Wage bill as a percentage of GDP in Montenegro

Montenegro: Wage bill as a percentage of GDP was 9.6% in 2022. ▬ Flat

Latest (2022)
9.6%
Change on year
down 10.1%
World rank
74th
of 190 countries
All-time high
11.9%
in 2020
All-time low
8.7%
in 2008
Years of data
21
2002–2022

Wage bill as a percentage of GDP in Montenegro, 2002–2022

02.557.51012.52002201220222002: 10.82003: 112004: 11.32005: 10.42006: 10.82007: 10.72008: 8.72009: 10.22010: 10.92011: 11.12012: 11.52013: 10.92014: 112015: 10.52016: 10.62017: 10.22018: 9.62019: 9.42020: 11.92021: 10.72022: 9.6

Source: World Bank.

Analysis

Montenegro recorded 9.6% for wage bill as a percentage of gdp in 2022.

The figure is down 10.1% on the previous year and down 16.2% over ten years.

Over the whole period, wage bill as a percentage of gdp in Montenegro peaked at 11.9% in 2020 and was at its lowest, 8.7%, in 2008.

That places Montenegro 74th out of 190 countries with data for 2022, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.5% 8.7% 11.3% 8
2010s 10.6% 9.4% 11.5% 10
2020s 10.7% 9.6% 11.9% 3

Countries ranked near Montenegro

  1. 71 Serbia 9.8% compare
  2. 72 United Kingdom 9.7% compare
  3. 73 Ecuador 9.6% compare
  4. 75 Ukraine 9.3% compare
  5. 76 United States of America 9.3% compare
  6. 77 New Zealand 9.3% compare

See the full ranking of 190 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is wage bill as a percentage of gdp in Montenegro?
Wage bill as a percentage of gdp in Montenegro was 9.6% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Montenegro?
The highest recorded value was 11.9% in 2020.
What is the lowest wage bill as a percentage of gdp recorded in Montenegro?
The lowest recorded value was 8.7% in 2008.
How does Montenegro rank for wage bill as a percentage of gdp?
Montenegro ranks 74th out of 190 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Montenegro?
Over the last ten years it is down 16.2%. The long-run trend across the full record is flat.
Where does this Montenegro data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

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Wage bill as a percentage of GDP in Montenegro. Statizoid. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/wage-bill-as-a-percentage-of-gdp/montenegro/

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About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed