Montenegro: Youth unemployment

* indicates monthly or quarterly data series

Youth unemployment, ages 15-24

 Latest value 28.26
 Year 2022
 Measure percent
 Data availability 1991 - 2022
 Average 43.04
 Min - Max 25.35 - 55.65
 Source The World Bank
For that indicator, we provide data for Montenegro from 1991 to 2022. The average value for Montenegro during that period was 43.04 percent with a minimum of 25.35 percent in 2019 and a maximum of 55.65 percent in 2005. The latest value from 2022 is 28.26 percent. For comparison, the world average in 2022 based on 176 countries is 16.72 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Montenegro - Youth unemployment - recent values

Historical chart
Montenegro - Youth unemployment - historical chart - 1991-2022

We present the rate of youth unemployment for Montenegro and other countries. Youth unemployment is the percent of 15-24 year olds who are part of the labor force but are unemployed. Recall that the labor force includes the employed and the unemployed people.
Definition: Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.

 Related indicators Latest value Reference Measure
 Labor force 0.29 2022 million people
 Unemployment rate 15.40 2022 percent
 Female unemployment 16.17 2022 percent
 Male unemployment 14.75 2022 percent
 Youth unemployment 28.26 2022 percent
 Labor force participation 56.58 2022 percent
 Labor force: percent female 45.69 2022 percent
 Female labor force participation 49.70 2022 percent
 Male labor force participation 64.04 2022 percent
 Employment 0.29 Q3/2023 million employed people
 Unemployment rate 11.80 Q3/2023 percent
 Labor cost 129.95 9/2023 index points
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