Intensive process of demographic change on the territory of the Northern region of Montenegro began in the second half of the twentieth century. Socio -economic development contemplated the territory has is caused decrease of population. While the mainly urban settlements demographic strengthened, rural settlements are stagnant or very little magnified its demographic balance. Migration balance in the Northern region of Montenegro in the period 2003 -2011, shows a negative trend and amounted to -17.161. The aging population is a particular problem which greatly affects economic development. The working population in the period 2003-2011 year was decreased by -4.7 %. During the last decade of the twentieth century is considered the geographical space is went through a phase transition when is shut down a large number of industrial giants. As a result have occurred changes that have caused disturbances in some important segments of are the population. Based on analysis of the number of MMS companies, entrepreneurs and number of workers it can be concluded that the current measures and incentives aimed at balanced regional development of Montenegro, especially in times of economic crisis, have not yielded the expected results.