Montenegro Labour Productivity Growth
2011 - 2021 | Quarterly | % | CEIC Data
Key information about Montenegro Labour Productivity Growth
- Montenegro Labour Productivity dropped by 6.62 % YoY in Dec 2021, compared with a growth of 16.35 % in the previous quarter
- Montenegro Labour Productivity Growth data is updated quarterly, available from Mar 2011 to Dec 2021, averaging at 1.75 %
- The data reached an all-time high of 38.71 % in Jun 2021 and a record low of -14.01 % in Sep 2020
CEIC calculates Labour Productivity Growth from quarterly Real GDP Growth and quarterly Employment. The Statistical Office of Montenegro provides Real GDP Growth and Employment.
Further information about Montenegro Labour Productivity Growth
- In the latest reports, Montenegro Population reached 0.62 Person mn in Jun 2021
- Its Unemployment Rate increased to 15.40 % in Dec 2021
- Monthly Earnings of Montenegro stood at 956.45 USD in Mar 2022
- The country's Labour Force Participation Rate dropped to 54.40 % in Dec 2021
View Montenegro's Labour Productivity Growth from Mar 2011 to Dec 2021 in the chart:
What was Montenegro's Labour Productivity Growth in Dec 2021?
Montenegro Labour Productivity dropped by 6.62 % YoY in Dec 2021, compared with a growth of 16.35 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -6.62 Dec 2021 | 16.35 Sep 2021 | -14.01 Sep 2020 | 38.71 Jun 2021 | % | quarterly | Mar 2011 - Dec 2021 |
Labour Productivity Growth by Country Comparison
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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 15.93 Jun 2021 | quarterly | Mar 2010 - Jun 2021 |
| Algeria (%) | 0.30 2020 | yearly | 1992 - 2020 |
| Argentina (%) | -2.41 2020 | yearly | 1992 - 2020 |
| Armenia (%) | 2.04 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Australia (%) | 1.95 Dec 2021 | quarterly | Jun 1979 - Dec 2021 |
| Austria (%) | 3.98 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Azerbaijan (%) | 6.09 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Bahrain (%) | 5.51 Mar 2021 | quarterly | Mar 2009 - Mar 2021 |
| Bangladesh (%) | 5.83 2020 | yearly | 1992 - 2020 |
| Belarus (%) | 3.11 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Belgium (%) | 2.46 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Bolivia (%) | 6.71 2017 | yearly | 2000 - 2017 |
| Bosnia and Herzegovina (%) | 2.94 2018 | yearly | 2007 - 2018 |
| Botswana (%) | -3.03 Dec 2020 | quarterly | Sep 2008 - Dec 2020 |
| Brazil (%) | 5.85 2020 | yearly | 1992 - 2020 |
| Brunei (%) | 1.58 2020 | yearly | 1992 - 2020 |
| Bulgaria (%) | 4.35 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Cambodia (%) | 5.07 2017 | yearly | 2008 - 2017 |
| Canada (%) | -0.91 Dec 2021 | quarterly | Mar 1977 - Dec 2021 |
| Chile (%) | 2.92 Dec 2021 | quarterly | Mar 1987 - Dec 2021 |
| China (%) | 8.70 2021 | yearly | 1953 - 2021 |
| Colombia (%) | 8.16 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Croatia (%) | 13.98 Sep 2021 | quarterly | Mar 2008 - Sep 2021 |
| Cyprus (%) | 0.55 Dec 2021 | quarterly | Jun 2005 - Dec 2021 |
| Czech Republic (%) | 2.85 Dec 2021 | quarterly | Dec 2004 - Dec 2021 |
| Denmark (%) | 2.21 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| Ecuador (%) | 2.05 2020 | yearly | 1992 - 2020 |
| Egypt (%) | -3.80 Jun 2021 | quarterly | Mar 2004 - Jun 2021 |
| Estonia (%) | 6.83 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| European Union (%) | 2.99 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Finland (%) | 0.68 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| France (%) | -6.98 2020 | yearly | 1979 - 2020 |
| Georgia (%) | 12.57 2021 | yearly | 1997 - 2021 |
| Germany (%) | 0.84 Dec 2021 | quarterly | Mar 1992 - Dec 2021 |
| Ghana (%) | -0.78 2020 | yearly | 1992 - 2020 |
| Greece (%) | 3.65 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Hong Kong SAR, China (%) | -3.57 Mar 2022 | quarterly | Dec 1982 - Mar 2022 |
| Hungary (%) | 5.55 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Iceland (%) | -3.97 Dec 2021 | quarterly | Mar 2004 - Dec 2021 |
| India (%) | 0.70 2020 | yearly | 1992 - 2020 |
| Indonesia (%) | 1.64 2021 | yearly | 2001 - 2021 |
| Iran (%) | 10.79 2020 | yearly | 1992 - 2020 |
| Ireland (%) | -0.40 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Israel (%) | 2.20 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
| Italy (%) | 4.39 Dec 2021 | quarterly | Mar 1997 - Dec 2021 |
| Ivory Coast (%) | 0.18 2020 | yearly | 1992 - 2020 |
| Japan (%) | 0.94 Dec 2021 | quarterly | Mar 1995 - Dec 2021 |
| Jordan (%) | 0.44 2017 | yearly | 2001 - 2017 |
| Kazakhstan (%) | 4.67 Sep 2021 | quarterly | Mar 2002 - Sep 2021 |
