Aggregate replacement ratio for pensions (excluding other social) in Denmark

Denmark: Aggregate replacement ratio for pensions (excluding other social) was 0.5% in 2025. ▲ Rising

Latest (2025)
0.5%
Change on year
down 2.1%
World rank
31st
of 45 countries
All-time high
0.5%
in 2018
All-time low
0.4%
in 2010
Years of data
16
2010–2025

Aggregate replacement ratio for pensions (excluding other social) in Denmark, 2010–2025

00.10.20.30.40.52010201720252010: 0.43 Percentage2011: 0.44 Percentage2012: 0.43 Percentage2013: 0.46 Percentage2014: 0.47 Percentage2015: 0.47 Percentage2016: 0.47 Percentage2017: 0.49 Percentage2018: 0.5 Percentage2019: 0.5 Percentage2020: 0.47 Percentage2021: 0.44 Percentage2022: 0.47 Percentage2023: 0.47 Percentage2024: 0.47 Percentage2025: 0.46 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

In 2025, aggregate replacement ratio for pensions (excluding other social) in Denmark stood at 0.5%.

That represents a change of down 2.1% on the previous year and down 2.1% over ten years.

Over the whole period, aggregate replacement ratio for pensions (excluding other social) in Denmark peaked at 0.5% in 2018 and was at its lowest, 0.4%, in 2010.

Denmark ranks 31st of 45 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.

Aggregate replacement ratio for pensions (excluding other social) in Denmark, year by year

Annual values for Aggregate replacement ratio for pensions (excluding other social benefits) by sex in Denmark, 2010 to 2025.
Year Percentage Change
2010 0.4% —
2011 0.4% +2.3%
2012 0.4% -2.3%
2013 0.5% +7.0%
2014 0.5% +2.2%
2015 0.5% +0.0%
2016 0.5% +0.0%
2017 0.5% +4.3%
2018 0.5% +2.0%
2019 0.5% +0.0%
2020 0.5% -6.0%
2021 0.4% -6.4%
2022 0.5% +6.8%
2023 0.5% +0.0%
2024 0.5% +0.0%
2025 0.5% -2.1%

Denmark compared with similar countries

  • Denmark's 0.5% is below the median for Europe & Central Asia, which is 0.5%, 91% of the median. (34 countries reporting)
  • Denmark's 0.5% is below the median for high income countries, which is 0.5%, 87% of the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.5% 0.4% 0.5% 10
2020s 0.5% 0.4% 0.5% 6

Countries ranked near Denmark

  1. 29 Malta 0.5% compare
  2. 29 Romania 0.5% compare
  3. 31 Bulgaria 0.5% compare
  4. 33 Montenegro 0.4% compare
  5. 34 Latvia 0.4% compare
  6. 34 Serbia 0.4% compare
  7. 34 Latvia 0.4% compare

See the full ranking of 47 places →

More reference data data for Denmark

All data for Denmark →

Frequently asked questions

What is aggregate replacement ratio for pensions (excluding other social) in Denmark?
Aggregate replacement ratio for pensions (excluding other social) in Denmark was 0.5% in 2025, according to Eurostat.
What is the highest aggregate replacement ratio for pensions (excluding other social) recorded in Denmark?
The highest recorded value was 0.5% in 2018.
What is the lowest aggregate replacement ratio for pensions (excluding other social) recorded in Denmark?
The lowest recorded value was 0.4% in 2010.
How does Denmark rank for aggregate replacement ratio for pensions (excluding other social)?
Denmark ranks 31st out of 45 countries with data for 2025.
Is aggregate replacement ratio for pensions (excluding other social) rising or falling in Denmark?
Over the last ten years it is down 2.1%. The long-run trend across the full record is rising.
Where does this Denmark data come from?
The figures come from Eurostat, published as part of Aggregate replacement ratio for pensions (excluding other social benefits) by sex. Statizoid updates them automatically from the source API.

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Aggregate replacement ratio for pensions (excluding other social) in Denmark. Statizoid, drawing on Eurostat. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/aggregate-replacement-ratio-for-pensions-excluding-other-social-benefits-by-sex/denmark/

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About this data

Indicator
Aggregate replacement ratio for pensions (excluding other social benefits) by sex
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
47 places, 712 data points, 2010–2025
Last refreshed