Montenegro Labour Productivity Growth
2009 - 2025 | Quarterly | % | CEIC Data
Key information about Montenegro Labour Productivity Growth
- Montenegro Labour Productivity dropped by 3.97 % YoY in Sep 2025, compared with a growth of 5.12 % in the previous quarter
- Montenegro Labour Productivity Growth data is updated quarterly, available from Mar 2009 to Sep 2025, averaging at 0.49 %
- The data reached an all-time high of 42.80 % in Jun 2021 and a record low of -14.69 % in Jun 2022
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 2024
- Its Unemployment Rate dropped to 10.10 % in Sep 2025
- Monthly Earnings of Montenegro stood at 1,428.62 USD in Dec 2025
- The country's Labour Force Participation Rate increased to 62.00 % in Sep 2025
View Montenegro's Labour Productivity Growth from Mar 2009 to Sep 2025 in the chart:
What was Montenegro's Labour Productivity Growth in Sep 2025?
Montenegro Labour Productivity dropped by 3.97 % YoY in Sep 2025, compared with a growth of 5.12 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.97 Sep 2025 | 5.12 Jun 2025 | -14.69 Jun 2022 | 42.80 Jun 2021 | % | quarterly | Mar 2009 - Sep 2025 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.32 Sep 2025 | quarterly | Jun 1997 - Sep 2025 |
| Algeria (%) | 2.67 2024 | yearly | 1992 - 2024 |
| Argentina (%) | 2.32 2024 | yearly | 1992 - 2024 |
| Armenia (%) | 6.33 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| Australia (%) | 1.41 Dec 2025 | quarterly | Jun 1979 - Dec 2025 |
| Austria (%) | 0.85 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Azerbaijan (%) | -0.08 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| Bahrain (%) | -3.79 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 6.19 2024 | yearly | 1992 - 2024 |
| Belarus (%) | -0.49 Sep 2025 | quarterly | Mar 2006 - Sep 2025 |
| Belgium (%) | -0.08 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Bolivia (%) | -2.79 2024 | yearly | 2000 - 2024 |
| Bosnia and Herzegovina (%) | -0.03 2024 | yearly | 2007 - 2024 |
| Botswana (%) | 7.44 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 0.48 2025 | yearly | 1992 - 2025 |
| Brunei (%) | 1.26 2024 | yearly | 1992 - 2024 |
| Bulgaria (%) | 0.72 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
| Canada (%) | -0.22 Dec 2025 | quarterly | Mar 1977 - Dec 2025 |
| Chile (%) | 0.40 Sep 2025 | quarterly | Mar 1987 - Sep 2025 |
| China (%) | 5.84 2024 | yearly | 1953 - 2024 |
| Colombia (%) | -1.33 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Croatia (%) | 0.67 Sep 2025 | quarterly | Mar 2008 - Sep 2025 |
| Cyprus (%) | 0.56 Dec 2025 | quarterly | Jun 2005 - Dec 2025 |
| Czech Republic (%) | 0.99 Dec 2025 | quarterly | Mar 1997 - Dec 2025 |
| Denmark (%) | 2.01 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Ecuador (%) | -2.72 2024 | yearly | 1992 - 2024 |
| Egypt (%) | -2.61 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Estonia (%) | 1.84 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| European Union (%) | 0.88 Sep 2025 | quarterly | Mar 2006 - Sep 2025 |
| Finland (%) | 0.22 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| France (%) | 0.44 2024 | yearly | 1979 - 2024 |
| Georgia (%) | 4.37 2024 | yearly | 1997 - 2024 |
| Germany (%) | 0.70 Dec 2025 | quarterly | Mar 1992 - Dec 2025 |
| Ghana (%) | 3.06 2024 | yearly | 1992 - 2024 |
| Greece (%) | 1.63 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Hong Kong SAR, China (%) | 4.38 Dec 2025 | quarterly | Dec 1982 - Dec 2025 |
| Hungary (%) | 1.77 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Iceland (%) | 0.27 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| India (%) | 3.39 2023 | yearly | 1992 - 2023 |
| Indonesia (%) | 3.75 2025 | yearly | 2001 - 2025 |
| Iran (%) | 2.69 2024 | yearly | 1992 - 2024 |
| Ireland (%) | 0.13 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Israel (%) | 1.97 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| Italy (%) | -0.39 Dec 2025 | quarterly | Mar 1997 - Dec 2025 |
| Ivory Coast (%) | 2.80 2024 | yearly | 1992 - 2024 |
| Japan (%) | -0.19 Dec 2025 | quarterly | Mar 1969 - Dec 2025 |
| Jordan (%) | 2.69 2023 | yearly | 2001 - 2023 |
| Kazakhstan (%) | 4.61 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Kenya (%) | 1.38 2024 | yearly | 2011 - 2024 |
| South Korea (%) | 0.89 Dec 2025 | quarterly | Sep 1983 - Dec 2025 |
| Kosovo (%) | 10.87 Dec 2024 | quarterly | Mar 2017 - Dec 2024 |
| Kuwait (%) | -4.93 2024 | yearly | 1992 - 2024 |
| Kyrgyzstan (%) | 5.09 2024 | yearly | 1993 - 2024 |
| Laos (%) | 2.19 2024 | yearly | 1992 - 2024 |
| Latvia (%) | -0.20 Dec 2025 | quarterly | Mar 2003 - Dec 2025 |
| Lebanon (%) | -2.08 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | 5.09 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Luxembourg (%) | 0.68 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Macau SAR, China (%) | 7.30 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| North Macedonia (%) | 4.21 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Malawi (%) | -1.78 2024 | yearly | 1992 - 2024 |
