2003 - 2018 |
| Argentina (%) | 62.3 2023 | yearly | 1990 - 2023 |
| Armenia (%) | 60.2 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Australia (%) | 66.7 Jan 2025 | monthly | Feb 1978 - Jan 2025 |
| Austria (%) | 77.1 Jun 2022 | quarterly | Mar 2021 - Jun 2022 |
| Azerbaijan (%) | 63.5 2023 | yearly | 1990 - 2023 |
| Bahrain (%) | 70.9 2023 | yearly | 1990 - 2023 |
| Bangladesh (%) | 61.7 2023 | yearly | 1990 - 2023 |
| Belarus (%) | 86.8 2022 | yearly | 1995 - 2022 |
| Belgium (%) | 71.1 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Bolivia (%) | 77.7 Sep 2022 | quarterly | Dec 2015 - Sep 2022 |
| Bosnia and Herzegovina (%) | 47.8 2023 | yearly | 2006 - 2023 |
| Botswana (%) | 68.3 2023 | yearly | 1990 - 2023 |
| Brazil (%) | 62.3 Jan 2025 | monthly | Mar 2012 - Jan 2025 |
| Brunei (%) | 64.0 2023 | yearly | 1990 - 2023 |
| Bulgaria (%) | 55.3 Dec 2024 | quarterly | Jun 2000 - Dec 2024 |
| Cambodia (%) | 87.4 2020 | yearly | 2020 - 2020 |
| Canada (%) | 64.7 Feb 2025 | monthly | Jan 1976 - Feb 2025 |
| Chile (%) | 62.1 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| China (%) | 65.8 2023 | yearly | 1990 - 2023 |
| Colombia (%) | 64.1 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Croatia (%) | 54.1 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Cyprus (%) | 65.1 Dec 2024 | quarterly | Jun 1999 - Dec 2024 |
| Czech Republic (%) | 60.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Denmark (%) | 74.1 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Ecuador (%) | 64.1 Dec 2024 | quarterly | Dec 2013 - Dec 2024 |
| Egypt (%) | 43.4 2023 | yearly | 2009 - 2023 |
| Estonia (%) | 66.5 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| European Union (%) | 75.8 2022 | yearly | 1990 - 2022 |
| Finland (%) | 67.8 Jan 2025 | monthly | May 2004 - Jan 2025 |
| France (%) | 74.4 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Georgia (%) | 53.3 2023 | yearly | 1998 - 2023 |
| Germany (%) | 56.0 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Ghana (%) | 63.4 2023 | yearly | 1990 - 2023 |
| Greece (%) | 59.5 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Hong Kong SAR, China (%) | 56.9 Jan 2025 | monthly | Dec 1981 - Jan 2025 |
| Hungary (%) | 68.0 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| Iceland (%) | 79.8 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| India (%) | 45.1 2024 | yearly | 1990 - 2024 |
| Indonesia (%) | 70.6 Aug 2024 | semiannually | Feb 2005 - Aug 2024 |
| Iran (%) | 41.0 Dec 2022 | quarterly | Jun 2018 - Dec 2022 |
| Ireland (%) | 66.6 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Israel (%) | 62.9 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Italy (%) | 67.5 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Ivory Coast (%) | 66.7 2023 | yearly | 1990 - 2023 |
| Japan (%) | 63.2 Jan 2025 | monthly | Jan 1968 - Jan 2025 |
| Jordan (%) | 38.5 2023 | yearly | 1990 - 2023 |
| Kazakhstan (%) | 68.4 Sep 2024 | quarterly | Jun 2001 - Sep 2024 |
| Kenya (%) | 67.0 2023 | yearly | 1990 - 2023 |
| South Korea (%) | 63.7 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
| Kosovo (%) | 42.3 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Kuwait (%) | 74.1 2023 | yearly | 1990 - 2023 |
| Kyrgyzstan (%) | 58.7 2023 | yearly | 1994 - 2023 |
| Laos (%) | 66.0 2023 | yearly | 1990 - 2023 |
| Latvia (%) | 68.0 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Lebanon (%) | 45.8 2023 | yearly | 1990 - 2023 |
| Lithuania (%) | 63.2 Dec 2024 | quarterly | Jun 1998 - Dec 2024 |
| Luxembourg (%) | 55.0 2023 | yearly | 2000 - 2023 |
| Macau SAR, China (%) | 67.2 Jan 2025 | monthly | Sep 1996 - Jan 2025 |
| North Macedonia (%) | 52.5 Dec 2024 | quarterly | Mar 2023 - Dec 2024 |
| Malawi (%) | 67.3 2023 | yearly | 1990 - 2023 |
| Malaysia (%) | 70.6 Jan 2025 | monthly | Jan 2010 - Jan 2025 |
| Malta (%) | 83.3 Dec 2024 | quarterly | Mar 2018 - Dec 2024 |
| Mauritius (%) | 58.5 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Mexico (%) | 59.4 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Moldova (%) | 42.5 Dec 2024 | quarterly | Mar 2015 - Dec 2024 |
| Mongolia (%) | 62.2 Dec 2024 | quarterly | Sep 2006 - Dec 2024 |
| Montenegro (%) | 64.5 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Morocco (%) | 43.6 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mozambique (%) | 79.0 2023 | yearly | 1990 - 2023 |
