Montenegro Unemployment Rate
2008 - 2023 | Quarterly | % | Statistical Office of Montenegro
Key information about Montenegro Unemployment Rate
- Montenegro Unemployment Rate increased to 12.20% in Dec 2023, from the previously reported figure of 11.80% in Sep 2023.
- Montenegro Unemployment Rate is updated quarterly, available from Mar 2008 to Dec 2023, with an average rate of 17.59%.
- The data reached an all-time high of 21.54% in Mar 2013 and a record low of 11.80% in Sep 2023.
- The data is reported by reported by Statistical Office of Montenegro.
- In the latest reports, Montenegro Population reached 0.62 million people in Jun 2022.
View Montenegro's Unemployment Rate from Mar 2008 to Dec 2023 in the chart:
What was Montenegro's Unemployment Rate in Dec 2023?
Montenegro Unemployment Rate increased to 12.20% in Dec 2023, from the previously reported figure of 11.80% in Sep 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 12.20 Dec 2023 | 11.80 Sep 2023 | 11.80 Sep 2023 | 21.54 Mar 2013 | % | quarterly | Mar 2008 - Dec 2023 |
Unemployment Rate by Country Comparison
Buy Selected Data
Includes Unemployment Rate on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 10.54 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Algeria (%) | 11.40 Jun 2019 | quarterly | Mar 2014 - Jun 2019 |
| Argentina (%) | 6.90 Mar 2023 | quarterly | Jun 1990 - Mar 2023 |
| Armenia (%) | 12.00 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Australia (%) | 3.70 Feb 2024 | monthly | Feb 1978 - Feb 2024 |
| Austria (%) | 4.90 Nov 2023 | monthly | Jan 1993 - Nov 2023 |
| Azerbaijan (%) | 5.64 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Bahrain (%) | 5.90 2020 | yearly | 1991 - 2020 |
| Bangladesh (%) | 5.30 2020 | yearly | 1991 - 2020 |
| Belarus (%) | 0.10 Feb 2024 | monthly | Oct 2004 - Feb 2024 |
| Belgium (%) | 5.50 Feb 2024 | monthly | Jan 1983 - Feb 2024 |
| Bolivia (%) | 2.83 Dec 2023 | quarterly | Dec 2015 - Dec 2023 |
| Bosnia and Herzegovina (%) | 13.20 2023 | yearly | 2006 - 2023 |
| Botswana (%) | 20.68 2022 | yearly | 1991 - 2022 |
| Brazil (%) | 7.80 Feb 2024 | monthly | Mar 2012 - Feb 2024 |
| Brunei (%) | 5.20 2022 | yearly | 1981 - 2022 |
| Bulgaria (%) | 4.20 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Cambodia (%) | 2.40 2020 | yearly | 2020 - 2020 |
| Canada (%) | 6.10 Mar 2024 | monthly | Jan 1976 - Mar 2024 |
| Chile (%) | 8.50 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| China (%) | 5.10 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Colombia (%) | 12.12 Mar 2022 | monthly | Jan 2021 - Mar 2022 |
| Croatia (%) | 6.80 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| Cyprus (%) | 6.40 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Czech Republic (%) | 2.73 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Denmark (%) | 4.90 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Ecuador (%) | 3.38 Dec 2023 | quarterly | Dec 2013 - Dec 2023 |
| Egypt (%) | 6.90 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Estonia (%) | 5.30 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| European Union (%) | 6.00 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Finland (%) | 6.90 Apr 2023 | monthly | Jan 1988 - Apr 2023 |
| France (%) | 7.20 Jun 2023 | quarterly | Mar 1975 - Jun 2023 |
| Georgia (%) | 17.26 2022 | yearly | 1991 - 2022 |
| Germany (%) | 3.20 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Ghana (%) | 3.56 2023 | yearly | 1991 - 2023 |
| Greece (%) | 11.20 Apr 2023 | monthly | Apr 1998 - Apr 2023 |
| Hong Kong SAR, China (%) | 2.90 Feb 2024 | monthly | Oct 1981 - Feb 2024 |
| Hungary (%) | 4.70 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Iceland (%) | 3.68 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 5.32 2023 | yearly | 1984 - 2023 |
| Iran (%) | 8.90 Dec 2021 | quarterly | Jun 2001 - Dec 2021 |
| Ireland (%) | 4.10 Jul 2023 | monthly | Jan 1998 - Jul 2023 |
| Israel (%) | 3.30 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| Italy (%) | 7.46 Feb 2024 | monthly | Jan 1983 - Feb 2024 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 2.60 Feb 2024 | monthly | Jan 1953 - Feb 2024 |
| Jordan (%) | 21.40 Nov 2023 | quarterly | Feb 2000 - Nov 2023 |
| Kazakhstan (%) | 4.70 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 2.80 Mar 2024 | monthly | Jun 1999 - Mar 2024 |
| Kosovo (%) | 11.50 Mar 2023 | quarterly | Mar 2016 - Mar 2023 |
| Kuwait (%) | 0.93 2021 | yearly | 1999 - 2021 |
| Kyrgyzstan (%) | 4.90 2022 | yearly | 1992 - 2022 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 6.90 Jan 2024 | monthly | Jan 1998 - Jan 2024 |
| Lebanon (%) | 29.56 2021 | yearly | 2004 - 2021 |
| Lithuania (%) | 7.40 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
| Luxembourg (%) | 5.57 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Macau SAR, China (%) | 2.20 Feb 2024 | monthly | Sep 1996 - Feb 2024 |
| North Macedonia (%) | 13.00 Dec 2023 | quarterly | Mar 2023 - Dec 2023 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 3.30 Feb 2024 | monthly | Jan 2010 - Feb 2024 |
