Denmark: Economy

Economic Trivia

Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus but depends on imports of raw materials for the manufacturing sector.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): Germany, Sweden, and Netherlands
Top 3 Exported Goods (2015): Industrial Machinery, Items nesoi, and Electrical Machinery

Top Industries Source: CIA World Factbook

Iron; Steel; Nonferrous Metals; Chemicals

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $264,701,742,375 (2015)
GDP Growth Rate (annual %) 1.179% (2015)
GDP Per Capita, PPP (current international) $46,635 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 56/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 0.452% (2015)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 24.5% (2015)
Real Interest Rate (5 year average %) 4.643% (2002)
Manufacturing, value added (% of GDP) 14.732% (2015)
Current Account Balance (BoP, current US$) $20,691,416,130 (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 2,917,925 (2014)
Employment in Agriculture (% of total employment) 2.3% (2014)
Employment in Industry (% of total employment) 19.3% (2014)
Employment in Services (% of total employment) 78% (2014)
Unemployment Rate 6.6% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $138,456,733,031 (2015)
Exports of goods and services (current US$) $157,223,639,763 (2015)
Total Merchandise Trade (% of GDP) 61.447% (2014)
FDI, net inflows (BoP, current US$) $1,671,053,327 (2015)
Commercial Service Exports (current US$) $72,174,792,798 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Denmark’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary