Denmark GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Denmark's gdp deflator was 0.75% in 2025, ranked 194th globally. This represents a 48.6% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Denmark's gdp deflator stood at 0.75% in 2025, a decline of +0.71pp from 2024. Based on recent trends, this figure is projected to reach 0.75% by 2025. Denmark ranked 194th globally.
Denmark's GDP deflator has exhibited a notable decline over the past 65 years, with the indicator registering a record low of -2.12% in 2023. This marked a significant decrease from the all-time peak of 13.26% in 1975, a period characterized by high oil prices and economic stagflation. The current value stands at 0.75%, ranking 194th globally. Among its peer countries, Denmark's deflator is closest to Uruguay's 0.76% and Malaysia's 0.73%. The deflator's steady decline suggests a moderation in price pressures in the Danish economy, likely driven by the country's strong productivity growth and high labor market participation. A sustained appreciation of the krone and increased global competition in key industries could further contribute to this trend. However, a significant shift in trade policies or a major economic shock could alter the trajectory of Denmark's GDP deflator, potentially leading to a reversal of the current downward trend.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -0.83% | - | - |
| 2026* trend | -0.04% | - | - |
| 2025* trend | 0.75% | - | - |
| 2025 | 0.75% | −0.71pp | #194 |
| 2024 | 1.46% | +3.58pp | #36 |
| 2023 | -2.12% | −12.52pp | #23 |
| 2022 | 10.40% | +7.35pp | #144 |
| 2021 | 3.04% | +0.22pp | #77 |
| 2020 | 2.83% | +1.88pp | #126 |
| 2019 | 0.95% | +0.36pp | #60 |
| 2018 | 0.59% | −0.51pp | #25 |
| 2017 | 1.10% | +0.67pp | #42 |
| 2016 | 0.43% | +0.02pp | #49 |
| 2015 | 0.41% | −0.61pp | #54 |
| 2014 | 1.02% | +0.17pp | #68 |
| 2013 | 0.85% | −1.56pp | #56 |
| 2012 | 2.41% | +1.76pp | #72 |
| 2011 | 0.65% | −2.54pp | #28 |
Detected Pattern
Analysis
Denmark matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Denmark's gdp deflator was 0.75% in 2025. Ranked 194th globally. This represents a 48.6% decrease from the previous year.
Denmark's gdp deflator peaked at 13.26% in 1975.
The lowest gdp deflator in Denmark was -2.12% in 2023.
Denmark ranks 194th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Denmark's gdp deflator is projected to reach 0.75% by 2025 based on trend extrapolation.
The gdp deflator of Denmark in 2025 was 0.75%. This ranks 194th in the world.
Cite this page
@misc{historysaid_denmark_gdp-deflator,
title = {Denmark GDP Deflator},
url = {https://historysaid.com/denmark/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}