Compensation of employees in Denmark
Denmark: Compensation of employees was 108.79 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Denmark, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Denmark is 108.79 billion current LCU, measured in 2024. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 36.7% over ten years.
Over the whole period, compensation of employees in Denmark peaked at 108.79 billion current LCU in 2024 and was at its lowest, 9.72 billion current LCU, in 1972.
Denmark ranks 72nd of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.57 billion current LCU | 9.72 billion current LCU | 19.48 billion current LCU | 8 |
| 1980s | 29.96 billion current LCU | 19.88 billion current LCU | 38.70 billion current LCU | 10 |
| 1990s | 43.16 billion current LCU | 39.18 billion current LCU | 49.11 billion current LCU | 10 |
| 2000s | 58.56 billion current LCU | 49.82 billion current LCU | 73.66 billion current LCU | 10 |
| 2010s | 80.73 billion current LCU | 77.28 billion current LCU | 87.48 billion current LCU | 10 |
| 2020s | 98.28 billion current LCU | 87.92 billion current LCU | 108.79 billion current LCU | 5 |
Countries ranked near Denmark
More public sector data for Denmark
- Arms imports 427.00 million SIPRI trend indicator values (2024)
- Tax revenue 33.4% (2024)
- Taxes on income, profits and capital gains 51.4% (2024)
- Taxes on goods and services 31.4% (2024)
- Net investment in nonfinancial assets 1.7% (2024)
- Net lending (+) / net borrowing (-) 4.2% (2024)
- Interest payments 1.4% (2024)
- Grants and other revenue 15.9% (1994)
- Interest payments 1.4% (2023)
- Other taxes 4.2% (2024)
Frequently asked questions
- What is compensation of employees in Denmark?
- Compensation of employees in Denmark was 108.79 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Denmark?
- The highest recorded value was 108.79 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Denmark?
- The lowest recorded value was 9.72 billion current LCU in 1972.
- How does Denmark rank for compensation of employees?
- Denmark ranks 72nd out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Denmark?
- Over the last ten years it is up 36.7%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.