The highest-paid workers in Montenegro are employed in the financial and insurance sector. According to data from the statistical office Monstat, the average salary in this sector was 960 euros, which is 436 euros more than the national average.
At the same time, the highest salaries in this sector are on average 40 euros lower than in the pre-crisis year of 2019. Nearly four thousand workers are employed in this field.
In 2020, salaries rose the most for healthcare and social welfare workers — by 12.7 percent to 630 euros.
In the electricity supply sector, salaries increased by 6.75 percent and in 2020 amounted to 916 euros. In information and communication activities, which employ more than five thousand people, wages fell from 732 euros to 697, while workers related to real estate earned 694 euros per month, and miners — 703 euros.
In public administration, the second-largest sector, salaries in 2020 were at the level of two years earlier — 601 euros. According to statisticians, wage growth is noticeable in the education sector. Teachers' salaries rose by 8.43 percent and in 2020 amounted to 540 euros.
In the transport and storage sector, where more than 11,000 employees work, the monthly salary was 533 euros, while salaries in agriculture, forestry and fishing fell by more than 10 percent, primarily to 521 euros.
More than five thousand workers in arts, entertainment and recreation received 414 euros per month, the same as in the manufacturing sector. The consequences of the coronavirus pandemic are most strongly felt in accommodation and food service activities, whose workers earn 392 euros per month, which is 8.62 percent less than in 2019. They have also changed little and amount to 384 euros, and in administrative and support service activities 354 euros.
The average salary in Montenegro in 2020 amounted to 524 euros, which is nine euros more and only 1.74 percent.