Denmark Economic Statistics and Indicators

21, May 2018, EDT. Welcome to the Denmark economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Denmark › Change country
National or Regional Currency: Danish Krone, DKK
Year of data: 2015 › Change year
Number of Indicators Listed: 42
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 5,569,077 (July 2014 est.)
Area: total: 43,094 sq km ; land: 42,434 sq km ; water: 660 sq km ; note: includes the island of Bornholm in the Baltic Sea and the rest of metropolitan Denmark (the Jutland Peninsula, and the major islands of Sjaelland and Fyn), but excludes the Faroe Islands and Greenland
Natural Resources: petroleum, natural gas, fish, salt, limestone, chalk, stone, gravel and sand
Capital: name: Copenhagen ; geographic coordinates: 55 40 N, 12 35 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October ; note: applies to continental Denmark only, not to its North Atlantic components

This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy, and a high dependence on foreign trade. Denmark is a member of the European Union (EU); Danish legislation and regulations conform to EU standards on almost all issues. Danes enjoy a high standard of living and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus, but depends on imports of raw materials for the manufacturing sector. Within the EU, Denmark is among the strongest supporters of trade liberalization. After a long consumption-driven upswing, Denmark's economy began slowing in 2007 with the end of a housing boom. Housing prices dropped markedly in 2008-09 and, following a short respite in 2010, have since continued to decline. Household indebtedness is still relatively high at more than 275% of gross disposable income in the first half of 2013. The global financial crisis has exacerbated this cyclical slowdown through increased borrowing costs and lower export demand, consumer confidence, and investment. Denmark made a modest recovery in 2010, in part because of increased government spending; however, the country experienced a technical recession in late 2010-early 2011. Historically low levels of unemployment rose sharply with the recession and have remained at about 6% in 2010-13, based on the national measure, about two-thirds average EU unemployment. An impending decline in the ratio of workers to retirees will be a major long-term issue. Denmark maintained a healthy budget surplus for many years up to 2008, but the budget balance swung into deficit in 2009, where it remains. In spite of the deficits, the new coalition government delivered a modest stimulus to the economy in 2012. Nonetheless, Denmark's fiscal position remains among the strongest in the EU with public debt at about 46% of GDP in 2013. Despite previously meeting the criteria to join the European Economic and Monetary Union (EMU), so far Denmark has decided not to join, although the Danish krone remains pegged to the euro.
More on the Denmark Economy
More on the Denmark Export, Import and Trade

Economic Indicator Listing
  For Denmark in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.16 %
GDP (Current Prices, National Currency)DKK 1,984.41 Billion.
GDP (Current Prices, US Dollars)US$ 294.951 Billion
GDP Deflator 106.815 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)DKK 328,249.74 .
GDP Per Capita (Current Prices, National Currency)DKK 350,619.25 .
GDP Per Capita (Current Prices, US Dollars)US$ 52,114.17
Output Gap, Percent of Potential GDP -1.029 %
GDP (PPP), US DollarsUS$ 258.702 Billion
GDP Per Capita (PPP), US DollarsUS$ 45,709.42
GDP Share of World Total (PPP) 0.228 %
Implied PPP Conversion Rate 7.671
Investment (% of GDP) 19.432 %
Gross National Savings (% of GDP) 26.306 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 100 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 0.452 %
Inflation, End of Year (Indexed to Year 2000) 131.6 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 0.535 %
Import Volume of All Items Including Goods and Services (Percent Change) -1.264 %
Import Volumes of Goods Only (Percent Change) 0.439 %
Export Volume of All Items Including Goods and Services (Percent Change) -0.882 %
Export Volumes of Goods Only (Percent Change) 1.813 %
Unemployment Rate (% of Labour Force) 6.175 %
Employment 2.755 Million
Population 5.66 Million
General government revenue (National Currency)DKK 1,029.38 Billions.
General government revenue (% of GDP) 51.874 %
General government total expenditure (National Currency)DKK 1,068.14 Billions.
General government total expenditure (% of GDP) 53.826 %
Total Government Net Lending/ Borrowing (National Currency)DKK -38.751 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -1.953 %
General Government Structural Balance (National Currency)DKK -25.491 Billion.
General Government Structural Balance (% Potential GDP) -1.271 %
Fiscal Year Gross Domestic Product, Current PricesDKK 1,984.41 Billions.
Current Account Balance (US Dollars)US$ 20.276 Billion
Current Account Balance (% GDP) 6.874 %
Economic Indicators for Denmark 2015