| Malaysia (%) | 2.96 Dec 2025 | quarterly | Mar 2001 - Dec 2025 |
| Malta (%) | -1.03 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Mauritius (%) | 4.82 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Mexico (%) | 1.28 Dec 2025 | quarterly | Jun 1996 - Dec 2025 |
| Moldova (%) | 7.83 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Mongolia (%) | 6.70 Dec 2025 | quarterly | Sep 2007 - Dec 2025 |
| Montenegro (%) | 3.97 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| Morocco (%) | 3.00 2024 | yearly | 2000 - 2024 |
| Mozambique (%) | -1.24 2024 | yearly | 1992 - 2024 |
| Myanmar (%) | -4.00 2023 | yearly | 1992 - 2023 |
| Nepal (%) | 3.65 2024 | yearly | 1992 - 2024 |
| Netherlands (%) | 1.55 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| New Zealand (%) | 2.53 Sep 2025 | quarterly | Jun 1988 - Sep 2025 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | 1.59 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Oman (%) | 2.12 2024 | yearly | 1999 - 2024 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | -0.65 Jun 2025 | quarterly | Dec 2009 - Jun 2025 |
| Panama (%) | 1.22 2024 | yearly | 1992 - 2024 |
| Paraguay (%) | 1.74 Sep 2025 | quarterly | Mar 2018 - Sep 2025 |
| Peru (%) | 0.56 2023 | yearly | 2002 - 2023 |
| Philippines (%) | 3.78 2024 | yearly | 1992 - 2024 |
| Poland (%) | 3.27 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Portugal (%) | -0.94 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Qatar (%) | -0.14 2024 | yearly | 2012 - 2024 |
| Romania (%) | 1.22 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Russia (%) | 0.13 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Saudi Arabia (%) | -7.72 2024 | yearly | 1971 - 2024 |
| Serbia (%) | 4.59 Dec 2025 | quarterly | Mar 2015 - Dec 2025 |
| Singapore (%) | 5.10 Dec 2025 | quarterly | Mar 1986 - Dec 2025 |
| Slovakia (%) | 1.33 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Slovenia (%) | 2.22 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| South Africa (%) | 1.40 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| Spain (%) | 0.37 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Sri Lanka (%) | 2.06 Sep 2025 | quarterly | Jun 2013 - Sep 2025 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 1.06 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| Switzerland (%) | 0.89 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.8 Dec 2025 | quarterly | Dec 2012 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -36.484 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Tax Revenue (USD mn) | 163.343 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Tax Revenue: % of GDP (%) | 26.9 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| National Government Debt (USD mn) | 5,521.7 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Government Debt: % of GDP (%) | 58.3 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Forecast: Government Expenditure (EUR bn) | 4.812 2030 | yearly | 2002 - 2030 |
| Forecast: Government Net Debt (EUR bn) | 6.956 2030 | yearly | 2002 - 2030 |
| Forecast: Government Revenue (EUR bn) | 4.350 2030 | yearly | 2002 - 2030 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 25,853,560.700 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Govt Revenue: Cons: Taxes (EUR) | 139,086,135.420 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 103,563,259.630 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Govt Expenditure: Cons: ow Current (EUR) | 177,546,489.210 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Govt Expenditure: Consolidated (EUR) | 196,128,203.010 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -31,066,313.940 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Government Revenue: Consolidated (EUR) | 165,061,889.070 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Gross General Government External Debt (EUR mn) | 4,417.700 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Gross General Government Debt (EUR mn) | 4,705.330 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Gross General Government Debt: Domestic (EUR mn) | 287.630 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -319.9 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Total Exports (USD mn) | 75.7 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Total Exports Growth (%) | -5.4 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Aluminum: Exports (USD th) | 41,867.902 2024 | yearly | 2008 - 2024 |
| Exports: Medicament (USD th) | 41,859.324 2024 | yearly | 2008 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 95.438 2024 | yearly | 2008 - 2024 |
