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What is the growth rate of the economy and how is it going with government finances and inflation? What is the situation of the labour market and the housing market? What expectations do economic operators have for the future and what is the outlook for the green targets?
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The short term economic development in Denmark is...
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- Short Term Trends
Denmark's economy in numbers: Nominal GDP of USD 400 billion in 2022. GDP per capita of USD 68,122 compared to the global average of USD 10,589. Average real GDP growth of 2% over the last decade.
The economy of Denmark is dominated by the service sector with 80% of all jobs, whereas about 11% of all employees work in manufacturing and 2% in agriculture. The nominal Gross National Income per capita was the ninth-highest in the world at $68,827 in 2023.
As economic activity normalises, our baseline forecast is that real GDP growth will rise in 2025-28, but remain below average growth rates in 2015-19. Read more: Denmark's economy shrinks by 0.1% in Q3
What is the GDP of Denmark? And is the consumer price index rising or falling? Find key indicators of the Danish economy here.
15 maj 2024 · The Danish economy enjoys strong industrial production expansion, driven in large part by the pharmaceutical sector. Expansion in this sector was particularly strong in late 2023, implying that the economy entered 2024 with a strong carry-over supporting solid growth for the year as a whole.
Overview In 2022, Denmark was the number 39 economy in the world in terms of GDP (current US$), the number 37 in total exports, the number 37 in total imports, the number 10 economy in terms of GDP per capita (current US$) and the number 27 most complex economy according to the Economic Complexity Index (ECI) .
