NMW Montenegro 2020

Montenegro repeats minimum wage

In 2020, the national minimum wage in Montenegro remained fixed at 331.3 € per month, that is 3,976 euros per year, taking into account 12 payments per year.

Accordingly the national minimum wage has remained stable, while the CPI of 2019 which was, so workers have lost purchasing power in the last year.

If we look at the ranking of the national minimum wage that we publish, Montenegro is in 40 nd place, so it is among the countries with the lowest minimum salary of the 98 of the list.

The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.

In the table that follows we show you the progression of the National Minimum Wage Montenegro. You can see NMW in other countries in National Minimum Wage 2020 and see all the information about this country in Montenegro economy.

Montenegro - Minimum wages
DateNat. Curr. NMWNMWNMW
January 2020331.3372.2 $331.3 €
June 2019331.3369.5 $331.3 €
January 2019288.1329.8 $288.1 €
January 2018288.1345.5 $288.1 €
January 2017288.1303.6 $288.1 €
January 2016288.1313.6 $288.1 €
January 2015288.1349.7 $288.1 €
January 2014288.1397.3 $288.1 €
June 2013288.1374.6 $288.1 €
January 2013288.1380.1 $288.1 €
Montenegro - Minimum wages
Montenegro - Minimum wages