Salary More salary surveys - better salary data! Share this web site!

Average Salary - Denmark DENMARK SALARY

SALARY SURVEYS
1,307
Search
UPDATED
October 2021
About salary data?
CALCULATE YOUR OPTIMUM SALARY!
View Demo Report
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR

541,659 DKK

$88,440 USD

440,970 DKK

$72,000 USD

Gross income Net (after tax)

Average Salary / Denmark

Average salary in Denmark is 541,659 DKK per year. The most typical earning is 440,970 DKK. All data are based on 1,307 salary surveys. Salaries are different between men and women. Men receive an average salary of 570,714 DKK. Women receive a salary of 457,201 DKK.

The most paid careers are Engineers & Technicians III with average income 738,693 DKK and Management & Business with income 691,644 DKK.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 618,186 DKK. The second most paid education level is Masters Degree with salary of 559,530 DKK.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 755,891 DKK. Employees with 16-20 Years of experience receive 724,466 DKK.

Page Content

  • Different salary levels
  • Salaries by gender
  • Salaries by education
  • Salaries by experience
  • Salaries by age
  • Salaries by cities
  • Salaries by career groups and careers
  • View people's individual salaries
  • Build personal salary report

SALARY SURVEY DATA

Below are detailed salary data and charts based on salary surveys. All surveys have been added on this web site.

Levels / Denmark (Gross DKK)

Salary Levels (DKK) per Year Surveys Earning Percent
61,000 DKK - 91,999 DKK
5 100%
0.38%
92,000 DKK - 121,999 DKK
9 99.62%
0.69%
122,000 DKK - 152,999 DKK
14 98.93%
1.07%
153,000 DKK - 183,999 DKK
13 97.86%
0.99%
184,000 DKK - 213,999 DKK
14 96.86%
1.07%
214,000 DKK - 244,999 DKK
30 95.79%
2.3%
245,000 DKK - 275,999 DKK
37 93.5%
2.83%
276,000 DKK - 305,999 DKK
61 90.67%
4.67%
306,000 DKK - 336,999 DKK
62 86%
4.74%
337,000 DKK - 366,999 DKK
54 81.25%
4.13%
367,000 DKK - 397,999 DKK
71 77.12%
5.43%
398,000 DKK - 428,999 DKK
91 71.69%
6.96%
429,000 DKK - 458,999 DKK
98 64.73%
7.5%
459,000 DKK - 489,999 DKK
81 57.23%
6.2%
490,000 DKK - 520,999 DKK
78 51.03%
5.97%
521,000 DKK - 550,999 DKK
90 45.07%
6.89%
551,000 DKK - 581,999 DKK
64 38.18%
4.9%
582,000 DKK - 611,999 DKK
50 33.28%
3.83%
612,000 DKK - 642,999 DKK
41 29.46%
3.14%
643,000 DKK - 673,999 DKK
73 26.32%
5.59%
674,000 DKK - 703,999 DKK
26 20.73%
1.99%
704,000 DKK - 734,999 DKK
27 18.75%
2.07%
735,000 DKK - 765,999 DKK
27 16.68%
2.07%
766,000 DKK - 795,999 DKK
25 14.61%
1.91%
796,000 DKK - 826,999 DKK
19 12.7%
1.45%
827,000 DKK - 856,999 DKK
12 11.25%
0.92%
857,000 DKK - 887,999 DKK
10 10.33%
0.77%
888,000 DKK - 918,999 DKK
22 9.56%
1.68%
High salaries
919,000 DKK - 979,999 DKK
16 7.88%
1.22%
980,000 DKK - 1,040,999 DKK
19 6.66%
1.45%
1,041,000 DKK - 1,101,999 DKK
12 5.2%
0.92%
1,102,000 DKK - 1,163,999 DKK
22 4.28%
1.68%
1,164,000 DKK - 1,224,999 DKK
10 2.6%
0.77%
1,225,000 DKK - 1,285,999 DKK
0 n/a
1,286,000 DKK - 1,346,999 DKK
6 1.84%
0.46%
1,347,000 DKK - 1,408,999 DKK
3 1.38%
0.23%
1,409,000 DKK - 1,469,999 DKK
6 1.15%
0.46%
1,470,000 DKK - 1,530,999 DKK
1 0.69%
0.08%
1,531,000 DKK - 2,143,999 DKK
8 0.61%
0.61%

