Montenegro Labour Force Participation Rate
2008 - 2024 | Quarterly | % | Statistical Office of Montenegro
Key information about Montenegro Labour Force Participation Rate
- Montenegro Labour Force Participation Rate increased to 64.5 % in Sep 2024, compared with 63.8 % in the previous quarter.
- Montenegro Labour Force Participation Rate is updated quarterly, available from Mar 2008 to Sep 2024, with an average rate of 53.5 % .
- The data reached the an all-time high of 66.5 % in Sep 2023 and a record low of 46.8 % in Jun 2021.
- Montenegro Labour Force Participation Rate is reported by reported by Statistical Office of Montenegro.
- In the latest reports, Montenegro Population reached 0.6 million people in Jun 2022.
- Unemployment Rate of Montenegro dropped to 11.0 % in Sep 2024.
- The country's Monthly Earnings stood at 1,238.8 USD in Oct 2024.
View Montenegro's Labour Force Participation Rate from Mar 2008 to Sep 2024 in the chart:
What was Montenegro's Labour Force Participation Rate in Sep 2024?
Montenegro Labour Force Participation Rate increased to 64.5 % in Sep 2024, compared with 63.8 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 64.5 Sep 2024 | 63.8 Jun 2024 | 46.8 Jun 2021 | 66.5 Sep 2023 | % | quarterly | Mar 2008 - Sep 2024 |
Labour Force Participation Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 63.9 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Algeria (%) | 41.7 2018 | yearly | 2003 - 2018 |
| Argentina (%) | 60.8 2023 | yearly | 1990 - 2023 |
| Armenia (%) | 60.4 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Australia (%) | 67.6 Dec 2024 | monthly | Feb 1978 - Dec 2024 |
| Austria (%) | 77.1 Jun 2022 | quarterly | Mar 2021 - Jun 2022 |
| Azerbaijan (%) | 70.2 2023 | yearly | 1990 - 2023 |
| Bahrain (%) | 71.9 2023 | yearly | 1990 - 2023 |
| Bangladesh (%) | 58.2 2023 | yearly | 1990 - 2023 |
| Belarus (%) | 86.8 2022 | yearly | 1995 - 2022 |
| Belgium (%) | 71.1 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Bolivia (%) | 77.7 Sep 2022 | quarterly | Dec 2015 - Sep 2022 |
| Bosnia and Herzegovina (%) | 47.8 2023 | yearly | 2006 - 2023 |
| Botswana (%) | 64.5 2023 | yearly | 1990 - 2023 |
| Brazil (%) | 62.6 Nov 2024 | monthly | Mar 2012 - Nov 2024 |
| Brunei (%) | 64.3 2023 | yearly | 1990 - 2023 |
| Bulgaria (%) | 55.5 Jun 2024 | quarterly | Jun 2000 - Jun 2024 |
| Cambodia (%) | 87.4 2020 | yearly | 2020 - 2020 |
| Canada (%) | 64.6 Dec 2024 | monthly | Jan 1976 - Dec 2024 |
| Chile (%) | 61.6 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| China (%) | 66.4 2023 | yearly | 1990 - 2023 |
| Colombia (%) | 63.9 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Croatia (%) | 54.1 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Cyprus (%) | 65.7 Sep 2024 | quarterly | Jun 1999 - Sep 2024 |
| Czech Republic (%) | 60.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Denmark (%) | 73.4 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Ecuador (%) | 65.5 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
| Egypt (%) | 43.4 2023 | yearly | 2009 - 2023 |
| Estonia (%) | 66.9 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| European Union (%) | 75.6 2022 | yearly | 1990 - 2022 |
| Finland (%) | 67.2 Nov 2024 | monthly | May 2004 - Nov 2024 |
| France (%) | 74.8 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Georgia (%) | 53.3 2023 | yearly | 1998 - 2023 |
| Germany (%) | 56.0 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Ghana (%) | 68.8 2023 | yearly | 1990 - 2023 |
| Greece (%) | 59.8 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Hong Kong SAR, China (%) | 56.9 Nov 2024 | monthly | Dec 1981 - Nov 2024 |
| Hungary (%) | 68.3 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Iceland (%) | 78.0 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| India (%) | 42.4 2023 | yearly | 1990 - 2023 |
| Indonesia (%) | 70.6 Aug 2024 | semiannually | Feb 2005 - Aug 2024 |
| Iran (%) | 41.0 Dec 2022 | quarterly | Jun 2018 - Dec 2022 |
| Ireland (%) | 66.6 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Israel (%) | 62.4 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Italy (%) | 66.1 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Ivory Coast (%) | 64.4 2023 | yearly | 1990 - 2023 |
| Japan (%) | 63.5 Nov 2024 | monthly | Jan 1968 - Nov 2024 |
| Jordan (%) | 39.4 2023 | yearly | 1990 - 2023 |
