HistoryData

Unemployment Rate: Denmark

Denmark's unemployment rate is currently 3.0% as of 2026. # Denmark Unemployment Rate Denmark's unemployment rate stands at 3% in 2026, reflecting a labor market near full employment.

Current (2026)
3.0%
+0.0% y/y
Peak (1993)
9.5%
Low (2022)
2.5%
Source
IMF World Economic Outlook
19802026 · 51 pts

Unemployment RateDenmark

19802026

Unemployment Rate — Denmark
2.5%4.25%6%7.75%9.5%198019902000201020202030PeakLow
Analysis# Denmark Unemployment Rate Denmark's unemployment rate stands at 3% in 2026, reflecting a labor market near full employment. This figure sits well below the country's all-time peak of 9.5% recorded in 1993 and slightly above the record low of 2.5% achieved in 2022. Since 1980, Denmark has reduced its unemployment rate by 42.3%, demonstrating a sustained improvement in employment conditions over four decades. The most dramatic shift occurred between 2022 and the present, when Denmark's unemployment ticked upward from its historic low. The 2020 spike to 4.7% marked a pandemic-related disruption, yet recovery followed swiftly through 2021–2022. Current projections suggest stabilization around 3% through 2026, indicating Denmark maintains one of Europe's tightest labor markets despite modest recent increases.

Historical Data

51 Rows
YearValueChange %
20303.0%+0.00%
20293.0%+0.00%
20283.0%+0.00%
20273.0%+0.00%
20263.0%+0.00%
20253.0%+3.45%
20242.9%+3.57%
20232.8%+12.00%
20222.5%-30.56%
20213.6%-23.40%
20204.7%+27.03%
20193.7%-5.13%
20183.9%-7.14%
20174.2%+2.44%
20164.1%-8.89%
20154.5%-10.00%
20145.0%-13.79%
20135.8%-4.92%
20126.1%+1.67%
20116.0%-1.64%
Show all 51 rows
YearValueChange %
20106.1%+27.08%
20094.8%+77.78%
20082.7%-25.00%
20073.6%-7.69%
20063.9%-18.75%
20054.8%-12.73%
20045.5%+1.85%
20035.4%+17.39%
20024.6%+2.22%
20014.5%+4.65%
20004.3%-15.69%
19995.1%+4.08%
19984.9%-5.77%
19975.2%-17.46%
19966.3%-7.35%
19956.8%-11.69%
19947.7%-18.95%
19939.5%+10.47%
19928.6%+8.86%
19917.9%+9.72%
19907.2%+5.88%
19896.8%+19.30%
19885.7%+14.00%
19875.0%+0.00%
19865.0%-24.24%
19856.6%-16.46%
19847.9%-5.95%
19838.4%+12.00%
19827.5%+7.14%
19817.0%+34.62%
19805.2%

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