Denmark Standardized Monthly Earnings - Forecast

Wages in Denmark is expected to be 40151.06 DKK/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Standardized Monthly Earnings is projected to trend around 40554.06 DKK/Month in 2020, according to our econometric models.


Denmark Standardized Monthly Earnings
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Denmark Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.2 4.5 4.5 4.6 4.7 5
Employed Persons 2759 2730 2729 2731 2729 2706
Unemployed Persons 112954 129838 129838 129838 129838 129838
Long Term Unemployment Rate 1.2 1.13 1.16 1.16 1.17 1.3
Youth Unemployment Rate 10 10.42 10.39 10.41 10.44 10.69
Productivity 126 126 126 126 126 125
Labour Costs 107 107 107 107 106 105
Wages 40102 40151 40262 40373 40484 40554
Wages in Manufacturing 137 138 138 138 138 137
Population 5.75 5.8 5.8 5.8 5.8 5.89
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Job Vacancies 32789 31392 32622 31730 30751 29771
Labor Force Participation Rate 68.6 68.62 68.7 68.77 68.84 69.43
Part Time Employment 670 678 681 677 675 660
Employment Change 0.4 0.25 0.23 0.22 0.2 0.12
Employment Rate 64.8 64.74 64.79 64.85 64.91 65.5
Full Time Employment 2088 2041 2044 2068 2067 2062