News

16.03.2020
Average earnings (wages) January 2020

The average earnings (gross) in Montenegro in January 2020 are 787 Euro, while the average earnings without taxes and contributions (net) are 524 Euro. The average earnings without taxes and contributions (net) in January 2020 comparing to December 2019 increased 0.8% while the average earnings without taxes and contributions (net) in January 2020 comparing to January 2019 increased 2.1 %. Having in mind that consumer prices in January 2020 comparing to December 2019 increased 0.1%, the results is that real earnings without taxes and contributions (net) in the same period increased 0.7%.
 

At the sector level the average earnings without taxes and contributions (net) in January 2020 compared to December 2019 increased in the following sectors: Profesional, scientific and tehnical activities (7.7%), Education (5.0%), Administrative and support service activities (4.8%), Real estate activities (4.8%), Manufacturing (3.8%), Electrity, gas, steam and air conditioning supply (3.0%), Construction (2.8%), Wholesale and retail trade (1.6%), Human health and social work activities (1.4%), Agriculture, forestry and fishing (0.2%), while there were a decrease in the following sectors : Other service activities (10.6%), Information and communications (6.2%), Financial and insurance activities (3.6%), Water supply, sewerage, waste management and remediation activities (3.2%), Public administration and defence, compulsory social security (2.0%), Transport and storage (1.2%), Mining and quarrying (1.0%), Arts, entertainment and recreation (0.5%) and Accommodation and food service activities 0.2%). 

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