Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Denmark
LFWA74TTDKQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,412,774.00
Year-over-Year Change
1.71%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the total working-age population in Denmark, specifically individuals aged 15 to 74 years. It provides crucial insights into the size and composition of the Danish labor force, which is essential for economic planning and policy decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The working-age population total for Denmark, ages 15 to 74, is a key indicator of the country's potential labor supply. This metric is widely used by economists, policymakers, and labor market analysts to understand workforce dynamics, forecast economic growth, and inform employment and social policies.
Methodology
The data is collected through household surveys and census data by the Danish statistical agency.
Historical Context
Policymakers and central banks often use this trend to assess labor market conditions and plan for future economic development.
Key Facts
- Denmark's working-age population totaled 4.3 million in 2022.
- This demographic represents over 70% of Denmark's total population.
- The working-age population has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total working-age population in Denmark, specifically individuals aged 15 to 74 years.
Q: Why is this trend relevant for users or analysts?
A: The working-age population is a crucial indicator of the potential labor force, which is essential for economic planning, labor market analysis, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and census data by the Danish statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this trend to assess labor market conditions and plan for future economic development.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be occasional delays in reporting due to the complexity of household surveys.
Related Trends
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National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Denmark
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Denmark (LFWA74TTDKQ647S), retrieved from FRED.