Montenegro’s economy is overly reliant on tourism and foreign-born workers. Home to just over 600,000 people, stunning mountains, and perhaps the most beautiful stretch of Adriatic coastline, Monteneg
Price and GDP growth
One of the trends that marked the previous period is the rise in prices. Inflation (measured by the consumer price index – CPI) increased by 10.1% in the first eight months of 2023 compared to the sam
Montenegro, Recent Economic Developments, Employment and Wages
The COVID-19 pandemic continued to bring uncertainties in 2021 for employment, and affected the labour market indicators. Restrictions in terms of mobility were in force at the beginning of the year,