Source
Central bank

National Bank of Denmark (Danmarks Nationalbank)

International Reserves

USD 70.9 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Gross Domestic Product - GDP

USD 350.9 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 301.3 billion (2018, estimate)

Real GDP growth
2007 2008 2009 2010 2011 2012 2013
0.9% -0.5% -4.9% 1.9% 1.3% 0.2% 0.9%
2014 2015 2016 2017 2018*    
1.6% 2.3% 2.4% 2.3% 1.2%    

*Estimate

GDP per capita - current prices

USD 60,692.4 (2018, estimate)

GDP per capita - PPP

Intl$ 52,120.5 (2018, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2019*
0.46% 0.41% 0.36% 0.26% 0.22%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 0.9% 
  • industry: 20.7% 
  • services: 65.1%

(2018 estimate)

Gross domestic expenditure on R&D; (% of GDP)

3.1% (2017)

OECD, data retrieved October 2019

 

Inflation
2015 2016 2017 2018* 2019*
0.2% 0% 1.1% 0.7% 1.3%

*Estimate

Unemployment rate
2015 2016 2017 2018* 2019*
6.2% 6.2% 5.7% 5% 5%

*Estimate

Household saving rates

6.6% (2018)​

 

Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
39.8% 37.2% 35.5% 34.3% 33%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
-1.3% -0.1% 1.5% 0.5% 0.2%

*Estimate

Government bond ratings

Standard & Poor's: AAA

Moody': Aaa

Standard & Poor's / Moody's 

Market value of publicly traded shares
2016 2017 2018
N/A N/A NA
Largest companies

Møller-Maersk, Danske Bank, Novo Nordisk, Orsted, Carlsberg, Vestas Wind Systems, DSV, Coloplast, Jyske Bank, Novozymes, H Lundbeck, ISS, Drilling Company of 1972

 
 
Source
Current account balance

USD 20.1 billion (2018 estimate)

Current account balance by percentage of GDP

6.6% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

5.7 % (2018 estimate)

Shares in world total merchandising export

0.56% (2018)

Shares in world total commercial services export

1.20% (2018)

Total exports

USD 191.6 billion (2018 estimate)

Export commodities

Wind turbines, pharmaceuticals, machinery and instruments, meat and meat products, dairy products, fish, furniture and design

Total imports

USD 173.6 billion (2018 estimate)

 
 
Source
Import commodities

Machinery and equipment, raw materials and semimanufactures for industry, chemicals, grain and foodstuffs, consumer goods

Exports - major partners

Germany 15.5%, Sweden 11.6%, UK 8.2%, US 7.5%, Norway 6%, China 4.4%, Netherlands 4.4% (2017)

Imports - major partners

Germany 21.3%, Sweden 11.9%, Netherlands 7.8%, China 7.1%, Norway 6.3%, Poland 4% (2017)

FDI inflows
2016 2017 2018
USD 38 million USD 3,447 million USD 1,789 million
FDI outflows
2016 2017 2018
USD 9,881 million USD 8,896 million USD -3,690 million
Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
USD 1,838 million USD 1,330 million USD 5,001 million USD 2,427 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

4 out of 190 countries

​Subcategories:
Starting a Business: 45 out of 190 countries
Dealing with Construction Permits: 4 out of 190 countries
Getting Electricity: 21 out of 190 countries
Registering Property: 11 out of 190 countries
Getting Credit: 48 out of 190 countries
Protecting Minority Investors: 28 out of 190 countries
Paying Taxes: 8 out of 190 countries
Trading across Borders: 1 out of 190 countries
Enforcing Contracts: 14 out of 190 countries
Resolving Insolvency: 6 out of 190 countries

Global competitiveness ranking

10 out of 141 countries

(2019)

Index of Economic Freedom

Ranking: 14 / Score: 76.7 (Mostly free)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+1

Total area

43,094 sq km

Capital

Copenhagen 

Currency

Danish kroner (DKK) 

Government type

Parliamentary constitutional monarchy

Languages

Danish, Faroese, Greenlandic (an Inuit dialect), German (small minority)

Religions

Evangelical Lutheran (official) 74.7%, Muslim 5.5%, other/none/unspecified (denominations of less than 1% each in descending order of size include Roman Catholic, Jehovah's Witness, Serbian Orthodox Christian, Jewish, Baptist, Buddhist, Mormon, Pentecosta

Total population
1990 2000 2010 2015 2020*
5.14 million 5.33 million 5.54 million 5.66 million 5.84 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2018
73.7% 83.7% 85.1% 87.9%
Population median age

41.9 years 

Population growth rate

0.59% (2018 estimate)

Life expectancy

81 years (2018 estimate)

Literacy

N/A

% of population living on less than $3.10 a day

0.2% (last available estimate, 2015)

Inequality of wealth distribution (Gini index)

28.2 (last available estimate, 2015)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Free
Political Rights: 1
Civil Liberties: 1 (2019)
(1 represents the most free, 7 the least free rating)               

Source
Total telephone subscribers as % of population

Fixed: 19.7%

Mobile: 125.1%

(2018)

(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

97.64 % (2018)

Mercer Cost of living index

Copenhagen: 20th (2019)

CO2 emissions

5.94 metric tons per capita (2014)

World's Best Developed & Emerging Markets Banks

World's Best Internet Banks

World’s Best Treasury & Cash Management Providers

World's Best Subcustodian Banks

World’s Best Investment Banks

World’s Best Foreign Exchange Providers

World's Best Banks By Region

World's Best Banks

2013

World’s Best Trade Finance Banks

Best of…

World's Biggest Banks

Additional Awards