Unemployment in Montenegro

Montenegro Unemployment | Economic News & Forecasts

Montenegro - Unemployment

Following the pick-up in economic activity in the second quarter, growth should have remained relatively stable in the third quarter. Steadily declining unemployment in H1, strong credit growth and deflationary pressures should have supported private consumption, as evidenced by an acceleration in retail sales growth in July–August. Moreover, merchandise exports rebounded strongly in Q3, while import growth softened, boding well for the external sector. On the downside, industrial production contracted in August and September, after two brief months of growth, as poor weather conditions continued to hamper hydropower generation. Meanwhile, while tourist arrivals picked up in August, inflows were weaker than those seen throughout the second quarter.

Montenegro - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate19.5  18.1  17.9  17.5  17.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Montenegro Unemployment Chart

Montenegro Unemployment
Note: Unemployment as % of active population (aop).
Source: Employment Agency of Montenegro

Montenegro Facts

Exchange Rate1.100.65 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form