Personal income tax (PIT) - top statutory and marginal tax rate — Top in Denmark
Denmark: Personal income tax (PIT) - top statutory and marginal tax rate — Top was 1.24 Factor of average annual wage in 2025. ▲ Rising
Latest (2025)
1.24 Factor of average annual wage
Change on year
up 0.8%
World rank
25th
of 29 countries
All-time high
1.31 Factor of average annual wage
in 2020
All-time low
1.02 Factor of average annual wage
in 2008
Years of data
26
2000–2025
Personal income tax (PIT) - top statutory and marginal tax rate — Top in Denmark, 2000–2025
Source: Organisation for Economic Co-operation and Development. Measured in Factor of average annual wage.
Analysis
Denmark recorded 1.24 Factor of average annual wage for personal income tax (pit) - top statutory and marginal tax rate — top in 2025.
The figure is up 0.8% on the previous year and up 0.1% over ten years.
Over the whole period, personal income tax (pit) - top statutory and marginal tax rate — top in Denmark peaked at 1.31 Factor of average annual wage in 2020 and was at its lowest, 1.02 Factor of average annual wage, in 2008.
Denmark ranks 25th of 29 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Personal income tax (PIT) - top statutory and marginal tax rate — Top in Denmark, year by year
| Year | Factor of average annual wage | Change |
|---|---|---|
| 2000 | 1.04 Factor of average annual wage | — |
| 2001 | 1.04 Factor of average annual wage | -0.2% |
| 2002 | 1.04 Factor of average annual wage | -0.5% |
| 2003 | 1.04 Factor of average annual wage | +0.6% |
| 2004 | 1.05 Factor of average annual wage | +0.4% |
| 2005 | 1.06 Factor of average annual wage | +1.0% |
| 2006 | 1.05 Factor of average annual wage | -1.0% |
| 2007 | 1.03 Factor of average annual wage | -1.9% |
| 2008 | 1.02 Factor of average annual wage | -1.1% |
| 2009 | 1.03 Factor of average annual wage | +1.2% |
| 2010 | 1.13 Factor of average annual wage | +9.6% |
| 2011 | 1.1 Factor of average annual wage | -2.7% |
| 2012 | 1.08 Factor of average annual wage | -1.4% |
| 2013 | 1.16 Factor of average annual wage | +7.6% |
| 2014 | 1.23 Factor of average annual wage | +5.6% |
| 2015 | 1.24 Factor of average annual wage | +0.7% |
| 2016 | 1.25 Factor of average annual wage | +1.0% |
| 2017 | 1.27 Factor of average annual wage | +1.3% |
| 2018 | 1.29 Factor of average annual wage | +1.8% |
| 2019 | 1.29 Factor of average annual wage | +0.2% |
| 2020 | 1.31 Factor of average annual wage | +1.6% |
| 2021 | 1.31 Factor of average annual wage | -0.1% |
| 2022 | 1.28 Factor of average annual wage | -2.4% |
| 2023 | 1.26 Factor of average annual wage | -1.3% |
| 2024 | 1.23 Factor of average annual wage | -2.8% |
| 2025 | 1.24 Factor of average annual wage | +0.8% |
Denmark compared with similar countries
- Denmark's 1.24 Factor of average annual wage is below the median for high income countries, which is 2.87 Factor of average annual wage, 43% of the median. (27 countries reporting)
- Denmark's 1.24 Factor of average annual wage is below the median for Europe & Central Asia, which is 2.24 Factor of average annual wage, 55% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.04 Factor of average annual wage | 1.02 Factor of average annual wage | 1.06 Factor of average annual wage | 10 |
| 2010s | 1.2 Factor of average annual wage | 1.08 Factor of average annual wage | 1.29 Factor of average annual wage | 10 |
| 2020s | 1.27 Factor of average annual wage | 1.23 Factor of average annual wage | 1.31 Factor of average annual wage | 6 |
Countries ranked near Denmark
- 22 Greece 1.74 Factor of average annual wage compare
- 23 Italy 1.51 Factor of average annual wage compare
- 24 Iceland 1.33 Factor of average annual wage compare
- 26 Ireland 1.16 Factor of average annual wage compare
- 27 Sweden 1.15 Factor of average annual wage compare
- 28 Belgium 1.03 Factor of average annual wage compare
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 personal income tax (pit) - top statutory and marginal tax rate — top in Denmark?
- Personal income tax (pit) - top statutory and marginal tax rate — top in Denmark was 1.24 Factor of average annual wage in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest personal income tax (pit) - top statutory and marginal tax rate — top recorded in Denmark?
- The highest recorded value was 1.31 Factor of average annual wage in 2020.
- What is the lowest personal income tax (pit) - top statutory and marginal tax rate — top recorded in Denmark?
- The lowest recorded value was 1.02 Factor of average annual wage in 2008.
- How does Denmark rank for personal income tax (pit) - top statutory and marginal tax rate — top?
- Denmark ranks 25th out of 29 countries with data for 2025.
- Is personal income tax (pit) - top statutory and marginal tax rate — top rising or falling in Denmark?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is rising.
- Where does this Denmark data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Personal income tax (PIT) - top statutory and marginal tax rate — Top statutory personal income tax rate earnings threshold. Statizoid updates them automatically from the source API.
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About this data
A single person without dependants based on the earnings level where the top statutory personal income tax rate first applies. The marginal tax rates are derived on the basis of a unit increase in gross wage earnings at the threshold. Related topics: Taxing Wages, Labour taxation, Tax wedge decomposition, Average wage, Income, Household