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Denmark

High income · Population 5,976,992.00 · GDP 424,524,722,037.05
HistorySaid – pattern

Denmark matched the Export Boom Cycle pattern in 2021. 7 pattern matches detected historically. View →

HistorySaid – ranking

Denmark ranks 155th globally by GDP ($424.5B in 2024). View →

HistorySaid – inflation

Inflation in Denmark fell from 3.3% (2023) to 1.4% (2024) – a 1.9pp shift. View →

HistorySaid – population

Denmark has a population of 6.0 million as of 2024 (growth: 0.51%). View →

Economy & Growth
GDP $424.5B GDP per Capita $71,026 GDP Growth 3.48%
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Agriculture Value Added 1.00% 1.04% 0.93% 0.82% Trend 0.73% Trend 0.65% Trend
GDP $400.1B $404.7B $424.5B $459.6B IMF WEO Oct 2025 $500.1B IMF WEO Oct 2025 $521.6B IMF WEO Oct 2025 $542.5B IMF WEO Oct 2025 $563.7B IMF WEO Oct 2025 $585.8B IMF WEO Oct 2025
GDP Deflator 10.40% -2.12% 1.46% 0.75% Trend -0.04% Trend -0.83% Trend
GDP Growth 0.44% 0.60% 3.48% 1.84% IMF WEO Oct 2025 2.21% IMF WEO Oct 2025 1.64% IMF WEO Oct 2025 1.54% IMF WEO Oct 2025 1.54% IMF WEO Oct 2025 1.54% IMF WEO Oct 2025
GDP PPP $465.8B $463.2B $489.4B $508.7B IMF WEO Oct 2025 $529.3B IMF WEO Oct 2025 $547.0B IMF WEO Oct 2025 $564.4B IMF WEO Oct 2025 $583.2B IMF WEO Oct 2025 $603.2B IMF WEO Oct 2025
GDP per Capita $67,781 $68,044 $71,026 $76,581 IMF WEO Oct 2025 $82,706 IMF WEO Oct 2025 $85,596 IMF WEO Oct 2025 $88,205 IMF WEO Oct 2025 $91,148 IMF WEO Oct 2025 $94,085 IMF WEO Oct 2025
GDP per Capita PPP $78,914 $77,892 $81,878 $84,763 IMF WEO Oct 2025 $87,540 IMF WEO Oct 2025 $89,767 IMF WEO Oct 2025 $91,778 IMF WEO Oct 2025 $94,300 IMF WEO Oct 2025 $96,881 IMF WEO Oct 2025
GNI $411.0B $417.7B $438.1B $452.4B Trend $466.2B Trend $479.9B Trend
GNI per Capita $72,040 $72,080 $72,540 $76,415 Trend $78,608 Trend $80,801 Trend
Gross Savings 35.94% 34.65% 35.40% 34.27% IMF WEO Oct 2025 34.27% IMF WEO Oct 2025 34.20% IMF WEO Oct 2025 34.12% IMF WEO Oct 2025 34.07% IMF WEO Oct 2025 34.03% IMF WEO Oct 2025
Industry Value Added 20.67% 23.62% 24.14% 25.49% Trend 26.83% Trend 28.17% Trend
Services Value Added 66.43% 63.91% 63.55% 63.02% Trend 62.26% Trend 61.50% Trend
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate 1.37% Consumer Price Index 127.29 PPP Conversion Factor 6.05
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Consumer Price Index 121.55 125.57 127.29 133.32 Trend 137.88 Trend 142.45 Trend
Inflation Rate 7.70% 3.31% 1.37% 1.93% IMF WEO Oct 2025 2.06% IMF WEO Oct 2025 2.00% IMF WEO Oct 2025 2.00% IMF WEO Oct 2025 2.00% IMF WEO Oct 2025 2.00% IMF WEO Oct 2025
PPP Conversion Factor 6.11 6.05 6.05 5.91 Trend 5.83 Trend 5.74 Trend
Italic values are IMF World Economic Outlook projections.
Population
Population 6.0M Population Growth 0.50% Population Density 148.7
Indicator 2023 2024 2025 2025 2026 2027 2028
Birth Rate 9.7 9.4 Trend 9.2 Trend
Death Rate 9.8 10.4 Trend 10.5 Trend
Dependency Ratio 57.40 57.64 57.74 Trend 57.88 Trend 58.02 Trend
Fertility Rate 1.50 1.42 Trend 1.37 Trend
Life Expectancy 81.9 81.7 Trend 81.8 Trend
Net Migration 31,006 25,639 22,103 19,926 Trend 15,512 Trend 11,097 Trend
Population 5.9M 6.0M 6.0M Trend 6.1M Trend 6.1M Trend
Population Density 148.7 150.1 Trend 151.0 Trend
Population Growth 0.74% 0.50% 0.77% Trend 0.84% Trend 0.92% Trend
Refugee Population