GET THE MOST FROM THIS WEB SITE

When you add your salary survey you get precise comparison between your salary and other salaries. Compare your salary & build your own salary report.

CALCULATE YOUR OPTIMUM SALARY!
View Demo Report

Gender / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Men 924 570,714 DKK
2 Women 328 457,201 DKK

Advertising

Education / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 118 618,186 DKK
2 Masters Degree 613 559,530 DKK
3 Bachelors Degree 451 523,977 DKK
4 Some College 75 466,718 DKK
5 High School 47 425,108 DKK
6 Bellow H. School 3 236,862 DKK

Experience / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 20+ Years 112 755,891 DKK
2 16-20 Years 91 724,466 DKK
3 12-16 Years 150 678,691 DKK
4 8-12 Years 281 586,509 DKK
5 4-8 Years 290 501,555 DKK
6 2-4 Years 174 416,748 DKK
7 0-1 Year 91 354,203 DKK
8 1-2 Years 118 343,657 DKK

Age / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 46-50 62 812,783 DKK
2 51-55 27 770,535 DKK
3 66-70 2 737,750 DKK
4 41-45 107 714,079 DKK
5 71-75 1 652,857 DKK
6 61-65 8 646,059 DKK
7 36-40 221 618,425 DKK
8 56-60 16 557,828 DKK
9 n/a 55 557,160 DKK
10 31-35 327 551,036 DKK
11 26-30 339 437,167 DKK
12 21-25 134 344,386 DKK
13 14-20 8 283,752 DKK

Work Type / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 25 644,117 DKK
2 Permanent 1,097 568,233 DKK
3 Contract 128 405,448 DKK
4 Part Time 57 291,114 DKK

Cities / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Gentofte 9 575,430 DKK
2 Esbjerg 38 565,692 DKK
3 Copenhagen 915 556,621 DKK
4 Odense 54 541,285 DKK
5 Frederiksberg 11 535,920 DKK
6 Aarhus 150 492,736 DKK
7 --Other-- 70 490,543 DKK
8 Aalborg 60 476,505 DKK

Career Groups / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Engineers & Technicians III 13 738,693 DKK
2 Management & Business 206 691,644 DKK
3 Health Care & Medical 8 669,259 DKK
4 Geography & Geodesy 1 668,573 DKK
5 Security & Fireguard 5 654,578 DKK
6 Military 5 652,018 DKK
7 Finance & Banking 79 624,188 DKK
8 Law 19 604,430 DKK
9 Health Care & Medical II 14 598,507 DKK
10 Insurance 4 585,799 DKK
11 Arts, Culture, Performance 5 575,883 DKK
12 Engineers & Technicians V 15 575,173 DKK
13 Manufacturing & Labor Workers 13 562,997 DKK
14 Accounting & Administration 37 550,258 DKK
15 IT & Programming II 93 541,267 DKK
16 IT & Programming 220 528,852 DKK
17 Logistics, Road, Railway 21 526,617 DKK
18 Engineers & Technicians 155 522,605 DKK
19 Aviation & Shipping 15 511,740 DKK
20 Human Resources 28 496,870 DKK
21 Marketing, Sales, Purchase 131 486,697 DKK
22 Engineers & Technicians IV 18 484,241 DKK
23 Engineers & Technicians II 10 461,794 DKK
24 Public Sector 7 459,528 DKK
25 Architect Constructions 24 441,993 DKK
26 Salesmen & Saleswomen 15 435,360 DKK
27 Education & University 42 428,464 DKK
28 Hotels & Tourism 11 408,829 DKK
29 Media 10 386,866 DKK
30 Construction & Labor Workers 11 384,134 DKK
31 Organization & Coordination 14 363,580 DKK
32 Making Design 15 362,533 DKK
33 Sports & Recreation 3 339,976 DKK
34 Customer Services 23 337,728 DKK
35 Automobile 3 313,732 DKK
36 Restaurants, Inns, Pubs 10 285,920 DKK
37 Fashion 1 285,822 DKK
38 Agriculture & Fishing 3 278,993 DKK