| Kazakhstan (%) | 68.4 Sep 2024 | quarterly | Jun 2001 - Sep 2024 |
| Kenya (%) | 73.7 2023 | yearly | 1990 - 2023 |
| South Korea (%) | 63.9 Dec 2024 | monthly | Jun 1999 - Dec 2024 |
| Kosovo (%) | 42.3 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Kuwait (%) | 71.5 2023 | yearly | 1990 - 2023 |
| Kyrgyzstan (%) | 58.7 2023 | yearly | 1994 - 2023 |
| Laos (%) | 59.6 2023 | yearly | 1990 - 2023 |
| Latvia (%) | 68.8 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Lebanon (%) | 45.5 2023 | yearly | 1990 - 2023 |
| Lithuania (%) | 64.0 Sep 2024 | quarterly | Jun 1998 - Sep 2024 |
| Luxembourg (%) | 55.1 2023 | yearly | 2000 - 2023 |
| Macau SAR, China (%) | 68.0 Nov 2024 | monthly | Sep 1996 - Nov 2024 |
| North Macedonia (%) | 52.1 Jun 2024 | quarterly | Mar 2023 - Jun 2024 |
| Malawi (%) | 69.0 2023 | yearly | 1990 - 2023 |
| Malaysia (%) | 70.5 Nov 2024 | monthly | Jan 2010 - Nov 2024 |
| Malta (%) | 82.9 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Mauritius (%) | 58.5 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Mexico (%) | 60.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Moldova (%) | 45.5 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Mongolia (%) | 63.0 Sep 2024 | quarterly | Sep 2006 - Sep 2024 |
| Montenegro (%) | 64.5 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Morocco (%) | 43.6 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mozambique (%) | 79.0 2023 | yearly | 1990 - 2023 |
| Myanmar (%) | 60.7 2023 | yearly | 1991 - 2023 |
| Nepal (%) | 40.5 2023 | yearly | 1990 - 2023 |
| Netherlands (%) | 73.2 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| New Zealand (%) | 71.0 Sep 2024 | quarterly | Mar 1986 - Sep 2024 |
| Nigeria (%) | 59.1 2023 | yearly | 1990 - 2023 |
| Norway (%) | 65.3 2023 | yearly | 1989 - 2023 |
| Oman (%) | 68.3 2023 | yearly | 1990 - 2023 |
| Pakistan (%) | 32.3 2021 | yearly | 1990 - 2021 |
| Palestinian Territory (%) | 45.6 Jun 2024 | quarterly | Jun 2002 - Jun 2024 |
| Panama (%) | 62.4 2023 | yearly | 2003 - 2023 |
| Paraguay (%) | 70.0 Sep 2024 | quarterly | Mar 2017 - Sep 2024 |
| Peru (%) | 72.4 2022 | yearly | 2001 - 2022 |
| Philippines (%) | 63.3 Oct 2024 | quarterly | Jul 2003 - Oct 2024 |
| Poland (%) | 58.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Portugal (%) | 60.3 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Qatar (%) | 87.7 2023 | yearly | 2006 - 2023 |
| Romania (%) | 52.7 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Russia (%) | 68.4 Feb 2024 | monthly | Aug 2009 - Feb 2024 |
| Saudi Arabia (%) | 61.7 Mar 2023 | quarterly | Jun 2016 - Mar 2023 |
| Serbia (%) | 56.4 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
| Slovakia (%) | 61.6 Jun 2024 | quarterly | Mar 2021 - Jun 2024 |
| Slovenia (%) | 58.7 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| South Africa (%) | 60.2 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Spain (%) | 58.5 Dec 2024 | quarterly | Mar 2021 - Dec 2024 |
| Sri Lanka (%) | 46.6 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Sudan (%) | 47.6 2023 | yearly | 1990 - 2023 |
| Sweden (%) | 73.8 Nov 2024 | monthly | Apr 2005 - Nov 2024 |
| Switzerland (%) | 67.6 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Syria (%) | 38.7 2023 | yearly | 1990 - 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.9 Sep 2024 | quarterly | Dec 2012 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -79.309 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Tax Revenue (USD mn) | 139.115 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Tax Revenue: % of GDP (%) | 22.8 Sep 2024 | quarterly | Mar 2012 - Sep 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 (EUR) | 130,980,738.960 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Government Revenue: Consolidated (EUR) | 181,289,850.170 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 90,529,869.280 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 28,020,758.820 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Expenditure: Cons: ow Current (EUR) | 231,723,377.880 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -74,671,802.530 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Expenditure: Consolidated (EUR) | 255,961,652.700 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -257.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Total Exports (USD mn) | 71.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Total Exports Growth (%) | 27.4 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Aluminum: Exports (USD th) | 77,568.321 2023 | yearly | 2008 - 2023 |
