Montenegro Unemployment Rate

2008 - 2022 | Quarterly | % | Statistical Office of Montenegro

Key information about Montenegro Unemployment Rate

  • Montenegro Unemployment Rate increased to 16.80% in Mar 2022, from the previously reported figure of 15.40% in Dec 2021.
  • Montenegro Unemployment Rate is updated quarterly, available from Mar 2008 to Mar 2022, with an average rate of 18.00%.
  • 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 2021.


View Montenegro's Unemployment Rate from Mar 2008 to Mar 2022 in the chart:

Montenegro Unemployment Rate

What was Montenegro's Unemployment Rate in Mar 2022?

Montenegro Unemployment Rate increased to 16.80% in Mar 2022, from the previously reported figure of 15.40% in Dec 2021. See the table below for more data.

Last Previous Min Max Unit Frequency Range
16.80 Mar 2022 15.40 Dec 2021 14.10 Sep 2018 21.54 Mar 2013 % quarterly Mar 2008 - Mar 2022

Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Albania (%) 11.30 Mar 2022 quarterly Mar 2012 - Mar 2022
Algeria (%) 11.71 Sep 2017 quarterly Mar 2014 - Sep 2017
Argentina (%) 7.00 Mar 2022 quarterly Jun 1990 - Mar 2022
Armenia (%) 14.50 Dec 2021 quarterly Mar 2008 - Dec 2021
Australia (%) 3.90 May 2022 monthly Feb 1978 - May 2022
Austria (%) 4.76 May 2022 monthly Jan 1993 - May 2022
Azerbaijan (%) 5.94 Mar 2022 quarterly Mar 2008 - Mar 2022
Bahrain (%) 4.30 2016 yearly 1991 - 2016
Bangladesh (%) 5.30 2020 yearly 1991 - 2020
Belarus (%) 0.20 Feb 2022 monthly Oct 2004 - Feb 2022
Belgium (%) 5.70 Apr 2022 monthly Jan 1983 - Apr 2022
Bolivia (%) 3.40 2017 yearly 1999 - 2017
Bosnia and Herzegovina (%) 17.41 2021 yearly 2006 - 2021
Botswana (%) 24.72 2021 yearly 1991 - 2021
Brazil (%) 9.80 May 2022 monthly Mar 2012 - May 2022
Brunei (%) 7.65 2021 yearly 1991 - 2021
Bulgaria (%) 4.90 Mar 2022 quarterly Mar 2000 - Mar 2022
Cambodia (%) 2.40 2020 yearly 2020 - 2020
Canada (%) 5.10 May 2022 monthly Jan 1976 - May 2022
Chile (%) 7.80 May 2022 monthly Mar 2009 - May 2022
China (%) 5.80 Mar 2022 quarterly Mar 2017 - Mar 2022
Colombia (%) 12.12 Mar 2022 monthly Jan 2021 - Mar 2022
Croatia (%) 7.10 Mar 2022 quarterly Mar 1998 - Mar 2022
Cyprus (%) 4.80 May 2022 monthly Jan 2000 - May 2022
Czech Republic (%) 2.50 May 2022 monthly Jan 1993 - May 2022
Denmark (%) 5.10 Dec 2021 monthly Jan 2007 - Dec 2021
Ecuador (%) 4.78 Mar 2022 quarterly Dec 2013 - Mar 2022
Egypt (%) 7.20 Mar 2022 quarterly Mar 2003 - Mar 2022
Estonia (%) 5.50 Mar 2022 quarterly Mar 1997 - Mar 2022
European Union (%) 6.10 May 2022 monthly Jan 2000 - May 2022
Finland (%) 6.20 May 2022 monthly Jan 1988 - May 2022
France (%) 7.30 Mar 2022 quarterly Mar 1975 - Mar 2022
Georgia (%) 20.62 2021 yearly 1991 - 2021
Germany (%) 2.80 May 2022 monthly Jan 1991 - May 2022
Ghana (%) 4.70 2021 yearly 1991 - 2021
Greece (%) 12.50 Apr 2022 monthly Apr 1998 - Apr 2022
Hong Kong SAR, China (%) 5.10 May 2022 monthly Oct 1981 - May 2022
Hungary (%) 3.50 Apr 2022 monthly Jan 2000 - Apr 2022
Iceland (%) 3.50 May 2022 monthly Jan 2003 - May 2022
India (%) 7.11 2020 yearly 1991 - 2020
Indonesia (%) 6.49 2021 yearly 1984 - 2021
Iran (%) 8.90 Dec 2021 quarterly Jun 2001 - Dec 2021
Ireland (%) 4.70 May 2022 monthly Jan 1998 - May 2022
Israel (%) 3.74 May 2022 monthly Jan 2012 - May 2022
Italy (%) 8.14 May 2022 monthly Jan 1983 - May 2022
Ivory Coast (%) 3.50 2020 yearly 1991 - 2020
Japan (%) 2.60 May 2022 monthly Jan 1953 - May 2022
Jordan (%) 22.80 Feb 2022 quarterly Feb 2000 - Feb 2022
Kazakhstan (%) 4.90 Apr 2022 monthly Jan 2001 - Apr 2022
Kenya (%) 2.98 2020 yearly 1991 - 2020
South Korea (%) 2.80 May 2022 monthly Jun 1999 - May 2022
Kosovo (%) 25.80 Mar 2021 quarterly Mar 2016 - Mar 2021
Kuwait (%) 2.09 2018 yearly 1999 - 2018
Kyrgyzstan (%) 5.80 2020 yearly 1992 - 2020
Laos (%) 0.95 2020 yearly 1991 - 2020
Latvia (%) 6.50 May 2022 monthly Jan 1998 - May 2022
Lebanon (%) 29.56 2021 yearly 2004 - 2021
Lithuania (%) 6.20 Apr 2022 monthly Jan 1998 - Apr 2022
Luxembourg (%) 4.64 May 2022 monthly Jan 1995 - May 2022
Macau SAR, China (%) 3.40 May 2022 monthly Sep 1996 - May 2022
North Macedonia (%) 14.80 Mar 2022 quarterly Mar 2004 - Mar 2022
Malawi (%) 6.60 2013 yearly 2005 - 2013
Malaysia (%) 3.90 Apr 2022 monthly Jan 2010 - Apr 2022
Malta (%) 3.22 Mar 2022 quarterly Dec 2000 - Mar 2022
Mauritius (%) 7.10 Mar 2020 quarterly Mar 2004 - Mar 2020
Mexico (%) 3.09 Apr 2022 monthly Jan 2005 - Apr 2022
Moldova (%) 3.01 Mar 2022 quarterly Mar 1999 - Mar 2022
Mongolia (%) 8.50 Mar 2022 quarterly Sep 2006 - Mar 2022
Montenegro (%) 16.80 Mar 2022 quarterly Mar 2008 - Mar 2022
Morocco (%) 12.10 Mar 2022 quarterly Mar 1999 - Mar 2022
Mozambique (%) 3.98 2021 yearly 1991 - 2021
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 (%) 3.20 Mar 2022 quarterly Mar 1986 - Mar 2022
Nigeria (%) 33.28 Dec 2020 quarterly Mar 2012 - Dec 2020
Norway (%) 2.90 Mar 2022 monthly Jan 1989 - Mar 2022
Oman (%) 2.10 May 2022 monthly Mar 2018 - May 2022
Pakistan (%) 6.30 2021 yearly 1980 - 2021
Palestinian Territory (%) 25.40 Mar 2022 quarterly Mar 2000 - Mar 2022
Panama (%) 11.30 2021 yearly 2003 - 2021
Paraguay (%) 8.47 Mar 2022 quarterly Mar 2017 - Mar 2022
Peru (%) 7.21 May 2022 monthly Mar 2001 - May 2022
Philippines (%) 5.70 Apr 2022 quarterly Jul 1982 - Apr 2022
Poland (%) 5.10 May 2022 monthly Jan 1990 - May 2022
Portugal (%) 7.20 Jan 2021 monthly Feb 1998 - Jan 2021
Qatar (%) 0.10 2019 yearly 1997 - 2019
Romania (%) 5.40 May 2022 monthly Jan 2004 - May 2022
Russia (%) 4.25 Dec 2021 monthly Jan 1994 - Dec 2021
Saudi Arabia (%) 6.01 Mar 2022 quarterly Mar 2012 - Mar 2022
Serbia (%) 10.60 Mar 2022 quarterly Mar 2014 - Mar 2022
Singapore (%) 2.20 Apr 2022 monthly Mar 2020 - Apr 2022
Slovakia (%) 6.35 May 2022 monthly Jan 2006 - May 2022
Slovenia (%) 4.30 Mar 2022 quarterly Jun 1997 - Mar 2022
South Africa (%) 34.50 Mar 2022 quarterly Mar 2008 - Mar 2022
Spain (%) 13.65 Mar 2022 quarterly Sep 1976 - Mar 2022
Sri Lanka (%) 4.30 Mar 2022 quarterly Jun 2012 - Mar 2022
Sudan (%) 20.30 2010 yearly 1993 - 2010
Sweden (%) 7.66 May 2022 monthly Jan 1983 - May 2022
Switzerland (%) 4.56 Mar 2022 monthly Jan 1991 - Mar 2022

