Montenegro Unemployment Rate

2008 - 2024 | Quarterly | % | Statistical Office of Montenegro

Key information about Montenegro Unemployment Rate

  • Montenegro Unemployment Rate dropped to 11.00% in Sep 2024, from the previously reported figure of 11.40% in Jun 2024.
  • Montenegro Unemployment Rate is updated quarterly, available from Mar 2008 to Sep 2024, with an average rate of 17.50%.
  • The data reached an all-time high of 21.54% in Mar 2013 and a record low of 11.00% in Sep 2024.
  • 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 Sep 2024 in the chart:

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Montenegro Unemployment Rate
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Montenegro Unemployment Rate

What was Montenegro's Unemployment Rate in Sep 2024?

Montenegro Unemployment Rate dropped to 11.00% in Sep 2024, from the previously reported figure of 11.40% in Jun 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
11.00 Sep 2024 11.40 Jun 2024 11.00 Sep 2024 21.54 Mar 2013 % quarterly Mar 2008 - Sep 2024

Unemployment Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 8.76 Dec 2024 quarterly Mar 2012 - Dec 2024
Algeria (%) 11.40 Jun 2019 quarterly Mar 2014 - Jun 2019
Argentina (%) 6.90 Mar 2023 quarterly Jun 1990 - Mar 2023
Armenia (%) 13.30 Sep 2024 quarterly Mar 2008 - Sep 2024
Australia (%) 4.11 Jan 2025 monthly Feb 1978 - Jan 2025
Austria (%) 5.50 Jan 2025 monthly Jan 1993 - Jan 2025
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 Jan 2025 monthly Oct 2004 - Jan 2025
Belgium (%) 5.80 Jan 2025 monthly Jan 1983 - Jan 2025
Bolivia (%) 2.70 Sep 2024 quarterly Dec 2015 - Sep 2024
Bosnia and Herzegovina (%) 13.17 2023 yearly 2006 - 2023
Botswana (%) 20.68 2022 yearly 1991 - 2022
Brazil (%) 6.50 Jan 2025 monthly Mar 2012 - Jan 2025
Brunei (%) 4.80 2024 yearly 1981 - 2024
Bulgaria (%) 3.80 Dec 2024 quarterly Mar 2000 - Dec 2024
Cambodia (%) 2.40 2020 yearly 2020 - 2020
Canada (%) 6.60 Feb 2025 monthly Jan 1976 - Feb 2025
Chile (%) 8.02 Jan 2025 monthly Mar 2009 - Jan 2025
China (%) 5.10 Dec 2024 quarterly Mar 2017 - Dec 2024
Colombia (%) 11.64 Jan 2025 monthly Jan 2001 - Jan 2025
Croatia (%) 6.80 Dec 2022 quarterly Mar 1998 - Dec 2022
Cyprus (%) 5.00 Jan 2025 monthly Jan 2000 - Jan 2025
Czech Republic (%) 2.68 Jan 2025 monthly Jan 1993 - Jan 2025
Denmark (%) 4.90 Apr 2023 monthly Jan 2007 - Apr 2023
Ecuador (%) 3.38 Dec 2024 quarterly Dec 2013 - Dec 2024
Egypt (%) 6.70 Sep 2024 quarterly Mar 2003 - Sep 2024
Estonia (%) 5.30 Mar 2023 quarterly Mar 1997 - Mar 2023
European Union (%) 5.80 Jan 2025 monthly Jan 2000 - Jan 2025
Finland (%) 6.90 Apr 2023 monthly Jan 1988 - Apr 2023
France (%) 7.20 Jun 2023 quarterly Mar 1975 - Jun 2023
Georgia (%) 16.40 2023 yearly 1991 - 2023
Germany (%) 3.50 Jan 2025 monthly Jan 1991 - Jan 2025
Ghana (%) 3.56 2023 yearly 1991 - 2023
Greece (%) 11.20 Apr 2023 monthly Apr 1998 - Apr 2023
Hong Kong SAR, China (%) 3.10 Jan 2025 monthly Oct 1981 - Jan 2025
Hungary (%) 4.34 Jan 2025 monthly Jan 2000 - Jan 2025
