Annually the average gross income in Copenhagen is around $79495, which leaves a net salary of $48941 after taxation. We and our partners use cookies to Store and/or access information on a device. A person working in Denmark typically earns around 40,600 DKK per month. Example:A graphics designer working for a graphics designing company. Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience. Employees in Denmark are likely to observe a salary increase of approximately 9% every 15 months. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. The tax rates in the country are extremely high, some going up to 50% for the top income earners and ranging between 38%- 45% for the low-income earners. 47% of surveyed staff in Denmark reported that they haven't received any bonuses or incentives in the previous year while 53% said that they received at least one form of monetary bonus. Average annual salary was $33,224 and median salary was $33,457. Around 75.3 % of the population is employed, meaning the chances of securing a well-paying job are high. The numbers seem to support this tactic. This led to Denmark having the highest share of taxes related to income and wealth, at 28.9% of GDP in 2019. Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. Highest salary at Denmark in year 2021 was $43,661. This is the average monthly salary including housing, transport, and other benefits. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. Hourly jobs pay per worked hour. Base Salary ( DKK) 10% DKK 23k MEDIAN DKK 305k 90% DKK 420k The average salary for a Graphic Designer is 304,757 Kr. The average, take home monthly salary in Denmark is around 2.950 Euros, which is some 10% more than it was last year. Statistics Denmark implements projects in other countries with the purpose to build up these countries capacity to produce statistics. The experience level is the most important factor in determining the salary. Siden 2011 har de danske myndigheder hvert r udarbejdet en liste over boligomrder, der karakteriseres som ghettoer. Manage Settings 50.2 per cent of the population are women. Includes 245 key indicators for Denmark, curated by CEIC analysts. These cookies are used to collect information about how you interact with our website and allow us to remember you. In our comparison over 68 countries, the USA comes 7th with an average income of 70,430 USD. The average salary for a journalist in a month is $6178. I 2018 tjente en 30-59-rig mandlig lnmodtager i gennemsnit 297 kr. This figure looks much lower as compared to other countries. Closely related to the median are two values: the 25th and the 75th percentiles. You can more in our article about cost of living in Copenhagen, Denmark. Moodys Analytics. Going by the most recent Big Mac Index, we can see that the cost of a Big Mac in Denmark averages out at roughly 32 Danish Kroner (DKK). Instead, there are collective agreements for the various fields of work regarding the minimum wage in Denmark. 1. The average age is 42.2 years - women are 43.0 years, and men are 41.3 years. This is the average monthly salary including housing, transport, and other benefits. The best paid positions in Denmark List of the best paid positions and their average monthly salary in Denmark (DKK). Salaries vary depending on experience level, industry and location. Compare Wages by Country Income and earnings The earnings statistics are used for comparisons of hourly og monthly wages. Economy Latest Trend Ranking; Composite leading indicator (CLI) Indicator 97.95 Amplitude adjusted Long-term average = 100 Sep-2022 Denmark Long-term average = 100 Household disposable income Indicator: 1.66 Gross Per capita, percentage change, previous period Comparison of the average salary of men and women in Denmark (DKK). Number of employees at Denmark in year 2021 was 9. The figures mentioned above are good approximations and are considered to be the standard. source: Danish Central Tax Administration 10Y 25Y 50Y MAX Chart Compare Export API Embed Denmark Personal Income Tax Rate Data related to income is collected monthly or annually from the Tax Authorities or Udbetaling Danmark, which pay out transfers in Denmark. A person working in Denmark typically earns around 40,600 DKK per month. I de almindelige opgrelser af personers indkomst ser man typisk p indkomsten i et bestemt r, men den rlige indkomst ndrer sig typisk igennem livsforlbet. Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors. The amount of the bonus will probably be different from person to person depending on their role within the organization. The average doctor gross salary in Denmark is 1.320.536 kr. If you are earning the average salary, it means you have the potential of making anywhere from 439,463. The most paid careers are Engineers & Technicians III with average income 893,979 DKK and Insurance with income 860,510 DKK. Denmark is one of the best countries to work in in the world. Workers at the junior level may receive a salary increase of 3-5% per year, mid-level workers at 4-7% and senior-level employees at 5-9%. At the same time, more leading roles like Software Architect, Team Lead, Tech Lead, or Engineering Manager can bring you a gross annual income of 80000 without bonuses.. What is the average salary in Denmark Get insights on the salary, benefits, education and job description. DKK 168 / hr. i timen, hvilket er 45 kr. Data is collected and published yearly. DKK 49KDKK 185K. A Master's degree program or any post-graduate program in Denmark costs anywhere from 203,000 Danish Krone(s) to 610,000 Danish Krone(s) and lasts approximately two years. You can expect revision with each historical update. The wages are broken down by component, as eg. / year Avg. The Danish Income Tax Rate In Denmark, residents pay multiple taxes to the state and their municipality. . Working 37 hours a week and four weeks a month, it relates to around $2507 per month. The minimum payment determining is per profession and involves bargaining agreements between trade unions and employers in the