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.

The gross domestic product (GDP) in current prices in Denmark was estimated at about 429.46 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 358.65 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 124.76 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.

Labor Force Participation Rate in Denmark increased to 74.90 percent in April from 74.40 percent in March of 2025. This dataset provides - Denmark Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Denmark (DNKHOUREAQISMEI) from Q1 1971 to Q4 2024 about Denmark, earnings, hours, and manufacturing.

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;

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.

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.

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.

The latest data from show economic growth of 3.6 percent, which is a decrease from the rate of growth of 4.2 percent in the previous quarter and
an increase compared to the growth rate of 2.7 percent in the same quarter last year. The economic growth time series for Denmark cover the period from...

Graph and download economic data for Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Denmark (LMUNRRTTDKQ156S) from Q1 1970 to Q2 2017 about Denmark, unemployment, and rate.

Denmark: Economic globalization index (0-100): The latest value from 2022 is 84.85 points, an increase from 84 points in 2021. In comparison, the world average is 59.16 points, based on data from 184 countries. Historically, the average for Denmark from 1970 to 2022 is 73.63 points. The minimum value, 49.35 points, was reached in 1972 while the maximum of 84.87 points was recorded in 2000.

Denmark: Economic growth forecast: The latest value from 2030 is 1.45 percent, unchanged from 1.45 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Denmark from 1980 to 2030 is 1.88 percent. The minimum value, -4.98 percent, was reached in 2009 while the maximum of 7.38 percent was recorded in 2021.

Denmark: Economic decline index, 0 (low) - 10 (high): The latest value from 2024 is 0.7 index points, a decline from 1 index points in 2023. In comparison, the world average is 5.54 index points, based on data from 176 countries. Historically, the average for Denmark from 2007 to 2024 is 1.93 index points. The minimum value, 0.7 index points, was reached in 2024 while the maximum of 3.1 index points was recorded in 2010.

Denmark DK: Exports: Goods: by Reporting Economy data was reported at 95.326 USD bn in 2016. This records a decrease from the previous number of 95.457 USD bn for 2015. Denmark DK: Exports: Goods: by Reporting Economy data is updated yearly, averaging 27.433 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 117.121 USD bn in 2008 and a record low of 1.482 USD bn in 1960. Denmark DK: Exports: Goods: by Reporting Economy 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: Exports. Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Sum;

The Gross Domestic Product (GDP) in Denmark expanded 3.60 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Denmark GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Denmark remained unchanged at 2.50 percent in April. This dataset provides - Denmark Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The Gross Domestic Product per capita in Denmark was last recorded at 71390 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Denmark, when adjusted by Purchasing Power Parity is equivalent to 402 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 - Labour cost index: Business economy was 2.90 % year-on-year in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Labour cost index: Business economy - last updated from the EUROSTAT on June of 2025. Historically, Denmark - Labour cost index: Business economy reached a record high of 5.40 % year-on-year in March of 2021 and a record low of -1.90 % year-on-year in March of 2022.

Claims on other sectors of the domestic economy (annual growth as % of broad money) in Denmark was reported at --16.24 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Denmark - Claims on other sectors of the domestic economy (annual growth as % of broad money) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.