Montenegro Unemployment Rate

2008 - 2020 | Quarterly | % | Statistical Office of Montenegro

Montenegro Unemployment Rate increased to 19.00 % in Sep 2020, from the previously reported number of 15.20 % in Jun 2020. Montenegro Unemployment Rate is updated quarterly, available from Mar 2008 to Sep 2020, with an average rate of 18.09 %. The data reached an all-time high of 21.54 % in Mar 2013 and a record low of 14.10 % in Sep 2018. The data is reported by reported by Statistical Office of Montenegro.

In the latest reports, Montenegro Population reached 0.62 million people in Jun 2019. Monthly Earnings of Montenegro stood at 963.28 USD in Jan 2021. The country's Labour Force Participation Rate dropped to 53.10 % in Sep 2020.

View Montenegro's Unemployment Rate from Mar 2008 to Sep 2020 in the chart:

Montenegro Unemployment Rate

What was Montenegro's Unemployment Rate in Sep 2020?

Last Previous Min Max Unit Frequency Range
19.00 Sep 2020 15.20 Jun 2020 14.10 Sep 2018 21.54 Mar 2013 % quarterly Mar 2008 - Sep 2020

Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Albania (%) 11.80 Dec 2020 quarterly Mar 2012 - Dec 2020
Algeria (%) 11.70 Sep 2017 quarterly Jun 2014 - Sep 2017
Argentina (%) 13.10 Jun 2020 quarterly Dec 2002 - Jun 2020
Armenia (%) 18.10 Sep 2020 quarterly Mar 2008 - Sep 2020
Australia (%) 7.00 Oct 2020 monthly Feb 1978 - Oct 2020
Austria (%) 5.52 Sep 2020 monthly Jan 1993 - Sep 2020
Azerbaijan (%) 6.94 Sep 2020 quarterly Mar 2008 - Sep 2020
Bahrain (%) 4.30 2016 yearly 1991 - 2016
Bangladesh (%) 5.30 2020 yearly 1991 - 2020
Belarus (%) 0.20 Jan 2021 monthly Oct 2004 - Jan 2021
Belgium (%) 5.20 Sep 2020 monthly Jan 1983 - Sep 2020
Bolivia (%) 3.40 2017 yearly 1999 - 2017
Bosnia and Herzegovina (%) 15.70 2019 yearly 2006 - 2019
Botswana (%) 18.72 2020 yearly 1991 - 2020
Brazil (%) 14.20 Jan 2021 monthly Mar 2012 - Jan 2021
Brunei (%) 8.37 2020 yearly 1991 - 2020
Bulgaria (%) 5.20 Dec 2020 quarterly Mar 2000 - Dec 2020
Cambodia (%) 0.10 2017 yearly 2007 - 2017
Canada (%) 8.90 Oct 2020 monthly Jan 1976 - Oct 2020
Chile (%) 11.60 Oct 2020 monthly Mar 2009 - Oct 2020
China (%) 4.24 Dec 2020 quarterly Dec 1999 - Dec 2020
Colombia (%) 15.77 Sep 2020 monthly Jan 2001 - Sep 2020
Croatia (%) 9.20 Dec 2020 quarterly Mar 2000 - Dec 2020
Cyprus (%) 8.00 Sep 2020 monthly Jan 2000 - Sep 2020
Czech Republic (%) 2.79 Sep 2020 monthly Jan 1993 - Sep 2020
Denmark (%) 5.80 Oct 2020 monthly Jan 2007 - Oct 2020
Ecuador (%) 4.96 Dec 2020 quarterly Dec 2013 - Dec 2020
Egypt (%) 7.20 Dec 2020 quarterly Mar 2003 - Dec 2020
Estonia (%) 7.70 Sep 2020 quarterly Mar 1989 - Sep 2020
European Union (%) 6.20 Jan 2020 monthly Jan 2000 - Jan 2020
Finland (%) 8.20 Dec 2020 monthly Jan 1988 - Dec 2020
France (%) 8.00 Dec 2020 quarterly Mar 1975 - Dec 2020
Georgia (%) 11.57 2019 yearly 1991 - 2019
Germany (%) 4.50 Sep 2020 monthly Jan 1991 - Sep 2020
Ghana (%) 4.51 2020 yearly 1991 - 2020
Greece (%) 16.80 Aug 2020 monthly Apr 1998 - Aug 2020
Hong Kong SAR, China (%) 6.40 Oct 2020 monthly Oct 1981 - Oct 2020
Hungary (%) 4.30 Oct 2020 monthly Jan 2000 - Oct 2020
Iceland (%) 5.60 Sep 2020 monthly Jan 2003 - Sep 2020
India (%) 7.11 2020 yearly 1991 - 2020