Careers / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Director 33 1,023,028 DKK
2 CEO 7 995,614 DKK
3 General Manager 16 931,802 DKK
4 Logistics Manager 6 862,398 DKK
5 Marketing Executive 6 741,002 DKK
6 Computer Architect 6 736,201 DKK
7 IT Manager 29 722,475 DKK
8 Finance Manager 17 686,303 DKK
9 Manager 36 682,959 DKK
10 Business Manager 8 678,825 DKK
11 Lead Developer 16 675,310 DKK
12 Product Manager 10 648,227 DKK
13 Technical Manager 9 621,934 DKK
14 Other Finance Career 12 613,366 DKK
15 Other IT Career 17 612,386 DKK
16 Corporate Counsel Lawyer 9 598,826 DKK
17 Other Engineer Career 9 595,800 DKK
18 Business Development Manager 20 595,561 DKK
19 Electrical Engineer Lead 14 594,557 DKK
20 Project Manager 24 578,841 DKK
21 Marketing Manager 28 568,815 DKK
22 Lawyer 7 567,639 DKK
23 Human Resources Manager 9 566,359 DKK
24 Business Marketing 8 558,159 DKK
25 Data-warehouse Engineer 8 550,846 DKK
26 IT Project Manager 33 548,439 DKK
27 Purchasing Manager 6 544,727 DKK
28 Electrical Engineer 18 538,303 DKK
29 Sales Manager 12 533,587 DKK
30 Research Engineer 19 512,004 DKK
31 C, C++ Developer 6 511,514 DKK
32 System Analyst 7 511,109 DKK
33 Software Engineer 23 496,674 DKK
34 Engineer 41 493,544 DKK
35 Mechanical Engineer 28 490,090 DKK
36 Software Developer 62 488,393 DKK
37 Human Resource 7 483,500 DKK
38 Energy Engineer 7 482,514 DKK
39 Mechanical Engineer Lead 8 479,402 DKK
40 Financial Analyst 20 472,769 DKK
41 Other Aviation & Shipping Career 6 463,160 DKK
42 Architect 20 458,132 DKK
43 Operations Manager 7 446,648 DKK
44 University Professor Assistant 7 438,037 DKK
45 Java Developer 10 437,302 DKK
46 IT Coordinator 9 433,125 DKK
47 Other Marketing Career 9 422,811 DKK
48 Other Management Career 16 421,482 DKK
49 Civil Engineer 6 409,043 DKK
50 Accountant 6 408,614 DKK
51 Purchaser 6 393,493 DKK
52 Other Education Career 11 375,401 DKK
53 Web Developer 13 374,512 DKK
54 PHP Developer 6 366,140 DKK
55 Other Sales Career 6 349,542 DKK
56 Marketing Coordinator 8 327,047 DKK
57 Cook 6 322,956 DKK
58 Marketing 18 307,901 DKK

MOST RECENT SALARY SURVEYS

CALCULATE YOUR OPTIMUM SALARY!
View Demo Report


Below are 50 most recent added salary surveys.


