Economy of Denmark. Statistics, Data and Indicators
Denmark
| 100AAA | Credit rank #1 |
| 197.75 | Quality of life #1 |
| 1 | Corruption rank#1 |
| 4 | Ease of doing business#3 |
Denmark Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 356 USD Billion | 2020 |
| GDP Annual Growth Rate | 6.2 % | 1Q/22 |
| GDP Growth Rate | -0.5 % | 1Q/22 |
| GDP per capita | 56202 USD | 2020 |
| Inflation Rate YoY | 7.4 % | May/22 |
| Interest Rate | -0.6 % | May/22 |
| Unemployment Rate | 2.5 % | May/22 |
| Wages | 43577 DKK/Month | 6108.474 USD/Month | 2020 |
| Balance of Trade | 13644 DKK Million | 1.913 B USD | Apr/22 |
| Current Account | 19100 DKK Million | 2.677 B USD | Apr/22 |
| Foreign Exchange Reserves | 534000 DKK Million | 74.854 B USD | May/22 |
| Government Debt | 668 DKK Billion | 93.638 B USD | May/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 356 USD Billion | 2020 |
| GDP Annual Growth Rate | 6.2 % | 1Q/22 |
| GDP Growth Rate | -0.5 % | 1Q/22 |
| GDP per capita | 56202 USD | 2020 |
| Gross National Product | 577737 DKK Million | 80.985 USD Billion | 1Q/22 |
| GDP Constant Prices | 565725 DKK Million | 79.301 B USD | 1Q/22 |
| GDP per capita PPP | 55938 USD | 2020 |
| GDP From Agriculture | 5906 DKK Million | 0.828 B USD | 1Q/22 |
| GDP From Construction | 25220 DKK Million | 3.535 B USD | 1Q/22 |
| GDP From Manufacturing | 82878 DKK Million | 11.618 B USD | 1Q/22 |
| GDP From Mining | 2751 DKK Million | 0.386 B USD | 1Q/22 |
| GDP From Public Administration | 98995 DKK Million | 13.877 B USD | 1Q/22 |
| GDP From Transport | 90649 DKK Million | 12.707 B USD | 1Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 36.7 % | 2021 |
| Government Budget Value | 3994 DKK Million | 0.56 USD Billion | 4Q/21 |
| Government Spending | 132622 DKK Million | 18.59 USD Billion | 1Q/22 |
| Government Debt | 668 DKK Billion | 93.638 USD Billion | May/22 |
| Government Revenues | 336179 DKK Million | 47.124 USD Billion | 4Q/21 |
| Fiscal Expenditure | 332185 DKK Million | 46.565 B USD | 4Q/21 |
| Government Budget to GDP | 2.3 % | 2021 |
| Government Spending to GDP | 54 % | 2020 |
| Military Expenditure | 4838 USD Million | 4.838 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 113 index points | May/22 |
| Export Prices | 132 index points | Apr/22 |
| Food Inflation | 10.1 % | May/22 |
| Gasoline Prices | 2.67 USD/Liter | Jun/22 |
| GDP Deflator | 119 index points | 1Q/22 |
| Import Prices | 117 index points | Apr/22 |
| Inflation Rate YoY | 7.4 % | May/22 |
| Producer Prices | 149 index points | May/22 |
| Inflation Rate Mom | 0.9 % | May/22 |
| Core Consumer Prices | 113 Index Points | May/22 |
| Core Inflation Rate | 4.37 % | May/22 |
| CPI Transportation | 119 Index Points | May/22 |
| Harmonised Consumer Prices | 113 Index Points | May/22 |
| Producer Prices Change | 11.8 % | Apr/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 7.8 % | 2020 |
| Weapons Sales | 4 USD Million | 2019 |
| Balance of Trade | 13644 DKK Million | 1.913 USD Billion | Apr/22 |
| Capital Flows | 352 DKK Million | 0.049 USD Billion | Apr/22 |
| Current Account | 19100 DKK Million | 2.677 USD Billion | Apr/22 |
| Exports | 145780 DKK Million | 20.435 USD Billion | Apr/22 |
| External Debt | 17448 DKK Million | 2.446 USD Billion | Mar/22 |