Indonesia (%) 7.07 2020 yearly 1984 - 2020
Iran (%) 10.60 Mar 2020 quarterly Jun 2001 - Mar 2020
Ireland (%) 7.30 Oct 2020 monthly Jan 1998 - Oct 2020
Israel (%) 4.71 Oct 2020 monthly Jan 2012 - Oct 2020
Italy (%) 8.99 Dec 2020 monthly Jan 1983 - Dec 2020
Ivory Coast (%) 3.50 2020 yearly 1991 - 2020
Japan (%) 3.00 Sep 2020 monthly Jan 1953 - Sep 2020
Jordan (%) 23.00 May 2020 quarterly Feb 2000 - May 2020
Kazakhstan (%) 5.00 Jul 2020 monthly Jan 2001 - Jul 2020
Kenya (%) 2.98 2020 yearly 1991 - 2020
South Korea (%) 4.00 Feb 2021 monthly Jun 1999 - Feb 2021
Kosovo (%) 29.10 Mar 2020 quarterly Mar 2016 - Mar 2020
Kuwait (%) 2.09 2018 yearly 1999 - 2018
Kyrgyzstan (%) 5.50 2019 yearly 1992 - 2019
Laos (%) 0.95 2020 yearly 1991 - 2020
Latvia (%) 8.00 Oct 2020 monthly Jan 1998 - Oct 2020
Lebanon (%) 11.35 2018 yearly 2004 - 2018
Lithuania (%) 10.40 Oct 2020 monthly Jan 1998 - Oct 2020
Luxembourg (%) 6.28 Oct 2020 monthly Jan 1995 - Oct 2020
Macau SAR, China (%) 2.70 Jan 2021 monthly Sep 1996 - Jan 2021
North Macedonia (%) 16.14 Dec 2020 quarterly Mar 2004 - Dec 2020
Malawi (%) 6.60 2013 yearly 2005 - 2013
Malaysia (%) 5.40 May 2020 monthly Jan 2016 - May 2020
Malta (%) 4.60 Sep 2020 quarterly Dec 2000 - Sep 2020
Mauritius (%) 7.10 Mar 2020 quarterly Mar 2004 - Mar 2020
Mexico (%) 3.26 Mar 2020 monthly Jan 2005 - Mar 2020
Moldova (%) 4.22 Jun 2020 quarterly Mar 1999 - Jun 2020
Mongolia (%) 7.57 Dec 2020 quarterly Sep 2006 - Dec 2020
Montenegro (%) 19.00 Sep 2020 quarterly Mar 2008 - Sep 2020
Morocco (%) 12.20 Dec 2020 quarterly Mar 1999 - Dec 2020
Mozambique (%) 3.24 2020 yearly 1991 - 2020
Myanmar (%) 1.79 2020 yearly 1991 - 2020
Nepal (%) 4.44 2020 yearly 1991 - 2020
Netherlands (%) 3.80 Mar 2020 monthly Jan 2003 - Mar 2020
New Zealand (%) 4.90 Dec 2020 quarterly Mar 1986 - Dec 2020
Nigeria (%) 27.11 Jun 2020 quarterly Mar 2012 - Jun 2020
Norway (%) 5.20 Sep 2020 monthly Jan 1989 - Sep 2020
Oman (%) 2.80 Oct 2020 monthly Mar 2018 - Oct 2020
Pakistan (%) 5.79 2018 yearly 1980 - 2018
Palestinian Territory (%) 23.40 Dec 2020 quarterly Mar 1998 - Dec 2020
Panama (%) 7.10 2019 yearly 2003 - 2019
Paraguay (%) 8.16 Sep 2020 quarterly Mar 2017 - Sep 2020
Peru (%) 16.43 Oct 2020 monthly Mar 2001 - Oct 2020
Philippines (%) 10.00 Jul 2020 quarterly Jul 1982 - Jul 2020
Poland (%) 6.10 Oct 2020 monthly Jan 1990 - Oct 2020
Portugal (%) 7.50 Oct 2020 monthly Feb 1998 - Oct 2020
Qatar (%) 0.10 2019 yearly 1997 - 2019
Romania (%) 5.70 Feb 2021 monthly Jan 1997 - Feb 2021
Russia (%) 6.35 Sep 2020 monthly Jan 1994 - Sep 2020
Saudi Arabia (%) 8.98 Jun 2020 quarterly Mar 2012 - Jun 2020
Serbia (%) 9.90 Dec 2020 quarterly Mar 2014 - Dec 2020
Singapore (%) 3.60 Sep 2020 quarterly Mar 1987 - Sep 2020
Slovakia (%) 7.35 Oct 2020 monthly Jan 2006 - Oct 2020
Slovenia (%) 5.10 Dec 2020 quarterly Jun 1997 - Dec 2020
South Africa (%) 32.50 Dec 2020 quarterly Mar 2008 - Dec 2020
Spain (%) 16.13 Dec 2020 quarterly Sep 1976 - Dec 2020
Sri Lanka (%) 5.20 Dec 2020 quarterly Jun 2012 - Dec 2020
Sudan (%) 20.30 2010 yearly 1993 - 2010
Sweden (%) 8.91 Oct 2020 monthly Jan 1983 - Oct 2020
Switzerland (%) 5.01 Dec 2020 monthly Jan 1991 - Dec 2020