Project Procurement Manager

Added 29 August 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 2-4 Years Intermediate

469,995 DKK


Master

Added 28 August 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 16-20 Years Advanced

386,719 DKK


Sales Manager

Added 23 August 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 0-1 Year Intermediate

329,999 DKK


Offshore Production Technician

Added 22 August 2021
Cities Education Experience Knowledge Gross Salary
Esbjerg Bachelors Degree 2-4 Years Advanced

449,998 DKK


Ui/ux Designer

Added 18 August 2021
Cities Education Experience Knowledge Gross Salary
Aarhus Bachelors Degree 2-4 Years Advanced

299,995 DKK


Senior Manager

Added 16 August 2021
Cities Education Experience Knowledge Gross Salary
Aarhus Bachelors Degree 8-12 Years Advanced

699,998 DKK


Gastronomo

Added 09 July 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 2-4 Years Advanced

275,998 DKK


Postdoc

Added 01 July 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Doctorate Degree 2-4 Years Expert

499,999 DKK


Customer Service

Added 24 June 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen High School 1-2 Years Intermediate

299,995 DKK


Hr Specialist

Added 23 June 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 1-2 Years Intermediate

551,997 DKK


Manager

Added 01 April 2021
Cities Education Experience Knowledge Gross Salary
Esbjerg Bachelors Degree 20+ Years n/a

701,652 DKK


Mep Engineer

Added 31 March 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 12-16 Years n/a

714,556 DKK


Senior Project Manager

Added 22 March 2021
Cities Education Experience Knowledge Gross Salary
Aarhus Masters Degree 12-16 Years n/a

833,649 DKK


Lead Commercial Manager

Added 16 March 2021
Cities Education Experience Knowledge Gross Salary
Gentofte Masters Degree 12-16 Years n/a

821,737 DKK


Legal Counsel

Added 15 March 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 1-2 Years n/a

535,914 DKK


Japan Market Analyst

Added 03 March 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 0-1 Year n/a

190,548 DKK


Senior Software Engineer

Added 28 February 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen High School 8-12 Years n/a

691,730 DKK


Exchange And Returns

Added 28 February 2021
Cities Education Experience Knowledge Gross Salary
Aalborg Bachelors Degree 2-4 Years n/a

285,822 DKK


Renewable Consultnt

Added 28 February 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 4-8 Years n/a

545,836 DKK


Solution Architect

Added 25 February 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 16-20 Years n/a

793,949 DKK


Cyber Security Consultant

Added 22 February 2021
Cities Education Experience Knowledge Gross Salary
--Other-- Bachelors Degree 4-8 Years n/a

625,235 DKK


Architectural Engineer

Added 21 February 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 0-1 Year n/a

357,278 DKK


It Consultant

Added 17 February 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen High School 4-8 Years n/a

396,971 DKK


R&d Manager

Added 02 February 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Doctorate Degree 8-12 Years n/a

900,340 DKK


Senior It Developper

Added 02 February 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 12-16 Years n/a

635,157 DKK


Development Manager

Added 30 January 2021
Cities Education Experience Knowledge Gross Salary
Frederiksberg Masters Degree 8-12 Years n/a

571,645 DKK


Machine Learning Engineer

Added 28 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 4-8 Years n/a

714,556 DKK


Advocacy Specialist

Added 25 January 2021
Cities Education Experience Knowledge Gross Salary
Aarhus Masters Degree 4-8 Years n/a

696,691 DKK


International Tax And Transfer Pricing

Added 21 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 1-2 Years n/a

286,869 DKK


Tc Engineer

Added 18 January 2021
Cities Education Experience Knowledge Gross Salary
Aarhus Bachelors Degree 4-8 Years n/a

549,811 DKK


Digital Communications Specialist

Added 15 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 4-8 Years n/a

610,346 DKK


School Teacher

Added 14 January 2021
Cities Education Experience Knowledge Gross Salary
Gentofte High School 20+ Years n/a

446,593 DKK


Accounting Manager

Added 14 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 12-16 Years n/a

666,919 DKK


Counsel

Added 11 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 4-8 Years n/a

655,007 DKK


Researcher

Added 09 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Doctorate Degree 2-4 Years n/a