GDP (Constant Prices, National Currency) for Denmark in year 2015 is DKK 1,857.80 Billion.

GDP Growth (Constant Prices, National Currency) for Denmark in year 2015 is 1.16 %.

GDP (Current Prices, National Currency) for Denmark in year 2015 is DKK 1,984.41 Billion.

GDP (Current Prices, US Dollars) for Denmark in year 2015 is US$ 294.951 Billion.

GDP Deflator for Denmark in year 2015 is 106.815 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Denmark in year 2015 is DKK 328,249.74 .

GDP Per Capita (Current Prices, National Currency) for Denmark in year 2015 is DKK 350,619.25 .

GDP Per Capita (Current Prices, US Dollars) for Denmark in year 2015 is US$ 52,114.17 .

Output Gap, Percent of Potential GDP for Denmark in year 2015 is -1.029 %.

GDP (PPP), US Dollars for Denmark in year 2015 is US$ 258.702 Billion.

GDP Per Capita (PPP), US Dollars for Denmark in year 2015 is US$ 45,709.42 .

GDP Share of World Total (PPP) for Denmark in year 2015 is 0.228 %.

Implied PPP Conversion Rate for Denmark in year 2015 is 7.671 .

Investment (% of GDP) for Denmark in year 2015 is 19.432 %.

Gross National Savings (% of GDP) for Denmark in year 2015 is 26.306 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Denmark in year 2015 is 100 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Denmark in year 2015 is 0.452 %.

Inflation, End of Year (Indexed to Year 2000) for Denmark in year 2015 is 131.6 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Denmark in year 2015 is 0.535 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Denmark in year 2015 is -1.264 %.

Import Volumes of Goods Only (Percent Change) for Denmark in year 2015 is 0.439 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Denmark in year 2015 is -0.882 %.

Export Volumes of Goods Only (Percent Change) for Denmark in year 2015 is 1.813 %.

Unemployment Rate (% of Labour Force) for Denmark in year 2015 is 6.175 %.

Employment for Denmark in year 2015 is 2.755 Million .

Population for Denmark in year 2015 is 5.66 Million .

General government revenue (National Currency) for Denmark in year 2015 is DKK 1,029.38 Billions.

General government revenue (% of GDP) for Denmark in year 2015 is 51.874 %.

General government total expenditure (National Currency) for Denmark in year 2015 is DKK 1,068.14 Billions.

General government total expenditure (% of GDP) for Denmark in year 2015 is 53.826 %.

Total Government Net Lending/ Borrowing (National Currency) for Denmark in year 2015 is DKK -38.751 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Denmark in year 2015 is -1.953 %.

General Government Structural Balance (National Currency) for Denmark in year 2015 is DKK -25.491 Billion.

General Government Structural Balance (% Potential GDP) for Denmark in year 2015 is -1.271 %.

Fiscal Year Gross Domestic Product, Current Prices for Denmark in year 2015 is DKK 1,984.41 Billions.

Current Account Balance (US Dollars) for Denmark in year 2015 is US$ 20.276 Billion.

Current Account Balance (% GDP) for Denmark in year 2015 is 6.874 %.

