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
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| 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 (%) | 13.10 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Australia (%) | 4.05 Apr 2024 | monthly | Feb 1978 - Apr 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 Mar 2024 | monthly | Oct 2004 - Mar 2024 |
| Belgium (%) | 5.50 Mar 2024 | monthly | Jan 1983 - Mar 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 (%) | 7.90 Mar 2024 | monthly | Mar 2012 - Mar 2024 |
| Brunei (%) | 5.20 2022 | yearly | 1981 - 2022 |
| Bulgaria (%) | 5.00 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Cambodia (%) | 2.40 2020 | yearly | 2020 - 2020 |
| Canada (%) | 6.10 Apr 2024 | monthly | Jan 1976 - Apr 2024 |
| Chile (%) | 8.50 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| China (%) | 5.20 Mar 2024 | quarterly | Mar 2017 - Mar 2024 |
| Colombia (%) | 12.12 Mar 2022 | monthly | Jan 2021 - Mar 2022 |
| Croatia (%) | 6.80 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| Cyprus (%) | 6.00 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Czech Republic (%) | 2.73 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Denmark (%) | 4.90 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Ecuador (%) | 3.76 Mar 2024 | quarterly | Dec 2013 - Mar 2024 |
| Egypt (%) | 6.70 Mar 2024 | quarterly | Mar 2003 - Mar 2024 |
| 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 (%) | 16.40 2023 | yearly | 1991 - 2023 |
| Germany (%) | 3.20 Mar 2024 | monthly | Jan 1991 - Mar 2024 |
| Ghana (%) | 3.56 2023 | yearly | 1991 - 2023 |
| Greece (%) | 11.20 Apr 2023 | monthly | Apr 1998 - Apr 2023 |
| Hong Kong SAR, China (%) | 3.00 Apr 2024 | monthly | Oct 1981 - Apr 2024 |
| Hungary (%) | 4.50 Apr 2024 | monthly | Jan 2000 - Apr 2024 |
| Iceland (%) | 3.82 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 5.32 2023 | yearly | 1984 - 2023 |
| Iran (%) | 9.40 Mar 2022 | quarterly | Jun 2001 - Mar 2022 |
| Ireland (%) | 4.10 Jul 2023 | monthly | Jan 1998 - Jul 2023 |
| Israel (%) | 3.33 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| Italy (%) | 7.23 Mar 2024 | monthly | Jan 1983 - Mar 2024 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 2.60 Mar 2024 | monthly | Jan 1953 - Mar 2024 |
| Jordan (%) | 22.30 Feb 2024 | quarterly | Feb 2000 - Feb 2024 |
| Kazakhstan (%) | 4.70 Apr 2024 | monthly | Jan 2001 - Apr 2024 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 2.80 Apr 2024 | monthly | Jun 1999 - Apr 2024 |
| Kosovo (%) | 10.70 Jun 2023 | quarterly | Mar 2016 - Jun 2023 |
| Kuwait (%) | 0.93 2021 | yearly | 1999 - 2021 |
| Kyrgyzstan (%) | 4.90 2022 | yearly | 1992 - 2022 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 6.80 Apr 2024 | monthly | Jan 1998 - Apr 2024 |
| Lebanon (%) | 29.56 2021 | yearly | 2004 - 2021 |
| Lithuania (%) | 7.30 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
| Luxembourg (%) | 5.62 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
| Macau SAR, China (%) | 2.10 Mar 2024 | monthly | Sep 1996 - Mar 2024 |
| North Macedonia (%) | 13.00 Dec 2023 | quarterly | Mar 2023 - Dec 2023 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 3.30 Mar 2024 | monthly | Jan 2010 - Mar 2024 |
| Malta (%) | 2.85 Dec 2023 | quarterly | Mar 2018 - Dec 2023 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 2.66 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| Moldova (%) | 5.55 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Mongolia (%) | 5.20 Mar 2024 | quarterly | Sep 2006 - Mar 2024 |
| Montenegro (%) | 12.20 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Morocco (%) | 13.70 Mar 2024 | quarterly | Mar 1999 - Mar 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 (%) | 4.30 Mar 2024 | quarterly | Mar 1986 - Mar 2024 |
| Nigeria (%) | 4.10 Mar 2023 | quarterly | Dec 2022 - Mar 2023 |
| Norway (%) | 3.90 Feb 2024 | monthly | Jan 1989 - Feb 2024 |
| Oman (%) | 2.60 Apr 2024 | monthly | Mar 2018 - Apr 2024 |
| Pakistan (%) | 6.30 2021 | yearly | 1980 - 2021 |
| Palestinian Territory (%) | 32.20 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Panama (%) | 7.40 2023 | yearly | 2003 - 2023 |
| Paraguay (%) | 6.90 Mar 2024 | quarterly | Mar 2017 - Mar 2024 |
| Peru (%) | 7.69 Apr 2024 | monthly | Mar 2001 - Apr 2024 |
| Philippines (%) | 4.50 Apr 2023 | quarterly | Jul 1982 - Apr 2023 |
| Poland (%) | 5.30 Mar 2024 | monthly | Jan 1990 - Mar 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 (%) | 3.82 Apr 2024 | monthly | Jan 2006 - Apr 2024 |
| Slovenia (%) | 3.40 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| South Africa (%) | 32.90 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
| Spain (%) | 12.29 Mar 2024 | quarterly | Sep 1976 - Mar 2024 |
| 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 (%) | 4.25 Mar 2024 | monthly | Jan 1991 - Mar 2024 |
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| 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) | 14.611 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| Tax Revenue (USD mn) | 200.614 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| 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) | 6.396 2029 | yearly | 2002 - 2029 |
