Denmark DK: Gross Domestic Product (GDP) data was reported at 2,178,067.000 DKK mn in 2017. This records an increase from the previous number of 2,100,216.000 DKK mn for 2016. Denmark DK: Gross Domestic Product (GDP) data is updated yearly, averaging 906,782.500 DKK mn from Dec 1966 (Median) to 2017, with 52 observations. The data reached an all-time high of 2,178,067.000 DKK mn in 2017 and a record low of 82,414.000 DKK mn in 1966. Denmark DK: Gross Domestic Product (GDP) data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Denmark – Table DK.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

Key information about Denmark Real GDP Growth

• The Gross Domestic Product (GDP) in Denmark expanded 1.5 % YoY in Dec 2022, following a growth of 3.7 % in the previous quarter.
• Real GDP Growth YoY data in Denmark is updated quarterly, available from Mar 1992 to Dec 2022, with an average rate of 2.0 %.
• The data reached an all-time high of 9.0 % in Jun 2021 and a record low of -6.4 % in Jun 2020.

• In the latest reports, Nominal GDP of Denmark reached 97.0 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 5.5 % in Dec 2022.
• GDP Per Capita in Denmark reached 66,782.7 USD in Dec 2022.
• Its Gross Savings Rate was measured at 36.0 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 26.2 % in Dec 2022.
• Public Consumption accounted for 22.6 % in Dec 2022.
• Private Consumption accounted for 44.0 % in Dec 2022.

Denmark DK: GDP: % of GDP: Exports of Goods and Services data was reported at 55.210 % in 2017. This records an increase from the previous number of 53.584 % for 2016. Denmark DK: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 36.358 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 55.676 % in 2015 and a record low of 26.406 % in 1972. Denmark DK: GDP: % of GDP: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Denmark – Table DK.World Bank.WDI: Gross Domestic Product: Share of GDP. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Denmark Economic Activity Rate: Male data was reported at 77.600 % in 2016. This records an increase from the previous number of 76.800 % for 2015. Denmark Economic Activity Rate: Male data is updated yearly, averaging 77.600 % from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 81.800 % in 2007 and a record low of 76.500 % in 2014. Denmark Economic Activity Rate: Male data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.G010: Economic Activity Rate: Register-Based Labour Force Statistics.

Key information about Denmark GDP Deflator Growth

• Denmark GDP deflator (implicit price deflator) increased 5.5 % in Dec 2022, compared with an increase of 9.2 % in the previous quarter.
• Denmark GDP Deflator Growth data is updated quarterly, available from Mar 1992 to Dec 2022, with an average rate of 1.7 %.
• The data reached an all-time high of 9.3 % in Jun 2022 and a record low of -0.3 % in Sep 2009.

• In the latest reports, Denmark GDP expanded 1.5 % YoY in Dec 2022.
• Its Nominal GDP reached 97.0 USD bn in Dec 2022.
• Denmark GDP Per Capita reached 66,782.7 USD in Dec 2022.
• Its Gross Savings Rate was measured at 36.0 % in Dec 2022.

Key information about Denmark Nominal GDP Growth

• Denmark Nominal GDP Growth was reported at 9.999 % in Dec 2024.
• This records an increase from the previous number of 8.062 % for Sep 2024.
• Denmark Nominal GDP Growth data is updated quarterly, averaging 3.455 % from Mar 1991 to Dec 2024, with 136 observations.
• The data reached an all-time high of 14.271 % in Jun 2021 and a record low of -5.870 % in Jun 2009.
• Denmark Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

Denmark DK: Claims on Other Sectors of The Domestic Economy: % of GDP data was reported at 204.375 % in 2017. This records a decrease from the previous number of 217.586 % for 2016. Denmark DK: Claims on Other Sectors of The Domestic Economy: % of GDP data is updated yearly, averaging 218.190 % from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 252.250 % in 2008 and a record low of 143.290 % in 2001. Denmark DK: Claims on Other Sectors of The Domestic Economy: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Denmark – Table DK.World Bank.WDI: Bank Loans. Claims on other sectors of the domestic economy (IFS line 52S or 32S) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

Denmark DK: GDP: Growth: Gross Value Added: Industry data was reported at 2.535 % in 2017. This records a decrease from the previous number of 3.590 % for 2016. Denmark DK: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 1.608 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 8.012 % in 1994 and a record low of -10.576 % in 2009. Denmark DK: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Denmark – Table DK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Denmark Economic Activity Rate: Male: Descendants data was reported at 60.500 % in 2016. This records an increase from the previous number of 60.000 % for 2015. Denmark Economic Activity Rate: Male: Descendants data is updated yearly, averaging 60.700 % from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 71.800 % in 2007 and a record low of 59.300 % in 2014. Denmark Economic Activity Rate: Male: Descendants data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.G010: Economic Activity Rate: Register-Based Labour Force Statistics.