* Source: IMF
Aggregate Indicators for Denmark
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Denmark
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Denmark
  Natural Resources, Agricultural Products, Land Use and Water Use for Denmark
  Nationality, Ethnic Groups, Languages and Religions for Denmark
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Denmark
  Age Structure, Median Age, Gender and Urbanization for Denmark
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Denmark
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Denmark
  HIV, AIDS and Other Major Infectious Disease Rates for Denmark
  Literacy Rate, Educational Expenditure and School Life Expectancy for Denmark
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Denmark
  Industries and Industrial Growth Production Rate for Denmark
  Labor Force by Occupation for Denmark
  Poverty Line, Gini Index, Household Income and Consumption for Denmark
  National Budget and Public Debt for Denmark
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Denmark
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Denmark
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Denmark
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Denmark
  Foreign Exchange Reserves and Gold Reserves for Denmark
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Denmark
  Exchange Rate Statistics for Denmark
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Denmark
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Denmark
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Denmark
  Television and Radio Statistics (TV Stats, Radio Stats) for Denmark
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Denmark
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Denmark
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Denmark
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Denmark
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Denmark
* Source: CIA
Internet Indicators for Denmark
Indicators
  Number of Internet Users for Denmark
  Internet Penetration Rate for Denmark
  Number of Facebook Accounts for Denmark
  Facebook Penetration Rate for Denmark
* Source: IWS
Economic Freedom Indicators for Denmark
Indicators
  Economic Freedom World Rank for Denmark
  Government Spending for Denmark
  Monetary Freedom for Denmark
  Investment Freedom for Denmark
  Financial Freedom for Denmark
  Property Rights for Denmark
  Economic Freedom Regional Ranking for Denmark
  Freedom from Corruption for Denmark
  Labor Freedom for Denmark
  Tariff Rate for Denmark
  Income Tax Rate for Denmark
  Corporate Tax Rate for Denmark
  Tax Burden % of GDP for Denmark
  Government Expenditure % of GDP for Denmark
  Business Freedom for Denmark
  Trade Freedom for Denmark
  Fiscal Freedom for Denmark
  2016 Score for Denmark
* Source: HFO
Denmark Economic Indicators in other Years
  Denmark Economic Indicators for Year 2021 (Forecast)
  Denmark Economic Indicators for Year 2020 (Forecast)
  Denmark Economic Indicators for Year 2019 (Forecast)
  Denmark Economic Indicators for Year 2018 (Forecast)
  Denmark Economic Indicators for Year 2017 (Forecast)
  Denmark Economic Indicators for Year 2016 (Forecast)
Denmark Economic Indicators for Year 2015 (Current)
  Denmark Economic Indicators for Year 2014
  Denmark Economic Indicators for Year 2013
  Denmark Economic Indicators for Year 2012
  Denmark Economic Indicators for Year 2011
  Denmark Economic Indicators for Year 2010
  Denmark Economic Indicators for Year 2009
  Denmark Economic Indicators for Year 2008
  Denmark Economic Indicators for Year 2007
  Denmark Economic Indicators for Year 2006
  Denmark Economic Indicators for Year 2005
  Denmark Economic Indicators for Year 2004
  Denmark Economic Indicators for Year 2003
  Denmark Economic Indicators for Year 2002
  Denmark Economic Indicators for Year 2001
  Denmark Economic Indicators for Year 2000
  Denmark Economic Indicators for Year 1999
  Denmark Economic Indicators for Year 1998
  Denmark Economic Indicators for Year 1997
  Denmark Economic Indicators for Year 1996
  Denmark Economic Indicators for Year 1995
  Denmark Economic Indicators for Year 1994
  Denmark Economic Indicators for Year 1993
  Denmark Economic Indicators for Year 1992
  Denmark Economic Indicators for Year 1991
  Denmark Economic Indicators for Year 1990
  Denmark Economic Indicators for Year 1989
  Denmark Economic Indicators for Year 1988
  Denmark Economic Indicators for Year 1987
  Denmark Economic Indicators for Year 1986
  Denmark Economic Indicators for Year 1985
  Denmark Economic Indicators for Year 1984
  Denmark Economic Indicators for Year 1983
  Denmark Economic Indicators for Year 1982
  Denmark Economic Indicators for Year 1981
  Denmark Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International