| Kenya (%) | 0.57 2019 | yearly | 2011 - 2019 |
| South Korea (%) | -0.70 Mar 2022 | quarterly | Sep 1983 - Mar 2022 |
| Kosovo (%) | 2.92 Mar 2021 | quarterly | Mar 2017 - Mar 2021 |
| Kuwait (%) | -1.66 2020 | yearly | 1996 - 2020 |
| Kyrgyzstan (%) | -8.49 2020 | yearly | 1993 - 2020 |
| Laos (%) | -0.35 2020 | yearly | 1992 - 2020 |
| Latvia (%) | 5.61 Dec 2021 | quarterly | Mar 2003 - Dec 2021 |
| Lebanon (%) | -16.39 2020 | yearly | 1992 - 2020 |
| Lithuania (%) | 2.20 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Luxembourg (%) | 1.18 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Macau SAR, China (%) | -1.43 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| North Macedonia (%) | 1.59 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Malawi (%) | 1.23 2020 | yearly | 1992 - 2020 |
| Malaysia (%) | 2.70 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Malta (%) | 4.71 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Mauritius (%) | 9.08 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Mexico (%) | -4.76 Dec 2021 | quarterly | Jun 1996 - Dec 2021 |
| Moldova (%) | 18.60 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Mongolia (%) | -10.11 Mar 2022 | quarterly | Sep 2007 - Mar 2022 |
| Montenegro (%) | -6.62 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Morocco (%) | -2.45 2020 | yearly | 2000 - 2020 |
| Mozambique (%) | -3.31 2020 | yearly | 1992 - 2020 |
| Myanmar (%) | 7.44 2020 | yearly | 1992 - 2020 |
| Nepal (%) | 4.24 2020 | yearly | 1992 - 2020 |
| Netherlands (%) | 3.01 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| New Zealand (%) | -1.77 Dec 2021 | quarterly | Jun 1988 - Dec 2021 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | 0.65 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Oman (%) | 12.26 2020 | yearly | 1999 - 2020 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 1.32 Dec 2021 | quarterly | Jun 2013 - Dec 2021 |
| Panama (%) | -0.50 2020 | yearly | 1992 - 2020 |
| Paraguay (%) | -1.05 Dec 2021 | quarterly | Mar 2018 - Dec 2021 |
| Peru (%) | 2.31 2020 | yearly | 2002 - 2020 |
| Philippines (%) | -3.46 2020 | yearly | 1992 - 2020 |
| Poland (%) | -2.66 Dec 2020 | quarterly | Dec 1999 - Dec 2020 |
| Portugal (%) | 3.93 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
| Romania (%) | 12.59 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Russia (%) | 2.48 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Saudi Arabia (%) | 5.41 2021 | yearly | 1971 - 2021 |
| Serbia (%) | 7.15 Dec 2021 | quarterly | Mar 2015 - Dec 2021 |
| Singapore (%) | 5.80 Dec 2021 | quarterly | Mar 1986 - Dec 2021 |
| Slovakia (%) | -1.52 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Slovenia (%) | 7.55 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| South Africa (%) | 5.03 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Spain (%) | 2.45 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Sri Lanka (%) | 0.31 Dec 2021 | quarterly | Jun 2013 - Dec 2021 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 5.16 Dec 2021 | quarterly | Mar 1994 - Dec 2021 |
| Switzerland (%) | 3.41 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.0 Dec 2021 | quarterly | Dec 2012 - Dec 2021 |
| Consolidated Fiscal Balance (USD mn) | -30.269 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| Tax Revenue (USD mn) | 94.442 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| Tax Revenue: % of GDP (%) | 24.4 Dec 2021 | quarterly | Mar 2012 - Dec 2021 |
| National Government Debt (USD mn) | 4,629.1 Dec 2021 | monthly | Dec 2010 - Dec 2021 |
| Government Debt: % of GDP (%) | 83.3 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
| 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 Government Revenue: Consolidated (EUR) | 124,160,048.790 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| General Govt Expenditure: Consolidated (EUR) | 150,830,698.820 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 16,062,530.340 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| General Govt Expenditure: Cons: ow Current (EUR) | 139,180,160.110 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -26,670,650.030 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 54,121,445.460 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| General Govt Revenue: Cons: Taxes (EUR) | 83,215,985.100 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| Gross General Government External Debt (EUR mn) | 3,688.480 Dec 2021 | monthly | Dec 2010 - Dec 2021 |
| Gross General Government Debt (EUR mn) | 4,090.020 Dec 2021 | monthly | Dec 2010 - Dec 2021 |
