The unemployment rate in Denmark stood at 3.7 percent in January 2019, unchanged from a downwardly revised figure in the previous month. It remained the lowest jobless rate since February 2009, as the number of unemployed decreased by 1363 to 102.7 thousand. Unemployment Rate in Denmark averaged 4.72 percent from 2007 until 2019, reaching an all time high of 6.20 percent in August of 2010 and a record low of 2.40 percent in May of 2008.

Unemployment Rate in Denmark is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Denmark to stand at 4.20 in 12 months time. In the long-term, the Denmark Unemployment Rate is projected to trend around 5.10 percent in 2020, according to our econometric models.

Denmark Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-30 07:00 AM Unemployment Rate 3.9% 3.9% 3.8%
2019-01-04 07:00 AM Unemployment Rate 3.9% 3.9% 3.80%
2019-01-31 07:00 AM Unemployment Rate 3.8% 3.8% 4.00%
2019-02-28 07:00 AM Unemployment Rate 3.7% 3.7% 3.8%
2019-03-29 07:00 AM Unemployment Rate 3.7% 3.7%
2019-05-03 06:00 AM Unemployment Rate 3.7%
2019-05-29 06:00 AM Unemployment Rate 3.8%


Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.70 6.20 2.40 percent [+]
Employed Persons 2799.00 2801.00 2838.00 2579.00 Thousand [+]
Unemployed Persons 102654.60 104018.00 165994.20 66578.30 [+]
Long Term Unemployment Rate 0.90 1.00 2.50 0.40 percent [+]
Youth Unemployment Rate 9.40 8.70 17.40 5.40 percent [+]
Productivity 108.12 127.81 131.29 99.02 Index Points [+]
Labour Costs 107.91 108.03 108.77 68.86 Index Points [+]
Wages 40953.70 40101.77 40953.70 35381.53 DKK/Month [+]
Wages in Manufacturing 140.40 140.50 141.50 66.00 Index Points [+]
Population 5.78 5.75 5.78 4.57 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Job Vacancies 36274.00 35063.00 36274.00 15507.00 [+]
Labor Force Participation Rate 69.60 69.30 72.80 67.70 percent [+]
Part Time Employment 659.60 699.40 748.00 480.80 Thousand [+]
Employment Change 0.30 0.40 1.30 -1.60 percent [+]
Employment Rate 66.10 65.80 70.20 63.00 percent [+]
Full Time Employment 2140.80 2094.50 2212.40 1922.90 Thousand [+]


Denmark Unemployment Rate

In Denmark, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Denmark Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.70 6.20 2.40 2007 - 2019 percent Monthly
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Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 13.50 Dec/18
Brazil 12.00 Jan/19
Italy 10.50 Jan/19
Argentina 9.00 Sep/18
France 8.80 Dec/18
Euro Area 7.80 Jan/19
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Feb/19
Indonesia 5.34 Sep/18
Australia 5.00 Jan/19
Russia 4.90 Feb/19
United Kingdom 3.90 Jan/19
China 3.80 Dec/18
United States 3.80 Feb/19
South Korea 3.70 Feb/19
Mexico 3.60 Jan/19
Netherlands 3.60 Jan/19
Germany 3.20 Jan/19
Switzerland 2.70 Feb/19
Japan 2.50 Jan/19
Singapore 2.20 Dec/18


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