Mean and median income before social transfers (pensions excluded) in Montenegro
Montenegro: Mean and median income before social transfers (pensions excluded) was 5,496 Euro in 2023. ▲ Rising
Mean and median income before social transfers (pensions excluded) in Montenegro, 2013–2023
Source: Eurostat. Measured in Euro.
Analysis
Montenegro recorded 5,496 Euro for mean and median income before social transfers (pensions excluded) in 2023. That is the highest value across all 11 years on record.
The figure is up 23.5% on the previous year and up 63.7% over ten years.
Over the whole period, mean and median income before social transfers (pensions excluded) in Montenegro peaked at 5,496 Euro in 2023 and was at its lowest, 3,357 Euro, in 2013.
That places Montenegro 45th out of 47 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Mean and median income before social transfers (pensions excluded) in Montenegro, year by year
| Year | Euro | Change |
|---|---|---|
| 2013 | 3,357 Euro | — |
| 2014 | 3,372 Euro | +0.4% |
| 2015 | 3,466 Euro | +2.8% |
| 2016 | 3,547 Euro | +2.3% |
| 2017 | 3,752 Euro | +5.8% |
| 2018 | 3,873 Euro | +3.2% |
| 2019 | 3,929 Euro | +1.4% |
| 2020 | 4,130 Euro | +5.1% |
| 2021 | 4,011 Euro | -2.9% |
| 2022 | 4,451 Euro | +11.0% |
| 2023 | 5,496 Euro | +23.5% |
Montenegro compared with similar countries
- Montenegro's 5,496 Euro is below the median for Europe & Central Asia, which is 20,790 Euro, 26% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3,614 Euro | 3,357 Euro | 3,929 Euro | 7 |
| 2020s | 4,522 Euro | 4,011 Euro | 5,496 Euro | 4 |
Countries ranked near Montenegro
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 75.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 120.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 676.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0732 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,085 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is mean and median income before social transfers (pensions excluded) in Montenegro?
- Mean and median income before social transfers (pensions excluded) in Montenegro was 5,496 Euro in 2023, according to Eurostat.
- What is the highest mean and median income before social transfers (pensions excluded) recorded in Montenegro?
- The highest recorded value was 5,496 Euro in 2023.
- What is the lowest mean and median income before social transfers (pensions excluded) recorded in Montenegro?
- The lowest recorded value was 3,357 Euro in 2013.
- How does Montenegro rank for mean and median income before social transfers (pensions excluded)?
- Montenegro ranks 45th out of 47 countries with data for 2023.
- Is mean and median income before social transfers (pensions excluded) rising or falling in Montenegro?
- Over the last ten years it is up 63.7%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Eurostat, published as part of Mean and median income before social transfers (pensions excluded from social transfers) by age and sex. Statizoid updates them automatically from the source API.
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