industries. Still, the most common wages have a minimum of 110DKK per hour, which is roughly around 16.22 US dollars. There is no minimum salary declared by the government in Copenhagen and throughout Denmark. The Danish income taxes have among the highest rates in the world. See the table below for more data. The earningsstatistics includes information about structure of earnings, which shows the level of earnings, and the indicies of average earnings used to follow the development in earnings over time, as well as income inequality. Non-residential - Commercial & Retail - Vacancy, Nominal Fixed Investment (gross fixed capital formation), Real Fixed Investment (gross fixed capital formation), http://www.dst.dk/en/Statistik/dokumentation/declarations/income-statistics.aspx. Median Hourly Rate: 219729.00 Kr . Denmark average salary is 29 percent lower than USA average and median salary is 23 percent lower than USA median. The expected minimum gross salary would be around $2507 per month. The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 Increase Frequency. If you wish to know more about earnings before tax - then you are probably interested in the earningsstatistics. Consolidated Fiscal Balance: % of GDP (%), Forecast: Government Expenditure (DKK bn), General Government: Overall Surplus (DKK mn), General Government Expenditure: Capital (DKK mn), General Government Expenditure: Current (DKK mn), General Government Revenue: Current: Taxes on Production and Imports: ow Value A (DKK mn), General Government Revenue: Current (DKK mn), Exports: Medicinal and Pharmaceutical Product (USD th), Imports: Medicinal and Pharmaceutical Product (USD th), Exports: sa: Live Animals, Food, Beverages and Tobacco (DKK mn), Exports: sa: Mineral Fuels, Lubricants and Related Materials (DKK mn), Exports: sa: Machinery excl Transport Equipment (DKK mn), Exports: sa: Transport Equipment (DKK mn), Exports: sa: Chemicals and Related Products (DKK mn), Exports: SITC: Food and Live Animals (DKK mn), Exports: SITC: Chemicals and Related Products (DKK mn), Imports: SITC: Beverages and Tobacco (DKK mn), Imports: SITC: Food and Live Animals (DKK mn), Foreign Portfolio Investment: % of GDP (%), Foreign Portfolio Investment: Equity Securities (USD mn), Foreign Portfolio Investment: Debt Securities (USD mn), Forecast: Current Account Balance (USD bn), Net International Investment Position (USD mn), BoP: Current Account: Goods and Services (DKK mn), BoP: Current Account: Primary Income (DKK mn), BoP: Current Account: Secondary Income (DKK mn), BoP: Current Account: Goods and Services: Services (DKK mn), Balance of Payments (BoP): Current Account (DKK mn), BoP: Current Account: Goods and Services: Goods f.o.b (DKK mn), BoP: FA: Assets: Portfolio Investments (DKK mn), BoP: FA: Liabilities: Other Investments (DKK mn), BoP: FA: Assets: Financial Derivatives (DKK mn), BoP: FA: Assets: Direct Investments (DKK mn), BoP: FA: Net Assets: Financial Derivatives (DKK mn), BoP: FA: Liabilities: Portfolio Investments (DKK mn), BoP: FA: Net Assets: Portfolio Investments (DKK mn), Balance of Payment (BoP): Financial Account (FA): Net Assets (DKK mn), BoP: FA: Net Assets: Reserve Assets (DKK mn), BoP: FA: Net Assets: Direct Investments (DKK mn), BoP: FA: Net Assets: Other Investments (DKK mn), BoP: FA: Liabilities: Direct Investments (DKK mn), International Investment Position (IIP): Liabilities (DKK mn), International Investment Position (IIP): Net (DKK mn), International Investment Position (IIP): Assets (DKK mn), Foreign Exchange Reserves: Months of Import (NA), Debt Service Ratio: Private Non-Financial Sector (%), Credit to Private Non-Financial Sector (USD bn), Official Reserve Assets: Foreign Currency Reserves (FC) (DKK bn), Payment Cards: Transactions: Value: Issued Abroad (DKK mn), Payment Cards: Transactions: Value: Issued in Denmark (DKK mn), Business Sentiment Indicator (1990-2018=100), Economic Sentiment Indicator (1990-2018=100), Tendency Survey: Confidence Indicator: Coming 3 Months: Manufacturing (Mfg) (%), Denmark Ind New Order Received Index: EX: MQ: Mfg: Other Non Metallic Mineral Pr (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: ON: Glass and Ceramic Good (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: ON: Tiles Brick, Cement and C (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: Basic & Fabric Metal Producti (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: Basic Metal (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: Machinery and Equipment (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: Electronic Component (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: Building of Ship and Boat (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: Transport Equipment excl Ship (2000=100), Denmark Ind New Order Received Index: EX: excl Oil and Gas Extraction (2000=100), Denmark Ind New Order Received Index: EX: Mfg: Electricity and Gas Supply (2000=100), Denmark Ind New Order Received Index: EX: Mfg: Energy Products (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: Furniture and Manufacturing n (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: Furniture (2000=100), Denmark Ind New Order Received Index: EX: MQ: Mfg: Toy and Jewellery (2000=100), Denmark Ind New Order Received Index: EX: Capital Good Industry excl Ship and Bo (2000=100), Denmark Ind New Order Received Index: EX: Capital Good Industry (2000=100), Denmark Ind New Order Received Index: EX: Intermediate Good Industry (2000=100), Denmark Ind New Order Received Index: EX: Mfg: Durable Consumer Good (2000=100), Denmark Ind New Order Received Index: EX: Mfg: Non Durable Consumer Good (2000=100), Denmark Ind New Order Received Index: Domestic (DO): Mining and Quarrying and Ma (2000=100), Denmark Ind New Order Received Index: DO: MQ: Industry excl Ship and Boat Repair (2000=100), Denmark Ind New Order Received Index: DO: MQ: Manufacturing (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Food, Beverage and Tobacco (F (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: FT: excl Operation