| Forecast: Government Revenue (EUR bn) | 3.914 2029 | yearly | 2002 - 2029 |
| General Government Revenue: Consolidated (EUR) | 245,475,116.530 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 21,994,790.370 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | 13,441,787.120 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Revenue: Cons: Taxes (EUR) | 184,557,374.950 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Expenditure: Cons: ow Current (EUR) | 216,826,085.840 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 78,800,496.590 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Expenditure: Consolidated (EUR) | 232,033,329.410 Mar 2024 | monthly | Jan 2012 - Mar 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) | -357.3 Apr 2024 | monthly | Jan 2005 - Apr 2024 |
| Total Exports (USD mn) | 46.5 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| Total Exports Growth (%) | -29.1 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| 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) | 415.3 Apr 2024 | monthly | Jan 2005 - Apr 2024 |
| Total Imports Growth (%) | 29.9 Apr 2024 | monthly | Jan 2006 - Apr 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) | 0.275 Apr 2024 | monthly | Jan 2010 - Apr 2024 |
| Total Imports from USA (USD mn) | 4.571 Apr 2024 | monthly | Jan 2006 - Apr 2024 |
| Total Exports to China (USD mn) | 3.637 Mar 2024 | monthly | Jan 2010 - Mar 2024 |
| Total Imports from China (USD mn) | 57.149 Apr 2024 | monthly | Jan 2006 - Apr 2024 |
| Imports (EUR th) | 324,402.879 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| Exports (EUR th) | 42,812.547 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| Exports: Machinery & Transport Equipment (EUR th) | 4,226.892 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 8,932.120 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Exports: Manufactured Goods (EUR th) | 4,882.269 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Exports: Food & Live Animals (EUR th) | 3,878.022 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Exports: Crude Materials: excl Fuels (EUR th) | 9,933.344 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 15,227.524 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 3,722.971 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 47,074.450 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Imports: Manufactured Goods (EUR th) | 54,650.234 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Imports: Food & Live Animals (EUR th) | 61,191.907 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Imports: Machinery & Transport Equipment (EUR th) | 82,576.189 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 25,657.813 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Imports: Europe: EU-28: Greece (EUR th) | 15,422.677 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 55,688.437 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 21.9 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Current Account Balance (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Current Account Balance: % of GDP (%) | -24.6 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 149.5 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Foreign Direct Investment: % of GDP (%) | 8.0 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | 736.682 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| 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: 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 |
| BoP: Current Account: Goods: Export (EUR th) | 120,372.138 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Gross General Government External Debt (EUR mn) | 3,613.400 Jun 2023 | monthly | Dec 2010 - Jun 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 18,559,843.260 2022 | yearly | 2001 - 2022 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 27,472,844.110 2022 | yearly | 2001 - 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.1 Feb 2024 | monthly | Aug 2010 - Feb 2024 |
| 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 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 1,881.6 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 19.668 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.3 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
| Total Deposits (USD mn) | 5,699.587 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| Total Deposits Growth (%) | 2.3 Apr 2024 | monthly | Jan 2004 - Apr 2024 |
| Domestic Credit (USD mn) | 3,303.6 Apr 2024 | monthly | Jan 2005 - Apr 2024 |
| Domestic Credit Growth (%) | -4.6 Apr 2024 | monthly | Jan 2006 - Apr 2024 |
| Household Debt (USD mn) | 1,895.8 Apr 2024 | monthly | Dec 2004 - Apr 2024 |
| Total Loans (USD mn) | 4,667.461 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| Total Loans Growth (%) | 11.84 Apr 2024 | monthly | Jan 2004 - Apr 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 |
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