Statistical news focuses on the latest figures and trends in Danmarks Nationalbank’s statistics. Statistical news is targeted at people who want quick insight into current financial data.
Pension wealth of Danes increased by more than kr. 300 billion in 2024
The pension wealth in Danish pension companies increased by kr. 317 billion in 2024 and now amounts to kr. 4,351 billion. Over the past two years, the pension wealth has increased by kr. 601 billion, mainly due to large capital gains on stocks and bonds. The pension wealth is now back to the level before the significant decline in 2022. Pension contributions have also contributed to the increase in wealth. In 2024 alone, net contributions were kr. 48 billion. Overall, Danes have increased their pension contributions in recent years, partly due to wage increases and higher employment.
The pension wealth is kr. 4,351 billion in 4th quarter 2024
Note:
The pension wealth is defined as provisions for future pension obligations (for market rate and average interest rate products) in Danish pension companies. In addition to pension wealth in pension companies, Danish households also have individual pension schemes in financial institutions. Find chart data in the Statbank.