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.

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.

Chief executives, senior officials, and legislators, is the occupational group in Denmark with the highest average monthly salaries. In 2022, people with this occupation earned 111,500 Danish kroner per month on average. Administrative and commercial managers, who had the second highest average salary, earned around 35,000 kroner less than the former group. Production and specialized services managers followed in third. By comparison, the average monthly earnings in the country was 45,000 Danish kroner in 2021.

In 2022, food preparation assistants was the occupational group with the lowest average monthly salary in Denmark. That year, they earned just below 28,000 Danish kroner per month. Sales workers had the second lowest average salary at 30,000 kroner, followed by cleaners and helpers. By comparison, managers had the highest average salaries in the country, reaching 78,000 kroner.

Forecast: Wages and Salaries in Business Services in Denmark 2024 - 2028 Discover more data with ReportLinker!

Wages in Manufacturing in Denmark decreased to 167.90 points in the fourth quarter of 2024 from 168.90 points in the third quarter of 2024. This dataset provides - Denmark Average Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Forecast: Wages and Salaries of Real Estate in Denmark 2024 - 2028 Discover more data with ReportLinker!

Forecast: Consumer Electronics Wages and Salaries in Denmark 2024 - 2028 Discover more data with ReportLinker!

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 248,000 Danish kroner annually, compared to 284,000 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 185,000 Danish kroner in 2022. Average salaries of all groups of ancestry increased over the past decade.

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.

Forecast: Carpets and Rugs Wages and Salaries in Denmark 2024 - 2028 Discover more data with ReportLinker!

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 Family Income: Primary Income: Wages and Salaries data was reported at 941,726,702.000 DKK th in 2016. This records an increase from the previous number of 912,722,557.000 DKK th for 2015. Denmark Family Income: Primary Income: Wages and Salaries data is updated yearly, averaging 811,493,295.000 DKK th from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 941,726,702.000 DKK th in 2016 and a record low of 606,688,748.000 DKK th in 2000. Denmark Family Income: Primary Income: Wages and Salaries data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.H009: Income Statistics: Family Income.

Forecast: Wages and Salaries in IT Services in Denmark 2022 - 2026 Discover more data with ReportLinker!

Forecast: Kitchen Furniture Wages and Salaries in Denmark 2022 - 2026 Discover more data with ReportLinker!

Denmark DK: All Education Staff Compensation: Total: % of Total Expenditure in Public Institutions data was reported at 73.749 % in 2014. This records an increase from the previous number of 73.537 % for 2013. Denmark DK: All Education Staff Compensation: Total: % of Total Expenditure in Public Institutions data is updated yearly, averaging 73.749 % from Dec 1998 (Median) to 2014, with 17 observations. The data reached an all-time high of 91.047 % in 2012 and a record low of 71.086 % in 2011. Denmark DK: All Education Staff Compensation: Total: % of Total Expenditure in Public Institutions data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Denmark – Table DK.World Bank.WDI: Education Statistics. All staff (teacher and non-teachers) compensation is expressed as a percentage of direct expenditure in public educational institutions (instructional and non-instructional) of the specified level of education. Financial aid to students and other transfers are excluded from direct expenditure. Staff compensation includes salaries, contributions by employers for staff retirement programs, and other allowances and benefits.; ; United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.; Median;

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Denmark, SC, 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 8,958, while the mean income for the highest quintile (20% of households with the highest income) is 101,219. This indicates that the top earners earn 11 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 129,999, which is 128.43% higher compared to the highest quintile, and 1451.21% 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

Denmark Personal Income data was reported at 1,518,464,354.000 DKK th in 2017. This records an increase from the previous number of 1,468,786,707.000 DKK th for 2016. Denmark Personal Income data is updated yearly, averaging 1,029,579,357.000 DKK th from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 1,518,464,354.000 DKK th in 2017 and a record low of 618,662,611.000 DKK th in 1991. Denmark Personal Income data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.H010: Income Statistics: Personal Income.

Disposable Personal Income in Denmark increased to 1385642.60 DKK Million in 2023 from 1311588.75 DKK Million in 2022. This dataset provides - Denmark Households Disposable Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Denmark - Labour cost index was 4.20 % year-on-year in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Labour cost index - last updated from the EUROSTAT on March of 2025. Historically, Denmark - Labour cost index reached a record high of 5.00 % year-on-year in June of 2024 and a record low of -0.40 % year-on-year in March of 2022.