
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.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistical Office of Montenegro
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 |