Labour cost index by NACE Rev. 2 activity - country weights in Denmark
Denmark: Labour cost index by NACE Rev. 2 activity - country weights was 20.6 in 2024. ▼ Falling
Latest (2024)
20.6
Change on year
down 0.5%
World rank
18th
of 42 countries
All-time high
22.8
in 2010
All-time low
20.3
in 2014
Years of data
17
2008–2024
Labour cost index by NACE Rev. 2 activity - country weights in Denmark, 2008–2024
Source: Eurostat.
Analysis
The most recent figure for labour cost index by nace rev. 2 activity - country weights in Denmark is 20.6, measured in 2024.
That represents a change of down 0.5% on the previous year and up 1.5% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in Denmark peaked at 22.8 in 2010 and was at its lowest, 20.3, in 2014.
Denmark ranks 18th of 42 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Labour cost index by NACE Rev. 2 activity - country weights in Denmark, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 22 | — |
| 2009 | 22.3 | +1.4% |
| 2010 | 22.8 | +2.2% |
| 2011 | 21.7 | -4.8% |
| 2012 | 21 | -3.2% |
| 2013 | 21.4 | +1.9% |
| 2014 | 20.3 | -5.1% |
| 2015 | 20.5 | +1.0% |
| 2016 | 21.5 | +4.9% |
| 2017 | 21.4 | -0.5% |
| 2018 | 21.2 | -0.9% |
| 2019 | 21.1 | -0.5% |
| 2020 | 21.5 | +1.9% |
| 2021 | 20.5 | -4.7% |
| 2022 | 20.5 | +0.0% |
| 2023 | 20.7 | +1.0% |
| 2024 | 20.6 | -0.5% |
Denmark compared with similar countries
- Denmark's 20.6 is above the median for Europe & Central Asia, which is 13.1, 1.6× the median. (29 countries reporting)
- Denmark's 20.6 is above the median for high income countries, which is 12.6, 1.6× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.15 | 22 | 22.3 | 2 |
| 2010s | 21.29 | 20.3 | 22.8 | 10 |
| 2020s | 20.76 | 20.5 | 21.5 | 5 |
Countries ranked near Denmark
More work & labour data for Denmark
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.1261 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1196 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1326 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.51 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.3351 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,829 1000 No (2050)
- Population - Est. & Proj. — Rural population 485.03 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,899 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,964 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,863 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in Denmark?
- Labour cost index by nace rev. 2 activity - country weights in Denmark was 20.6 in 2024, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Denmark?
- The highest recorded value was 22.8 in 2010.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Denmark?
- The lowest recorded value was 20.3 in 2014.
- How does Denmark rank for labour cost index by nace rev. 2 activity - country weights?
- Denmark ranks 18th out of 42 countries with data for 2024.
- Is labour cost index by nace rev. 2 activity - country weights rising or falling in Denmark?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is falling.
- Where does this Denmark data come from?
- The figures come from Eurostat, published as part of Labour cost index by NACE Rev. 2 activity - country weights. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).