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Montenegro Key Series

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Includes 228 key indicators for Montenegro, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -11.6 Sep 2020 quarterly Dec 2012 - Sep 2020
Consolidated Fiscal Balance (USD mn) -27.483 Dec 2020 monthly Jan 2012 - Dec 2020
Tax Revenue (USD mn) 82.095 Jan 2021 monthly Jan 2012 - Jan 2021
Tax Revenue: % of GDP (%) 19.9 Sep 2020 quarterly Mar 2012 - Sep 2020
National Government Debt (USD mn) 4,291.0 Sep 2020 monthly Dec 2010 - Sep 2020
Government Debt: % of GDP (%) 85.4 Sep 2020 quarterly Dec 2010 - Sep 2020
Forecast: Government Expenditure (EUR bn) 2.503 2026 yearly 2002 - 2026
Forecast: Government Net Debt (EUR bn) 4.656 2026 yearly 2002 - 2026
Forecast: Government Revenue (EUR bn) 2.469 2026 yearly 2002 - 2026
General Government Revenue: Consolidated (EUR) 105,570,623.030 Feb 2021 monthly Jan 2012 - Feb 2021
General Govt Revenue: Cons: Taxes (EUR) 61,433,590.360 Feb 2021 monthly Jan 2012 - Feb 2021
General Govt Expenditure: Consolidated (EUR) 127,409,095.030 Jan 2021 monthly Jan 2012 - Jan 2021
General Govt Expenditure: Cons: ow Current (EUR) 115,805,584.900 Jan 2021 monthly Jan 2012 - Jan 2021
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 35,917,952.620 Feb 2021 monthly Jan 2012 - Feb 2021
General Govt Revenue: Cons: Taxes: Excises (EUR) 13,163,287.780 Feb 2021 monthly Jan 2012 - Feb 2021
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -38,763,942.220 Jan 2021 monthly Jan 2012 - Jan 2021
Gross General Government Debt (EUR mn) 3,660.310 Sep 2020 monthly Dec 2010 - Sep 2020
Gross General Government Debt: Domestic (EUR mn) 570.500 Sep 2020 monthly Dec 2010 - Sep 2020
Gross General Government External Debt (EUR mn) 3,089.810 Sep 2020 monthly Dec 2010 - Sep 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.732 2026 yearly 2003 - 2026
Trade Balance (USD mn) -137.9 Feb 2021 monthly Jan 2005 - Feb 2021
Total Exports (USD mn) 42.2 Feb 2021 monthly Jan 2005 - Feb 2021
Total Exports Growth (%) -19.0 Jan 2021 monthly Jan 2006 - Jan 2021
Aluminum: Exports (USD th) 95,025.924 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 23,555.099 2019 yearly 2008 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 92.622 2019 yearly 2008 - 2019
Total Imports (USD mn) 180.1 Feb 2021 monthly Jan 2005 - Feb 2021
Total Imports Growth (%) -22.1 Feb 2021 monthly Jan 2006 - Feb 2021
Imports: Medicament (USD th) 72,478.965 2019 yearly 2008 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 25,841.048 2019 yearly 2008 - 2019
