Forecast: Wages and Salaries in Financial Services in Denmark

From 2013 to 2023, wages and salaries in the financial services sector in Denmark showed a generally upward trend, starting at DKK 41.58 billion and reaching DKK 48.86 billion in 2023. Although there were small fluctuations, the sector experienced an average annual growth rate of about 1.72% over the last five years. Year-on-year changes varied, with notable increases in 2015, 2017, and 2019, and slight declines in other years.

Looking forward, the forecast suggests continued growth. By 2028, wages and salaries are expected to rise to DKK 51.70 billion, reflecting a five-year compound annual growth rate (CAGR) of 0.89%. The total growth over this forecasted period is projected at 4.55%.

Future trends to watch for include the impact of technological advancements on job roles and wages, regulatory changes, and potential economic fluctuations that could influence salary structures in the financial sector. Close monitoring of macroeconomic factors and sector-specific developments will be crucial for anticipating changes in wage trends.