| Foreign Exchange Reserves | 534000 DKK Million | 74.854 USD Billion | May/22 |
| Imports | 132136 DKK Million | 18.522 USD Billion | Apr/22 |
| Terms of Trade | 113 Index Points | Apr/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | -0.45 % | May/22 |
| Gold Reserves | 66.55 Tonnes | 1Q/22 |
| Interbank Rate | 0.09 % | Jul/22 |
| Interest Rate | -0.6 % | May/22 |
| Loans to Private Sector | 443 EUR Billion | 461.949 USD Billion | Apr/22 |
| Money Supply M0 | 71470 DKK Million | 10.018 USD Billion | Apr/22 |
| Money Supply M1 | 1512256 DKK Million | 211.983 USD Billion | Apr/22 |
| Money Supply M2 | 1586767 DKK Million | 222.428 USD Billion | Apr/22 |
| Money Supply M3 | 1680687 DKK Million | 235.593 USD Billion | Apr/22 |
| Central Bank Balance Sheet | 569 DKK Billion | 79.76 B USD | Jan/22 |
| Foreign Direct Investment | -4.9 DKK Billion | -0.687 B USD | 2022 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Retirement Age Men | 66.5 | 2021 |
| Retirement Age Women | 66.5 | 2021 |
| Unemployment Rate | 2.5 % | May/22 |
| Wages | 43577 DKK/Month | 6108.474 USD/Month | 2020 |
| Youth Unemployment Rate | 8.2 % | Apr/22 |
| Employed Persons | 2930 Thousand Person | 2.93 Million Person | 1Q/22 |
| Employment Change | 1.1 % | 4Q/21 |
| Employment Rate | 67.3 % | Dec/21 |
| Full Time Employment | 2152 Thousand Person | 4Q/21 |
| Job Vacancies | 62756 | 62.756 K | 4Q/21 |
| Labor Force Participation Rate | 70.9 % | Dec/21 |
| Long Term Unemployment Rate | 0.9 % | 4Q/21 |
| Part Time Employment | 692 Thousand Persons | 4Q/21 |
| Unemployed Persons | 71321 Persons | 0.071 Million Persons | May/22 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 22 % | 2021 |
| Personal Income Tax Rate | 55.9 % | 2021 |
| Sales Tax Rate | 25 % | 2021 |
| Social Security Rate | 0 % | 2021 |
| Social Security Rate For Companies | 0 % | 2021 |
| Social Security Rate For Employees | 0 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 69.18 BBL/D/1K | Feb/22 |
| Electricity Production | 2719 GWh | Apr/22 |
| Industrial Production | 17 % | Apr/22 |
| Mining Production | 6 % | Apr/22 |
| Industrial Production (MoM) | 1.1 % | Apr/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 833 companies | May/22 |
| Business Confidence | -10 index points | Jun/22 |
| Corruption Index | 88 index points | 2021 |
| Corruption Rank | 1 place | 2021 |
| Ease of Doing Business | 4 place | 2019 |
| Manufacturing PMI | 71.3 index points | Jun/22 |
| Manufacturing Production | 18.9 % | Apr/22 |
| Competitiveness Index | 81.17 Index Points | 2019 |
| Competitiveness Rank | 10 | 2019 |
| Corporate Profits | 321991 DKK Million | 48.042 B USD | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -24.8 index points | Jun/22 |
| Private Debt To GDP | 263 % | 2021 |
| Retail Sales MoM | -1.1 % | May/22 |
| Retail Sales YoY | -7 % | May/22 |
| Consumer Credit | 448 DKK Million | 0.063 USD Billion | Apr/22 |
| Consumer Spending | 248850 DKK Million | 34.883 USD Billion | 1Q/22 |
| Disposable Personal Income | 1233035 DKK Million | 172.843 B USD | 2020 |
| Households Debt To GDP | 106 % | 3Q/21 |
| Households Debt To Income | 205 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 5.1 % | Mar/22 |