| Myanmar (%) | 60.7 2023 | yearly | 1991 - 2023 |
| Nepal (%) | 39.8 2023 | yearly | 1990 - 2023 |
| Netherlands (%) | 72.8 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| New Zealand (%) | 71.3 Dec 2024 | quarterly | Mar 1986 - Dec 2024 |
| Nigeria (%) | 82.6 2023 | yearly | 1990 - 2023 |
| Norway (%) | 65.3 2023 | yearly | 1989 - 2023 |
| Oman (%) | 67.8 2023 | yearly | 1990 - 2023 |
| Pakistan (%) | 32.3 2021 | yearly | 1990 - 2021 |
| Palestinian Territory (%) | 45.6 Jun 2024 | quarterly | Jun 2002 - Jun 2024 |
| Panama (%) | 63.3 2024 | yearly | 2003 - 2024 |
| Paraguay (%) | 71.4 Dec 2024 | quarterly | Mar 2017 - Dec 2024 |
| Peru (%) | 72.4 2022 | yearly | 2001 - 2022 |
| Philippines (%) | 63.9 Jan 2025 | quarterly | Jul 2003 - Jan 2025 |
| Poland (%) | 58.6 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Portugal (%) | 60.5 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Qatar (%) | 87.7 2023 | yearly | 2006 - 2023 |
| Romania (%) | 51.5 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Russia (%) | 68.4 Feb 2024 | monthly | Aug 2009 - Feb 2024 |
| Saudi Arabia (%) | 61.7 Mar 2023 | quarterly | Jun 2016 - Mar 2023 |
| Serbia (%) | 56.4 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
| Slovakia (%) | 61.6 Jun 2024 | quarterly | Mar 2021 - Jun 2024 |
| Slovenia (%) | 58.6 Dec 2024 | quarterly | Mar 2008 - Dec 2024 |
| South Africa (%) | 60.2 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Spain (%) | 58.5 Dec 2024 | quarterly | Mar 2021 - Dec 2024 |
| Sri Lanka (%) | 46.6 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Sudan (%) | 47.6 2023 | yearly | 1990 - 2023 |
| Sweden (%) | 74.8 Jan 2025 | monthly | Apr 2005 - Jan 2025 |
| Switzerland (%) | 67.8 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Syria (%) | 38.0 2023 | yearly | 1990 - 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.9 Dec 2024 | quarterly | Dec 2012 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | 2.142 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Tax Revenue (USD mn) | 137.427 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Tax Revenue: % of GDP (%) | 24.9 Dec 2024 | quarterly | Mar 2012 - Dec 2024 |
| National Government Debt (USD mn) | 4,906.6 Sep 2024 | monthly | Dec 2010 - Sep 2024 |
| Government Debt: % of GDP (%) | 59.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Forecast: Government Expenditure (EUR bn) | 4.457 2029 | yearly | 2002 - 2029 |
| Forecast: Government Net Debt (EUR bn) | 6.678 2029 | yearly | 2002 - 2029 |
| Forecast: Government Revenue (EUR bn) | 3.919 2029 | yearly | 2002 - 2029 |
| General Govt Expenditure: Consolidated (EUR) | 154,176,756.440 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 23,651,764.850 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | 2,068,456.780 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Revenue: Cons: Taxes (EUR) | 132,702,629.510 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 96,606,704.820 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Government Revenue: Consolidated (EUR) | 156,245,213.220 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Expenditure: Cons: ow Current (EUR) | 154,050,948.920 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -202.9 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Total Exports (USD mn) | 44.8 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Total Exports Growth (%) | -6.4 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Aluminum: Exports (USD th) | 77,568.321 2023 | yearly | 2008 - 2023 |
| Exports: Medicament (USD th) | 44,798.671 2023 | yearly | 2008 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 633.030 2023 | yearly | 2008 - 2023 |
| Total Imports (USD mn) | 247.7 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Total Imports Growth (%) | 4.5 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Imports: Medicament (USD th) | 145,430.350 2023 | yearly | 2008 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 61,662.231 2023 | yearly | 2008 - 2023 |
| Total Exports to USA (USD mn) | 0.326 Jan 2025 | monthly | Jan 2010 - Jan 2025 |
| Total Imports from USA (USD mn) | 2.017 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Total Exports to China (USD mn) | 3.566 Jan 2025 | monthly | Jan 2010 - Jan 2025 |
