Labor share of gdp in Montenegro
Montenegro: Labor share of gdp was 49.4 in 2020. ▬ Flat
Latest (2020)
49.4
Change on year
up 5.8%
World rank
75th
of 187 countries
All-time high
49.4
in 2020
All-time low
45.7
in 2006
Years of data
17
2004–2020
Labor share of gdp in Montenegro, 2004–2020
Source: Our World in Data.
Analysis
The most recent figure for labor share of gdp in Montenegro is 49.4, measured in 2020. That is the highest value across all 17 years on record.
The figure is up 5.8% on the previous year and up 5.8% over ten years.
Over the whole period, labor share of gdp in Montenegro peaked at 49.4 in 2020 and was at its lowest, 45.7, in 2006.
That places Montenegro 75th out of 187 countries with data for 2020, putting it in the middle of the range.
Labor share of gdp in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 46.3 | — |
| 2005 | 46.3 | +0.0% |
| 2006 | 45.7 | -1.3% |
| 2007 | 46 | +0.7% |
| 2008 | 45.9 | -0.2% |
| 2009 | 48.1 | +4.8% |
| 2010 | 46.7 | -2.9% |
| 2011 | 46.6 | -0.2% |
| 2012 | 47.6 | +2.1% |
| 2013 | 46.6 | -2.1% |
| 2014 | 46.9 | +0.6% |
| 2015 | 46.7 | -0.4% |
| 2016 | 46.8 | +0.2% |
| 2017 | 46.5 | -0.6% |
| 2018 | 46.5 | +0.0% |
| 2019 | 46.7 | +0.4% |
| 2020 | 49.4 | +5.8% |
Montenegro compared with similar countries
- Montenegro's 49.4 is above the median for upper middle income countries, which is 45.7, 1.1× the median. (53 countries reporting)
- Montenegro's 49.4 is below the median for Europe & Central Asia, which is 54.2, 91% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.38 | 45.7 | 48.1 | 6 |
| 2010s | 46.76 | 46.5 | 47.6 | 10 |
| 2020s | 49.4 | 49.4 | 49.4 | 1 |
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 labor share of gdp in Montenegro?
- Labor share of gdp in Montenegro was 49.4 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Montenegro?
- The highest recorded value was 49.4 in 2020.
- What is the lowest labor share of gdp recorded in Montenegro?
- The lowest recorded value was 45.7 in 2006.
- How does Montenegro rank for labor share of gdp?
- Montenegro ranks 75th out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Montenegro?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is flat.
- Where does this Montenegro data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).