525,992 DKK


Consultent

Added 09 January 2021
Cities Education Experience Knowledge Gross Salary
Aarhus Bachelors Degree 0-1 Year n/a

434,687 DKK


Software Developer

Added 06 January 2021
Cities Education Experience Knowledge Gross Salary
Gentofte Bachelors Degree 8-12 Years n/a

601,263 DKK


Global Marketing Project Manager

Added 04 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 4-8 Years n/a

488,277 DKK


Global Marketing Project Manager

Added 04 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 4-8 Years n/a

488,277 DKK


Welder

Added 04 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen High School 4-8 Years n/a

459,112 DKK


Intelligence Officer

Added 04 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 12-16 Years n/a

1,034,916 DKK


Intelligence

Added 04 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 12-16 Years n/a

744,328 DKK


Operations Officer

Added 03 January 2021
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 4-8 Years n/a

446,593 DKK


Category Development Manager

Added 23 December 2020
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 4-8 Years n/a

792,008 DKK


Worker

Added 22 December 2020
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 0-1 Year n/a

258,390 DKK


Tem Leader

Added 20 December 2020
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 20+ Years n/a

774,008 DKK


Developer

Added 19 December 2020
Cities Education Experience Knowledge Gross Salary
Copenhagen Masters Degree 12-16 Years n/a

513,002 DKK


Analyst

Added 16 December 2020
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 2-4 Years n/a

477,001 DKK


Chief Innovation Officer

Added 12 December 2020
Cities Education Experience Knowledge Gross Salary
Copenhagen Bachelors Degree 8-12 Years n/a

1,620,023 DKK


Project Manager

Added 12 December 2020
Cities Education Experience Knowledge Gross Salary
Aarhus Bachelors Degree 20+ Years n/a

540,005 DKK

ECONOMY / Denmark

Introduction

Denmark is a country found in Europe. Its capital city is Copenhagen. The country has numerous islands and has some of the oldest monarchies in the world.  The country has a modern mixed economy characterized by comfortable living standards, foreign trade, and high government services. The country uses the Danish krone as its currency.

The article will help you learn about Denmark's economy. The main parts highlighted include the GDP growth, economic sectors, level of employment and unemployment, exports and imports, and the country's inflation CPI.

 

GDP

World Outlook Database estimates for Denmark nominal GDP for the year 2021 is around $ 371 billion. It was ranked as number thirty-six globally in the year 2020. The GDP in purchasing power parity is $ 355 billion giving it a rank of number fifty-one globally in the year 2020.

The estimates for nominal GDP per capita and GDP in terms of PPP in 2021 are $ 63,645 and $ 61,008, respectively.  Sweden has the 7th position for nominal GDP per capita and number ten for Purchasing power parity GDP per capita globally.

Denmark's GDP growth for the various economic sectors for the year 2021 was as follows.

·       1.6 percent for agriculture.

·       1.2 percent for manufacturing and mining.

·       14.4 percent for industries.

·       7.7 percent for utilities and construction.

·       75.2 percent for the service sector.

Denmark's GDP growth has been reducing over the years. The GDP growth for the year 2018 was 2.4 percent, while that for 2019 was 2.3 percent. The estimates for the year 2020 and 2021 were 4.5 percent and 3.5 percent respectively.

 

Economic sector

·       Agriculture sector

Agriculture is a minor contributor to Denmark’s economy.  Most of the lands are family-owned. Denmark has good soils which are highly fertilized, making it ideal for practicing farming. Some of the main products include Cereals, barley, turnips, oats, rye, and sugar beets.

Besides farming, Denmark also practices animal husbandry.  The animals kept include dairy and beef cattle, poultry, fur animals, and pigs.  The animals are mainly exported hence contributing to the country's economy.

Fishing is a major activity in Denmark hence making it one of the largest exporters of fish products.  The main species exported include flatfish and Salmon.

