Compensation of employees (current LCU) in Denmark
Denmark: Compensation of employees (current LCU) was 108.79 billion current LCU in 2024. ◆ Volatile
Latest (2024)
108.79 billion current LCU
Change on year
up 6.9%
World rank
72nd
of 156 countries
All-time high
108.79 billion current LCU
in 2024
All-time low
9.72 billion current LCU
in 1972
Years of data
53
1972–2024
Compensation of employees in Denmark, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Denmark is 108.79 billion current LCU, measured in 2024. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 36.7% over ten years.
Over the whole period, compensation of employees in Denmark peaked at 108.79 billion current LCU in 2024 and was at its lowest, 9.72 billion current LCU, in 1972.
Denmark ranks 72nd of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (current LCU) in Denmark, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 9.72 billion current LCU | — |
| 1973 | 10.61 billion current LCU | +9.2% |
| 1974 | 12.72 billion current LCU | +19.9% |
| 1975 | 14.76 billion current LCU | +16.1% |
| 1976 | 15.18 billion current LCU | +2.9% |
| 1977 | 16.33 billion current LCU | +7.5% |
| 1978 | 17.77 billion current LCU | +8.8% |
| 1979 | 19.48 billion current LCU | +9.6% |
| 1980 | 19.88 billion current LCU | +2.1% |
| 1981 | 22.84 billion current LCU | +14.9% |
| 1982 | 26.23 billion current LCU | +14.8% |
| 1983 | 28.48 billion current LCU | +8.6% |
| 1984 | 29.85 billion current LCU | +4.8% |
| 1985 | 31.13 billion current LCU | +4.3% |
| 1986 | 31.32 billion current LCU | +0.6% |
| 1987 | 33.94 billion current LCU | +8.3% |
| 1988 | 37.26 billion current LCU | +9.8% |
| 1989 | 38.70 billion current LCU | +3.9% |
| 1990 | 39.26 billion current LCU | +1.5% |
| 1991 | 39.18 billion current LCU | -0.2% |
| 1992 | 40.55 billion current LCU | +3.5% |
| 1993 | 43.13 billion current LCU | +6.4% |
| 1994 | 45.78 billion current LCU | +6.1% |
| 1995 | 42.33 billion current LCU | -7.5% |
| 1996 | 43.11 billion current LCU | +1.8% |
| 1997 | 43.65 billion current LCU | +1.2% |
| 1998 | 45.50 billion current LCU | +4.3% |
| 1999 | 49.11 billion current LCU | +7.9% |
| 2000 | 49.82 billion current LCU | +1.4% |
| 2001 | 51.12 billion current LCU | +2.6% |
| 2002 | 54.00 billion current LCU | +5.6% |
| 2003 | 54.19 billion current LCU | +0.3% |
| 2004 | 55.49 billion current LCU | +2.4% |
| 2005 | 54.77 billion current LCU | -1.3% |
| 2006 | 56.85 billion current LCU | +3.8% |
| 2007 | 66.17 billion current LCU | +16.4% |
| 2008 | 69.56 billion current LCU | +5.1% |
| 2009 | 73.66 billion current LCU | +5.9% |
| 2010 | 77.28 billion current LCU | +4.9% |
| 2011 | 77.33 billion current LCU | +0.1% |
| 2012 | 78.49 billion current LCU | +1.5% |
| 2013 | 79.27 billion current LCU | +1.0% |
| 2014 | 79.59 billion current LCU | +0.4% |
| 2015 | 80.82 billion current LCU | +1.5% |
| 2016 | 80.60 billion current LCU | -0.3% |
| 2017 | 81.53 billion current LCU | +1.2% |
| 2018 | 84.91 billion current LCU | +4.1% |
| 2019 | 87.48 billion current LCU | +3.0% |
| 2020 | 87.92 billion current LCU | +0.5% |
| 2021 | 95.24 billion current LCU | +8.3% |
| 2022 | 97.64 billion current LCU | +2.5% |
| 2023 | 101.81 billion current LCU | +4.3% |
| 2024 | 108.79 billion current LCU | +6.9% |
Denmark compared with similar countries
- Denmark's 108.79 billion current LCU is above the median for high income countries, which is 23.97 billion current LCU, 4.5× the median. (57 countries reporting)
- Denmark's 108.79 billion current LCU is above the median for Europe & Central Asia, which is 31.50 billion current LCU, 3.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.57 billion current LCU | 9.72 billion current LCU | 19.48 billion current LCU | 8 |
| 1980s | 29.96 billion current LCU | 19.88 billion current LCU | 38.70 billion current LCU | 10 |
| 1990s | 43.16 billion current LCU | 39.18 billion current LCU | 49.11 billion current LCU | 10 |
| 2000s | 58.56 billion current LCU | 49.82 billion current LCU | 73.66 billion current LCU | 10 |
| 2010s | 80.73 billion current LCU | 77.28 billion current LCU | 87.48 billion current LCU | 10 |
| 2020s | 98.28 billion current LCU | 87.92 billion current LCU | 108.79 billion current LCU | 5 |
Countries ranked near Denmark
More public sector data for Denmark
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 278.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 71.44 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 55.84 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in Denmark?
- Compensation of employees in Denmark was 108.79 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Denmark?
- The highest recorded value was 108.79 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Denmark?
- The lowest recorded value was 9.72 billion current LCU in 1972.
- How does Denmark rank for compensation of employees?
- Denmark ranks 72nd out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Denmark?
- Over the last ten years it is up 36.7%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.