Labour Costs in Denmark decreased to 105.44 points in the third quarter of 2020 from 109.72 points in the second quarter of 2020. source: European Central Bank

Labour Costs in Denmark averaged 86.70 points from 1990 until 2020, reaching an all time high of 109.72 points in the second quarter of 2020 and a record low of 66.81 points in the first quarter of 1995. This page provides - Denmark Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Labour Costs - values, historical data and charts - was last updated on January of 2021.

Labour Costs in Denmark is expected to be 109.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Denmark to stand at 109.87 in 12 months time. In the long-term, the Denmark Labour Costs is projected to trend around 110.44 points in 2021 and 110.67 points in 2022, according to our econometric models.

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Denmark Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
105.44 109.72 109.72 66.81 1990 - 2020 points Quarterly
2010=100, SA

Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.60 6.20 2.40 percent [+]
Employed Persons 2748.00 2733.00 2798.00 2532.00 Thousand [+]
Unemployed Persons 127737.90 130929.10 165994.20 66578.30 [+]
Long Term Unemployment Rate 1.00 0.90 2.50 0.40 percent [+]
Youth Unemployment Rate 12.90 12.30 17.40 5.40 percent [+]
Labour Costs 105.44 109.72 109.72 66.81 points [+]
Productivity 110.86 105.13 112.59 82.79 points [+]
Wages 41735.60 40953.70 41735.60 35381.53 DKK/Month [+]
Wages in Manufacturing 147.10 147.70 147.70 66.00 points [+]
Population 5.81 5.78 5.81 4.57 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Job Vacancies 34750.00 34305.00 37201.00 15507.00 [+]
Labor Force Participation Rate 69.90 69.70 72.80 67.70 percent [+]
Part Time Employment 627.30 655.30 748.00 480.80 Thousand [+]
Employment Change -3.10 0.00 1.30 -3.10 percent [+]
Employment Rate 65.80 65.60 70.20 63.00 percent [+]
Full Time Employment 2120.50 2076.30 2212.40 1922.90 Thousand [+]