Montenegro unemployment rate
Montenegro unemployment rate: 13.27 (-0.82%)
Last Update: January 31, 2024
Last Update: January 31, 2024
Montenegro unemployment rate closed down 13.27 as of January 31, 2024 from 13.38 from the previous month and 19.3 from last year.
Montenegro unemployment rate Analytics & Data
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Montenegro unemployment rate
| Date | Values |
|---|---|
| 2024-01-31 | 13.27 |
| 2023-12-31 | 13.38 |
| 2023-11-30 | 17.4 |
| 2023-10-31 | 16.86 |
| 2023-09-30 | 16.23 |
| 2023-08-31 | 16.43 |
| 2023-07-31 | 16.23 |
| 2023-06-30 | 16.69 |
| 2023-05-31 | 17.85 |
| 2023-04-30 | 18.36 |
| 2023-03-31 | 18.9 |
| 2023-02-28 | 19.24 |
| 2023-01-31 | 19.3 |
| 2022-12-31 | 20.08 |
| 2022-11-30 | 19.99 |
| 2022-10-31 | 19.36 |
| 2022-09-30 | 19.08 |
| 2022-08-31 | 19.16 |
| 2022-07-31 | 19.36 |
| 2022-06-30 | 19.9 |
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Montenegro unemployment rate Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| unemployment rate | me.unemploymentrate | 13.27 | 13.38 | -1 | -31 | Down | Down | 3 | 2024-01-31 |
Montenegro unemployment rate Factors
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What is the Montenegro unemployment rate
Welcome to our webpage dedicated to Montenegro's unemployment rate. Here, you can find a wealth of current and historical data, trends, signals, and analytics to help you gain insights into Montenegro's labor market.What is Montenegro unemployment rate? Unemployment rate is a key economic indicator that measures the percentage of the labor force that is currently unemployed and actively seeking employment. It provides a snapshot of the health of the job market and the proportion of people experiencing joblessness in Montenegro.
Interpreting Montenegro unemployment rate: A low unemployment rate indicates a more robust job market, with a higher proportion of the labor force employed. On the other hand, a high unemployment rate signifies a weaker job market, indicating potential economic challenges and the need for policy interventions to stimulate job creation.
Data and Analytics: Our webpage presents both current and historical unemployment rate data for Montenegro, allowing you to track changes and identify trends over time. The data is presented through easy-to-understand charts and graphs, enabling quick visual interpretation.
In addition to the unemployment rate, we also provide a range of analytics, such as labor force participation rate, youth unemployment rate, and long-term unemployment rate. These additional metrics offer a comprehensive view of Montenegro's labor market landscape.
MacroVar Signals and Analysis: To enhance your understanding further, our webpage offers MacroVar signals, trends, and analysis. MacroVar signals are based on advanced algorithms that identify potential turning points and forecast future trends in Montenegro's unemployment rate. These signals can serve as a guide for decision-making and economic analysis.
Export Historical Data: Should you require data for further analysis, you can freely export the historical data from our webpage. This feature enables you to perform your own in-depth analysis and combine it with other relevant economic indicators.
We are committed to providing you with accurate, up-to-date, and user-friendly information on Montenegro's unemployment rate. Stay connected with our webpage to stay informed about the dynamics of the labor market and make well-informed decisions.
Montenegro Macroeconomic Indicators
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | me.balanceoftrade | -282853 | -306288 | -8 | 13 | Down | Down | 56 | 2023-11-30 |
| building permits | me.buildingpermits | 96 | 101 | -5 | 39 | UP | UP | 0 | 2023-12-31 |
| consumer price index cpi | me.cpi | 135.8 | 135.2 | 0 | 6 | UP | UP | 65 | 2024-03-31 |
| current account | me.currentaccount | -422384 | 193100 | -319 | 161 | Down | Down | 97 | 2024-03-31 |
| current account to gdp | me.currentaccountgdp | -13.2 | -9.2 | 43 | -32 | UP | UP | 0 | 2023-01-31 |
| exports | me.exports | 41845.8 | 41060.9 | 2 | -3 | Down | Down | 37 | 2023-08-31 |
| fiscal expenditure | me.fiscalexp | 1054520000 | 493928000 | 113 | 21 | Down | UP | 0 | 2020-06-30 |
| gdp | me.gdp | 5.81 | 4.78 | 22 | 40 | UP | UP | 0 | 2021-01-31 |
| Real GDP | me.realgdp | 1653.65 | 1991.76 | -17 | 43 | UP | UP | 0 | 2023-12-31 |
| gdp growth annual | me.gdpgrowthan | 4.3 | 6.6 | -35 | -157 | Down | UP | 0 | 2023-12-31 |
| government budget | me.govbudget | 0.2 | -5.1 | -104 | -105 | UP | UP | 0 | 2023-01-31 |
| Government budget | me.govbudgetvalue | -217444000 | -70514100 | 208 | 110 | Down | Down | 0 | 2020-06-30 |
| government debt | me.govdebt | 4059.91 | 3986.76 | 2 | -6 | UP | Down | 0 | 2023-12-31 |
| government debt to gdp | me.govdebtgdp | 60.3 | 70.8 | -15 | 33 | Down | UP | 0 | 2023-01-31 |
| government revenues | me.govrev | 837078000 | 423414000 | 98 | 9 | Down | UP | 0 | 2020-06-30 |
| imports | me.imports | 349591 | 335974 | 4 | -4 | UP | Down | 28 | 2023-08-31 |
| industrial production | me.indproduction | -9.2 | 9.4 | -198 | 475 | Down | Down | 93 | 2024-01-31 |
| industrial production mom | me.indproductionmm | 9.8 | -14.9 | -166 | -132 | UP | UP | 25 | 2024-01-31 |
| inflation cpi | me.inflationcpi | 5.5 | 4.3 | 28 | -66 | Down | Down | 53 | 2024-01-31 |
| long term unemployment rate | me.ltunemploymentrate | 15.7 | 12.7 | 24 | 22 | UP | UP | 0 | 2020-12-31 |
| Producer Price Index | me.producerprices | 206.5 | 202.1 | 2 | 7 | UP | UP | 79 | 2023-07-31 |
| PPI Index | me.producerpricesch | 1.2 | 2 | -40 | -90 | Down | Down | 32 | 2024-02-29 |
| retail sales MoM | me.retailsales | 10.3 | -29.9 | -134 | -132 | UP | UP | 10 | 2024-01-31 |
| retail sales yoy | me.retailsalesan | 10 | 10.3 | -3 | -32 | UP | Down | 62 | 2024-01-31 |
| unemployment rate | me.unemploymentrate | 13.27 | 13.38 | -1 | -31 | Down | Down | 3 | 2024-01-31 |
| Construction sector | me.esi.constr | 10.8 | 10.3 | 5 | -214 | UP | UP | 0 | 2023-06-30 |
| Consumer sector | me.esi.cons | 6.8 | 6 | 13 | -140 | UP | UP | 5 | 2023-06-30 |
| Manufacturing sector | me.esi.man | 5.5 | 6.1 | -10 | 10 | UP | UP | 78 | 2023-06-30 |
| Retail sector | me.esi.ret | 22.7 | 19.4 | 17 | 328 | UP | UP | 98 | 2023-06-30 |
| Services sector | me.esi.serv | 22.1 | 18.6 | 19 | 146 | UP | UP | 97 | 2023-06-30 |
| ESI - Economic Composite | me.esi.conf | 111.5 | 113.9 | -2 | 33 | UP | UP | 88 | 2022-02-28 |