Expenditure on unemployment function by type of benefit in Montenegro
Montenegro: Expenditure on unemployment function by type of benefit was 37.17 Million euro in 2024. ◆ Volatile
Latest (2024)
37.17 Million euro
Change on year
up 6.6%
World rank
45th
of 46 countries
All-time high
90.82 Million euro
in 2020
All-time low
16.56 Million euro
in 2016
Years of data
9
2016–2024
Expenditure on unemployment function by type of benefit and in Montenegro, 2016–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, expenditure on unemployment function by type of benefit and in Montenegro stood at 37.17 Million euro.
The figure is up 6.6% on the previous year and up 124.5% over ten years.
Over the whole period, expenditure on unemployment function by type of benefit and in Montenegro peaked at 90.82 Million euro in 2020 and was at its lowest, 16.56 Million euro, in 2016.
That places Montenegro 45th out of 46 countries with data for 2024, putting it in the bottom quarter.
Expenditure on unemployment function by type of benefit in Montenegro, year by year
| Year | Million euro | Change |
|---|---|---|
| 2016 | 16.56 Million euro | — |
| 2017 | 22.98 Million euro | +38.8% |
| 2018 | 24.13 Million euro | +5.0% |
| 2019 | 29.4 Million euro | +21.8% |
| 2020 | 90.82 Million euro | +208.9% |
| 2021 | 57.71 Million euro | -36.5% |
| 2022 | 39.27 Million euro | -32.0% |
| 2023 | 34.88 Million euro | -11.2% |
| 2024 | 37.17 Million euro | +6.6% |
Montenegro compared with similar countries
- Montenegro's 37.17 Million euro is below the median for Europe & Central Asia, which is 1,432 Million euro, 3% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.27 Million euro | 16.56 Million euro | 29.4 Million euro | 4 |
| 2020s | 51.97 Million euro | 34.88 Million euro | 90.82 Million euro | 5 |
Countries ranked near Montenegro
More work & labour data for Montenegro
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.13 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1.12 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.14 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.7 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.0301 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 454.35 1000 No (2050)
- Population - Est. & Proj. — Rural population 133.55 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 159.71 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 166.3 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 326.01 1000 No (2100)
Frequently asked questions
- What is expenditure on unemployment function by type of benefit and in Montenegro?
- Expenditure on unemployment function by type of benefit and in Montenegro was 37.17 Million euro in 2024, according to Eurostat.
- What is the highest expenditure on unemployment function by type of benefit and recorded in Montenegro?
- The highest recorded value was 90.82 Million euro in 2020.
- What is the lowest expenditure on unemployment function by type of benefit and recorded in Montenegro?
- The lowest recorded value was 16.56 Million euro in 2016.
- How does Montenegro rank for expenditure on unemployment function by type of benefit and?
- Montenegro ranks 45th out of 46 countries with data for 2024.
- Is expenditure on unemployment function by type of benefit and rising or falling in Montenegro?
- Over the last ten years it is up 124.5%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Eurostat, published as part of Expenditure on unemployment function by type of benefit and means-testing. Statizoid updates them automatically from the source API.
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