Denmark DK: GDP: Net National Income data was reported at 1,905,101.000 DKK mn in 2018. This records an increase from the previous number of 1,869,876.000 DKK mn for 2017. Denmark DK: GDP: Net National Income data is updated yearly, averaging 1,424,594.000 DKK mn from Dec 1995 (Median) to 2018, with 24 observations. The data reached an all-time high of 1,905,101.000 DKK mn in 2018 and a record low of 847,003.000 DKK mn in 1995. Denmark DK: GDP: Net National Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Denmark – Table DK.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

Denmark Economic Activity Rate: Female data was reported at 73.500 % in 2016. This records an increase from the previous number of 73.000 % for 2015. Denmark Economic Activity Rate: Female data is updated yearly, averaging 73.500 % from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 76.200 % in 2007 and a record low of 72.800 % in 2014. Denmark Economic Activity Rate: Female data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.G010: Economic Activity Rate: Register-Based Labour Force Statistics.

Key information about Denmark GDP Per Capita

• Denmark Gross Domestic Product (GDP) per Capita reached 67,743.599 USD in Dec 2022, compared with 69,289.794 USD in Dec 2021.
• Denmark GDP Per Capita data is updated yearly, available from Dec 1966 to Dec 2022, with an average number of 30,016.873 USD.
• The data reached an all-time high of 69,289.794 USD in Dec 2021 and a record low of 2,490.177 in Dec 1966.
• CEIC converts annual GDP per Capita into USD. Statistics Denmark provides GDP per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

• In the latest reports, Denmark GDP expanded 1.714 % YoY in Mar 2023.
• Denmark Nominal GDP reached 102.023 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 1.902 % in Mar 2023.
• Gross Savings Rate of Denmark was measured at 31.100 % in Mar 2023.

Denmark DK: Net Lending (+) / Net Borrowing (-): % of GDP data was reported at -0.764 % in 2016. This records an increase from the previous number of -1.691 % for 2015. Denmark DK: Net Lending (+) / Net Borrowing (-): % of GDP data is updated yearly, averaging -0.417 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 5.406 % in 2006 and a record low of -7.129 % in 1982. Denmark DK: Net Lending (+) / Net Borrowing (-): % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Denmark – Table DK.World Bank: Government Revenue, Expenditure and Finance. Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Weighted Average;

Denmark DK: Trade Balance: USD: All Services: Telecommunications, Computer, And Information Services: Information Services: News Agency Services data was reported at -5.700 USD mn in 2018. This records a decrease from the previous number of -3.600 USD mn for 2017. Denmark DK: Trade Balance: USD: All Services: Telecommunications, Computer, And Information Services: Information Services: News Agency Services data is updated yearly, averaging 9.600 USD mn from Dec 2010 (Median) to 2018, with 9 observations. The data reached an all-time high of 59.600 USD mn in 2010 and a record low of -7.000 USD mn in 2016. Denmark DK: Trade Balance: USD: All Services: Telecommunications, Computer, And Information Services: Information Services: News Agency Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Denmark – Table DK.OECD.TISP: Trade in Services: Trade Balance: USD: by Services: OECD Member: Annual.

Key information about Denmark Public Consumption: % of GDP

• Denmark Public Consumption accounted for 22.5 % of its Nominal GDP in Dec 2024, compared with a share of 22.2 % in the previous quarter.
• Denmark Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1990 to Dec 2024, with an average number of 24.5 %.
• The data reached an all-time high of 28.0 % in Mar 2010 and a record low of 21.0 % in Sep 2022.

• In the latest reports, Denmark GDP expanded 1.7 % YoY in Mar 2023.
• Denmark Nominal GDP reached 102.0 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 1.9 % in Mar 2023.
• Denmark GDP Per Capita reached 67,743.6 USD in Dec 2022.
• Its Gross Savings Rate was measured at 34.9 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 21.0 % in Mar 2023.
• Private Consumption accounted for 44.3 % in Dec 2024.