| Total Imports (USD mn) | 459.2 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Total Imports Growth (%) | 10.0 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Imports: Medicament (USD th) | 161,040.012 2024 | yearly | 2008 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 69,267.944 2024 | yearly | 2008 - 2024 |
| Total Exports to USA (USD mn) | 0.000 Feb 2026 | monthly | Jan 2010 - Feb 2026 |
| Total Imports from USA (USD mn) | 4.082 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Total Exports to China (USD mn) | 0.000 Feb 2026 | monthly | Jan 2010 - Feb 2026 |
| Total Imports from China (USD mn) | 55.967 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 0.000 Feb 2026 | monthly | Mar 2009 - Feb 2026 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 0.000 Feb 2026 | monthly | Mar 2009 - Feb 2026 |
| Exports: Machinery & Transport Equipment (EUR th) | 2,172.918 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 9,960.554 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Exports: Manufactured Goods (EUR th) | 3,320.534 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Crude Materials: excl Fuels (EUR th) | 5,035.582 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Exports: Food & Live Animals (EUR th) | 6,643.392 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 33,474.996 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Europe: EU-28: Greece (EUR th) | 9,639.087 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Manufactured Goods (EUR th) | 26,771.292 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 57,667.797 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Food & Live Animals (EUR th) | 90,146.299 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Machinery & Transport Equipment (EUR th) | 48,077.802 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 22,778.762 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports (EUR th) | 392,140.299 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Exports (EUR th) | 64,607.450 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 21.8 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Current Account Balance (USD mn) | 69.2 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Current Account Balance: % of GDP (%) | -35.8 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Direct Investment (USD mn) | 213.3 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 9.0 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | -89.045 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -3.8 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 149.6 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 63.675 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| External Debt (USD mn) | 8,741.3 2024 | yearly | 2006 - 2024 |
| External Debt: % of GDP (%) | 105.7 2024 | yearly | 2006 - 2024 |
| External Debt: Short Term (USD mn) | 235.2 2024 | yearly | 2007 - 2024 |
| External Debt: Short Term: % of GDP (%) | 2.8 2024 | yearly | 2007 - 2024 |
| Forecast: Current Account Balance (USD bn) | -1.945 2030 | yearly | 2001 - 2030 |
| 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) | 9,478,424.000 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Italy (EUR) | 5,543,222.480 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 125,266,558.270 2023 | yearly | 2002 - 2023 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 112,506,571.770 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 65,139,405.970 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 (%) | 29.2 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Non-Performing Loans (USD mn) | 205.823 Jun 2024 | monthly | Dec 2010 - Jun 2024 |
| M2 Growth (%) | 9.9 2024 | yearly | 2003 - 2024 |
| Reserve Requirement Ratio (%) | 5.5 Jan 2026 | monthly | Jan 2002 - Jan 2026 |
| Foreign Exchange Reserves (USD mn) | 2,081.3 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 22.409 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.5 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Gold Reserves (USD mn) | 0.000 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Total Deposits (USD mn) | 7,089.612 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Total Deposits Growth (%) | 4.4 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Domestic Credit (USD mn) | 4,821.6 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Domestic Credit Growth (%) | 10.5 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Household Debt (USD mn) | 2,864.4 Jan 2026 | monthly | Dec 2004 - Jan 2026 |
| Total Loans (USD mn) | 6,331.566 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Total Loans Growth (%) | 12.72 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Private Debt: % of Nominal GDP (%) | 50.62 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| 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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