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 | 355 USD Billion | 2020 |
| GDP Annual Growth Rate | -0.8 % | 1Q/21 |
| GDP Growth Rate | -1 % | 1Q/21 |
| GDP per capita | 63880 USD | 2020 |
| Inflation Rate YoY | 1.7 % | Jun/21 |
| Interest Rate | -0.5 % | May/21 |
| Unemployment Rate | 4 % | May/21 |
| Wages | 42592 DKK/Month | 6770.694 USD/Month | 2019 |
| Balance of Trade | 11955 DKK Million | 1.9 B USD | May/21 |
| Current Account | 14583 DKK Million | 2.318 B USD | May/21 |
| Foreign Exchange Reserves | 458400 DKK Million | 72.87 B USD | Jun/21 |
| Government Debt | 783 DKK Billion | 124.471 B USD | May/21 |
GDP
355
USD Billion
#41 from 174 countries
GDP per capita
63880
USD
#6 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 355 USD Billion | 2020 |
| GDP Annual Growth Rate | -0.8 % | 1Q/21 |
| GDP Growth Rate | -1 % | 1Q/21 |
| GDP per capita | 63880 USD | 2020 |
| Gross National Product | 543521 DKK Million | 86.402 USD Billion | 1Q/21 |
| GDP Constant Prices | 526710 DKK Million | 83.729 B USD | 1Q/21 |
| GDP per capita PPP | 55938 USD | 2020 |
| GDP From Agriculture | 5615 DKK Million | 0.893 B USD | 1Q/21 |
| GDP From Construction | 24042 DKK Million | 3.822 B USD | 1Q/21 |
| GDP From Manufacturing | 72582 DKK Million | 11.538 B USD | 1Q/21 |
| GDP From Mining | 3209 DKK Million | 0.51 B USD | 1Q/21 |
| GDP From Public Administration | 98348 DKK Million | 15.634 B USD | 1Q/21 |
| GDP From Transport | 77753 DKK Million | 12.36 B USD | 1Q/21 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 42.2 % | 2020 |
| Government Budget Value | -19746 DKK Million | -3.139 USD Billion | 4Q/20 |
| Government Spending | 133831 DKK Million | 21.275 USD Billion | 1Q/21 |
| Government Debt | 783 DKK Billion | 124.471 USD Billion | May/21 |
| Government Revenues | 328009 DKK Million | 52.142 USD Billion | 4Q/20 |
| Fiscal Expenditure | 347755 DKK Million | 55.281 B USD | 4Q/20 |
| Government Budget to GDP | -1.1 % | 2020 |
| 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) | 105 index points | Jun/21 |
| Export Prices | 119 index points | May/21 |
| Food Inflation | -0.3 % | Jun/21 |
| Gasoline Prices | 2.08 USD/Liter | May/21 |
| GDP Deflator | 111 index points | 1Q/21 |
| Import Prices | 104 index points | May/21 |
| Inflation Rate YoY | 1.7 % | Jun/21 |
| Producer Prices | 112 index points | Jun/21 |
| Inflation Rate Mom | 0.1 % | Jun/21 |
| Core Consumer Prices | 105 Index Points | Jun/21 |
| Core Inflation Rate | 1.3 % | May/21 |
| CPI Transportation | 106 Index Points | Jun/21 |
| Harmonised Consumer Prices | 105 Index Points | Jun/21 |
| Producer Prices Change | 1.8 % | Apr/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 7.8 % | 2020 |
| Weapons Sales | 4 USD Million | 2019 |
| Balance of Trade | 11955 DKK Million | 1.9 USD Billion | May/21 |
| Capital Flows | -25 DKK Million | -0.004 USD Billion | May/21 |
| Current Account | 14583 DKK Million | 2.318 USD Billion | May/21 |
| Exports | 116328 DKK Million | 18.492 USD Billion | May/21 |
| External Debt | 72156 DKK Million | 11.47 USD Billion | Feb/21 |
| Foreign Exchange Reserves | 458400 DKK Million | 72.87 USD Billion | Jun/21 |
| Imports | 104373 DKK Million | 16.592 USD Billion | May/21 |
| Terms of Trade | 114 Index Points | May/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | -0.35 % | Jun/21 |
