Mean and median income before social transfers (pensions included in) in Montenegro
Montenegro: Mean and median income before social transfers (pensions included in) was 4,562 Euro in 2023. ▲ Rising
Mean and median income before social transfers (pensions included in) in Montenegro, 2013–2023
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for mean and median income before social transfers (pensions included in) in Montenegro is 4,562 Euro, measured in 2023. That is the highest value across all 11 years on record.
That represents a change of up 25.8% on the previous year and up 75.6% over ten years.
Over the whole period, mean and median income before social transfers (pensions included in) in Montenegro peaked at 4,562 Euro in 2023 and was at its lowest, 2,598 Euro, in 2013.
Montenegro ranks 45th of 47 countries on this measure, 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 included in) in Montenegro, year by year
| Year | Euro | Change |
|---|---|---|
| 2013 | 2,598 Euro | — |
| 2014 | 2,626 Euro | +1.1% |
| 2015 | 2,699 Euro | +2.8% |
| 2016 | 2,794 Euro | +3.5% |
| 2017 | 2,974 Euro | +6.4% |
| 2018 | 3,065 Euro | +3.1% |
| 2019 | 3,120 Euro | +1.8% |
| 2020 | 3,313 Euro | +6.2% |
| 2021 | 3,204 Euro | -3.3% |
| 2022 | 3,625 Euro | +13.1% |
| 2023 | 4,562 Euro | +25.8% |
Montenegro compared with similar countries
- Montenegro's 4,562 Euro is below the median for Europe & Central Asia, which is 16,477 Euro, 28% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2,839 Euro | 2,598 Euro | 3,120 Euro | 7 |
| 2020s | 3,676 Euro | 3,204 Euro | 4,562 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 included in) in Montenegro?
- Mean and median income before social transfers (pensions included in) in Montenegro was 4,562 Euro in 2023, according to Eurostat.
- What is the highest mean and median income before social transfers (pensions included in) recorded in Montenegro?
- The highest recorded value was 4,562 Euro in 2023.
- What is the lowest mean and median income before social transfers (pensions included in) recorded in Montenegro?
- The lowest recorded value was 2,598 Euro in 2013.
- How does Montenegro rank for mean and median income before social transfers (pensions included in)?
- Montenegro ranks 45th out of 47 countries with data for 2023.
- Is mean and median income before social transfers (pensions included in) rising or falling in Montenegro?
- Over the last ten years it is up 75.6%. 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 included in social transfers) by age and sex. Statizoid updates them automatically from the source API.
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