Montenegro: Unemployment rate

* indicates monthly or quarterly data series
The most recent value is 11.2 percent as of Q3 2024, a decline compared to the previous value of 11.4 percent. Historically, the average for Montenegro from Q1 2005 to Q3 2024 is 17.92 percent. The minimum of 11.2 percent was recorded in Q3 2024, while the maximum of 29.25 percent was reached in Q1 2005. Click on the following link to see the values of: Unemployment rate around the world.
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* indicates monthly or quarterly data series

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Recent values Montenegro: Unemployment rate, percent
2024  Q3 11.2
2024  Q2 11.4
2024  Q1 11.9
2023  Q4 12.2
2023  Q3 11.8
2023  Q2 12.9
2023  Q1 15.5
2022  Q4 14.5


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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.

 Related indicators Latest Reference Measure
 Labor force 0.28 2023 million people
 Unemployment rate 15.25 2023 percent
 Female unemployment 14.70 2023 percent
 Male unemployment 15.72 2023 percent
 Youth unemployment 27.93 2023 percent
 Labor force participation 56.46 2023 percent
 Labor force: percent female 45.55 2023 percent
 Female labor force participation 49.44 2023 percent
 Male labor force participation 64.07 2023 percent
 Self-employment 21.06 2022 percent
 Employment 0.29 Q3/2024 million employed people
 Unemployment rate 11.20 Q3/2024 percent
 Labor cost 156.90 12/2024 index points
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