·       Manufacturing sector

The manufacturing sector makes a significant production in Denmark's economy. In the year 2017, the manufacturing sector contributed 1.2 percent of Denmark's GDP growth. The sector has also employed many people. The main manufacturing sectors include pharmaceuticals, food processing, metal product producers, machinery, and transport equipment industries.

·       Service sector

The service sector is the highest contributor to Denmark's economy. It has the largest GDP growth in the country and also employs the highest number of employees.  The percentage of the workforce by the service industry was about 79.9 percent in the year 2017.

Some of the service jobs offered in the country include education, health, and social services, public administration, and tourism. There are various parks in Copenhagen which attract a large number of tourists.

·       Natural resources

Denmark has limited resources; however, the main natural resources include oils and natural gas. The natural oils are found in the North Sea part of Denmark. The country also uses coal power plants to generate electricity. However, Denmark banned the use of power plants, and industries began using biofuel instead as it is environmentally friendly. Denmark exports more oil, gas, and electricity than it imports. The subsidizing of wind farms also facilitates the high production of electricity.

·       Transport services

Denmark has made huge investments in the building of roads. The bicycle was a popular means of transport in Denmark in the olden days. Major investments have been made to link the road and rail between Copenhagen and Malmo.  The main features in Denmark's transport sector are the bridges and many harbors.

Some of the bridges found in Denmark include the green belt, which connects Zealand and Funen, and Oresund, which links Copenhagen and Malmo. The most common means of transport is private vehicles.

 

Employment Sector

1.    Employment

Denmark's labor force in the year 2019 was 3,009,405. Statistics also show that by the year 2018, Denmark's employment rate was 77.5 percent. The service sector has the highest labor force. The second is the industry sector, third utilities and constructions, fourth agriculture, and finally the mining and quarrying sector. The average gross salary as of the year 2017 was $ 5,819 monthly.

2.     Unemployment

Denmark's unemployment as of August 2020 was 6.1 percent. The youths have the highest number of unemployed people accounting for 12.2 percent of the unemployment population.

 

Exports and Imports

Exports

In 2017, Denmark's exports were $ 113.6 billion, and the main exports include dairy products, fish, furniture, wind turbines, meat, meat products, and machinery and instruments. Denmark's main export partners include Germany, Sweden, United States, Norway, China, and the United Kingdom.

Imports

Denmark's imports for the year 2017 stood at $ 94.93 billion.  The main import partner is Germany as Denmark imports about 21.3 percent. Besides Germany, other import partners include Sweden, Netherlands, China, Norway, and Poland. The products imported include raw materials, chemicals, grains, foodstuffs, Consumer goods, and machinery and equipment.

 

Inflation

Denmark has relatively low inflation rates. The inflation rates for 2019 and 2020 were 0.7 percent, and 0.4 percent respectively. The main reason behind Denmark's low inflation rate is the food prices. The food prices are relatively low and weigh about 10.5 percent of the overall consumer price index.

 

Conclusion

Denmark has a massive economy. The country uses a modern mixed economy which facilitates comfortable living standards for the people. The service sector contributes to the highest GDP growth and it has also employed the largest workforce. The manufacturing sector comes second while the agricultural sector has the minimal contribution to the economy.  Denmark is the 7th largest for nominal gross per capita and the 10th largest for purchasing power per capita income. The country has low inflation due to the relatively low food prices.

The main industries contributing to Denmark's economy include wind turbines, iron and steel, food processing, manufacturing and processing, textiles, clothing, transportation equipment, electronics, furniture, and other wood products.

GET THE MOST FROM THIS WEB SITE

When you add your salary survey you get precise comparison between your salary and other salaries. Compare your salary & build your own salary report.

CALCULATE YOUR OPTIMUM SALARY!
View Demo Report

Advertising
© www.averagesalarysurvey.com
2011 - 2021
Home · About · Privacy policy · Site map · Xml - 20211025 · PT · ES · IT · DE · SL