Montenegro: Unemployment rate

* indicates monthly or quarterly data series

Unemployment rate, percent

 Latest value 12.2
 Reference Q4 2023
 Measure percent
 Data availability Q1 2005 - Q4 2023
 Average 18.17
 Min - Max 11.8 - 29.25
 Source Statistical Office of Montenegro
For that indicator, we provide data for Montenegro from Q1 2005 to Q4 2023. The average value for Montenegro during that period was 18.17 percent with a minimum of 11.8 percent in Q3 2023 and a maximum of 29.25 percent in Q1 2005. Click on the following link to see the values of Unemployment rate, percent around the world.
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* indicates monthly or quarterly data series

Recent values chart
Montenegro - Unemployment rate  - recent values

Historical chart
Montenegro - Unemployment rate  - historical chart - 2005-2023
Measure: percent
Source: Statistical Office of Montenegro

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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 value Reference Measure
 Labor force 0.29 2022 million people
 Unemployment rate 15.25 2022 percent
 Female unemployment 16.17 2022 percent
 Male unemployment 14.75 2022 percent
 Youth unemployment 27.05 2023 percent
 Labor force participation 56.46 2023 percent
 Labor force: percent female 45.69 2022 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 Q3/2023 million employed people
 Unemployment rate 11.80 Q3/2023 percent
 Labor cost 129.95 9/2023 index points
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