| Gold Reserves | 66.55 Tonnes | 1Q/21 |
| Interbank Rate | -0.21 % | Jul/21 |
| Interest Rate | -0.5 % | May/21 |
| Loans to Private Sector | 356 EUR Billion | 420.784 USD Billion | May/21 |
| Money Supply M0 | 71994 DKK Million | 11.445 USD Billion | May/21 |
| Money Supply M1 | 1510705 DKK Million | 240.151 USD Billion | May/21 |
| Money Supply M2 | 1579397 DKK Million | 251.071 USD Billion | May/21 |
| Money Supply M3 | 1682942 DKK Million | 267.531 USD Billion | May/21 |
| Central Bank Balance Sheet | 482 DKK Billion | 76.622 B USD | Apr/21 |
| Foreign Direct Investment | -0.6 DKK Billion | -0.095 B USD | 2021 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Retirement Age Men | 66.5 | 2021 |
| Retirement Age Women | 66.5 | 2021 |
| Unemployment Rate | 4 % | May/21 |
| Wages | 42592 DKK/Month | 6770.694 USD/Month | 2019 |
| Youth Unemployment Rate | 11.6 % | May/21 |
| Employed Persons | 2722 Thousand Person | 2.722 Million Person | 1Q/21 |
| Employment Change | -0.7 % | 1Q/21 |
| Employment Rate | 66 % | May/21 |
| Full Time Employment | 2128 Thousand Person | 4Q/20 |
| Job Vacancies | 33635 | 33.635 K | 4Q/20 |
| Labor Force Participation Rate | 69.9 % | May/21 |
| Long Term Unemployment Rate | 1.2 % | 1Q/21 |
| Part Time Employment | 638 Thousand Persons | 4Q/20 |
| Unemployed Persons | 115251 Persons | 0.115 Million Persons | May/21 |
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 | 62.7 BBL/D/1K | Mar/21 |
| Electricity Production | 2790 GWh | Apr/21 |
| Industrial Production | 10.4 % | May/21 |
| Mining Production | -44.1 % | May/21 |
| Industrial Production (MoM) | 0.8 % | May/21 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 486 companies | Jun/21 |
| Business Confidence | 4 index points | Jun/21 |
| Corruption Index | 88 index points | 2020 |
| Corruption Rank | 1 place | 2020 |
| Ease of Doing Business | 4 place | 2019 |
| Manufacturing PMI | 62.12 index points | Jun/21 |
| Manufacturing Production | 13.9 % | May/21 |
| Competitiveness Index | 81.17 Index Points | 2019 |
| Competitiveness Rank | 10 | 2019 |
| Corporate Profits | 321991 DKK Million | 51.186 B USD | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 2.3 index points | Jun/21 |
| Private Debt To GDP | 286 % | 2019 |
| Retail Sales MoM | 1 % | May/21 |
| Retail Sales YoY | 6.4 % | May/21 |
| Consumer Credit | 439 DKK Million | 0.07 USD Billion | May/21 |
| Consumer Spending | 227067 DKK Million | 36.096 USD Billion | 1Q/21 |
| Disposable Personal Income | 1175218 DKK Million | 186.82 B USD | 2019 |
| Households Debt To GDP | 112 % | 4Q/20 |
| Households Debt To Income | 214 % | 2019 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 7.8 % | Apr/21 |
Government Debt
124.471
USD Billion
#27 from 65 countries
Balance of Trade
1.9
USD Billion
#32 from 173 countries
Gold Reserves
66.55
Tonnes
#42 from 114 countries
Foreign Exchange Reserves
72.87
USD Billion
#33 from
114 countries
Government Budget Value
-3.139
USD Billion
#13 from 113 countries
Inflation Rate
1.7
%
#133 from
174 countries
Interest Rate
-0.5
%
#159 from
159 countries
Bank Lending Rate
-0.35%
#55 from
55 countries
Unemployment Rate
4
%
#130 from
171 countries
Wages
6770.694
USD/Month
#2 from
82 countries
Retirement Age
66.5
66.5
men
women
Taxes
22%
55.9%
company profits
income of individuals
