Employees in the financial and insurance industry received the highest average salary in Denmark in 2022. The average monthly salary in that industry amounted 65,000 Danish kroner that year. Employees in the information and communication industries earned on average 56,000 kroner per month, which was the second highest in Denmark. The lowest average salary was in the trade and transport industry, where it was around 41,500 Danish kroner per month.

Wages in Denmark increased to 47577.90 DKK/Month in 2023 from 45971.95 DKK/Month in 2022. This dataset provides - Denmark Average Wages in Private Sector Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In Denmark, the average monthly earnings increased by nearly 9,300 Danish kroner from 2010 to 2022. By 2022, the average monthly earnings in the country were 46,200 Danish kroner. The highest average monthly earnings are found in the financial and insurance sector.

People who held a doctorate (PhD) degree earned the highest average monthly salary in Denmark, reaching 67,000 Danish kroner in 2022. People with a master degree had the second highest earning education level in 2022 with almost 61,000 Danish kroner. Meanwhile, people with a primary education had the lowest average earnings in Denmark with around 34,000 Danish kroner per month.

Key information about Denmark Monthly Earnings

• Denmark Monthly Earnings stood at 6,905 USD in Dec 2023, compared with the previous figure of 6,496 USD in Dec 2022
• Denmark Monthly Earnings data is updated yearly, available from Dec 2009 to Dec 2023, with an average number of 6,602 USD
• The data reached the an all-time high of 7,084 USD in Dec 2021 and a record low of 5,886 USD in Dec 2015

CEIC converts Monthly Earnings into USD. Statistics Denmark provides Average Monthly Earnings in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings prior to 2013 are based on old sector classification.


Further information about Denmark Monthly Earnings

• In the latest reports, Denmark Population reached 6 million people in Dec 2020
• Unemployment Rate of Denmark dropped to 5 % in May 2023
• The country's Labour Force Participation Rate increased to 75 % in Oct 2024

Wages in Manufacturing in Denmark increased to 168.50 points in the first quarter of 2025 from 167.90 points in the fourth quarter of 2024. This dataset provides - Denmark Average Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In Denmark, there are major variations in the earning levels of people with different ancestries. Moreover, during the past 10 years, immigrants from western countries have overtaken people of Danish origin as the group with the highest average annual salaries. In 2022, Danish-born workers had average earnings of nearly ******* Danish kroner annually, compared to ******* kroner among the western migrants. Meanwhile, both immigrants and descendants of immigrants from non-western countries had the lowest annual salaries. Of the two, non-western descendants had the lowest average salaries, earning ******* Danish kroner in 2022. Average salaries of all groups of ancestry increased over the past decade.

Key information about Denmark Household Income per Capita

• Denmark Annual Household Income per Capita reached 47,692.897 USD in Dec 2023, compared with the previous value of 43,432.721 USD in Dec 2022.
• Denmark Annual Household Income per Capita data is updated yearly, available from Dec 2000 to Dec 2023, with an averaged value of 40,479.836 USD.
• The data reached an all-time high of 48,920.219 USD in Dec 2021 and a record low of 21,094.796 USD in Dec 2000.
• In the latest reports, Retail Sales of Denmark grew 0.373 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from Household Income and Total Population and converts it into USD. Statistics Denmark provides Household Income in local currency and Population. Federal Reserve Board average market exchange rate is used for currency conversions.

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Denmark. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Denmark, the median income for all workers aged 15 years and older, regardless of work hours, was $15,675 for males and $15,526 for females.

Based on these incomes, we observe a gender gap percentage of approximately 1%, indicating a significant disparity between the median incomes of males and females in Denmark. Women, regardless of work hours, still earn 99 cents to each dollar earned by men, highlighting an ongoing gender-based wage gap.

- Full-time workers, aged 15 years and older: In Denmark, among full-time, year-round workers aged 15 years and older, males earned a median income of $46,691, while females earned $39,911, resulting in a 15% gender pay gap among full-time workers. This illustrates that women earn 85 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the city of Denmark.