Total Exports to USA (USD mn) 0.558 Dec 2020 monthly Jan 2010 - Dec 2020
Total Imports from USA (USD mn) 5.556 Oct 2020 monthly Jan 2006 - Oct 2020
Total Exports to China (USD mn) 0.015 Jan 2021 monthly Jan 2010 - Jan 2021
Total Imports from China (USD mn) 20.595 Feb 2021 monthly Jan 2006 - Feb 2021
Exports (EUR th) 34,898.108 Feb 2021 monthly Jan 2005 - Feb 2021
Exports: Food & Live Animals (EUR th) 2,580.909 Dec 2020 monthly Mar 2009 - Dec 2020
Exports: Crude Materials: excl Fuels (EUR th) 7,087.752 Feb 2021 monthly Mar 2009 - Feb 2021
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 12,427.983 Feb 2021 monthly Mar 2009 - Feb 2021
Exports: Manufactured Goods (EUR th) 6,322.118 Feb 2021 monthly Mar 2009 - Feb 2021
Exports: Machinery & Transport Equipment (EUR th) 3,029.428 Feb 2021 monthly Mar 2009 - Feb 2021
Exports: Europe: EU-28: Slovenia (EUR th) 2,118.975 Feb 2021 monthly Mar 2009 - Feb 2021
Exports: Europe: CEFTA: Serbia (EUR th) 6,050.255 Jan 2021 monthly Mar 2009 - Jan 2021
Imports (EUR th) 148,895.830 Feb 2021 monthly Jan 2005 - Feb 2021
Imports: Miscellaneous Manufactured Goods (EUR th) 22,486.293 Feb 2021 monthly Mar 2009 - Feb 2021
Imports: Food & Live Animals (EUR th) 31,561.599 Feb 2021 monthly Mar 2009 - Feb 2021
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,749.298 Feb 2021 monthly Mar 2009 - Feb 2021
Imports: Manufactured Goods (EUR th) 22,870.922 Feb 2021 monthly Mar 2009 - Feb 2021
Imports: Machinery & Transport Equipment (EUR th) 34,892.702 Feb 2021 monthly Mar 2009 - Feb 2021
Imports: Europe: EU-28: Greece (EUR th) 2,751.577 Jan 2021 monthly Mar 2009 - Jan 2021
Imports: Europe: CEFTA: Serbia (EUR th) 20,536.881 Jan 2021 monthly Mar 2009 - Jan 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 7.6 Dec 2020 quarterly Mar 2005 - Dec 2020
Current Account Balance (USD mn) -271.0 Dec 2020 quarterly Mar 2004 - Dec 2020
Current Account Balance: % of GDP (%) -19.6 Dec 2020 quarterly Mar 2010 - Dec 2020
Foreign Direct Investment (USD mn) 153.1 Dec 2020 quarterly Mar 2005 - Dec 2020
Foreign Direct Investment: % of GDP (%) 11.1 Dec 2020 quarterly Mar 2010 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 48.2 Sep 2020 quarterly Mar 2007 - Sep 2020
Foreign Portfolio Investment (USD mn) 820.470 Dec 2020 quarterly Mar 2005 - Dec 2020
Foreign Portfolio Investment: % of GDP (%) -1.3 Sep 2020 quarterly Mar 2010 - Sep 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 45.833 Sep 2020 quarterly Mar 2007 - Sep 2020
External Debt (USD mn) 8,339.4 2019 yearly 2006 - 2019
External Debt: % of GDP (%) 150.5 2019 yearly 2006 - 2019
