Wages in Denmark increased to 41735.60 DKK/Month in 2018 from 40953.70 DKK/Month in 2017.

Wages in Denmark averaged 38720.83 DKK/Month from 2009 until 2018, reaching an all time high of 41735.60 DKK/Month in 2018 and a record low of 35381.53 DKK/Month in 2009. This page provides - Denmark Average Wages in Private Sector Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Standardized Monthly Earnings - values, historical data and charts - was last updated on August of 2020. source: Statistics Denmark

Wages in Denmark is expected to reach 43200.00 DKK/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Standardized Monthly Earnings is projected to trend around 44000.00 DKK/Month in 2021, according to our econometric models.

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Denmark Standardized Monthly Earnings

Actual Previous Highest Lowest Dates Unit Frequency
41735.60 40953.70 41735.60 35381.53 2009 - 2018 DKK/Month Yearly

Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.60 6.20 2.40 percent [+]
Employed Persons 2767.00 2798.00 2798.00 2532.00 Thousand [+]
Unemployed Persons 154602.50 158669.60 165994.20 66578.30 [+]
Long Term Unemployment Rate 0.90 0.90 2.50 0.40 percent [+]
Youth Unemployment Rate 12.10 11.40 17.40 5.40 percent [+]
Labour Costs 103.94 101.58 104.42 66.81 points [+]
Productivity 111.50 112.38 112.59 82.79 points [+]
Wages 41735.60 40953.70 41735.60 35381.53 DKK/Month [+]
Wages in Manufacturing 144.90 144.20 144.90 66.00 points [+]
Population 5.81 5.78 5.81 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 34487.00 36644.00 37228.00 15507.00 [+]
Labor Force Participation Rate 68.90 68.50 72.80 67.70 percent [+]
Part Time Employment 651.70 669.40 748.00 480.80 Thousand [+]
Employment Change 0.00 0.30 1.30 -1.60 percent [+]
Employment Rate 64.90 65.00 70.20 63.00 percent [+]
Full Time Employment 2114.20 2127.30 2212.40 1922.90 Thousand [+]


Denmark Standardized Monthly Earnings
In Denmark, wages are benchmarked using the average salary.