| 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) | 328.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Total Imports Growth (%) | 5.3 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| 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) | 0.393 Nov 2024 | monthly | Jan 2010 - Nov 2024 |
| Total Imports from USA (USD mn) | 3.002 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Total Exports to China (USD mn) | 6.951 Nov 2024 | monthly | Jan 2010 - Nov 2024 |
| Total Imports from China (USD mn) | 43.255 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Imports (EUR th) | 308,867.525 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Exports (EUR th) | 66,878.106 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 20,235.088 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Manufactured Goods (EUR th) | 9,448.621 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Machinery & Transport Equipment (EUR th) | 5,705.039 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Food & Live Animals (EUR th) | 6,106.992 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Crude Materials: excl Fuels (EUR th) | 11,686.150 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 2,202.279 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 23,189.139 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Manufactured Goods (EUR th) | 57,029.251 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 39,273.327 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Food & Live Animals (EUR th) | 64,571.850 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 27,982.738 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Machinery & Transport Equipment (EUR th) | 73,903.676 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 51,888.117 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Europe: EU-28: Greece (EUR th) | 16,468.635 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 15.1 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Current Account Balance (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Current Account Balance: % of GDP (%) | -23.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 154.9 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 7.8 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | -11.402 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.4 Sep 2024 | quarterly | Mar 2010 - Sep 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: 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 |
| Gross General Government External Debt (EUR mn) | 4,046.072 Sep 2024 | monthly | Dec 2010 - Sep 2024 |
| 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: Switzerland (EUR) | 65,139,405.970 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 112,506,571.770 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 125,266,558.270 2023 | yearly | 2002 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.3 Jun 2024 | monthly | Aug 2010 - Jun 2024 |
| Household Debt: % of GDP (%) | 25.6 Sep 2024 | quarterly | Dec 2010 - Sep 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 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 1,636.8 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 21.535 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.2 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Gold Reserves (USD mn) | 0.000 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Total Deposits (USD mn) | 6,064.066 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Total Deposits Growth (%) | 5.6 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Domestic Credit (USD mn) | 3,693.7 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Domestic Credit Growth (%) | 3.6 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Household Debt (USD mn) | 2,047.1 Nov 2024 | monthly | Dec 2004 - Nov 2024 |
| Total Loans (USD mn) | 4,910.461 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Total Loans Growth (%) | 13.97 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Private Debt: % of Nominal GDP (%) | 45.02 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| 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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