In October 2023, Montenegrin incomes increased by 11.5%.

There have been joyful changes in the Montenegrin economy, which have led to a noticeable increase in wages. An analysis of the data for October 2023 indicates an impressive increase in citizens' incomes. According to the Statistical Office of Montenegro, the average gross income was €1,002, and net income (after taxes and contributions) was €803. This is an increase of 11.5% compared to the previous year.

To better understand this trend, let's look at which sectors of the economy Montenegrins receive the highest wages.

Agriculture, forestry and fishing – €736
In this branch of agriculture and forestry, workers can expect an average salary of €736. This highlights the importance of the agricultural and forestry sectors in the country's economy.

Mining industry – €1,051
The mining sector provides one of the highest salaries in the amount of €1,051. This indicates the important role of this industry in providing the country with resources.

Production – €640
Workers in the manufacturing sector receive an average salary of €640, which supports the country's industrial development.

Electricity, gas, steam and air conditioning – €1,232
In the electricity and gas sector, workers receive an impressive €1,232. This shows the importance of the energy industry.

Water supply, sewerage, waste management and reclamation – €683
Employees in the field of water supply and waste treatment receive an average income of €683.

Construction – €760
Workers in the construction industry can expect an average salary of €760.

Wholesale, retail trade and repair of motor vehicles and motorcycles – €664
The retail and repair sectors provide an average income of €664.

Transportation and storage – €763
Employees in the field of transportation and storage receive an average salary of €763.

Accommodation and catering activities – €747
In this area, the salary is €747.

Information and communication – €1,026
The information and communication sector stands out among others with €1,026.

Financial and insurance activities – €1,280
The financial and insurance sectors provide a high salary level of €1,280.

Real estate transactions – €954
Employees in the field of real estate transactions can expect an average salary of €954.

Professional, scientific and technical activities – €725
Employees in the professional, scientific and technical fields receive an average income of €725.

Administrative and support services – €650
The salary in this area is €650.

Public administration and defense; social security – €917
Employees in public administration and defense, as well as in the field of social security, receive an average income of €917.

Education – €805
Education workers can expect an average salary of €805.

Health and social work activities – €886
In this industry, the salary is €886.

Art, entertainment and recreation – €731
Employees in the arts, entertainment and leisure sectors earn an average income of €731.

These figures provide an overview of salaries in various sectors of Montenegro, reflecting the diversity and importance of each sector in the country's economy.