With an economic freedom score of 77.8, Denmark is now the 36th largest economy and ranks 10th among the freest economies in the 2021 Index. Denmark is placed 5th in the European region out of 45 countries, and its overall score is higher than the regional and global norms.
As local and global demand stabilize post the Covid pandemic, Denmark's GDP is predicted to increase around 2.9 percent in 2022.
Denmark's government has worked hard to increase its international trade routes, especially in the United Kingdom, China, and Ireland. As a result, the Danish market has attracted a lot of interest.
The Danish government is willing and capable of encouraging entrepreneurship and commercial development. It has long supported infrastructure-building programs, such as Danish government funding, coaching, and low-cost legal help to start and run firms.
The main industries which are experiencing growth include wind turbines, pharmaceuticals, medical equipment, shipbuilding and refurbishment, iron, steel, nonferrous metals, chemicals, etc.
By 2030, the government plans to create 120,000 jobs in private enterprises for people who are now unemployed.
The government also intends to improve the country's industrial sector, which accounts for 19.1% of GDP.
Sector wise job outlook
Most of the job opportunities in Denmark are in the services and knowledge sectors. Two thirds of the labor force is employed in the private sector. The following sectors will see a significant percentage of job growth in 2022 which will help you if you intend to work in Denmark.
Information Technology
Finance
Biotechnology
Pharma & Healthcare
Engineering
The average salaries for some of the key sectors with job opportunities in Denmark are:
Information Technology – $76,523
Finance – $61,219
Pharma & Healthcare – $89,595
Engineering – $71,219
With significant areas such as healthcare and information technology gaining relevance in the current and future environment, talented foreigners will have more chances. In 2022, the majority of these occupations in Denmark will be in the healthcare field. If you have the qualifications and experience, you can apply for a work permit for Denmark and move there once you get a job.
IT specialists and engineers will play a larger role in the development and maintenance of Denmark's functional infrastructure, both digital and non-digital. This will help the country's economic recovery goals.
So, if you wish to work in Denmark, now is the time to think about it especially when there is a high demand for talent.
If you are looking to Study, Work, Visit, Invest, or Migrate to Denmark, talk to Y-Axis, the World’s No.1 immigration & visa company.