Fiatmap

Norway vs Denmark

Field by field, official sources only. Green wins the row, red loses it — grey rows lack a published value on one side.

Norway takes work & income and housing & living — widest margin: currency (7.29 % vs -3.14 %). Denmark takes macro — widest margin: GDP growth (2.93 % vs 1.09 %). In this type case — a single average earner comparing published official figures — the categories are not summed: a mortgage rate and a GDP figure do not weigh the same.

Side by side

FieldNorwayDenmark
Mortgage rate5.60 %4.09 %
Inflation3.06 %1.89 %
Real policy rate1.44 %0.21 %
Lending rate5.88 %—
Deposit rate3.21 %—
Savings vs inflation0.15 %—
Bank spread2.67 %—
Take-home pay$52,802 PPP$50,503 PPP
Tax on pay28.12 %35.33 %
House price growth since 2015170.0165.6
House price growth1.29 %7.36 %
Rent——
Petrol—€2.60/l
Electricity€0.122/kWh€0.234/kWh
Tax wedge36.39 %35.76 %
Minimum wage——
Minimum wage (PPP)——
Retirement age (men)67 years67 years
Retirement age (women)67 years67 years
Average salary$73,462 PPP$78,090 PPP
Monthly earnings$6,694 PPP/mo$6,689 PPP/mo
Median earnings$6,127 PPP/mo$6,198 PPP/mo
Median income$54,376 PPP$39,267 PPP
Price level91 % of US prices93 % of US prices
VAT——
Corporate tax22.00 %22.00 %
Top income tax39.70 %55.90 %
Public holidays12 days10 days
Currency7.29 %-3.14 %
Money's value54.80 %62.90 %
GDP growth1.09 %2.93 %
GDP/capita$94,594$76,970
Unemployment4.64 %5.53 %
Government debt54.00 %27.40 %
Debt per person$51,081$21,090

Who is better off, field by field

By category

Cost of money

Tie, 2–2

Work & income

Norway

6 of 9 decided fields

Housing & living

Norway

3 of 4 decided fields

Macro

Denmark

4 of 6 decided fields

Open in the comparison tool (shared fields only) →

Rows without colour lack a published value on one side — Fiatmap never fills gaps with guesses. Full profiles: Norway · Denmark

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