| Malta (%) | 2.85 Dec 2023 | quarterly | Mar 2018 - Dec 2023 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 2.58 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Moldova (%) | 5.55 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Mongolia (%) | 3.92 Dec 2023 | quarterly | Sep 2006 - Dec 2023 |
| Montenegro (%) | 12.20 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Morocco (%) | 12.40 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Mozambique (%) | 3.67 2023 | yearly | 1991 - 2023 |
| Myanmar (%) | 1.79 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 4.44 2020 | yearly | 1991 - 2020 |
| Netherlands (%) | 3.10 Jul 2021 | monthly | Jan 2003 - Jul 2021 |
| New Zealand (%) | 4.00 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Nigeria (%) | 4.10 Mar 2023 | quarterly | Dec 2022 - Mar 2023 |
| Norway (%) | 3.90 Jan 2024 | monthly | Jan 1989 - Jan 2024 |
| Oman (%) | 3.30 Feb 2024 | monthly | Mar 2018 - Feb 2024 |
| Pakistan (%) | 6.30 2021 | yearly | 1980 - 2021 |
| Palestinian Territory (%) | 24.10 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Panama (%) | 11.30 2021 | yearly | 2003 - 2021 |
| Paraguay (%) | 5.23 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Peru (%) | 7.30 Feb 2024 | monthly | Mar 2001 - Feb 2024 |
| Philippines (%) | 4.50 Apr 2023 | quarterly | Jul 1982 - Apr 2023 |
| Poland (%) | 5.40 Feb 2024 | monthly | Jan 1990 - Feb 2024 |
| Portugal (%) | 7.20 Jan 2021 | monthly | Feb 1998 - Jan 2021 |
| Qatar (%) | 0.10 2019 | yearly | 1997 - 2019 |
| Romania (%) | 5.60 Apr 2023 | monthly | Jan 2004 - Apr 2023 |
| Russia (%) | 2.80 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Saudi Arabia (%) | 4.43 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Serbia (%) | 9.10 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
| Singapore (%) | 1.90 May 2023 | monthly | Mar 2020 - May 2023 |
| Slovakia (%) | 3.92 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Slovenia (%) | 3.40 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| South Africa (%) | 32.10 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Spain (%) | 11.76 Dec 2023 | quarterly | Sep 1976 - Dec 2023 |
| Sri Lanka (%) | 4.30 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Sudan (%) | 20.30 2010 | yearly | 1993 - 2010 |
| Sweden (%) | 7.22 Apr 2023 | monthly | Jan 1983 - Apr 2023 |
| Switzerland (%) | 4.01 Dec 2023 | monthly | Jan 1991 - Dec 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doMontenegro Key Series
Buy Selected Data
Includes 161 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 (%) | 0.2 Dec 2023 | quarterly | Dec 2012 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -158.147 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| Tax Revenue (USD mn) | 149.467 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| Tax Revenue: % of GDP (%) | 22.8 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| National Government Debt (USD mn) | 4,219.6 Sep 2023 | monthly | Dec 2010 - Sep 2023 |
| Government Debt: % of GDP (%) | 59.7 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Forecast: Government Expenditure (EUR bn) | 3.984 2028 | yearly | 2002 - 2028 |
| Forecast: Government Net Debt (EUR bn) | 6.698 2028 | yearly | 2002 - 2028 |
| Forecast: Government Revenue (EUR bn) | 3.392 2028 | yearly | 2002 - 2028 |
| General Government Revenue: Consolidated (EUR) | 256,012,257.490 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 22,366,846.550 Feb 2024 | monthly | Jan 2012 - Feb 2024 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -144,918,956.860 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| General Govt Expenditure: Consolidated (EUR) | 214,470,792.860 Feb 2024 | monthly | Jan 2012 - Feb 2024 |
| General Govt Revenue: Cons: Taxes (EUR) | 121,308,599.170 Feb 2024 | monthly | Jan 2012 - Feb 2024 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 81,980,319.980 Feb 2024 | monthly | Jan 2012 - Feb 2024 |
| General Govt Expenditure: Cons: ow Current (EUR) | 204,638,222.040 Feb 2024 | monthly | Jan 2012 - Feb 2024 |
| Gross General Government Debt: Domestic (EUR mn) | 382.470 Jun 2022 | monthly | Dec 2010 - Jun 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -280.4 Dec 2023 | monthly | Jan 2005 - Dec 2023 |
| Total Exports (USD mn) | 42.2 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Total Exports Growth (%) | -25.3 Dec 2023 | monthly | Jan 2006 - Dec 2023 |
| Aluminum: Exports (USD th) | 180,096.808 2022 | yearly | 2008 - 2022 |
| Exports: Medicament (USD th) | 34,801.190 2022 | yearly | 2008 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 28.151 2022 | yearly | 2008 - 2022 |
| Total Imports (USD mn) | 368.3 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Total Imports Growth (%) | 7.0 Dec 2023 | monthly | Jan 2006 - Dec 2023 |
| Imports: Medicament (USD th) | 116,265.339 2022 | yearly | 2008 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 45,821.508 2022 | yearly | 2008 - 2022 |
