Montenegro Unemployment Rate 1991-2023

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Montenegro unemployment rate for 2021 was 18.49%, a 0.59% increase from 2020.
  • Montenegro unemployment rate for 2020 was 17.90%, a 2.78% increase from 2019.
  • Montenegro unemployment rate for 2019 was 15.12%, a 0.05% decline from 2018.
  • Montenegro unemployment rate for 2018 was 15.17%, a 0.9% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
South Africa 33.56%
Botswana 24.72%
Gabon 22.27%
Namibia 21.68%
St. Vincent and the Grenadines 21.62%
Armenia 20.90%
Libya 19.58%
Jordan 19.25%
Montenegro 18.49%
Costa Rica 17.95%
St. Lucia 16.91%
Guyana 16.43%
North Macedonia 16.20%
Bosnia 15.22%
Lebanon 14.49%
Brazil 14.40%
Colombia 14.34%
Iraq 14.19%
Turkey 13.39%
Algeria 12.70%
Albania 11.82%
Serbia 11.81%
Iran 11.46%
Suriname 10.07%
Samoa 9.84%
Equatorial Guinea 9.25%
Jamaica 9.18%
Dominican Republic 8.50%
Belize 8.22%
Mauritius 7.41%
Paraguay 7.21%
Azerbaijan 6.58%
Ecuador 6.43%
Venezuela 6.41%
Maldives 6.08%
Bulgaria 5.42%
Fiji 5.24%
Romania 5.17%
Turkmenistan 5.08%
Russia 5.01%
Kazakhstan 4.90%
Peru 4.83%
China 4.82%
Belarus 4.74%
Malaysia 4.61%
Mexico 4.38%
Tonga 3.97%
Guatemala 3.57%
Cuba 2.76%
Thailand 1.42%
Montenegro Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2021 18.49% 0.59%
2020 17.90% 2.78%
2019 15.12% -0.05%
2018 15.17% -0.90%
2017 16.07% -1.65%
2016 17.72% 0.18%
2015 17.54% -0.46%
2014 18.00% -1.50%
2013 19.50% -0.47%
2012 19.97% 0.30%
2011 19.67% 0.02%
2010 19.65% 0.56%
2009 19.09% 1.94%
2008 17.15% -2.25%
2007 19.40% -5.70%
2006 25.10% -5.21%
2005 30.31% 0.30%
2004 30.01% 0.49%
2003 29.52% 0.38%
2002 29.13% 0.39%
2001 28.74% 0.15%
2000 28.59% 1.00%
1999 27.59% -0.53%
1998 28.12% 0.16%
1997 27.96% 0.05%
1996 27.91% 0.37%
1995 27.55% 0.83%
1994 26.72% 0.92%
1993 25.80% 0.21%
1992 25.59% 0.17%
1991 25.42% 0.17%