of Dairies (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: FT: Meat and Meat Product (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: FT: Dairy Product (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: FT: Ice Cream (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: FT: Other Food Product (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: FT: Beverage (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: FT: Tobacco Product (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Textile (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Textile and Leather (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Wearing Apparel (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Leather and Footwear (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Wood and Wood Product (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Paper Production, Printing an (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: PP: Pulp, Paper and Paper Pro (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: PP: Publishing Activity excl (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: PP: Printing Activity (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Refined Petroleum Product (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Chemical (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Chemical: Chemical Raw Materi (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Chemical: Paint and Soap (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Chemical: Pharmaceutical (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Rubber and Plastic Product (R (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: RP: Rubber (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: RP: Plastic (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Other Non Metallic Mineral Pr (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: ON: Glass and Ceramic Good (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: ON: Tiles Brick, Cement and C (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Basic & Fabric Metal Producti (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Basic Metal (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Machinery and Equipment (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Electronic Component (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Building of Ship and Boat (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Transport Equipment excl Ship (2000=100), Denmark Ind New Order Received Index: DO: excl Oil and Gas Extraction (2000=100), Denmark Ind New Order Received Index: DO: Mfg: Electricity and Gas Supply (2000=100), Denmark Ind New Order Received Index: DO: Mfg: Energy Products (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Furniture and Manufacturing n (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Furniture (2000=100), Denmark Ind New Order Received Index: DO: MQ: Mfg: Toy and Jewellery (2000=100), Denmark Ind New Order Received Index: DO: Capital Good Industry excl Ship and Bo (2000=100), Denmark Ind New Order Received Index: DO: Capital Good Industry (2000=100), Denmark Ind New Order Received Index: DO: Intermediate Good Industry (2000=100), Denmark Ind New Order Received Index: DO: Mfg: Durable Consumer Good (2000=100), Denmark Ind New Order Received Index: DO: Mfg: Non Durable Consumer Good (2000=100), Denmark Ind New Order Received Index: sa: Mining and Quarrying and Manufacturing (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mining and Quarrying (2000=100), Denmark Ind New Order Received Index: sa: MQ: Industry excl Ship and Boat Repair (2000=100), Denmark Ind New Order Received Index: sa: MQ: Manufacturing (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Food, Beverage and Tobacco (F (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: FT: excl Operation of Dairies (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: FT: Meat and Meat Product (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: FT: Dairy Product (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: FT: Ice Cream (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: FT: Other Food Product (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: FT: Beverage (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: FT: Tobacco Product (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Textile (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Textile and Leather (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Wearing Apparel (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Leather and Footwear (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Wood and Wood Product (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Paper Production, Printing an (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: PP: Pulp, Paper and Paper Pro (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: PP: Publishing of Newspapers (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: PP: Publishing Activity excl (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: PP: Printing Activity (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Refined Petroleum Product (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Chemical (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Chemical: Chemical Raw Materi (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Chemical: Paint and Soap (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Chemical: Pharmaceutical (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: Rubber and Plastic Product (R (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: RP: Rubber (2000=100), Denmark Ind New Order Received Index: sa: MQ: Mfg: RP: Plastic (2000=100), Industrial Turnover Index: 2000=100: Domestic, Industrial Turnover Index: 2010=100: Domestic, Retail Trade Index: by Commodity: 2005=100, Retail Trade Index: by Industry: 2005=100, Industrial Turnover Index: 2005=100: Domestic, Retail Trade Index: by Industry: 2000=100, Retail Trade Index: by Industry: 2010=100.
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