Montenegro Wages: Minimum and Average
Montenegro Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 533 EUR/Month | 565.457 USD/Month | 3Q/23 |
| Wages | 995 EUR/Month | 1055.591 USD/Month | Aug/23 |
| Wages in Manufacturing | 777 EUR/Month | 824.316 USD/Month | Aug/23 |
Latest data on Minimum Wages (EUR/Month)
What is minimum wage in Montenegro?
- Minimum Wages in Montenegro remained unchanged at 533 EUR/Month (565.457 USD/Month) in the third 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 | 3Q/23 | 31.07.2023 |
| 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 |
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 995 EUR/Month (1055.591 USD/Month) in August 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
| 995 | Aug/23 | 30.09.2023 |
| 993 | Jul/23 | 31.08.2023 |
| 991 | Jun/23 | 31.07.2023 |
| 988 | May/23 | 29.06.2023 |
| 978 | Apr/23 | 31.05.2023 |
| 970 | Mar/23 | 28.04.2023 |
| 958 | Feb/23 | 01.04.2023 |
| 940 | Jan/23 | 03.03.2023 |
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 777 EUR/Month (824.316 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
| 777 | Aug/23 | 11.10.2023 |
| 772 | Jul/23 | 31.08.2023 |
| 759 | Jun/23 | 01.08.2023 |
| 744 | May/23 | 29.06.2023 |
| 746 | Apr/23 | 02.06.2023 |
| 743 | Mar/23 | 04.05.2023 |
| 728 | Feb/23 | 17.04.2023 |
| 737 | Jan/23 | 03.03.2023 |
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 | Sep/23 | 16.2 % | 16.43 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2021 | 2674.517 USD/Month | 3100.997 |
| Ireland | 2Q/23 | 3861.659 USD/Month | 3921.069 |
| Luxembourg | 2022 | 6692.128 USD/Month | 6394.017 |
| Spain | 2Q/23 | 2400.806 USD/Month | 2256.525 |
| Iceland | 2022 | 5859.446 USD/Month | 5569.374 |
| Norway | 2Q/23 | 4976.271 USD/Month | 4885.96 |
| Belarus | Aug/23 | 693.605 USD/Month | 683.353 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Jun/23 | 1045.294 USD/Month | 1049.634 |
| Croatia | Jul/23 | 1141 USD/Month | 1150 |
| Cyprus | 2Q/23 | 2387.015 USD/Month | 2388.076 |
| Czech Republic | 2Q/23 | 1865.756 USD/Month | 1783.943 |
| Denmark | 2021 | 6341.338 USD/Month | 6203.397 |
| Estonia | 2Q/23 | 1987.057 USD/Month | 1847.019 |
| Euro Area | 1Q/23 | 2239.55 USD/Month | 2198.175 |
| Finland | 2Q/23 | 4119.457 USD/Month | 4049.438 |
| France | 2021 | 3523.234 USD/Month | 3500.955 |
| Germany | 4Q/21 | 4349.671 USD/Month | 4217.059 |
| Hungary | Jul/23 | 1537.104 USD/Month | 1558.236 |
| Italy | 2022 | 2786.972 USD/Month | 2656.482 |
| Latvia | Jun/23 | 1196.69 USD/Month | 1198.812 |
| Lithuania | 2Q/23 | 2121.791 USD/Month | 2079.355 |
| Macedonia | Jul/23 | 938.822 USD/Month | 943.754 |
| Malta | 2Q/23 | 161.875 USD/Month | 163.378 |
| Moldova | 2Q/23 | 670.134 USD/Month | 632.158 |
| Montenegro | Aug/23 | 1055.591 USD/Month | 1053.469 |
| Poland | 2Q/23 | 1644.292 USD/Month | 1671.986 |
| Portugal | 2023 | 1107.575 USD/Month | 1087.418 |
| Romania | Jul/23 | 1563.428 USD/Month | 1573.471 |
| Russia | Jul/23 | 730.402 USD/Month | 783.429 |
| Serbia | Jul/23 | 758.594 USD/Month | 774.512 |
| Slovakia | Jul/23 | 1562.699 USD/Month | 1607.257 |
| Slovenia | Jul/23 | 2336.092 USD/Month | 2340.335 |
| Sweden | Jul/23 | 2832.482 USD/Month | 2861.834 |
| Switzerland | 2022 | 7442.892 USD/Month | 7376.358 |
| Ukraine | Jan/22 | 398.627 USD/Month | 477.275 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 2Q/23 | 712.412 USD/Month | 650.128 |
| Bosnia and Herzegovina | Jul/23 | 1054.573 USD/Month | 1059.998 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
