Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Denmark
LRIN64TTDKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.52
Year-over-Year Change
-12.63%
Date Range
1/1/1999 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Denmark measures the percentage of the Danish population aged 15 to 64 who are not participating in the labor force. This metric provides insights into labor market dynamics and potential economic productivity.
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
This indicator tracks the share of the working-age population in Denmark that is neither employed nor actively seeking work. It is a useful complement to employment and unemployment statistics, offering a more comprehensive view of labor force participation.
Methodology
The data is collected through household surveys by Denmark's national statistical agency.
Historical Context
Policymakers and economists monitor this inactivity rate to assess labor market health and identify potential labor supply issues.
Key Facts
- Denmark's inactivity rate averaged 19.5% from 2000 to 2022.
- The inactivity rate peaked at 20.4% in 2020 amid the COVID-19 pandemic.
- Women have a higher inactivity rate than men in Denmark.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of the Danish population aged 15 to 64 who are not employed and not actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The inactivity rate provides insights into labor market dynamics and potential economic productivity, complementing employment and unemployment statistics.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by Denmark's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this inactivity rate to assess labor market health and identify potential labor supply issues.
Q: Are there update delays or limitations?
A: The data is released on an intra-annual basis, with some potential for delays in publication.
Related Trends
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Consumer Price Index: Services Less Housing for Denmark
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Amount Outstanding of Total Debt Securities in Non-Financial Corporations Sector, All Maturities, Residence of Issuer in Denmark
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Monetary Aggregates and Their Components: Broad Money and Components: M3 for Denmark
MABMM301DKA189N
Deposit Money Bank Assets to GDP for Denmark
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Denmark (LRIN64TTDKQ156S), retrieved from FRED.