News

09.04.2020
Average earnings (wages) February 2020

The average earnings (gross) in Montenegro in February 2020 are 785 Euro, while the average earnings without taxes and contributions (net) are 523 Euro. The average earnings without taxes and contributions (net) in February 2020 comparing to January 2020 decreased 0.2% while the average earnings without taxes and contributions (net) in February 2020 comparing to February 2019 increased 1.8 %. Having in mind that consumer prices in February 2020 comparing to January 2020 decreased 0.1%, the results is that real earnings without taxes and contributions (net) in the same period decreased 0.1%.

At the sector level the average earnings without taxes and contributions (net) in February 2020 compared to January 2020 increased in the following sectors: Education (2.3%), Administrative and support service activities (1.9%), Public administration and defence, compulsory social security (1.7%), Manufacturing (1.7%), Water supply, sewerage, waste management and remediation activities (1.2%), Agriculture, forestry and fishing (1.1%), Electrity, gas, steam and air conditioning supply (1.0%), Mining and quarrying (0.7%), Human health and social work activities (0.5%), Arts, entertainment and recreation (0.5%) while there were a decrease in the following sectors : Real estate activities (12.5%), Profesional, scientific and tehnical activities (3.3%), Transport and storage (2.9%), Information and communications (2.7%), Other service activities (2.2%), Financial and insurance activities (2.0%), Accommodation and food service activities (1.8%), Construction (0.4%) and Wholesale and retail trade (0.3%).
 

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