Compensation of employees by NUTS 2 region in Montenegro

Montenegro: Compensation of employees by NUTS 2 region was 3,335 in 2024. ▲ Rising

Latest (2024)
3,335
Change on year
up 14.1%
World rank
33rd
of 34 countries
All-time high
3,335
in 2024
All-time low
850.8
in 2006
Years of data
19
2006–2024

Compensation of employees by NUTS 2 region in Montenegro, 2006–2024

1.0k1.5k2.0k2.5k3.0k3.5k2006201520242006: 850.82007: 972.32008: 1.2k2009: 1.3k2010: 1.3k2011: 1.4k2012: 1.4k2013: 1.3k2014: 1.4k2015: 1.5k2016: 1.6k2017: 1.7k2018: 1.9k2019: 2.0k2020: 1.9k2021: 2.0k2022: 2.4k2023: 2.9k2024: 3.3k

Source: Eurostat.

Analysis

Montenegro recorded 3,335 for compensation of employees by nuts 2 region in 2024. That is the highest value across all 19 years on record.

That represents a change of up 14.1% on the previous year and up 139.5% over ten years.

Over the whole period, compensation of employees by nuts 2 region in Montenegro peaked at 3,335 in 2024 and was at its lowest, 850.8, in 2006.

That places Montenegro 33rd out of 34 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Compensation of employees by NUTS 2 region in Montenegro, year by year

Annual values for Compensation of employees by NUTS 2 region in Montenegro, 2006 to 2024.
Year Value Change
2006 850.8
2007 972.3 +14.3%
2008 1,205 +23.9%
2009 1,267 +5.2%
2010 1,331 +5.1%
2011 1,384 +4.0%
2012 1,368 -1.1%
2013 1,274 -6.9%
2014 1,392 +9.3%
2015 1,477 +6.1%
2016 1,607 +8.8%
2017 1,734 +7.9%
2018 1,897 +9.4%
2019 2,008 +5.9%
2020 1,913 -4.7%
2021 2,026 +5.9%
2022 2,392 +18.1%
2023 2,922 +22.1%
2024 3,335 +14.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,074 850.8 1,267 4
2010s 1,547 1,274 2,008 10
2020s 2,518 1,913 3,335 5

Countries ranked near Montenegro

  1. 30 Guadeloupe 6,578 compare
  2. 31 North Macedonia 6,551 compare
  3. 32 Martinique 6,464 compare
  4. 34 Mayotte 2,337 compare

See the full ranking of 357 places →

More work & labour data for Montenegro

All data for Montenegro →

Frequently asked questions

What is compensation of employees by nuts 2 region in Montenegro?
Compensation of employees by nuts 2 region in Montenegro was 3,335 in 2024, according to Eurostat.
What is the highest compensation of employees by nuts 2 region recorded in Montenegro?
The highest recorded value was 3,335 in 2024.
What is the lowest compensation of employees by nuts 2 region recorded in Montenegro?
The lowest recorded value was 850.8 in 2006.
How does Montenegro rank for compensation of employees by nuts 2 region?
Montenegro ranks 33rd out of 34 countries with data for 2024.
Is compensation of employees by nuts 2 region rising or falling in Montenegro?
Over the last ten years it is up 139.5%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Eurostat, published as part of Compensation of employees by NUTS 2 region. Statizoid updates them automatically from the source API.

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Compensation of employees by NUTS 2 region in Montenegro. Statizoid, drawing on Eurostat. Retrieved 25 August 2026, from https://labour.statizoid.com/stat/compensation-of-employees-by-nuts-2-region/montenegro/

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About this data

Indicator
Compensation of employees by NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
357 places, 8,539 data points, 2000–2024
Last refreshed