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Economy of Denmark. Statistics, Data and Indicators

flag
Denmark
100AAA Credit rank #1
197.75 Quality of life #1
1 Corruption rank#1
4 Ease of doing business#3
Denmark


Denmark Major Economic Indicators

Indicator Data Period
GDP Value 348 USD Billion 2019
GDP Annual Growth Rate -8.2 % 2Q/20
GDP Growth Rate -6.9 % 2Q/20
GDP per capita 65147 USD 2019
Inflation Rate YoY 0.5 % Aug/20
Interest Rate -0.6 % Jun/20
Unemployment Rate 5.2 % Jul/20
Wages 41736 DKK/Month | 6542.277 USD/Month 2018
Balance of Trade 7534 DKK Million | 1.181 B USD Jul/20
Current Account 14945 DKK Million | 2.343 B USD Jul/20
Foreign Exchange Reserves 455700 DKK Million | 71.433 B USD Aug/20
Government Debt 806 DKK Billion | 126.344 B USD Jul/20


GDP
vvp
348
USD Billion
#41 from 174 countries
GDP per capita
vvp
65147
USD
#6 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 348 USD Billion 2019
GDP Annual Growth Rate -8.2 % 2Q/20
GDP Growth Rate -6.9 % 2Q/20
GDP per capita 65147 USD 2019
Gross National Product 510856 DKK Million | 80.079 USD Billion 2Q/20
GDP Constant Prices 489789 DKK Million | 76.776 B USD 2Q/20
GDP per capita PPP 57184 USD 2019
GDP From Agriculture  5817 DKK Million | 0.912 B USD 2Q/20
GDP From Construction  27148 DKK Million | 4.256 B USD 2Q/20
GDP From Manufacturing  65723 DKK Million | 10.302 B USD 2Q/20
GDP From Mining  3914 DKK Million | 0.614 B USD 2Q/20
GDP From Public Administration  95956 DKK Million | 15.041 B USD 2Q/20
GDP From Transport  79998 DKK Million | 12.54 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 33.2 % 2019
Government Budget Value -734 DKK Million | -0.115 USD Billion 1Q/20
Government Spending 129225 DKK Million | 20.257 USD Billion 2Q/20
Government Debt 806 DKK Billion | 126.344 USD Billion Jul/20
Government Revenues 293612 DKK Million | 46.025 USD Billion 1Q/20
Fiscal Expenditure  294346 DKK Million | 46.14 B USD 1Q/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 Aug/20
Export Prices 102 index points Jul/20
Food Inflation 0.7 % Aug/20
Gasoline Prices 1.83 USD/Liter Aug/20
GDP Deflator 110 index points 2Q/20
Import Prices 100 index points Jul/20
Inflation Rate YoY 0.5 % Aug/20
Producer Prices 103 index points Aug/20
Inflation Rate Mom -0.4 % Aug/20
Core Consumer Prices 104 Index Points Aug/20
Core Inflation Rate 0.9 % Aug/20
CPI Transportation 102 Index Points Aug/20
Harmonised Consumer Prices 103 Index Points Aug/20
Producer Prices Change  0.5 % Jul/20


Trade Indicators

Indicator Data Period
Current Account to GDP 7.9 % 2019
Weapons Sales 4 USD Million 2019
Balance of Trade 7534 DKK Million | 1.181 USD Billion Jul/20
Capital Flows 62 DKK Million | 0.01 USD Billion Jul/20
Current Account 14945 DKK Million | 2.343 USD Billion Jul/20
Exports 56572 DKK Million | 8.868 USD Billion Jul/20
External Debt 96853 DKK Million | 15.182 USD Billion May/20
Foreign Exchange Reserves 455700 DKK Million | 71.433 USD Billion Aug/20
Imports 49038 DKK Million | 7.687 USD Billion Jul/20
Terms of Trade  102 Index Points Jul/20


