Labour Costs in Denmark increased to 106.86 points in the first quarter of 2021 from 106.02 points in the fourth quarter of 2020. source: European Central Bank

Labour Costs in Denmark averaged 87.02 points from 1990 until 2021, 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 July 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 2022 and 110.67 points in 2023, according to our econometric models.

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Denmark Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
106.86 106.02 109.72 66.81 1990 - 2021 points Quarterly
2010=100, SA

Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.50 6.20 2.40 percent [+]
Employed Persons 2722.00 2768.00 2798.00 2532.00 Thousand [+]
Unemployed Persons 115251.40 129160.30 165994.20 66578.30 [+]
Long Term Unemployment Rate 1.00 1.00 2.50 0.40 percent [+]
Youth Unemployment Rate 11.60 12.30 17.40 5.40 percent [+]
Labour Costs 106.86 106.02 109.72 66.81 points [+]
Productivity 113.51 111.70 113.51 82.79 points [+]
Wages 42592.14 41735.60 42592.14 35381.53 DKK/Month [+]
Wages in Manufacturing 147.80 147.00 147.80 66.00 points [+]
Population 5.82 5.81 5.82 4.57 Million [+]
Retirement Age Women 66.50 66.00 66.50 65.00 [+]
Retirement Age Men 66.50 66.00 66.50 65.00 [+]
Job Vacancies 33635.00 32845.00 37175.00 15507.00 [+]
Labor Force Participation Rate 69.90 69.80 72.80 67.70 percent [+]
Part Time Employment 637.80 627.30 748.00 480.80 Thousand [+]
Employment Change -0.70 0.50 1.30 -2.20 percent [+]
Employment Rate 66.00 65.90 70.20 63.00 percent [+]
Full Time Employment 2127.90 2120.50 2212.40 1922.90 Thousand [+]