Global CityIntelligence

Economy & jobs

Economy and jobs in Herceg Novi

Herceg Novi has a tourism-driven economy with strengths in tourism, hospitality and manufacturing.

Economy type
Tourism economy
Economy score
49/100

Economy overview

Herceg Novi has a tourism-driven economy with strengths in tourism, hospitality and manufacturing.

Herceg Novi, Montenegro is classified as a tourism economy in our deterministic economy index. These are planning estimates derived from country economic priors and existing city signals — not measured GDP or labour-market statistics. Data year 2025; last updated 2026-05-16.

Key industries

The sectors that most shape the local economy, derived deterministically from country and city signals.

Key industries

  • Tourism
  • Hospitality
  • Manufacturing

Employment outlook

The breadth of the labour market and where opportunities concentrate.

Employment outlook

Employment49/100
Job market48/100

Herceg Novi's labour market is developing, with opportunities concentrated in tourism and hospitality, manufacturing and technology.

Salary potential

Estimated pay levels and how far local incomes stretch against the cost of living.

Salary potential

Salary potential47/100
Affordability-adjusted income59/100

The affordability-adjusted income score combines estimated pay with the local cost of living, indicating how far a typical income stretches in Herceg Novi.

Business environment

Conditions for operating and growing a business locally.

Business environment

Business environment50/100

This reflects infrastructure, institutional capacity, and the scale of the local market relative to peer cities.

Startup ecosystem

How supportive the local ecosystem is for new ventures.

Startup ecosystem

Startup ecosystem43/100
Innovation45/100

The startup ecosystem in Herceg Novi is developing, supported by local business activity.

Remote work suitability

Suitability for remote and distributed work.

Remote work suitability

Remote work57/100
Remote job availability54/100

Herceg Novi offers limited infrastructure and amenities for remote professionals, with a remote-work score of 57/100.

Career opportunities

Overall career opportunity and how it breaks down by sector.

Career opportunities

Overall career opportunity48/100
Technology45/100
Healthcare43/100
Finance30/100
Manufacturing49/100
Tourism87/100
Education43/100

Economy score

A 0–100 composite of employment, salary, business environment, startups, innovation, remote work, and affordability-adjusted income. Used consistently across the platform.

Economy score

Economy score49/100
Employment49/100
Salary47/100
Business environment50/100
Startup ecosystem43/100
Innovation45/100
Remote work57/100

Jobs score

A 0–100 labour-market composite and its sector components.

Jobs score

Job market48/100
Technology45/100
Healthcare43/100
Finance30/100
Manufacturing49/100
Tourism87/100
Education43/100
Remote availability54/100
Career opportunity48/100

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