Makrognosis

Denmark Average Hourly Earnings

QuarterlySeasonally adjustedCode DK.AHE.Q.SA

Latest (y/y)3.7%Q2 2026
Previous (y/y)2.6%Q1 2026
Level117.9Q2 2026

Denmark Average Hourly Earnings was up 3.7% year on year in Q2 2026, compared with 2.6% in Q1 2026.

The level stood at 117.9 (Index 2020=100).

That is the highest reading since Q1 2025.

Among the 21 economies Makrognosis covers on this measure, it is the 10th highest.

Over the past ten years it has ranged from 0.4% (Q2 2021) to 4.9% (Q2 2024), averaging 2.4%.

Denmark Average Hourly Earnings, annual % change, Q1 2015 – Q2 20260%1%2%3%4%5%201620182020202220242026Robomacro
Denmark Average Hourly Earnings, annual % change, Q1 2015 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).
Denmark Average Hourly Earnings, level (Index 2020=100)80901001101202014201620182020202220242026Robomacro
Denmark Average Hourly Earnings, level (Index 2020=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026117.93.7
Q1 2026116.52.6
Q4 2025115.62.6
Q3 2025115.02.5
Q2 2025113.71.4
Q1 2025113.54.0
Q4 2024112.74.3
Q3 2024112.24.1
Q2 2024112.14.9
Q1 2024109.12.5
Q4 2023108.12.0
Q3 2023107.82.8
Q2 2023106.92.6
Q1 2023106.43.1
Q4 2022106.03.3
Q3 2022104.92.4
Q2 2022104.22.4
Q1 2022103.21.2
Q4 2021102.62.6
Q3 2021102.43.1
Q2 2021101.80.4
Q1 2021102.02.7
Q4 2020100.01.6
Q3 202099.301.5

Last 24 observations. The full history (50 observations) is available through the API.

Get Denmark Average Hourly Earnings in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/DK.AHE.Q.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/DK.AHE.Q.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 2014
Observations50
FrequencyQuarterly
UnitsIndex 2020=100
AdjustmentSeasonally adjusted
10-year high4.9% (Q2 2024)
10-year low0.4% (Q2 2021)
10-year average2.4%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeDK.AHE.Q.SA

Average Hourly Earnings: how Denmark compares

#EconomyPeriodLatest
1BulgariaQ2 202610.5%
2HungaryQ2 20268.1%
3EstoniaQ2 20266.1%
4Czech RepublicQ2 20265.6%
5PolandQ2 20265.5%
6PortugalQ2 20265.5%
7NorwayQ2 20264.6%
8SpainQ2 20264.2%
9IrelandQ2 20264.0%
10DenmarkQ2 20263.7%
11BrazilQ3 20263.4%
12AustriaQ2 20263.4%
13AustraliaQ2 20263.2%
14United StatesQ4 20263.1%
15FinlandQ2 20263.1%
16SwedenQ2 20263.0%
17NetherlandsQ2 20262.9%
18GermanyQ2 20262.8%
19FranceQ2 20262.1%
20ItalyQ2 20262.1%
21RomaniaQ2 20261.8%

Average Hourly Earnings by country: all 21 economies ranked →

Other Denmark indicators

Denmark GDP (Gross Domestic Product)Denmark GDP at current prices, SADenmark Inflation Rate (CPI)Denmark Core Inflation RateDenmark Unemployment RateDenmark 10-Year Government Bond YieldDenmark Credit Rating & Sovereign Risk ScoreDenmark Industrial ProductionDenmark Retail SalesDenmark Producer Price Inflation (PPI)Denmark Current Account Balance NSA (mill. DKK)Denmark Current account balance, % of GDPDenmark Trade Balance: Goods & ServicesDenmark Exports of Goods and Services NSA (mill. DKK)Denmark Imports of Goods and Services NSA (mill. DKK)Denmark Government Debt to GDP

FAQ

What is the current average Hourly Earnings in Denmark?
The latest reading is 3.7% year on year for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code DK.AHE.Q.SA.

Last updated 2026-10-11. Source: Eurostat (Statistical Office of the European Union). Original title: “Denmark - Labour Cost Index: wages & salaries (B-S, 2020=100), SCA”.