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 | 348 USD Billion | 2019 |
GDP Annual Growth Rate | -2.6 % | 4Q/20 |
GDP Growth Rate | 0.6 % | 4Q/20 |
GDP per capita | 65147 USD | 2019 |
Inflation Rate YoY | 0.6 % | Jan/21 |
Interest Rate | -0.6 % | Nov/20 |
Unemployment Rate | 4.4 % | Dec/20 |
Wages | 42592 DKK/Month | 6925.292 USD/Month | 2019 |
Balance of Trade | 9670 DKK Million | 1.572 B USD | Dec/20 |
Current Account | 12732 DKK Million | 2.07 B USD | Dec/20 |
Foreign Exchange Reserves | 427600 DKK Million | 69.526 B USD | Jan/21 |
Government Debt | 798 DKK Billion | 129.752 B USD | Jan/21 |
GDP

348
USD Billion
#41 from 174 countries
GDP per capita

65147
USD
#6 from 169 countries
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 348 USD Billion | 2019 |
GDP Annual Growth Rate | -2.6 % | 4Q/20 |
GDP Growth Rate | 0.6 % | 4Q/20 |
GDP per capita | 65147 USD | 2019 |
Gross National Product | 550551 DKK Million | 89.517 USD Billion | 4Q/20 |
GDP Constant Prices | 527062 DKK Million | 85.698 B USD | 4Q/20 |
GDP per capita PPP | 57184 USD | 2019 |
GDP From Agriculture | 6131 DKK Million | 0.997 B USD | 4Q/20 |
GDP From Construction | 26879 DKK Million | 4.37 B USD | 4Q/20 |
GDP From Manufacturing | 69051 DKK Million | 11.227 B USD | 4Q/20 |
GDP From Mining | 3448 DKK Million | 0.561 B USD | 4Q/20 |
GDP From Public Administration | 100088 DKK Million | 16.274 B USD | 4Q/20 |
GDP From Transport | 90781 DKK Million | 14.761 B USD | 4Q/20 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 33.2 % | 2019 |
Government Budget Value | -5195 DKK Million | -0.845 USD Billion | 3Q/20 |
Government Spending | 137289 DKK Million | 22.323 USD Billion | 4Q/20 |
Government Debt | 798 DKK Billion | 129.752 USD Billion | Jan/21 |
Government Revenues | 288415 DKK Million | 46.895 USD Billion | 3Q/20 |
Fiscal Expenditure | 293610 DKK Million | 47.74 B USD | 3Q/20 |
Government Budget to GDP | 3.7 % | 2019 |
Government Spending to GDP | 49.6 % | 2019 |
Military Expenditure | 3971 USD Million | 3.971 B USD | 2018 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 104 index points | Jan/21 |
Export Prices | 104 index points | Dec/20 |
Food Inflation | 0.3 % | Jan/21 |
Gasoline Prices | 1.89 USD/Liter | Jan/21 |
GDP Deflator | 111 index points | 4Q/20 |
Import Prices | 100 index points | Dec/20 |
Inflation Rate YoY | 0.6 % | Jan/21 |
Producer Prices | 104 index points | Jan/21 |
Inflation Rate Mom | -0.2 % | Dec/20 |
Core Consumer Prices | 104 Index Points | Jan/21 |
Core Inflation Rate | 1.1 % | Jan/21 |
CPI Transportation | 103 Index Points | Jan/21 |
Harmonised Consumer Prices | 103 Index Points | Jan/21 |
Producer Prices Change | -1.3 % | Dec/20 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | 7.9 % | 2019 |
Weapons Sales | 4 USD Million | 2019 |
Balance of Trade | 9670 DKK Million | 1.572 USD Billion | Dec/20 |
Capital Flows | 91 DKK Million | 0.015 USD Billion | Dec/20 |
Current Account | 12732 DKK Million | 2.07 USD Billion | Dec/20 |
Exports | 104272 DKK Million | 16.954 USD Billion | Dec/20 |
External Debt | 82202 DKK Million | 13.366 USD Billion | Dec/20 |
Foreign Exchange Reserves | 427600 DKK Million | 69.526 USD Billion | Jan/21 |
Imports | 94602 DKK Million | 15.382 USD Billion | Dec/20 |
Terms of Trade | 104 Index Points | Dec/20 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Bank Lending Rate | 0.05 % | Jan/21 |
Gold Reserves | 66.55 Tonnes | 4Q/20 |
Interbank Rate | -0.22 % | Feb/21 |
Interest Rate | -0.6 % | Nov/20 |
