LU3: Combined rate of unemployment and potential labour force for in Montenegro
Montenegro: LU3: Combined rate of unemployment and potential labour force for was 14.11 in 2024. ▼ Falling
LU3: Combined rate of unemployment and potential labour force for in Montenegro, 2011–2024
Source: International Labour Organization.
Analysis
The most recent figure for lu3: combined rate of unemployment and potential labour force for in Montenegro is 14.11, measured in 2024. That is the lowest value across all 14 years on record.
Compared with earlier readings it is down 20.1% on the previous year and down 48.0% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force for in Montenegro peaked at 29.82 in 2011 and was at its lowest, 14.11, in 2024.
Montenegro ranks 9th of 65 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
LU3: Combined rate of unemployment and potential labour force for in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 29.82 | — |
| 2012 | 27.48 | -7.8% |
| 2013 | 29.64 | +7.8% |
| 2014 | 27.15 | -8.4% |
| 2015 | 25.35 | -6.6% |
| 2016 | 23.99 | -5.4% |
| 2017 | 23.32 | -2.8% |
| 2018 | 22.01 | -5.6% |
| 2019 | 22.13 | +0.5% |
| 2020 | 22.09 | -0.2% |
| 2021 | 21.59 | -2.2% |
| 2022 | 17.34 | -19.7% |
| 2023 | 17.66 | +1.8% |
| 2024 | 14.11 | -20.1% |
Montenegro compared with similar countries
- Montenegro's 14.11 is above the median for upper middle income countries, which is 8.22, 1.7× the median. (23 countries reporting)
- Montenegro's 14.11 is above the median for Europe & Central Asia, which is 8.16, 1.7× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 25.65 | 22.01 | 29.82 | 9 |
| 2020s | 18.56 | 14.11 | 22.09 | 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 lu3: combined rate of unemployment and potential labour force for in Montenegro?
- Lu3: combined rate of unemployment and potential labour force for in Montenegro was 14.11 in 2024, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force for recorded in Montenegro?
- The highest recorded value was 29.82 in 2011.
- What is the lowest lu3: combined rate of unemployment and potential labour force for recorded in Montenegro?
- The lowest recorded value was 14.11 in 2024.
- How does Montenegro rank for lu3: combined rate of unemployment and potential labour force for?
- Montenegro ranks 9th out of 65 countries with data for 2024.
- Is lu3: combined rate of unemployment and potential labour force for rising or falling in Montenegro?
- Over the last ten years it is down 48.0%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from International Labour Organization, published as part of LU3: Combined rate of unemployment and potential labour force for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU3 represents the share of the extended labour force, in this case for persons of prime age (i.e., persons ages 25 to 54), that are in unemployment or the potential labour force. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.