Denmark DK: GDP: Net Income from Abroad data was reported at 54,364.000 DKK mn in 2016. This records a decrease from the previous number of 67,934.000 DKK mn for 2015. Denmark DK: GDP: Net Income from Abroad data is updated yearly, averaging -3,188.863 DKK mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 71,685.000 DKK mn in 2014 and a record low of -27,153.000 DKK mn in 2000. Denmark DK: GDP: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Denmark – Table DK.World Bank.WDI: Gross Domestic Product: Nominal. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Denmark DK: GDP: Growth: GNI per Capita data was reported at 0.443 % in 2016. This records a decrease from the previous number of 0.632 % for 2015. Denmark DK: GDP: Growth: GNI per Capita data is updated yearly, averaging 1.688 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 5.770 % in 1976 and a record low of -5.523 % in 2009. Denmark DK: GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Denmark – Table DK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Denmark DK: GDP: Value Added data was reported at 1,792,407.562 DKK mn in 2022. This records an increase from the previous number of 1,536,155.359 DKK mn for 2021. Denmark DK: GDP: Value Added data is updated yearly, averaging 814,493.000 DKK mn from Dec 1981 (Median) to 2022, with 42 observations. The data reached an all-time high of 1,792,407.562 DKK mn in 2022 and a record low of 249,770.000 DKK mn in 1981. Denmark DK: GDP: Value Added data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Denmark – Table DK.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: OECD Member: Annual.

In Denmark: from reference year 2007, the surveys are conducted by Statistics Denmark (previously by the Danish Centre for Studies in Research and Research Policy). Modifications in the questionnaires have increased the response rate; this is particularly noticeable in the Business enterprise sector where survey response is now mandatory. Additionally, due to changes in the administrative structure, a number of institutes, previously classified in the Government sector, were merged with universities.Until 2002, the HE-sector R&D expenditure was underestimated as R&D carried out in hospital departments at the university-hospitals was included in the Government sector.As of 2002, the business enterprise survey specifically requests data on researchers, technicians and other personnel. Earlier data for R&D personnel by occupation are based on qualification. In 2017, unit reclassification led to a break in series in the 'industrial production and technology' socio-economic objective (increase) and the 'general advancement of knowledge, other than GUF' (decrease). From 2002, GBARD data include government-financed R&D on renewable energy. In 2001, a new principle concerning budgeting of commitments was introduced: commitments of grants are carried to the debit side at the time of entering the commitment, where previously commitment of grants was carried to the debit side at maturity. From 1999, provincial and local government funding is included in the GBARD data (in particular funding in provincial hospitals), as well as funding from the Danish National Research Foundation and the Danish Investment Fund. In 1983, 1988, and 1993, the method for breaking down GBARD data by socio-economic objectives changed, leading to breaks in series.

Denmark DK: GDP: Value Added: Current PPP data was reported at 279.858 USD bn in 2022. This records an increase from the previous number of 233.111 USD bn for 2021. Denmark DK: GDP: Value Added: Current PPP data is updated yearly, averaging 94.422 USD bn from Dec 1981 (Median) to 2022, with 42 observations. The data reached an all-time high of 279.858 USD bn in 2022 and a record low of 31.207 USD bn in 1981. Denmark DK: GDP: Value Added: Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Denmark – Table DK.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: OECD Member: Annual.

In Denmark: from reference year 2007, the surveys are conducted by Statistics Denmark (previously by the Danish Centre for Studies in Research and Research Policy). Modifications in the questionnaires have increased the response rate; this is particularly noticeable in the Business enterprise sector where survey response is now mandatory. Additionally, due to changes in the administrative structure, a number of institutes, previously classified in the Government sector, were merged with universities.Until 2002, the HE-sector R&D expenditure was underestimated as R&D carried out in hospital departments at the university-hospitals was included in the Government sector.As of 2002, the business enterprise survey specifically requests data on researchers, technicians and other personnel. Earlier data for R&D personnel by occupation are based on qualification. In 2017, unit reclassification led to a break in series in the 'industrial production and technology' socio-economic objective (increase) and the 'general advancement of knowledge, other than GUF' (decrease). From 2002, GBARD data include government-financed R&D on renewable energy. In 2001, a new principle concerning budgeting of commitments was introduced: commitments of grants are carried to the debit side at the time of entering the commitment, where previously commitment of grants was carried to the debit side at maturity. From 1999, provincial and local government funding is included in the GBARD data (in particular funding in provincial hospitals), as well as funding from the Danish National Research Foundation and the Danish Investment Fund. In 1983, 1988, and 1993, the method for breaking down GBARD data by socio-economic objectives changed, leading to breaks in series.

Denmark DK: Exports: USD: All Services: Telecommunications, Computer, And Information Services: Information Services: News Agency Services data was reported at 27.900 USD mn in 2018. This records an increase from the previous number of 24.600 USD mn for 2017. Denmark DK: Exports: USD: All Services: Telecommunications, Computer, And Information Services: Information Services: News Agency Services data is updated yearly, averaging 41.000 USD mn from Dec 2010 (Median) to 2018, with 9 observations. The data reached an all-time high of 93.000 USD mn in 2010 and a record low of 21.100 USD mn in 2015. Denmark DK: Exports: USD: All Services: Telecommunications, Computer, And Information Services: Information Services: News Agency Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Denmark – Table DK.OECD.TISP: Trade in Services: Exports: USD: by Services: OECD Member: Annual.