Urban Population 88.55% 88.70% 88.79% Trend 88.91% Trend 89.03% Trend
Italic values are IMF World Economic Outlook projections.
Employment
Unemployment Rate 5.53% Youth Unemployment 11.74% Labor Force Participation 64.94%
Indicator 2023 2024 2025 2025 2026 2027 2028 2029 2030
Agriculture Employment 2.02% 1.67% 1.62% 1.51% Trend 1.38% Trend 1.25% Trend
Female Labor Participation 59.81% 60.90% 60.79% 61.83% Trend 62.49% Trend 63.15% Trend
Industry Employment 19.26% 19.00% 18.80% 18.75% Trend 18.63% Trend 18.51% Trend
Labor Force Participation 63.75% 65.05% 64.94% 65.80% Trend 66.41% Trend 67.02% Trend
Services Employment 78.72% 79.33% 79.57% 79.75% Trend 80.00% Trend 80.24% Trend
Unemployment Rate 5.09% 5.36% 5.53% 2.95% IMF WEO Oct 2025 2.95% IMF WEO Oct 2025 2.95% IMF WEO Oct 2025 2.95% IMF WEO Oct 2025 2.95% IMF WEO Oct 2025 2.95% IMF WEO Oct 2025
Youth Unemployment 11.50% 11.79% 11.74% 12.21% Trend 12.52% Trend 12.83% Trend
Italic values are IMF World Economic Outlook projections.
Government
Tax Revenue 31.59% Government Spending 33.34% Military Spending 2.42%
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Budget Deficit 3.39% 3.43% 4.46% 1.80% IMF WEO Oct 2025 0.37% IMF WEO Oct 2025 -0.11% IMF WEO Oct 2025 -0.19% IMF WEO Oct 2025 -0.44% IMF WEO Oct 2025 -0.55% IMF WEO Oct 2025
Education Spending
Government Debt to GDP 34.23% 33.79% 31.45% 29.63% IMF WEO Oct 2025 29.11% IMF WEO Oct 2025 29.21% IMF WEO Oct 2025 29.44% IMF WEO Oct 2025 29.90% IMF WEO Oct 2025 30.41% IMF WEO Oct 2025
Government Revenue 48.48% 50.83% 51.79% 50.77% IMF WEO Oct 2025 50.00% IMF WEO Oct 2025 49.63% IMF WEO Oct 2025 49.79% IMF WEO Oct 2025 49.90% IMF WEO Oct 2025 49.90% IMF WEO Oct 2025
Government Spending 32.16% 33.34% 30.99% Trend 29.94% Trend
Health Spending 9.47% 9.56% 9.39% 8.84% Trend 8.47% Trend 8.10% Trend
Military Spending 1.36% 2.00% 2.42% 2.53% Trend 2.81% Trend 3.09% Trend
Tax Revenue 30.81% 31.59% 29.24% Trend 28.20% Trend
Italic values are IMF World Economic Outlook projections.
Debt
Indicator 2021 2022 2023 2025 2026
Debt Service
Domestic Credit
External Debt
External Debt to GNI
Interest Payments to Revenue 1.00% 1.64% 1.21% 1.18% Trend 1.15% Trend
Short-term Debt
Italic values are IMF World Economic Outlook projections.
Money
Indicator 2022 2023 2024 2025 2026 2027
Credit to GDP 143.41% 147.48% 144.09% 136.76% Trend 132.10% Trend 127.43% Trend
Deposit Rate
Lending Rate
M2 Money Supply Growth 9.82% 4.81% 1.41% 1.67% Trend 0.57% Trend -0.53% Trend
Non-Performing Loans 1.07% 0.94% 0.73% Trend 0.61% Trend
Real Interest Rate
Italic values are IMF World Economic Outlook projections.
Currency
Exchange Rate 6.89 Real Effective Exchange Rate 97.59 Foreign Reserves $108.4B
Indicator 2024 2025 2026 2025 2026 2027 2028 2029
Exchange Rate 6.89 7.13 Trend 7.26 Trend 7.39 Trend
Foreign Reserves $108.4B $123.3B Trend $133.1B Trend $142.9B Trend
Real Effective Exchange Rate 94.21 97.33 97.59 98.34 Trend 99.23 Trend 100.11 Trend
Reserves in Months of Imports 4.4 4.5 Trend 4.5 Trend 4.5 Trend
Italic values are IMF World Economic Outlook projections.
Trade
Exports $301.4B Imports $257.5B Trade Balance $43.5B
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Current Account Balance 11.15% 11.10% 12.28% 12.24% IMF WEO Oct 2025 11.66% IMF WEO Oct 2025 11.40% IMF WEO Oct 2025 11.26% IMF WEO Oct 2025 11.22% IMF WEO Oct 2025 11.19% IMF WEO Oct 2025
