Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for Denmark
LRAC64TTDKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.48
Year-over-Year Change
3.17%
Date Range
1/1/1999 - 1/1/2025
Summary
The Labor Force Participation Rate (LFPR) measures the percentage of the working-age population that is employed or actively seeking work. It is a key indicator of the health and utilization of a country's labor market.
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 LFPR for Denmark's population aged 15 to 64 years provides insight into the overall economic activity and labor supply in the country. Economists and policymakers use this metric to assess labor market trends and inform employment, education, and social policies.
Methodology
The data is collected through household surveys conducted by Statistics Denmark.
Historical Context
This LFPR trend is used to monitor and compare Denmark's labor market performance over time and relative to other economies.
Key Facts
- Denmark's LFPR for ages 15-64 was 78.1% in 2022.
- The LFPR has remained relatively stable over the past decade.
- Denmark has one of the highest LFPR rates among OECD countries.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Force Participation Rate for Denmark measures the percentage of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the overall labor market conditions and economic activity in Denmark, which is important for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Denmark.
Q: How is this trend used in economic policy?
A: Governments and central banks use the LFPR to monitor labor market trends and inform employment, education, and social policies.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, so there may be some delays in the most recent figures.
Related Trends
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for Denmark (LRAC64TTDKQ156S), retrieved from FRED.