Montenegro Wages: Minimum and Average
Montenegro Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 533 EUR/Month | 570.841 USD/Month | 1Q/23 |
| Wages | 970 EUR/Month | 1038.866 USD/Month | Mar/23 |
| Wages in Manufacturing | 743 EUR/Month | 795.75 USD/Month | Mar/23 |
Latest data on Minimum Wages (EUR/Month)
What is minimum wage in Montenegro?
- Minimum Wages in Montenegro remained unchanged at 533 EUR/Month (570.841 USD/Month) in the first quarter of 2023. The maximum rate of minimum wage for employees was 331 EUR/Month and minimum was 288 EUR/Month.
- Data published Quarterly by Eurostat.
Historical Data (EUR/Month) by years
Data
Period
Date
| 533 | 1Q/23 | 03.02.2023 |
| 533 | 3Q/22 | 24.11.2022 |
| 533 | 1Q/22 | 05.04.2022 |
| 331 | 1Q/21 | 05.02.2021 |
| 288 | 2Q/18 | 22.08.2018 |
| 288 | 2Q/17 | 19.06.2018 |
| 288.05 | 4Q/16 | 31.12.2016 |
| 288.05 | 2Q/16 | 30.06.2016 |
Historical Chart by presidents (EUR/Month)
Minimum Wages in Montenegro by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Filip Vujanovic | 28.05.2018 - | 288.0000 | 288.0000 | 288.0000 | 288.0000 | 0.00% |
| Milo Dukanovic | 03.07.2006 - 20.05.2018 | 288.0500 | 288.0500 | 288.0500 | 288.0500 | 0.00% |
Latest data on Wages (EUR/Month)
What is average wage in Montenegro?
- Average Wages in Montenegro increased to 970 EUR/Month (1038.866 USD/Month) in March 2023. The maximum rate of average wage for employees was 792 EUR/Month and minimum was 267 EUR/Month.
- Data published Monthly by Statistical Office.
Historical Data (EUR/Month) by years
Data
Period
Date
| 970 | Mar/23 | 28.04.2023 |
| 958 | Feb/23 | 01.04.2023 |
| 940 | Jan/23 | 03.03.2023 |
| 900 | Dec/22 | 26.01.2023 |
| 892 | Nov/22 | 31.12.2022 |
| 891 | Oct/22 | 03.12.2022 |
| 887 | Sep/22 | 05.11.2022 |
| 886 | Aug/22 | 01.10.2022 |
Historical Chart by presidents (EUR/Month)
Wages in Montenegro by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Filip Vujanovic | 28.05.2018 - | 761.0000 | 765.0000 | 765.0000 | 761.0000 | 0.53% |
| Milo Dukanovic | 03.07.2006 - 20.05.2018 | 431.0000 | 766.0000 | 772.0000 | 429.0000 | 77.73% |
Latest data on Wages in Manufacturing (EUR/Month)
How much is average wage in manufacturing in Montenegro?
- Average wages in manufacturing sector in Montenegro increased to 743 EUR/Month (795.75 USD/Month). The maximum level was 827 EUR/Month and minimum was 573 EUR/Month.
- Data published Monthly by Statistical Office.
Historical Data (EUR/Month) by years
Data
Period
Date
| 743 | Mar/23 | 04.05.2023 |
| 728 | Feb/23 | 17.04.2023 |
| 737 | Jan/23 | 03.03.2023 |
| 724 | Dec/22 | 26.01.2023 |
| 720 | Sep/22 | 11.11.2022 |
| 717 | Aug/22 | 27.10.2022 |
| 718 | Jul/22 | 02.09.2022 |
| 700 | Feb/22 | 13.04.2022 |
Historical Chart by presidents (EUR/Month)
Wages in Manufacturing in Montenegro by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other labor indicators in Montenegro
| Index | Updated | Actual | Previous |
| Unemployment Rate | Apr/23 | 18.4 % | 18.9 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2021 | 2699.808 USD/Month | 3130.321 |
| Ireland | 4Q/22 | 3855.628 USD/Month | 3718.539 |
| Luxembourg | 2021 | 6287.752 USD/Month | 5854.003 |
| Spain | 4Q/22 | 2428.916 USD/Month | 2176.171 |
| Iceland | 2022 | 5796.847 USD/Month | 5509.874 |
| Norway | 1Q/23 | 4896.816 USD/Month | 4713.952 |
| Belarus | Apr/23 | 634.921 USD/Month | 641.284 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Mar/23 | 1069.627 USD/Month | 1002.262 |
| Croatia | Mar/23 | 1130 USD/Month | 1106 |
| Cyprus | 4Q/22 | 2727.195 USD/Month | 2219.461 |
| Czech Republic | 4Q/22 | 1961.534 USD/Month | 1801.943 |
| Denmark | 2021 | 6405.662 USD/Month | 6266.321 |
| Estonia | 4Q/22 | 1901.243 USD/Month | 1798.415 |
| Euro Area | 4Q/22 | 2213.034 USD/Month | 2180.899 |
| Finland | 4Q/22 | 4077.807 USD/Month | 4063.882 |
| France | 2021 | 3557.274 USD/Month | 3534.78 |
| Germany | 4Q/21 | 4391.696 USD/Month | 4257.803 |
| Hungary | Mar/23 | 1665.332 USD/Month | 1530.553 |
| Italy | 2021 | 2651 USD/Month | 2506.4 |
| Latvia | Dec/22 | 1206.058 USD/Month | 1107.517 |
| Lithuania | 1Q/23 | 2099.288 USD/Month | 2035.024 |
| Macedonia | Mar/23 | 928.764 USD/Month | 896.241 |
| Malta | 4Q/22 | 159.319 USD/Month | 157.356 |
| Moldova | 4Q/22 | 650.238 USD/Month | 600.029 |
| Montenegro | Mar/23 | 1038.866 USD/Month | 1026.015 |
| Poland | 1Q/23 | 1687.228 USD/Month | 1594.625 |
| Portugal | 2023 | 1097.877 USD/Month | 1091.45 |
| Romania | Mar/23 | 1573.885 USD/Month | 1477.811 |
| Russia | Feb/23 | 811.331 USD/Month | 788.472 |
| Serbia | Mar/23 | 790.828 USD/Month | 752.659 |
| Slovakia | Mar/23 | 1566.985 USD/Month | 1434.172 |
| Slovenia | Mar/23 | 2347.825 USD/Month | 2284.631 |
| Sweden | Feb/23 | 2794.455 USD/Month | 2794.455 |
| Switzerland | 2022 | 7423.219 USD/Month | 7356.861 |
| Ukraine | Jan/22 | 398.627 USD/Month | 477.275 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 4Q/22 | 650.855 USD/Month | 607.464 |
| Bosnia and Herzegovina | Mar/23 | 1086.191 USD/Month | 1042.005 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