Loans to Private Sector | 351 EUR Billion | 424.39 USD Billion | Jan/21 |
Money Supply M0 | 68386 DKK Million | 11.119 USD Billion | Jan/21 |
Money Supply M1 | 1449579 DKK Million | 235.696 USD Billion | Jan/21 |
Money Supply M2 | 1516103 DKK Million | 246.512 USD Billion | Jan/21 |
Money Supply M3 | 1663695 DKK Million | 270.51 USD Billion | Jan/21 |
Central Bank Balance Sheet | 475 DKK Billion | 77.233 B USD | Jan/21 |
Foreign Direct Investment | 811 DKK Billion | 131.865 B USD | 2019 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Retirement Age Men | 65 | 2018 |
Retirement Age Women | 65 | 2018 |
Unemployment Rate | 4.4 % | Dec/20 |
Wages | 42592 DKK/Month | 6925.292 USD/Month | 2019 |
Youth Unemployment Rate | 12.9 % | Dec/20 |
Employed Persons | 2768 Thousand Person | 2.768 Million Person | 4Q/20 |
Employment Change | 1.3 % | 3Q/20 |
Employment Rate | 65.7 % | Dec/20 |
Full Time Employment | 2120 Thousand Person | 3Q/20 |
Job Vacancies | 32580 | 32.58 K | 3Q/20 |
Labor Force Participation Rate | 69.7 % | Dec/20 |
Long Term Unemployment Rate | 1 % | 3Q/20 |
Part Time Employment | 627 Thousand Persons | 3Q/20 |
Unemployed Persons | 125560 Persons | 0.126 Million Persons | Dec/20 |
Taxes
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 22 % | 2019 |
Personal Income Tax Rate | 55.8 % | 2018 |
Sales Tax Rate | 25 % | 2020 |
Social Security Rate | 8 % | 2018 |
Social Security Rate For Companies | 0 % | 2018 |
Social Security Rate For Employees | 8 % | 2018 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Crude Oil Production | 65 BBL/D/1K | Nov/20 |
Electricity Production | 2151 GWh | Dec/20 |
Industrial Production | 2.5 % | Dec/20 |
Mining Production | -23.2 % | Dec/20 |
Industrial Production (MoM) | 2.3 % | Dec/20 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Bankruptcies | 1112 companies | Jan/21 |
Business Confidence | -4 index points | Feb/21 |
Corruption Index | 88 index points | 2020 |
Corruption Rank | 1 place | 2020 |
Ease of Doing Business | 4 place | 2019 |
Manufacturing PMI | 42.13 index points | Jan/21 |
Manufacturing Production | -0.4 % | Dec/20 |
Competitiveness Index | 81.17 Index Points | 2019 |
Competitiveness Rank | 10 | 2019 |
Corporate Profits | 370511 DKK Million | 60.244 B USD | 2018 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | -5.2 index points | Feb/21 |
Private Debt To GDP | 269 % | 2018 |
Retail Sales MoM | -5 % | Jan/21 |
Retail Sales YoY | -7.6 % | Jan/21 |
Consumer Credit | 443 DKK Million | 0.072 USD Billion | Jan/21 |
Consumer Spending | 234772 DKK Million | 38.173 USD Billion | 4Q/20 |
Disposable Personal Income | 1175218 DKK Million | 191.086 B USD | 2019 |
Households Debt To GDP | 111 % | 2Q/20 |
Households Debt To Income | 214 % | 2019 |
Housing Market
Indicator | Data | Period |
---|---|---|
Construction Output | 3.7 % | Nov/20 |
Government Debt

129.752
USD Billion
#27 from 65 countries
Balance of Trade

1.572
USD Billion
#32 from 173 countries
Gold Reserves

66.55
Tonnes
#42 from 114 countries
Foreign Exchange Reserves

69.526
USD Billion
#33 from
114 countries
Government Budget Value

-0.845
USD Billion
#13 from 113 countries
Inflation Rate

0.6
%
#133 from
174 countries
Interest Rate

-0.6
%
#159 from
159 countries
Bank Lending Rate

0.05%
#55 from
55 countries
Unemployment Rate

4.4
%
#130 from
171 countries
Wages

6925.292
USD/Month
#2 from
82 countries
Retirement Age


65
65
men
women
Taxes


22%
55.8%
company profits
income of individuals