LU3: Combined rate of unemployment and potential labour force in Montenegro
Montenegro: LU3: Combined rate of unemployment and potential labour force was 15.57 in 2024. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in Montenegro, 2011–2024
Source: International Labour Organization.
Analysis
In 2024, lu3: combined rate of unemployment and potential labour force in Montenegro stood at 15.57. That is the lowest value across all 14 years on record.
That represents a change of down 22.7% on the previous year and down 41.3% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in Montenegro peaked at 31.57 in 2012 and was at its lowest, 15.57, in 2024.
Montenegro ranks 18th of 89 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 in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 30.21 | — |
| 2012 | 31.57 | +4.5% |
| 2013 | 30.26 | -4.1% |
| 2014 | 26.52 | -12.4% |
| 2015 | 26.06 | -1.7% |
| 2016 | 25.49 | -2.2% |
| 2017 | 23.83 | -6.5% |
| 2018 | 24.12 | +1.2% |
| 2019 | 24.25 | +0.5% |
| 2020 | 29.35 | +21.1% |
| 2021 | 29.88 | +1.8% |
| 2022 | 24.38 | -18.4% |
| 2023 | 20.14 | -17.4% |
| 2024 | 15.57 | -22.7% |
Montenegro compared with similar countries
- Montenegro's 15.57 is above the median for upper middle income countries, which is 9.28, 1.7× the median. (26 countries reporting)
- Montenegro's 15.57 is above the median for Europe & Central Asia, which is 8.71, 1.8× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.92 | 23.83 | 31.57 | 9 |
| 2020s | 23.86 | 15.57 | 29.88 | 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 in Montenegro?
- Lu3: combined rate of unemployment and potential labour force in Montenegro was 15.57 in 2024, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in Montenegro?
- The highest recorded value was 31.57 in 2012.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in Montenegro?
- The lowest recorded value was 15.57 in 2024.
- How does Montenegro rank for lu3: combined rate of unemployment and potential labour force?
- Montenegro ranks 18th out of 89 countries with data for 2024.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in Montenegro?
- Over the last ten years it is down 41.3%. 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 (previous ILO definition - ICLS13) (15+). 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 that are in unemployment or the potential labour force. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.