diversified EU trade-based economy; environmental regulatory innovator; dominant services sector; increased government spending but retaining budget surpluses; currently high inflation; unique "flexicurity" labor market
$339.472 billion (2021 est.)
$323.751 billion (2020 est.)
$330.34 billion (2019 est.)
note: data are in 2017 dollars
comparison ranking
4.86% (2021 est.)
-1.99% (2020 est.)
1.49% (2019 est.)
comparison ranking
$58,000 (2021 est.)
$55,500 (2020 est.)
$56,800 (2019 est.)
note: data are in 2017 dollars
comparison ranking
$350.037 billion (2019 est.)
1.85% (2021 est.)
0.42% (2020 est.)
0.76% (2019 est.)
comparison ranking
Fitch rating: AAA (2003)
Moody's rating: Aaa (1999)
Standard & Poors rating: AAA (2001)
note: The year refers to the year in which the current credit rating was first obtained.
agriculture: 1.3% (2017 est.)
industry: 22.9% (2017 est.)
services: 75.8% (2017 est.)
household consumption: 48% (2017 est.)
government consumption: 25.2% (2017 est.)
investment in fixed capital: 20% (2017 est.)
investment in inventories: -0.2% (2017 est.)
exports of goods and services: 54.5% (2017 est.)
imports of goods and services: -47.5% (2017 est.)
milk, wheat, barley, potatoes, sugar beets, pork, rye, rapeseed, oats, poultry
wind turbines, pharmaceuticals, medical equipment, shipbuilding and refurbishment, iron, steel, nonferrous metals, chemicals, food processing, machinery and transportation equipment, textiles and clothing, electronics, construction, furniture and other wood products
5.25% (2021 est.)
comparison ranking
3.051 million (2021 est.)
comparison ranking
agriculture: 2.4%
industry: 18.3%
services: 79.3% (2016 est.)
4.8% (2021 est.)
5.64% (2020 est.)
5.02% (2019 est.)
comparison ranking
total: 10.1%
male: 9.7%
female: 10.6% (2021 est.)
comparison ranking
12.5% (2018 est.)
27.7 (2019 est.)
comparison ranking
on food: 11.5% of household expenditures (2018 est.)
on alcohol and tobacco: 3.4% of household expenditures (2018 est.)
lowest 10%: 9%
highest 10%: 23.4% (2016 est.)
revenues: $185.645 billion (2019 est.)
expenditures: $172.408 billion (2019 est.)
1.1% (of GDP) (2017 est.)
comparison ranking
35.3% of GDP (2017 est.)
37.9% of GDP (2016 est.)
note: data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intra-governmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions
comparison ranking
34.07% (of GDP) (2020 est.)
comparison ranking
calendar year
$32.465 billion (2021 est.)
$28.952 billion (2020 est.)
$30.55 billion (2019 est.)
comparison ranking
$234.262 billion (2021 est.) note: data are in current year dollars
$195.729 billion (2020 est.) note: data are in current year dollars
$205.019 billion (2019 est.) note: data are in current year dollars
comparison ranking
Germany 14%, United States 10%, Sweden 10%, China 6%, Norway 5% (2021)
packaged medicines, pork, refined petroleum, electric generators, cheese (2021)
$208.121 billion (2021 est.) note: data are in current year dollars
$172.868 billion (2020 est.) note: data are in current year dollars
$179.356 billion (2019 est.) note: data are in current year dollars
comparison ranking
Germany 21%, Sweden 12%, China 9%, Netherlands 8%, Poland 4% (2021)
cars, packaged medicines, refined petroleum, crude petroleum, broadcasting equipment, computers (2021)
$82.236 billion (31 December 2021 est.)
$72.823 billion (31 December 2020 est.)
$66.836 billion (31 December 2019 est.)
comparison ranking
$504.808 billion (2019 est.)
$517.972 billion (2018 est.)
comparison ranking
Danish kroner (DKK) per US dollar -
6.287 (2021 est.)
6.542 (2020 est.)
6.669 (2019 est.)
6.315 (2018 est.)
6.603 (2017 est.)
NOTE: The information regarding Denmark on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Denmark 2023 information contained here. All suggestions for corrections of any errors about Denmark 2023 should be addressed to the CIA or the source cited on each page.
This page was last modified 22 Aug 23, Copyright © 2023 ITA all rights reserved.