The latest Compensation of employees in Montenegro was 3,335,121.11 000 EUR in 2024. That is up 412,897.38 000 EUR (+14.1%) from 2023.
3,335,121.11
000 EUR
2024
+412,897.38
latest Δ
19
Observations
2006–2024
Period
Over 2006–2024, Compensation of employees rose from 850,826.69 000 EUR to 3,335,121.11 000 EUR (+292.0% over the period).
Full historical data
| Period | Compensation of employees (000 EUR) |
|---|---|
| 2006 | 850,826.69 |
| 2007 | 972,328.07 |
| 2008 | 1,204,772.53 |
| 2009 | 1,266,870.96 |
| 2010 | 1,331,378.75 |
| 2011 | 1,384,143.91 |
| 2012 | 1,368,366.04 |
| 2013 | 1,273,733.85 |
| 2014 | 1,392,294.03 |
| 2015 | 1,476,617.65 |
| 2016 | 1,607,174.55 |
| 2017 | 1,733,714.75 |
| 2018 | 1,896,555.62 |
| 2019 | 2,007,766.71 |
| 2020 | 1,912,753.19 |
| 2021 | 2,025,839.16 |
| 2022 | 2,392,369.72 |
| 2023 | 2,922,223.73 |
| 2024 | 3,335,121.11 |
Source & Methodology
Source: MONSTAT (Statistical Office of Montenegro)
Indicator code: na.income.compensation_of_employees
Last updated: 2026-06-06 · Update frequency: annual
Verification: Verified official statistics, validated on ingest.