External Debt: Short Term (USD mn) 277.2 2019 yearly 2007 - 2019
External Debt: Short Term: % of GDP (%) 5.0 2019 yearly 2007 - 2019
Forecast: Current Account Balance (USD bn) -0.684 2026 yearly 2001 - 2026
Balance of Payments (BoP): Current Account and Capital Account (EUR th) -374,597.413 Dec 2018 quarterly Mar 2010 - Dec 2018
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
BoP: Financial Account: Change in Central Bank Reserves (EUR th) -9,057.098 Dec 2018 quarterly Mar 2010 - Dec 2018
Direct Investment Abroad (EUR) 425,230,491.860 2019 yearly 2001 - 2019
Foreign Direct Investment (EUR) 663,046,120.370 2020 yearly 2001 - 2020
Foreign Direct Investment: Flow: Slovenia (EUR) 9,930,593.940 2020 yearly 2001 - 2020
Foreign Direct Investment: Flow: Switzerland (EUR) 63,220,823.800 2020 yearly 2001 - 2020
Foreign Direct Investment: Flow: Italy (EUR) 45,311,055.580 2020 yearly 2001 - 2020
Foreign Direct Investment: Flow: Russian Federation (EUR) 98,964,516.900 2020 yearly 2001 - 2020
Foreign Direct Investment: Flow: Serbia (EUR) 27,876,358.180 2020 yearly 2002 - 2020
Monetary Last Frequency Range
Household Debt: % of GDP (%) 32.6 Sep 2020 quarterly Dec 2010 - Sep 2020
Non Performing Loans Ratio (%) 5.7 Oct 2020 monthly Aug 2010 - Oct 2020
Non-Performing Loans (USD mn) 212.558 Oct 2020 monthly Dec 2010 - Oct 2020
M2 Growth (%) -1.7 2019 yearly 2003 - 2019
Reserve Requirement Ratio (%) 7.5 Feb 2021 monthly Jan 2002 - Feb 2021
Foreign Exchange Reserves (USD mn) 2,044.7 Jan 2021 monthly Dec 2002 - Jan 2021
Foreign Exchange Reserves: % of GDP (%) 43.431 Dec 2020 quarterly Dec 2010 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 16.1 Jan 2021 monthly Jan 2005 - Jan 2021
Gold Reserves (USD mn) 0.000 Jan 2021 monthly Dec 2002 - Jan 2021
Total Deposits (USD mn) 4,131.333 Feb 2021 monthly Jan 2003 - Feb 2021
Total Deposits Growth (%) -1.0 Feb 2021 monthly Jan 2004 - Feb 2021
Domestic Credit (USD mn) 2,705.2 Feb 2021 monthly Jan 2005 - Feb 2021
Domestic Credit Growth (%) -11.2 Feb 2021 monthly Jan 2006 - Feb 2021
Household Debt (USD mn) 1,682.6 Feb 2021 monthly Dec 2004 - Feb 2021
Total Loans (USD mn) 3,880.392 Jan 2021 monthly Jan 2003 - Jan 2021
Total Loans Growth (%) 7.32 Oct 2020 monthly Jan 2004 - Oct 2020
Private Debt: % of Nominal GDP (%) 58.26 Sep 2020 quarterly Dec 2010 - Sep 2020
Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
Bank Loans: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 2018
ME: Bank Non-Performing Loans to Total Gross Loans (%) 7.426 2018 yearly 2013 - 2018

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