Income inequality: Palma ratio (after tax) in Denmark
Denmark: Income inequality: Palma ratio (after tax) was 1.05 in 2022. ▲ Rising
Income inequality: Palma ratio (after tax) in Denmark, 1987–2022
Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data.
Analysis
The most recent figure for income inequality: palma ratio (after tax) in Denmark is 1.05, measured in 2022. That is the highest value across all 16 years on record.
The figure is up 1.6% on the previous year and up 21.9% over ten years.
Over the whole period, income inequality: palma ratio (after tax) in Denmark peaked at 1.05 in 2022 and was at its lowest, 0.7269, in 1995.
Denmark ranks 33rd of 48 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Income inequality: Palma ratio (after tax) in Denmark, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 0.8739 | — |
| 1992 | 0.8015 | -8.3% |
| 1995 | 0.7269 | -9.3% |
| 2000 | 0.7501 | +3.2% |
| 2004 | 0.7645 | +1.9% |
| 2007 | 0.8143 | +6.5% |
| 2010 | 0.8571 | +5.3% |
| 2013 | 0.8604 | +0.4% |
| 2015 | 0.9652 | +12.2% |
| 2016 | 0.9702 | +0.5% |
| 2017 | 0.9826 | +1.3% |
| 2018 | 0.9827 | +0.0% |
| 2019 | 1 | +2.1% |
| 2020 | 0.9938 | -1.0% |
| 2021 | 1.03 | +3.8% |
| 2022 | 1.05 | +1.6% |
Denmark compared with similar countries
- Denmark's 1.05 is below the median for high income countries, which is 1.09, 96% of the median. (36 countries reporting)
- Denmark's 1.05 is above the median for Europe & Central Asia, which is 1.04, 1.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8739 | 0.8739 | 0.8739 | 1 |
| 1990s | 0.7642 | 0.7269 | 0.8015 | 2 |
| 2000s | 0.7763 | 0.7501 | 0.8143 | 3 |
| 2010s | 0.9459 | 0.8571 | 1 | 7 |
| 2020s | 1.02 | 0.9938 | 1.05 | 3 |
Countries ranked near Denmark
More economy & growth data for Denmark
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9574 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30.70 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0723 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5,136 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.24 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 121.54 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3,052 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.85 % change on previous year (2025)
Frequently asked questions
- What is income inequality: palma ratio (after tax) in Denmark?
- Income inequality: palma ratio (after tax) in Denmark was 1.05 in 2022, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
- What is the highest income inequality: palma ratio (after tax) recorded in Denmark?
- The highest recorded value was 1.05 in 2022.
- What is the lowest income inequality: palma ratio (after tax) recorded in Denmark?
- The lowest recorded value was 0.7269 in 1995.
- How does Denmark rank for income inequality: palma ratio (after tax)?
- Denmark ranks 33rd out of 48 countries with data for 2022.
- Is income inequality: palma ratio (after tax) rising or falling in Denmark?
- Over the last ten years it is up 21.9%. The long-run trend across the full record is rising.
- Where does this Denmark data come from?
- The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Income inequality: Palma ratio (after tax). Statizoid updates them automatically from the source API.
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About this data
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality. Inequality is measured here in terms of income after taxes and benefits.