Income distibution
25. May 2020
Summary of income brackets in 2018
Income sources include:
- Wages from work or profits from personal business ventures.
- Public grants and subsidies, such as pensions, unemployment benefits, interest subsidies and student grants.
- Property income such as interest, security gains and other capital income.
Gross income for individuals
Gross income refers to the total income earned by an individual before taxes and other deductions.
Just under half (48%) of the population were in the DKK 0-DKK 250,000 income bracket in 2018. A third (34%) earned DKK 200,000-400,000. A quarter earned DKK 400,000-1 million. About 2%, or 832 persons, had a gross income of more than DKK 1 million.
Disposable income for individuals
Disposable income is income remaining after taxes and other charges have been deducted.
On the gross income list, more than 15,000 people feature in the lower brackets from DKK 0 to DKK 200,000. On the disposable income list, 22,000 people are included in these brackets. This is equivalent to 56% having a disposable income between DKK 0 and DKK 200,000, about 40% having a disposable income of DKK 200,000-500,000 and the rest – about 4% – earning more than DKK 500,000 after taxes and other deductions. In 2018, 255 people (0.6%) had a disposable income of more than DKK 1 million.
More detailed information, grouped into age, location and gender, is available on the ‘income distribution’.