Montenegro Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Montenegro unemployment rate for 2023 was 15.25%, a 0.03% decline from 2022.
  • Montenegro unemployment rate for 2022 was 15.29%, a 1.26% decline from 2021.
  • Montenegro unemployment rate for 2021 was 16.54%, a 1.34% decline from 2020.
  • Montenegro unemployment rate for 2020 was 17.88%, a 2.75% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
South Africa 27.99%
Botswana 23.38%
Gabon 20.36%
Namibia 19.42%
Libya 18.74%
St. Vincent and the Grenadines 18.67%
Jordan 17.94%
Iraq 15.53%
Montenegro 15.25%
North Macedonia 13.08%
Guyana 12.43%
Algeria 11.81%
Albania 11.58%
Lebanon 11.57%
St. Lucia 11.09%
Bosnia 10.42%
Samoa 9.75%
Colombia 9.57%
Turkey 9.41%
Iran 9.10%
Serbia 8.68%
Equatorial Guinea 8.67%
Armenia 8.59%
Costa Rica 8.30%
Belize 8.26%
Brazil 7.95%
Suriname 7.70%
Mauritius 6.06%
Paraguay 5.78%
Azerbaijan 5.64%
Romania 5.60%
Dominican Republic 5.56%
Venezuela 5.53%
Kazakhstan 4.85%
Peru 4.82%
China 4.67%
Jamaica 4.42%
Fiji 4.33%
Bulgaria 4.30%
Maldives 4.13%
Turkmenistan 4.12%
Malaysia 3.86%
Belarus 3.57%
Ecuador 3.37%
Russia 3.33%
Mexico 2.81%
Guatemala 2.71%
Tonga 2.30%
Cuba 1.16%
Thailand 0.91%
Montenegro Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 15.25% -0.03%
2022 15.29% -1.26%
2021 16.54% -1.34%
2020 17.88% 2.75%
2019 15.13% -0.06%
2018 15.19% -0.89%
2017 16.08% -1.65%
2016 17.73% 0.18%
2015 17.56% -0.50%
2014 18.05% -1.53%
2013 19.59% -0.22%
2012 19.81% 0.05%
2011 19.76% 0.11%
2010 19.65% 0.56%
2009 19.09% 1.94%
2008 17.15% -2.25%
2007 19.40% -5.44%
2006 24.84% -5.47%
2005 30.31% -0.01%
2004 30.32% 0.00%
2003 30.32% 0.04%
2002 30.28% -0.03%
2001 30.31% 0.06%
2000 30.25% 0.06%
1999 30.19% 0.25%
1998 29.94% 0.09%
1997 29.84% 0.01%
1996 29.84% -0.34%
1995 30.18% -0.19%
1994 30.37% -0.04%
1993 30.40% 0.27%
1992 30.13% 0.20%
1991 29.93% 0.20%