Denmark GDP

Denmark country overview

Before we start to discuss Denmark GDP, first we discuss Denmark’s country overview, so Denmark is located in Europe.

Its capital and largest city name are Copenhagen. Its official language is Danish. In ethnic groups, 86% Danish and 14% non-Danish peoples live in Denmark.

When we talk about the religious divide in Denmark, so 76% of Christianity, 19% of non-religion, and other religion-related peoples live in Denmark.

Denmark’s government system is the Unitary parliamentary constitutional monarchy. Its monarch name is Margrethe II. Its prime minister’s name is Mette Frederiksen.

Denmark’s total land area is 42,933 km2. Its land area rank is 130th in the world. Its total population is 5,850,200 in the year 2021. Its population rank is 114th in the world.

Denmark Economy

Denmark’s currency is called the Danish Krone. Denmark’s economy is generally called the developed and advanced economy and also a high-income economy.

The inflation rate in Denmark is 1.4% in the year 2021. 5.8% of its population lives below the poverty line. Its HDI rate is 0.940 Which is considered the highest in the world.

Its HDI rank is 10th in the world. The unemployment rate in Denmark is 6% in the year 2020. Its gross external debt is %484 billion in the year 2016. Denmark’s total foreign reserves are $75 billion in the year 2017.

Denmark GDP

Its total GDP is $372 billion (nominal)and $370 billion (PPP) in the year 2021. Its GDP rank is 36th (nominal) and 51st (PPP) in the year 2021.

Its GDP growth is 3.4% in the year 2021. Its GDP per capita is $67,900 (nominal) and $58,100 (PPP) in the year 2021. Its GDP per capita rank is 7th (nominal) and 10th (PPP) in the year 2021.

When we talk about its GDP by sector, so agriculture was 1.7%, industry 15%, and services are 75% in the year 2017.

Denmark Exports

Denmark’s total exports are $114 billion in the year 2017. Its main export goods are machinery, meats, fish, food products, and others. Its main export partners are Germany, the United Kingdom, the United States, China, and others.

Denmark Imports

Its total imports are $95 billion in the year 2017. Its main import goods are machinery, raw material, chemicals, food products, and others. Its main import partners are Germany, Sweden, China, Poland, and others.

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