The gross domestic product (GDP) in current prices in Denmark amounted to 424.53 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 353.72 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 161.31 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.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.

The Gross Domestic Product (GDP) in Denmark was worth 429.46 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Denmark represents 0.40 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.

The Gross Domestic Product per capita in Denmark was last recorded at 63229.95 US dollars in 2024. The GDP per Capita in Denmark is equivalent to 501 percent of the world's average. This dataset provides the latest reported value for - Denmark GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) per capita in Denmark stood at 71,210 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 57,390 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 22,880 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Denmark Real GDP Growth

• The Gross Domestic Product (GDP) in Denmark expanded 3.9 % YoY in Sep 2025, following a growth of 2.0 % in the previous quarter.
• Real GDP Growth YoY data in Denmark is updated quarterly, available from Mar 1992 to Sep 2025, with an average rate of -3.7 %.
• The data reached an all-time high of 10.3 % in Jun 2021 and a record low of -6.1 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Statistics Denmark provides Real GDP in local currency, at chain linked 2020 prices.


Related information about Denmark Real GDP Growth

• In the latest reports, Nominal GDP of Denmark reached 120.1 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.1 % in Sep 2025.
• GDP Per Capita in Denmark reached 71,005.2 USD in Dec 2024.
• Its Gross Savings Rate was measured at 35.0 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 20.8 % in Sep 2025.
• Public Consumption accounted for 22.9 % in Sep 2025.
• Private Consumption accounted for 42.8 % in Sep 2025.

Denmark: GDP per capita, current U.S. dollars: The latest value from 2024 is 71851.76 U.S. dollars, an increase from 68453.88 U.S. dollars in 2023. In comparison, the world average is 19439.19 U.S. dollars, based on data from 176 countries. Historically, the average for Denmark from 1960 to 2024 is 30124.44 U.S. dollars. The minimum value, 1389.02 U.S. dollars, was reached in 1960 while the maximum of 71851.76 U.S. dollars was recorded in 2024.

Key information about Denmark Nominal GDP

• Denmark Nominal GDP reached 97.0 USD bn in Dec 2022, compared with 96.7 USD bn in the previous quarter.
• Nominal GDP in Denmark is updated quarterly, available from Mar 1990 to Dec 2022, with an average number of 72.0 USD bn.
• The data reached an all-time high of 101.6 USD bn in Dec 2021 and a record low of 32.3 USD bn in Mar 1990.

CEIC converts quarterly Nominal GDP into USD. Statistics Denmark provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Related information about Denmark Nominal GDP

• In the latest reports, Denmark GDP expanded 1.5 % YoY in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 5.5 % 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.
• 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.

Actual value and historical data chart for Denmark GDP Us Dollar

Key information about Denmark GDP Per Capita

• Denmark Gross Domestic Product (GDP) per Capita reached 71,005.231 USD in Dec 2024, compared with 68,026.948 USD in Dec 2023.
• Denmark GDP Per Capita data is updated yearly, available from Dec 1966 to Dec 2024, with an average number of 35,334.586 USD.
• The data reached an all-time high of 71,005.231 USD in Dec 2024 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.

Related information about Denmark GDP Per Capita data

• In the latest reports, Denmark GDP expanded 3.874 % YoY in Sep 2025.
• Denmark Nominal GDP reached 120.107 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.076 % in Sep 2025.
• Gross Savings Rate of Denmark was measured at 35.012 % in Sep 2025.

The Gross Domestic Product per capita in Denmark was last recorded at 73709 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Denmark, when adjusted by Purchasing Power Parity is equivalent to 415 percent of the world's average. This dataset provides the latest reported value for - Denmark GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Denmark GDP: USD: Seasonally Adjusted data was reported at 429.400 USD bn in 2024. This records an increase from the previous number of 407.073 USD bn for 2023. Denmark GDP: USD: Seasonally Adjusted data is updated yearly, averaging 302.191 USD bn from Dec 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 429.400 USD bn in 2024 and a record low of 138.546 USD bn in 1990. Denmark GDP: USD: Seasonally Adjusted 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.GEM: Gross Domestic Products: Nominal: Annual.

Key information about Denmark GDP Deflator Growth

• Denmark GDP deflator (implicit price deflator) increased 0.1 % in Sep 2025, compared with an increase of 2.4 % in the previous quarter.
• Denmark GDP Deflator Growth data is updated quarterly, available from Mar 1992 to Sep 2025, with an average rate of 3.9 %.
• The data reached an all-time high of 11.7 % in Jun 2022 and a record low of -4.3 % in Dec 2023.