| Gross General Government Debt: Domestic (EUR mn) | 401.540 Dec 2021 | monthly | Dec 2010 - Dec 2021 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.053 2027 | yearly | 2003 - 2027 |
| Trade Balance (USD mn) | -236.2 Mar 2022 | monthly | Jan 2005 - Mar 2022 |
| Total Exports (USD mn) | 77.3 Mar 2022 | monthly | Jan 2005 - Mar 2022 |
| Total Exports Growth (%) | 105.1 Mar 2022 | monthly | Jan 2006 - Mar 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) | 313.5 Mar 2022 | monthly | Jan 2005 - Mar 2022 |
| Total Imports Growth (%) | 53.4 Mar 2022 | monthly | Jan 2006 - Mar 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) | 0.497 Mar 2022 | monthly | Jan 2010 - Mar 2022 |
| Total Imports from USA (USD mn) | 2.914 Mar 2021 | monthly | Jan 2006 - Mar 2021 |
| Total Exports to China (USD mn) | 8.044 Mar 2022 | monthly | Jan 2010 - Mar 2022 |
| Total Imports from China (USD mn) | 28.033 Mar 2022 | monthly | Jan 2006 - Mar 2022 |
| Exports (EUR th) | 70,137.527 Mar 2022 | monthly | Jan 2005 - Mar 2022 |
| Imports (EUR th) | 284,533.863 Mar 2022 | monthly | Jan 2005 - Mar 2022 |
| Exports: Machinery & Transport Equipment (EUR th) | 4,546.544 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 22,022.178 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Exports: Manufactured Goods (EUR th) | 25,465.653 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Exports: Food & Live Animals (EUR th) | 2,310.195 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Exports: Crude Materials: excl Fuels (EUR th) | 12,149.603 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 10,999.690 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 2,218.690 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 35,370.171 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Imports: Manufactured Goods (EUR th) | 58,898.416 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Imports: Food & Live Animals (EUR th) | 52,401.805 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Imports: Machinery & Transport Equipment (EUR th) | 55,942.764 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 35,135.375 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 52,000.191 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Imports: Europe: EU-28: Greece (EUR th) | 17,513.541 Mar 2022 | monthly | Mar 2009 - Mar 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 6.3 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Current Account Balance (USD mn) | -232.2 Dec 2021 | quarterly | Mar 2004 - Dec 2021 |
| Current Account Balance: % of GDP (%) | -15.3 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Foreign Direct Investment (USD mn) | 234.7 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Foreign Direct Investment: % of GDP (%) | 15.5 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Foreign Portfolio Investment (USD mn) | -87.300 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Foreign Portfolio Investment: % of GDP (%) | -5.8 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| 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: Russian Federation (EUR) | 164,526,989.970 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 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.9 Jan 2022 | monthly | Aug 2010 - Jan 2022 |
| Household Debt: % of GDP (%) | 29.1 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
| Non-Performing Loans (USD mn) | 260.578 Jan 2022 | monthly | Dec 2010 - Jan 2022 |
| M2 Growth (%) | -3.7 2020 | yearly | 2003 - 2020 |
| Reserve Requirement Ratio (%) | 5.5 May 2022 | monthly | Jan 2002 - May 2022 |
| Foreign Exchange Reserves (USD mn) | 1,751.1 Mar 2022 | monthly | Dec 2002 - Mar 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 32.018 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.6 Mar 2022 | monthly | Jan 2005 - Mar 2022 |
| Gold Reserves (USD mn) | 0.000 Mar 2022 | monthly | Dec 2002 - Mar 2022 |
| Total Deposits (USD mn) | 4,748.552 Mar 2022 | monthly | Jan 2003 - Mar 2022 |
| Total Deposits Growth (%) | 23.8 Mar 2022 | monthly | Jan 2004 - Mar 2022 |
| Domestic Credit (USD mn) | 3,109.2 Mar 2022 | monthly | Jan 2005 - Mar 2022 |
| Domestic Credit Growth (%) | 14.6 Mar 2022 | monthly | Jan 2006 - Mar 2022 |
| Household Debt (USD mn) | 1,625.8 Mar 2022 | monthly | Dec 2004 - Mar 2022 |
| Total Loans (USD mn) | 3,815.666 Mar 2022 | monthly | Jan 2003 - Mar 2022 |
| Total Loans Growth (%) | 5.43 Mar 2022 | monthly | Jan 2004 - Mar 2022 |
| Private Debt: % of Nominal GDP (%) | 52.29 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
| 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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