Unemployment rate in Montenegro 2023

The unemployment rate in Montenegro saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 15.25 percent. Still, 2023 marked the third consecutive decline of the unemployment rate.
The unemployment rate refers to the share of the economically active population currently without work but in search of employment. The unemployment rate does not include economically inactive persons such as the long-term unemployed, children, or retirees.

Find more key insights for the unemployment rate in countries like North Macedonia and Bosnia-Herzegovina.