Remarkably, across all roles, including non-full-time employment, women displayed a similar gender pay gap percentage. This indicates a consistent gender pay gap scenario across various employment types in Denmark, showcasing a consistent income pattern irrespective of employment status.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Denmark median household income by race. You can refer the same here

Employees in the private sector in Denmark generally earn a higher average monthly salary than employees belonging to the public sector. In 2021, men in the private sector earned around 47,800 Danish kroner on average, while women in the private sector earned 42,400 kroner on average. Men also earned a higher monthly salary than women in the public sector that year. The highest average earnings in Denmark are found in the financial and insurance industry.

Denmark DK: Wages Index data was reported at 111.368 2010=100 in 2017. This records an increase from the previous number of 109.477 2010=100 for 2016. Denmark DK: Wages Index data is updated yearly, averaging 101.807 2010=100 from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 111.368 2010=100 in 2017 and a record low of 84.871 2010=100 in 2005. Denmark DK: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Denmark – Table DK.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.

The Average Salary chart presents a clear visualization of the salary progression for graduates from Denmark College from 2020 to 2023, illustrating the yearly average salary trends. Additionally, the chart compares these figures with the overall average salary trends of graduates from all schools, providing a comprehensive view of how Denmark College’s graduates stand in terms of earning potential relative to their peers nationwide. This data is crucial for prospective students assessing the ROI of their education at Denmark College.

Avg Monthly Earnings: Accommodation and Food Service Activities data was reported at 28,075.600 DKK in 2017. This records an increase from the previous number of 27,869.750 DKK for 2016. Avg Monthly Earnings: Accommodation and Food Service Activities data is updated yearly, averaging 27,788.600 DKK from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 28,075.600 DKK in 2017 and a record low of 27,444.220 DKK in 2013. Avg Monthly Earnings: Accommodation and Food Service Activities data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.G036: Average Monthly Earnings: Danish Industrial Classification 2007.

In 2022, food preparation assistants was the occupational group with the lowest average monthly salary in Denmark. That year, they earned just below ****** Danish kroner per month. Sales workers had the second lowest average salary at ****** kroner, followed by cleaners and helpers. By comparison, managers had the highest average salaries in the country, reaching ****** kroner.

Avg Monthly Earnings: Other Service Activities data was reported at 43,158.870 DKK in 2017. This records an increase from the previous number of 42,059.220 DKK for 2016. Avg Monthly Earnings: Other Service Activities data is updated yearly, averaging 41,443.230 DKK from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 43,158.870 DKK in 2017 and a record low of 41,079.340 DKK in 2015. Avg Monthly Earnings: Other Service Activities data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.G035: Average Monthly Earnings: Danish Industrial Classification 2007.

Denmark Avg Monthly Earnings: Transportation data was reported at 39,538.730 DKK in 2017. This records an increase from the previous number of 38,198.480 DKK for 2016. Denmark Avg Monthly Earnings: Transportation data is updated yearly, averaging 37,967.830 DKK from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 39,538.730 DKK in 2017 and a record low of 36,762.750 DKK in 2013. Denmark Avg Monthly Earnings: Transportation data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.G035: Average Monthly Earnings: Danish Industrial Classification 2007.

Denmark Avg Monthly Earnings: MR: Municipal data was reported at 42,318.750 DKK in 2017. This records an increase from the previous number of 41,330.470 DKK for 2016. Denmark Avg Monthly Earnings: MR: Municipal data is updated yearly, averaging 40,561.070 DKK from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 42,318.750 DKK in 2017 and a record low of 39,206.740 DKK in 2013. Denmark Avg Monthly Earnings: MR: Municipal data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.G035: Average Monthly Earnings: Danish Industrial Classification 2007.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Denmark town. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Denmark town. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Denmark town, the median household income stands at $103,681 for householders within the 45 to 64 years age group, followed by $98,472 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $37,794.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Denmark town median household income by age. You can refer the same here

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Denmark, WI, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 10,384, while the mean income for the highest quintile (20% of households with the highest income) is 218,921. This indicates that the top earners earn 21 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 310,674, which is 141.91% higher compared to the highest quintile, and 2991.85% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Denmark median household income. You can refer the same here

The Personal Income Tax Rate in Denmark stands at 55.90 percent. This dataset provides - Denmark Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.