Money Indicators

Indicator Data Period
Bank Lending Rate 0.05 % Aug/20
Gold Reserves 66.5 Tonnes 2Q/20
Interbank Rate -0.23 % Sep/20
Interest Rate -0.6 % Jun/20
Loans to Private Sector 343 EUR Billion | 400.247 USD Billion Jul/20
Money Supply M0 65757 DKK Million | 10.308 USD Billion Jul/20
Money Supply M1 1442801 DKK Million | 226.165 USD Billion Jul/20
Money Supply M2 1518365 DKK Million | 238.01 USD Billion Jul/20
Money Supply M3 1639587 DKK Million | 257.012 USD Billion Jul/20
Central Bank Balance Sheet 511 DKK Billion | 80.101 B USD Jun/20
Foreign Direct Investment 700 DKK Billion | 109.728 B USD 2018


Labor Indicators

Indicator Data Period
Retirement Age Men 65 2018
Retirement Age Women 65 2018
Unemployment Rate 5.2 % Jul/20
Wages 41736 DKK/Month | 6542.277 USD/Month 2018
Youth Unemployment Rate 12.2 % Jul/20
Employed Persons 2733 Thousand Person | 2.733 Million Person 2Q/20
Employment Change  -3.1 % 2Q/20
Employment Rate  65.3 % Jul/20
Full Time Employment 2076 Thousand Person 2Q/20
Job Vacancies 34750 | 34.75 K 1Q/20
Labor Force Participation Rate 69.5 % Jul/20
Long Term Unemployment Rate 0.9 % 1Q/20
Part Time Employment 655 Thousand Persons 2Q/20
Unemployed Persons 148147 Persons | 0.148 Million Persons Jul/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 78 BBL/D/1K May/20
Electricity Production 3368 GWh Dec/19
Industrial Production -14.6 % Jul/20
Mining Production -41 % Jul/20
Industrial Production (MoM) -5.7 % Jul/20


Business Indicators

Indicator Data Period
Bankruptcies 304 companies Aug/20
Business Confidence -10 index points Aug/20
Corruption Index 87 index points 2019
Corruption Rank 1 place 2019
Ease of Doing Business 4 place 2019
Manufacturing PMI 52.3 index points Aug/20
Manufacturing Production -11.9 % Jul/20
Competitiveness Index 81.17 Index Points 2019
Competitiveness Rank 10 2019
Corporate Profits 370511 DKK Million | 58.079 B USD 2018


Consumer Indicators

Indicator Data Period
Consumer Confidence -7.4 index points Sep/20
Private Debt To GDP 269 % 2018
Retail Sales MoM -1 % Jul/20
Retail Sales YoY 6.8 % Jul/20
Consumer Credit 451 DKK Million | 0.071 USD Billion Jul/20
Consumer Spending 215860 DKK Million | 33.837 USD Billion 2Q/20
Disposable Personal Income 1127877 DKK Million | 176.799 B USD 2018
Households Debt To GDP 111 % 1Q/20
Households Debt To Income 235 % 2018


Housing Market

Indicator Data Period
Construction Output -0.8 % May/20


Government Debt
dept_icon
126.344
USD Billion
#27 from 65 countries
Balance of Trade
balance_icon
1.181
USD Billion
#32 from 173 countries


Gold Reserves
gold_reserve_icon
66.5
Tonnes
#42 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
71.433
USD Billion
#33 from 114 countries


Government Budget Value
balance_icon
-0.115
USD Billion
#13 from 113 countries
Inflation Rate
inflation_icon
0.5
%
#133 from 174 countries


Interest Rate
discount_rate_icon
-0.6
%
#159 from 159 countries
Bank Lending Rate
credit_rate_icon
0.05%
#55 from 55 countries


Unemployment Rate
unemployment_icon
5.2
%
#130 from 171 countries
Wages
salary_icon
6542.277
USD/Month
#2 from 82 countries


Retirement Age
man_icon
woman_icon
65
65
men
women
Taxes
company_icon
private_icon
22%
55.8%
company profits
income of individuals


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