| Total Imports from China (USD mn) | 34.395 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Imports (EUR th) | 239,198.143 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Exports (EUR th) | 43,261.759 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Exports: Crude Materials: excl Fuels (EUR th) | 8,770.757 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Food & Live Animals (EUR th) | 3,441.716 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Machinery & Transport Equipment (EUR th) | 4,114.756 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 17,843.445 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Manufactured Goods (EUR th) | 2,535.662 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 2,689.830 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 9,140.412 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 25,395.451 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Manufactured Goods (EUR th) | 33,949.824 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 31,422.492 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Machinery & Transport Equipment (EUR th) | 59,371.661 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Food & Live Animals (EUR th) | 45,073.913 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 39,313.863 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Europe: EU-28: Greece (EUR th) | 15,355.588 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 12.7 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Current Account Balance (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Current Account Balance: % of GDP (%) | -27.0 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Foreign Direct Investment (USD mn) | 138.0 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Foreign Direct Investment: % of GDP (%) | 6.8 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Foreign Portfolio Investment (USD mn) | -35.868 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -1.8 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 137.6 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 17.205 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| External Debt (USD mn) | 8,616.5 2023 | yearly | 2006 - 2023 |
| External Debt: % of GDP (%) | 141.5 2022 | yearly | 2006 - 2022 |
| External Debt: Short Term (USD mn) | 198.7 2022 | yearly | 2007 - 2022 |
| External Debt: Short Term: % of GDP (%) | 3.2 2022 | yearly | 2007 - 2022 |
| Forecast: Current Account Balance (USD bn) | -1.492 2029 | yearly | 2001 - 2029 |
| 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 |
| Gross General Government External Debt (EUR mn) | 4,046.072 Sep 2024 | monthly | Dec 2010 - Sep 2024 |
| Foreign Direct Investment: Flow: Slovenia (EUR) | 9,478,424.000 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 125,266,558.270 2023 | yearly | 2002 - 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 65,139,405.970 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Italy (EUR) | 5,543,222.480 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 112,506,571.770 2023 | yearly | 2001 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.3 Jun 2024 | monthly | Aug 2010 - Jun 2024 |
| Household Debt: % of GDP (%) | 26.4 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Non-Performing Loans (USD mn) | 218.559 Nov 2022 | monthly | Dec 2010 - Nov 2022 |
| M2 Growth (%) | 12.0 2023 | yearly | 2003 - 2023 |
| Reserve Requirement Ratio (%) | 5.5 Feb 2025 | monthly | Jan 2002 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 1,395.0 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 20.204 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.6 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Gold Reserves (USD mn) | 0.000 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Total Deposits (USD mn) | 5,942.815 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Total Deposits Growth (%) | 5.9 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Domestic Credit (USD mn) | 3,817.3 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Domestic Credit Growth (%) | 4.2 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Household Debt (USD mn) | 2,075.8 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
| Total Loans (USD mn) | 4,915.298 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Total Loans Growth (%) | 13.28 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 46.08 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| 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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