Denmark

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    Denmark is a medium-sized economy which is characterised by high-tech agriculture, manufacturing industries, extensive government welfare measures, a stable currency and high dependence on foreign trade. According to Eurostat, Denmark has projected growth of 1.5% for 2014. On average, the Danish population enjoys one of the highest living standards in the world. Nevertheless, the Danish economy experienced a downturn as a consequence of the global economic crisis that started in 2008. Unemployment increased, but by early 2014 had dropped to 5.1%, among the lowest rates in the EU. The European Commission reports that Denmark has not yet made enough progress on addressing the situation for groups at the margins of the labour market as well as advancing the cost-effectiveness of the education system. Read more about Denmark’s situation and specific information in its industrial relations profile.

    Increasingly important in this context is the Europe 2020 growth and jobs strategy launched in 2010 which has five headline targets, covering employment through to social inclusion and poverty reduction. It is implemented in the context of the European Semester process which makes sure that Member States keep their budgetary and economic policies in line with their EU commitments through, in part, National Reform Programmes. These programmes form the basis for the European Commission's proposals for country-specific recommendations (CSRs) for each Member State. CSRs cover a broad range of topics - many of which are directly within Eurofound’s area of work. See the Commission’s recommendations for Denmark and compare the country’s situation with other Member States in key economic areas.

    Living and working in Europe – where does Denmark fit in?

    Eurofound’s surveys (available in multiple languages) show that Danish citizens are the most satisfied with their quality of life compared to rest of the EU and they are also one of the most optimistic about the future. They are very satisfied with the quality of their health services and trust their government significantly more than the EU average. For more on Denmark’s situation, explore findings from the European Quality of Life Survey.

    Danish workers are notably more satisfied with their working conditions than the European average and the percentage working at high intensity is lower than the EU average. For more on Denmark’s situation, explore findings from the European Working Conditions Survey.

    The proportion of employees in Danish companies receiving paid time off for training is below the EU average, and their access to some flexibility in working hours is one of the highest compared to the rest of the EU. For more on Denmark’s situation, explore findings from the European Company Survey.