Exports $282.9B $280.5B $301.4B $335.5B Trend $360.6B Trend $385.7B Trend
FDI Inflows 6.90% 2.21% 4.37% 5.42% Trend 6.02% Trend 6.62% Trend
FDI Outflows 7.26% 2.81% 7.23% 6.67% Trend 6.96% Trend 7.25% Trend
Imports $244.6B $243.7B $257.5B $285.0B Trend $304.2B Trend $323.4B Trend
Remittances Received $1.4B $1.5B $1.5B $1.6B Trend $1.6B Trend $1.7B Trend
Tourism Receipts
Trade Balance $38.1B $36.4B $43.5B $50.1B Trend $56.0B Trend $61.8B Trend
Trade Openness 132.00% 129.63% 131.77% 143.62% Trend 150.82% Trend 158.01% Trend
Italic values are IMF World Economic Outlook projections.
Financial Markets
Market Capitalization 60.06% Stock Turnover Ratio 45.05% Listed Companies 178
Indicator 2002 2003 2004
Interest Rate Spread
Listed Companies 193 188 178
Market Capitalization 42.93% 55.69% 60.06%
Stock Turnover Ratio 42.36% 36.07% 45.05%
Italic values are IMF World Economic Outlook projections.
Political Stability
Political Stability 0.85 Government Effectiveness 2.02 Regulatory Quality 1.84
Indicator 2021 2022 2023 2025 2026
Control of Corruption 2.33 2.40 2.38 2.56 Trend 2.63 Trend
Government Effectiveness 1.96 1.99 2.02 2.11 Trend 2.15 Trend
Political Stability 0.93 0.87 0.85 0.79 Trend 0.76 Trend
Regulatory Quality 1.80 1.84 1.84 2.02 Trend 2.08 Trend
Rule of Law 1.90 1.90 1.91 1.97 Trend 1.99 Trend
Voice and Accountability 1.54 1.59 1.66 1.70 Trend 1.73 Trend
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $6,745 Infant Mortality Rate 3.0 Maternal Mortality Ratio 4.00
Indicator 2022 2023 2024 2025 2026 2027
Health Expenditure per Capita $6,451 $6,511 $6,745 $6,590 Trend $6,543 Trend $6,496 Trend
Hospital Beds 2.48 2.43 2.35 Trend 2.31 Trend
Infant Mortality Rate 3.1 3.0 2.9 Trend 2.8 Trend
Maternal Mortality Ratio 6.00 4.00 6.00 Trend 6.20 Trend
Physicians
Italic values are IMF World Economic Outlook projections.
Education
Tertiary Enrollment 81.23% Education Spending 6.36%
Indicator 2021 2022 2023 2025 2026
Education Spending 6.96% 6.36% 5.93% Trend
Literacy Rate
Primary Enrollment 100.31% 100.24% 99.87% 99.66% Trend 99.50% Trend
Tertiary Enrollment 83.98% 84.59% 81.23% 83.23% Trend 83.33% Trend
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 39.50%
Indicator 2021 2022 2023 2025 2026
CO2 Emissions
CO2 per Capita
Electricity Access 100.00% 100.00% 100.00% 100.00% Trend 100.00% Trend
Energy Use per Capita 2,756 2,581 2,483 2,401 Trend 2,340 Trend
Forest Area 15.73% 15.76% 15.78% 15.83% Trend 15.85% Trend
Renewable Energy 39.50%
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 99.77% Mobile Subscriptions 126.92 R&D Spending 2.89%
Indicator 2022 2023 2024 2025 2026 2027
High-tech Exports 15.99% 17.13% 17.62% 19.17% Trend 20.37% Trend 21.57% Trend
Internet Users 97.86% 98.78% 99.77% 100.27% Trend 100.90% Trend 101.54% Trend
Mobile Subscriptions 126.48 126.92 128.31 Trend 128.99 Trend
Patent Applications
R&D Spending 2.89% 2.75% Trend
Italic values are IMF World Economic Outlook projections.
Inequality
Gini Index 29.9 Poverty Rate 0.40% Income Share Top 10% 25.50%
Indicator 2021 2022 2023 2025 2026
Gini Index 28.3 29.3 29.9 31.0 Trend 31.6 Trend
Income Share Bottom 10% 3.70% 3.60% 3.60% 3.48% Trend 3.43% Trend
Income Share Top 10% 23.80% 24.50% 25.50% 26.28% Trend 26.84% Trend
Poverty Rate 0.20% 0.20% 0.40% 0.34% Trend 0.36% Trend
Italic values are IMF World Economic Outlook projections.