Denmark vs Montenegro: Aggregate replacement ratio for pensions (excluding other social)

Denmark
0.46
in 2025
Montenegro
0.44
in 2023
Denmark rank
25th
Montenegro rank
27th

Aggregate replacement ratio for pensions (excluding other social) over time

  • Denmark
  • Montenegro
00.10.20.30.40.5201020172025

How they compare

Denmark currently reports 0.46 against 0.44 in Montenegro, a difference of 0.02.

Across all 11 years both countries report, Denmark has been ahead every year.

Denmark ranks 25th and Montenegro ranks 27th of 35 countries.

Denmark has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Denmark Montenegro Difference Ahead
2010s 0.48 0.4214 0.0586 Denmark
2020s 0.4625 0.415 0.0475 Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher aggregate replacement ratio for pensions (excluding other social), Denmark or Montenegro?
Denmark, at 0.46 against 0.44 in Montenegro as of 2025.
What is the difference in aggregate replacement ratio for pensions (excluding other social) between Denmark and Montenegro?
0.02, with Denmark ahead.
How many years of comparable data are there for Denmark and Montenegro?
11 years are reported by both, from 2013 to 2023.
How do Denmark and Montenegro rank globally for aggregate replacement ratio for pensions (excluding other social)?
Denmark ranks 25th and Montenegro ranks 27th of 35 countries.
Where does this data come from?
Eurostat, published as Aggregate replacement ratio for pensions (excluding other social benefits) by sex. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Montenegro: Aggregate replacement ratio for pensions (excluding other social). Statizoid, drawing on Eurostat. Retrieved 24 August 2026, from https://reference.statizoid.com/compare/aggregate-replacement-ratio-for-pensions-excluding-other-social-benefits-by-sex/denmark/montenegro/

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About this data

Indicator
Aggregate replacement ratio for pensions (excluding other social benefits) by sex
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
38 places, 574 data points, 2010–2025
Last refreshed