The Gross Domestic Product (GDP) in Denmark was worth 407.09 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Denmark represents 0.39 percent of the world economy. This dataset provides the latest reported value for - Denmark GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Denmark Economic Activity Rate: Immigrants data was reported at 61.700 % in 2016. This records an increase from the previous number of 59.400 % for 2015. Denmark Economic Activity Rate: Immigrants data is updated yearly, averaging 59.900 % from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 62.800 % in 2008 and a record low of 59.400 % in 2015. Denmark Economic Activity Rate: Immigrants 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.

This statistic shows the share of economic sectors in the gross domestic product (GDP) in Denmark from 2013 to 2023. In 2023, the share of agriculture in Denmark's gross domestic product was 0.76 percent, industry contributed approximately 23.49 percent and the services sector contributed about 64.42 percent.

Consumer Spending in Denmark increased to 283.40 DKK Billion in the fourth quarter of 2024 from 281.80 DKK Billion in the third quarter of 2024. This dataset provides - Denmark Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Denmark Economic Activity Rate data was reported at 69.300 % in Sep 2018. This records a decrease from the previous number of 69.400 % for Aug 2018. Denmark Economic Activity Rate data is updated monthly, averaging 69.600 % from Jan 2007 (Median) to Sep 2018, with 141 observations. The data reached an all-time high of 73.000 % in Sep 2008 and a record low of 67.600 % in Feb 2014. Denmark Economic Activity Rate data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.G009: Economic Activity Rate: Labour Force Survey.

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.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

The growth of the Danish gross domestic product (GDP) in 2020 was minus 2.1 percent. This is due to the outbreak of the coronavirus (COVID-19). However, the GDP recovered in 2021, growing by almost five percent. Denmark's GDP was forecast to grow by two percent in 2024.

Denmark Economic Activity Rate: Danish Origin data was reported at 78.100 % in 2016. This records an increase from the previous number of 77.500 % for 2015. Denmark Economic Activity Rate: Danish Origin data is updated yearly, averaging 77.800 % from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 80.800 % in 2007 and a record low of 77.100 % in 2014. Denmark Economic Activity Rate: Danish Origin 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.

The statistic shows the distribution of employment in Denmark by economic sector from 2012 to 2022. In 2022, 2.12 percent of the employees in Denmark were active in the agricultural sector, 19.08 percent in industry and 78.81 percent in the service sector.

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.

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.

Graph and download economic data for Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Denmark (BCOBLV02DKM460S) from Jan 1985 to Feb 2025 about business sentiment, Denmark, orders, construction, and business.

CCI: Denmark General Economic Situation: Last 12 Months data was reported at 6.300 % in Nov 2018. This records a decrease from the previous number of 12.700 % for Oct 2018. CCI: Denmark General Economic Situation: Last 12 Months data is updated monthly, averaging -3.000 % from Oct 1974 (Median) to Nov 2018, with 419 observations. The data reached an all-time high of 28.100 % in Jan 2006 and a record low of -63.000 % in May 1980. CCI: Denmark General Economic Situation: Last 12 Months data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.H008: Consumer Confidence Indicator.

Key information about Denmark Labour Productivity Growth

• Denmark Labour Productivity dropped by 2.65 % YoY in Dec 2024, compared with a growth of 2.92 % in the previous quarter
• Denmark Labour Productivity Growth data is updated quarterly, available from Mar 1991 to Dec 2024, averaging at 1.32 %
• The data reached an all-time high of 8.22 % in Jun 2021 and a record low of -5.07 % in Dec 2008

• In the latest reports, Denmark Population reached 5.84 Person mn in Dec 2020
• Its Unemployment Rate dropped to 4.90 % in May 2023
• Monthly Earnings of Denmark stood at 6,905.44 USD in Dec 2023
• The country's Labour Force Participation Rate increased to 73.80 % in Dec 2024

Manufacturing Production in Denmark decreased 6.20 percent in January of 2025 over the same month in the previous year. This dataset provides - Denmark Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Denmark (LRUN74TTDKQ156N) from Q1 1995 to Q3 2024 about 15 to 74 years, Denmark, unemployment, and rate.

The gross domestic product (GDP) in current prices in Denmark was forecast to continuously increase between 2024 and 2029 by in total 91.4 billion U.S. dollars (+22.17 percent). After the seventh consecutive increasing year, the GDP is estimated to reach 503.67 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Norway, Iceland, and Sweden.

Graph and download economic data for Gross Domestic Product for Denmark (CPMNACSCAB1GQDK) from Q1 1991 to Q4 2024 about Denmark and GDP.

In 2022, the inflation rate in Denmark amounted to 8.53 percent compared to the previous year. Forecasts see it rising to around two percent, the rate of inflation considered stable by economists.

Denmark’s economy in short

Denmark is a market economy with a consistent trade surplus, with most of its workforce employed in the services sector. It relies on foreign trade and exports mostly chemicals, agricultural products, and machinery. Denmark is not part of the euro area and thus has kept its currency, the Danish krone. Nevertheless, it was hit by the recession of 2008 and 2009, but has recovered quite well.

Everything’s stable in the state of Denmark

Despite a slump during the economic crisis around 2008 and 2009, Denmark’s economy is considered to be thriving. Key economic indicators all point to a bright future: Unemployment has been decreasing for the last few years, GDP growth has been steady, and additionally, Denmark scored quite high on the Human Development Index (HDI) – a sure sign that economy and living conditions in the country are stable.