Iceland (%) 3.35 Dec 2024 monthly Jan 2003 - Dec 2024
India (%) 7.11 2020 yearly 1991 - 2020
Indonesia (%) 4.91 2024 yearly 1984 - 2024
Iran (%) 9.40 Mar 2022 quarterly Jun 2001 - Mar 2022
Ireland (%) 4.10 Jul 2023 monthly Jan 1998 - Jul 2023
Israel (%) 2.61 Jan 2025 monthly Jan 2012 - Jan 2025
Italy (%) 6.28 Jan 2025 monthly Jan 1983 - Jan 2025
Ivory Coast (%) 3.50 2020 yearly 1991 - 2020
Japan (%) 2.50 Jan 2025 monthly Jan 1953 - Jan 2025
Jordan (%) 21.30 Nov 2024 quarterly Feb 2000 - Nov 2024
Kazakhstan (%) 4.60 Jan 2025 monthly Jan 2001 - Jan 2025
Kenya (%) 2.98 2020 yearly 1991 - 2020
South Korea (%) 2.70 Feb 2025 monthly Jun 1999 - Feb 2025
Kosovo (%) 10.70 Dec 2023 quarterly Mar 2016 - Dec 2023
Kuwait (%) 0.93 2021 yearly 1999 - 2021
Kyrgyzstan (%) 4.10 2023 yearly 1992 - 2023
Laos (%) 0.95 2020 yearly 1991 - 2020
Latvia (%) 6.90 Jan 2025 monthly Jan 1998 - Jan 2025
Lebanon (%) 29.56 2021 yearly 2004 - 2021
Lithuania (%) 6.60 Jan 2025 monthly Jan 1998 - Jan 2025
Luxembourg (%) 5.85 Jan 2025 monthly Jan 1995 - Jan 2025
Macau SAR, China (%) 1.60 Jan 2025 monthly Sep 1996 - Jan 2025
North Macedonia (%) 11.90 Dec 2024 quarterly Mar 2023 - Dec 2024
Malawi (%) 6.60 2013 yearly 2005 - 2013
Malaysia (%) 3.10 Jan 2025 monthly Jan 2010 - Jan 2025
Malta (%) 2.29 Dec 2024 quarterly Mar 2018 - Dec 2024
Mauritius (%) 7.10 Mar 2020 quarterly Mar 2004 - Mar 2020
Mexico (%) 2.61 Jan 2025 monthly Jan 2005 - Jan 2025
Moldova (%) 5.55 Mar 2023 quarterly Mar 1999 - Mar 2023
Mongolia (%) 5.30 Dec 2024 quarterly Sep 2006 - Dec 2024
Montenegro (%) 11.00 Sep 2024 quarterly Mar 2008 - Sep 2024
Morocco (%) 13.60 Sep 2024 quarterly Mar 1999 - Sep 2024
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 (%) 5.10 Dec 2024 quarterly Mar 1986 - Dec 2024
Nigeria (%) 4.10 Mar 2023 quarterly Dec 2022 - Mar 2023
Norway (%) 3.90 Dec 2024 monthly Jan 1989 - Dec 2024
Oman (%) 3.60 Jan 2025 monthly Mar 2018 - Jan 2025
Pakistan (%) 6.30 2021 yearly 1980 - 2021
Palestinian Territory (%) 31.10 Jun 2024 quarterly Mar 2000 - Jun 2024
Panama (%) 9.50 2024 yearly 2003 - 2024
Paraguay (%) 4.55 Dec 2024 quarterly Mar 2017 - Dec 2024
Peru (%) 6.15 Jan 2025 monthly Mar 2001 - Jan 2025
Philippines (%) 4.50 Apr 2023 quarterly Jul 1982 - Apr 2023
Poland (%) 5.40 Jan 2025 monthly Jan 1990 - Jan 2025
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 (%) 2.40 Jul 2024 monthly Jan 1994 - Jul 2024
Saudi Arabia (%) 3.73 Sep 2024 quarterly Mar 2012 - Sep 2024
Serbia (%) 8.10 Sep 2024 quarterly Mar 2014 - Sep 2024
Singapore (%) 1.90 May 2023 monthly Mar 2020 - May 2023
Slovakia (%) 5.09 Jan 2025 monthly Jan 2006 - Jan 2025
Slovenia (%) 3.50 Dec 2024 quarterly Jun 1997 - Dec 2024
South Africa (%) 32.10 Sep 2024 quarterly Mar 2008 - Sep 2024
Spain (%) 10.61 Dec 2024 quarterly Mar 2021 - Dec 2024
Sri Lanka (%) 4.10 Sep 2024 quarterly Mar 2004 - Sep 2024
Sudan (%) 20.30 2010 yearly 1993 - 2010
Sweden (%) 7.22 Apr 2023 monthly Jan 1983 - Apr 2023
Switzerland (%) 4.44 Dec 2024 monthly Jan 1991 - Dec 2024

Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.9 Dec 2024 quarterly Dec 2012 - Dec 2024
Consolidated Fiscal Balance (USD mn) 2.142 Jan 2025 monthly Jan 2012 - Jan 2025
Tax Revenue (USD mn) 137.427 Jan 2025 monthly Jan 2012 - Jan 2025
Tax Revenue: % of GDP (%) 24.9 Dec 2024 quarterly Mar 2012 - Dec 2024
National Government Debt (USD mn) 4,906.6 Sep 2024 monthly Dec 2010 - Sep 2024
Government Debt: % of GDP (%) 59.8 Sep 2024 quarterly Dec 2010 - Sep 2024
Forecast: Government Expenditure (EUR bn) 4.457 2029 yearly 2002 - 2029
Forecast: Government Net Debt (EUR bn) 6.678 2029 yearly 2002 - 2029
Forecast: Government Revenue (EUR bn) 3.919 2029 yearly 2002 - 2029
General Govt Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 96,606,704.820 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Consolidated (EUR) 154,176,756.440 Jan 2025 monthly Jan 2012 - Jan 2025
General Government Revenue: Consolidated (EUR) 156,245,213.220 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Balance: Consolidated: Deficit or Surplus (EUR) 2,068,456.780 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes (EUR) 132,702,629.510 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Cons: ow Current (EUR) 154,050,948.920 Jan 2025 monthly Jan 2012 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -202.9 Jan 2025 monthly Jan 2005 - Jan 2025
Total Exports (USD mn) 44.8 Jan 2025 monthly Jan 2005 - Jan 2025
Total Exports Growth (%) -6.4 Jan 2025 monthly Jan 2006 - Jan 2025
Aluminum: Exports (USD th) 77,568.321 2023 yearly 2008 - 2023
Exports: Medicament (USD th) 44,798.671 2023 yearly 2008 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 633.030 2023 yearly 2008 - 2023
Total Imports (USD mn) 247.7 Jan 2025 monthly Jan 2005 - Jan 2025
Total Imports Growth (%) 4.5 Jan 2025 monthly Jan 2006 - Jan 2025
Imports: Medicament (USD th) 145,430.350 2023 yearly 2008 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 61,662.231 2023 yearly 2008 - 2023
Total Exports to USA (USD mn) 0.326 Jan 2025 monthly Jan 2010 - Jan 2025
Total Imports from USA (USD mn) 2.017 Jan 2025 monthly Jan 2006 - Jan 2025
Total Exports to China (USD mn) 3.566 Jan 2025 monthly Jan 2010 - Jan 2025
Total Imports from China (USD mn) 34.395 Jan 2025 monthly Jan 2006 - Jan 2025
Imports (EUR th) 239,198.143 Jan 2025 monthly Jan 2005 - Jan 2025
Exports (EUR th) 43,261.759 Jan 2025 monthly Jan 2005 - Jan 2025
Exports: Crude Materials: excl Fuels (EUR th) 8,770.757 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Food & Live Animals (EUR th) 3,441.716 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Manufactured Goods (EUR th) 2,535.662 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Machinery & Transport Equipment (EUR th) 4,114.756 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 17,843.445 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: CEFTA: Serbia (EUR th) 9,140.412 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: EU-28: Slovenia (EUR th) 2,689.830 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 31,422.492 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Manufactured Goods (EUR th) 33,949.824 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Food & Live Animals (EUR th) 45,073.913 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 25,395.451 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Machinery & Transport Equipment (EUR th) 59,371.661 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: CEFTA: Serbia (EUR th) 39,313.863 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: EU-28: Greece (EUR th) 15,355.588 Jan 2025 monthly Mar 2009 - Jan 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 12.7 Dec 2024 quarterly Mar 2005 - Dec 2024
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) -27.0 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Direct Investment (USD mn) 138.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Direct Investment: % of GDP (%) 6.8 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Portfolio Investment (USD mn) -35.868 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -1.8 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 137.6 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 17.205 Sep 2024 quarterly Mar 2007 - Sep 2024
External Debt (USD mn) 8,616.5 2023 yearly 2006 - 2023
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) -1.492 2029 yearly 2001 - 2029
BoP: Current Account: Goods: Export (EUR th) 120,372.138 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
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
Gross General Government External Debt (EUR mn) 4,046.072 Sep 2024 monthly Dec 2010 - Sep 2024
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 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: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 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 (%) 26.4 Dec 2024 quarterly Dec 2010 - Dec 2024
Non-Performing Loans (USD mn) 218.559 Nov 2022 monthly Dec 2010 - Nov 2022
M2 Growth (%) 12.0 2023 yearly 2003 - 2023
Reserve Requirement Ratio (%) 5.5 Feb 2025 monthly Jan 2002 - Feb 2025
Foreign Exchange Reserves (USD mn) 1,395.0 Jan 2025 monthly Dec 2002 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 20.204 Dec 2024 quarterly Dec 2010 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 5.6 Jan 2025 monthly Jan 2005 - Jan 2025
Gold Reserves (USD mn) 0.000 Jan 2025 monthly Dec 2002 - Jan 2025
Total Deposits (USD mn) 5,942.815 Jan 2025 monthly Jan 2003 - Jan 2025
Total Deposits Growth (%) 5.9 Jan 2025 monthly Jan 2004 - Jan 2025
Domestic Credit (USD mn) 3,817.3 Jan 2025 monthly Jan 2005 - Jan 2025
Domestic Credit Growth (%) 4.2 Jan 2025 monthly Jan 2006 - Jan 2025
Household Debt (USD mn) 2,075.8 Jan 2025 monthly Dec 2004 - Jan 2025
Total Loans (USD mn) 4,915.298 Jan 2025 monthly Jan 2003 - Jan 2025
Total Loans Growth (%) 13.28 Jan 2025 monthly Jan 2004 - Jan 2025
Private Debt: % of Nominal GDP (%) 46.08 Dec 2024 quarterly Dec 2010 - Dec 2024
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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