| Total Exports to USA (USD mn) | 0.202 Feb 2024 | monthly | Jan 2010 - Feb 2024 |
| Total Imports from USA (USD mn) | 3.134 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Total Exports to China (USD mn) | 3.786 Feb 2024 | monthly | Jan 2010 - Feb 2024 |
| Total Imports from China (USD mn) | 43.862 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Exports (EUR th) | 39,512.254 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Exports: Machinery & Transport Equipment (EUR th) | 20,442.833 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 11,409.210 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Manufactured Goods (EUR th) | 10,205.156 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Food & Live Animals (EUR th) | 3,589.306 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Crude Materials: excl Fuels (EUR th) | 9,713.931 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 17,885.372 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 3,646.741 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 42,690.952 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Food & Live Animals (EUR th) | 55,315.303 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Manufactured Goods (EUR th) | 52,319.526 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports (EUR th) | 345,099.221 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Imports: Machinery & Transport Equipment (EUR th) | 82,421.680 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 25,790.103 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 47,843.029 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Europe: EU-28: Greece (EUR th) | 16,962.572 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 27.0 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Current Account Balance (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Current Account Balance: % of GDP (%) | -24.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 150.7 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 8.0 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | 2.789 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 0.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 119.2 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 31.320 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| External Debt (USD mn) | 8,815.2 2022 | yearly | 2006 - 2022 |
| 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) | -1.297 2028 | yearly | 2001 - 2028 |
| 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 |
| Balance of Payments (BoP): Current Account and Capital Account (EUR th) | -374,597.413 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Gross General Government External Debt (EUR mn) | 3,613.400 Jun 2023 | monthly | Dec 2010 - Jun 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.2 Jul 2023 | monthly | Aug 2010 - Jul 2023 |
| Household Debt: % of GDP (%) | 24.7 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Non-Performing Loans (USD mn) | 218.559 Nov 2022 | monthly | Dec 2010 - Nov 2022 |
| M2 Growth (%) | 22.9 2022 | yearly | 2003 - 2022 |
| Reserve Requirement Ratio (%) | 5.5 Feb 2024 | monthly | Jan 2002 - Feb 2024 |
| Foreign Exchange Reserves (USD mn) | 1,246.2 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 19.669 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.8 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Gold Reserves (USD mn) | 0.000 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Total Deposits (USD mn) | 5,833.846 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| Total Deposits Growth (%) | 3.2 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| Domestic Credit (USD mn) | 3,867.8 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Domestic Credit Growth (%) | 7.7 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Household Debt (USD mn) | 1,858.0 Feb 2024 | monthly | Dec 2004 - Feb 2024 |
| Total Loans (USD mn) | 4,500.728 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| Total Loans Growth (%) | 9.31 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 43.41 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| 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 |
More Indicators for Montenegro
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Demographic and Labour Market
Demographic Projection
Employment
Labour Force
Labour Force, Employment and Unemployment: Annual
Labour Force Survey: Activity Rate and Inactive Population
Labour Force Survey: Labour Force
Population and Urbanization Statistics
Social: Education Statistics
Wages, Labour Cost and Employment Index: Annual
Average Gross and Net Monthly Wages
Education Statistics
Employment and Unemployment
Labour Force, Employment and Unemployment
Labour Force, Employment and Unemployment: Quarterly
Labour Force Survey: Employment and Employment Rate
Labour Force Survey: Unemployment and Unemployment Rate
Population: Annual
Social Protection