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 | 398 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.2 % | 3Q/22 |
| GDP Growth Rate | 0.3 % | 3Q/22 |
| GDP per capita | 58360 USD | 2021 |
| Inflation Rate YoY | 8.7 % | Dec/22 |
| Interest Rate | 1.75 % | Dec/22 |
| Unemployment Rate | 2.4 % | Dec/22 |
| Wages | 44546 DKK/Month | 6457.851 USD/Month | 2021 |
| Balance of Trade | 25628 DKK Million | 3.715 B USD | Nov/22 |
| Current Account | 31822 DKK Million | 4.613 B USD | Nov/22 |
| Foreign Exchange Reserves | 594600 DKK Million | 86.199 B USD | Jan/23 |
| Government Debt | 645 DKK Billion | 93.506 B USD | Dec/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 398 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.2 % | 3Q/22 |
| GDP Growth Rate | 0.3 % | 3Q/22 |
| GDP per capita | 58360 USD | 2021 |
| Gross National Product | 598823 DKK Million | 86.812 USD Billion | 3Q/22 |
| GDP Constant Prices | 563987 DKK Million | 81.761 B USD | 3Q/22 |
| GDP per capita PPP | 57963 USD | 2021 |
| GDP From Agriculture | 4559 DKK Million | 0.661 B USD | 3Q/22 |
| GDP From Construction | 24408 DKK Million | 3.538 B USD | 3Q/22 |
| GDP From Manufacturing | 79464 DKK Million | 11.52 B USD | 3Q/22 |
| GDP From Mining | 3916 DKK Million | 0.568 B USD | 3Q/22 |
| GDP From Public Administration | 97126 DKK Million | 14.08 B USD | 3Q/22 |
| GDP From Transport | 100776 DKK Million | 14.61 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 36.7 % | 2021 |
| Government Budget Value | 7160 DKK Million | 1.038 USD Billion | 3Q/22 |
| Government Spending | 131952 DKK Million | 19.129 USD Billion | 3Q/22 |
| Government Debt | 645 DKK Billion | 93.506 USD Billion | Dec/22 |
| Government Revenues | 317331 DKK Million | 46.004 USD Billion | 3Q/22 |
| Fiscal Expenditure | 310171 DKK Million | 44.966 B USD | 3Q/22 |
| Government Budget to GDP | 3.6 % | 2021 |
| Government Spending to GDP | 51 % | 2021 |
| Military Expenditure | 5391 USD Million | 5.391 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 116 index points | Dec/22 |
| Export Prices | 140 index points | Nov/22 |
| Food Inflation | 14.9 % | Dec/22 |
| Gasoline Prices | 2.31 USD/Liter | Jan/23 |
| GDP Deflator | 127 index points | 3Q/22 |
| Import Prices | 122 index points | Nov/22 |
| Inflation Rate YoY | 8.7 % | Dec/22 |
| Producer Prices | 152 index points | Dec/22 |
| Inflation Rate Mom | -0.6 % | Dec/22 |
| Core Consumer Prices | 113 Index Points | Dec/22 |
| Core Inflation Rate | 6.63 % | Dec/22 |
| CPI Transportation | 117 Index Points | Dec/22 |
| Harmonised Consumer Prices | 116 Index Points | Dec/22 |
| Producer Prices Change | 7.1 % | Dec/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 8.8 % | 2021 |
| Weapons Sales | 27 USD Million | 2021 |
| Balance of Trade | 25628 DKK Million | 3.715 USD Billion | Nov/22 |
| Capital Flows | 764 DKK Million | 0.111 USD Billion | Nov/22 |
| Current Account | 31822 DKK Million | 4.613 USD Billion | Nov/22 |
| Exports | 156919 DKK Million | 22.749 USD Billion | Nov/22 |
| External Debt | 14558 DKK Million | 2.11 USD Billion | Nov/22 |
| Foreign Exchange Reserves | 594600 DKK Million | 86.199 USD Billion | Jan/23 |
| Imports | 131290 DKK Million | 19.033 USD Billion | Nov/22 |
| Terms of Trade | 115 Index Points | Nov/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 1.9 % | Jan/23 |
| Gold Reserves | 66.55 Tonnes | 4Q/22 |
| Interbank Rate | 2.8 % | Feb/23 |
| Interest Rate | 1.75 % | Dec/22 |
| Loans to Private Sector | 446 EUR Billion | 481.439 USD Billion | Dec/22 |
| Money Supply M0 | 68451 DKK Million | 9.923 USD Billion | Dec/22 |
| Money Supply M1 | 1557975 DKK Million | 225.86 USD Billion | Dec/22 |
| Money Supply M2 | 1690014 DKK Million | 245.002 USD Billion | Dec/22 |
| Money Supply M3 | 1847239 DKK Million | 267.795 USD Billion | Dec/22 |
| Central Bank Balance Sheet | 646 DKK Billion | 93.651 B USD | Jan/23 |
| Foreign Direct Investment | 0.7 DKK Billion | 0.101 B USD | 2022 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Retirement Age Men | 67 | 2022 |
| Retirement Age Women | 67 | 2022 |
| Unemployment Rate | 2.4 % | Dec/22 |
| Wages | 44546 DKK/Month | 6457.851 USD/Month | 2021 |
| Youth Unemployment Rate | 11.9 % | Dec/22 |
| Employed Persons | 2994 Thousand Person | 2.994 Million Person | 3Q/22 |
| Employment Change | 0.5 % | 3Q/22 |
| Employment Rate | 68 % | Dec/22 |
| Full Time Employment | 2184 Thousand Person | 3Q/22 |
| Job Vacancies | 67235 | 67.235 K | 3Q/22 |
| Labor Force Participation Rate | 71.4 % | Dec/22 |
| Long Term Unemployment Rate | 0.6 % | 3Q/22 |
| Part Time Employment | 699 Thousand Persons | 3Q/22 |
| Unemployed Persons | 69.4 Persons | 0 Million Persons | Dec/22 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 22 % | 2022 |
| Personal Income Tax Rate | 56 % | 2022 |
| Sales Tax Rate | 25 % | 2022 |
| Social Security Rate | 0 % | 2022 |
| Social Security Rate For Companies | 0 % | 2022 |
| Social Security Rate For Employees | 0 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 64 BBL/D/1K | Oct/22 |
| Electricity Production | 3184 GWh | Nov/22 |
| Industrial Production | 11.5 % | Nov/22 |
| Mining Production | -1.7 % | Nov/22 |
| Industrial Production (MoM) | 2.4 % | Nov/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 660 companies | Dec/22 |
| Business Confidence | -16 index points | Jan/23 |
| Corruption Index | 90 index points | 2022 |
| Corruption Rank | 1 place | 2022 |
| Ease of Doing Business | 4 place | 2019 |
| Manufacturing PMI | 54.9 index points | Jan/23 |
| Manufacturing Production | 12 % | Nov/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 | -26.1 index points | Jan/23 |
| Private Debt To GDP | 266 % | 2021 |
| Retail Sales MoM | -2.2 % | Dec/22 |
| Retail Sales YoY | -7.8 % | Dec/22 |
| Consumer Credit | 463 DKK Million | 0.067 USD Billion | Dec/22 |
| Consumer Spending | 239237 DKK Million | 34.682 USD Billion | 3Q/22 |
| Disposable Personal Income | 1303384 DKK Million | 188.952 B USD | 2021 |
| Households Debt To GDP | 92.3 % | 2Q/22 |
| Households Debt To Income | 207 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 3.4 % | Nov/22 |