CEIC calculates GDP Deflator Growth from quarterly Nominal and Real GDP. Statistics Denmark provides Nominal GDP in local currency and Real GDP in local currency, at chain linked 2020 prices.


Related information about Denmark GDP Deflator Growth

• In the latest reports, Denmark GDP expanded 3.9 % YoY in Sep 2025.
• Its Nominal GDP reached 120.1 USD bn in Sep 2025.
• Denmark GDP Per Capita reached 71,005.2 USD in Dec 2024.
• Its Gross Savings Rate was measured at 35.0 % in Sep 2025.

GDP per capita (current US$) in Denmark was reported at 71852 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Denmark - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Monthly and long-term Denmark GDP data: historical series and analyst forecasts curated by FocusEconomics.

Key information about Denmark Current Account Balance: % of GDP

• Denmark Current Account surplus accounted for 17.5 % of the country's Nominal GDP in Dec 2024, compared with a 15.0 % surplus in the previous quarter.
• Denmark Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1990 to Dec 2024, with an average value of 3.7 %.
• The data reached an all-time high of 17.5 % in Dec 2024 and a record low of -3.9 % in Dec 1998.

CEIC calculates Current Account Balance as % of Nominal GDP from monthly Current Account Balance and quarterly Nominal GDP. Statistics Denmark provides Current Account Balance in local currency and Nominal GDP in local currency. Current Account Balance prior to Q1 2005 is sourced from the International Monetary Fund.


Key information about Denmark Current Account Balance: % of GDP

• In the latest reports of Denmark, Current Account recorded a surplus of 5.3 USD bn in Apr 2023.
• Foreign Direct Investment (FDI) fell by 8.6 USD bn in Dec 2024.
• Denmark Direct Investment Abroad fell by 2.6 USD bn in Dec 2024.
• Its Foreign Portfolio Investment increased by 528.6 USD mn in Dec 2024.
• The country's Nominal GDP was reported at 102.0 USD bn in Mar 2023.

GDP per capita, PPP (current international $) in Denmark was reported at 79514 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Denmark - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Key information about Denmark Investment: % of GDP

• Denmark Investment accounted for 20.8 % of its Nominal GDP in Sep 2025, compared with a ratio of 23.8 % in the previous quarter.
• Denmark investment share of Nominal GDP data is updated quarterly, available from Mar 1990 to Sep 2025, with an average ratio of 23.9 %.
• The data reached an all-time high of 27.2 % in Dec 2022 and a record low of 15.1 % in Dec 1993.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Statistics Denmark provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about Denmark Investment: % of GDP

• In the latest reports, Denmark GDP expanded 3.9 % YoY in Sep 2025.
• Denmark Nominal GDP reached 120.1 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.1 % in Sep 2025.
• Denmark GDP Per Capita reached 71,005.2 USD in Dec 2024.
• Its Gross Savings Rate was measured at 35.0 % in Sep 2025.

GDP per capita, PPP (constant 2017 international $) in Denmark was reported at 73709 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Denmark - GDP per capita, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

From 2011 to 2022, Sweden had the highest gross domestic product (GDP) of the Nordic countries. In 2022, it was estimated to be at 591 billion U.S. dollars, and is expected to reach almost 720 billion in 2027. Norway had the second highest GDP in this time period, but it dropped significantly after the fall in the oil price in 2014. Denmark has consistently been the third largest Nordic economy in this time. Iceland has the lowest GDP in the region, with just 28 billion U.S. dollars in 2022; around 10 percent the size of Finland's.

Key information about Denmark Private Consumption: % of GDP

• Denmark Private Consumption accounted for 42.8 % of its Nominal GDP in Sep 2025, compared with a ratio of 43.7 % in the previous quarter.
• Denmark Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1990 to Sep 2025, with an average share of 0.0 %.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Statistics Denmark provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Denmark Private Consumption: % of GDP

• In the latest reports, Denmark GDP expanded 3.9 % YoY in Sep 2025.
• Its Nominal GDP reached 120.1 USD bn in Sep 2025.
• Denmark GDP Per Capita reached 71,005.2 USD in Dec 2024.
• Its Gross Savings Rate was measured at 35.0 % in Sep 2025.