MONTENEGRO

Montenegro

THE OFFICIAL SALARY IN MONTENEGRO IN 2023:

Average salary – 940 euros per month

Minimum wage – 532.5 euros per month

Source: Tax Office and Statistical Office of Montenegro – poreskauprava.gov.me/monstat.org

Read more about wages in Montenegro here

Montenegro is located in South-Eastern Europe, in the west of the Balkan Peninsula. It shares borders with Croatia in the west, Bosnia and Herzegovina in the north-west, Serbia in the north-east, partly recognized by the Republic of Kosovo in the east, and Albania in the south-east.

INFORMATION ABOUT MONTENEGRO (2023) 
Population 628.3 thousand
Average life expectancy  77 years
Unemployment rate 19.2%
Inflation  15.1%
Area 13,812 km²
Form of government Dominant-party parliamentary
Income tax 9%
Capital Podgorica
Currency Euro
Official Language Montenegrin
Doing Business rank 50
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