In November 2024, three municipalities in Montenegro recorded average salaries exceeding 1,000 euros: Podgorica at 1,039 euros, Tivat at 1,243 euros, and Zeta at 1,159 euros, according to Monstat data.
The average salary, excluding taxes and contributions, was 993 euros, reflecting a 5.2% increase compared to October.
The average net salaries across municipalities in November were as follows:
- Andrijevica: 815 euros
- Bar: 928 euros
- Berane: 898 euros
- Bijelo Polje: 851 euros
- Budva: 983 euros
- Cetinje: 967 euros
- Danilovgrad: 870 euros
- Gusinje: 796 euros
- Herceg Novi: 911 euros
- Kolašin: 863 euros
- Kotor: 987 euros
- Mojkovac: 852 euros
- Nikšić: 969 euros
- Petnjica: 809 euros
- Plav: 869 euros
- Pljevlja: 983 euros
- Plužine: 928 euros
- Podgorica: 1,039 euros
- Rožaje: 855 euros
- Šavnik: 862 euros
- Tivat: 1,243 euros
- Tuzi: 814 euros
- Ulcinj: 849 euros
- Zeta: 1,159 euros
- Žabljak: 927 euros
The average net salary in November marked a 23% increase compared to the same month the previous year.
The average gross salary in November was recorded at 1,180 euros.
With consumer prices rising by 0.2% in November compared to October, real wages saw a 5% increase for the same period.
In terms of sector performance, the average salaries excluding taxes and contributions saw increases across various industries compared to October, notably in:
- Financial and insurance activities: +21.2%
- Real estate activities: +12.7%
- Manufacturing: +11.1%
- Information and communication: +8.9%
- Mining of ores and stones: +8%
- Construction: +7.9%
- Wholesale and retail trade, motor vehicle and motorcycle repair: +6.8%
- Other service activities: +6%
- Administrative and support service activities: +4.3%
- Accommodation and food services: +3.6%
There was also notable growth in the following sectors:
- Water supply, waste management, process control, waste disposal and related activities: +3.1%
- Health and social protection: +3.1%
- Arts, entertainment and recreation: +3.1%
- Professional, scientific and technical activities: +2.5%
- Transport and storage: +2.4%
- Electricity, gas, steam and air conditioning supply: +2%
- Public administration and defense, compulsory social security: +1.2%
However, the agriculture, forestry and fishing sector experienced a decline in average salaries, which dropped by 9.7%.