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Montenegro Key Series

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Includes 199 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 (%) -0.4 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 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
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 (EUR) 133,978,505.540 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 Balance: Consolidated: Deficit or Surplus (EUR) -14,322,773.140 Apr 2022 monthly Jan 2012 - Apr 2022
Gross General Government Debt: Domestic (EUR mn) 393.210 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 External Debt (EUR mn) 3,671.190 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
Exports (EUR th) 57,558.299 May 2022 monthly Jan 2005 - May 2022
Imports (EUR th) 286,165.952 May 2022 monthly Jan 2005 - May 2022
Exports: Manufactured Goods (EUR th) 17,980.124 May 2022 monthly Mar 2009 - May 2022
Exports: Food & Live Animals (EUR th) 2,443.298 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: Machinery & Transport Equipment (EUR th) 7,342.388 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: Europe: CEFTA: Serbia (EUR th) 9,884.829 May 2022 monthly Mar 2009 - May 2022
Exports: Europe: EU-28: Slovenia (EUR th) 7,372.190 May 2022 monthly Mar 2009 - May 2022
Imports: Miscellaneous Manufactured Goods (EUR th) 36,707.423 Apr 2022 monthly Mar 2009 - Apr 2022
Imports: Food & Live Animals (EUR th) 53,149.186 May 2022 monthly Mar 2009 - May 2022
Imports: Manufactured Goods (EUR th) 56,212.500 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: 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: 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
BoP: Current Account: Goods: Import (EUR th) 645,611.036 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Current Account: Goods: Export (EUR th) 120,372.138 Dec 2018 quarterly Mar 2010 - Dec 2018
Foreign Direct Investment: Flow: Russian Federation (EUR) 164,526,989.970 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: Slovenia (EUR) 10,149,239.710 2021 yearly 2001 - 2021
Foreign Direct Investment: Flow: Italy (EUR) 89,717,483.530 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: 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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