Denmark’s economy grew by 0.9% quarter-on-quarter in Q2 2026, up sharply from the preliminary estimate of 0.3%, but easing from a 1.5% growth in the previous quarter. Household consumption was unchanged (vs 1.2% in Q1), while vehicle purchases fell 1.8% (vs 12.7%). Public consumption was also flat (vs -4.0%). In external trade, exports increased 1.5% (vs 2.3%), while imports rose 1.8% (vs -0.3%). Gross fixed capital formation grew 1.5% (vs -5.2%), supported by an 8.6% increase in other construction and engineering. This was partly offset by a 4.6% decline in investment in machinery, transport equipment and other items. On the production side, the pharmaceutical industry contributed to growth in the second quarter. On an annual basis, GDP grew 5.7% in Q2, moderating from 6.0% in the first quarter. GDP growth for the first half of 2026 was 6.0% year-on-year. source: Statistics Denmark

The Gross Domestic Product (GDP) in Denmark expanded 0.90 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Denmark averaged 0.48 percent from 1991 until 2026, reaching an all time high of 6.00 percent in the third quarter of 2020 and a record low of -5.90 percent in the second quarter of 2020. This page provides the latest reported value for - Denmark GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

The Gross Domestic Product (GDP) in Denmark expanded 0.90 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Denmark is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark GDP Growth Rate is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-20 06:00 AM
QoQ Prel
Q2 0.3% 1.5% 0.2%
2026-09-30 06:00 AM
QoQ Final
Q2 0.9% 1.5% 0.3% 0.3%
2026-11-20 07:00 AM
QoQ Prel
Q3 0.9% 0.3%


Related Last Previous Unit Reference
GDP Growth Rate YoY 5.70 6.20 percent Jun 2026
GDP Constant Prices 701156.00 699230.00 DKK Million Jun 2026
GDP from Agriculture 6682.00 6372.00 DKK Million Jun 2026
GDP from Construction 24826.00 24053.00 DKK Million Jun 2026
GDP from Manufacturing 156735.00 155063.00 DKK Million Jun 2026
GDP from Mining 1772.00 1722.00 DKK Million Jun 2026
GDP from Public Administration 110637.00 108510.00 DKK Million Jun 2026
GDP from Transport 118920.00 121187.00 DKK Million Jun 2026
GDP Growth Rate 0.90 1.50 percent Jun 2026
Gross Fixed Capital Formation 149.60 148.50 DKK Billion Jun 2026
Gross National Product 701156.00 699230.00 DKK Million Jun 2026


Denmark GDP Growth Rate
In Denmark, household consumption is the main component of GDP and accounts for 49 percent of its total use, followed by government expenditure (27 percent, the highest among EU countries) and gross fixed capital formation (19 percent). Exports of goods and services account for 54 percent of GDP while imports account for 48 percent, adding 6 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.50 6.00 -5.90 1991 - 2026 percent Quarterly
SA

News Stream
Danish GDP Growth Revised Higher in Q2
Denmark’s economy grew by 0.9% quarter-on-quarter in Q2 2026, up sharply from the preliminary estimate of 0.3%, but easing from a 1.5% growth in the previous quarter. Household consumption was unchanged (vs 1.2% in Q1), while vehicle purchases fell 1.8% (vs 12.7%). Public consumption was also flat (vs -4.0%). In external trade, exports increased 1.5% (vs 2.3%), while imports rose 1.8% (vs -0.3%). Gross fixed capital formation grew 1.5% (vs -5.2%), supported by an 8.6% increase in other construction and engineering. This was partly offset by a 4.6% decline in investment in machinery, transport equipment and other items. On the production side, the pharmaceutical industry contributed to growth in the second quarter. On an annual basis, GDP grew 5.7% in Q2, moderating from 6.0% in the first quarter. GDP growth for the first half of 2026 was 6.0% year-on-year.
2026-09-30
Danish GDP Growth Softest in Over a Year
The Danish economy grew by 0.3% quarter-on-quarter in Q2 2026, easing from a 1.5% expansion in the previous period, according to preliminary estimates. This marked the softest growth since a contraction in Q1 2025. Household consumption fell 0.3% (vs 0.5% in Q1), with vehicle purchases declining 2.2% (vs 12.4%). Public consumption also edged down 0.1% (vs -4.4%). In net trade, exports rose 0.9% (vs 2.2%), while imports grew at a faster 1.1% (vs -0.8%). Meanwhile, gross fixed capital formation grew 0.8% (vs -5.1%), driven by a 9.5% increase in other construction and engineering (vs -9.7%) and a strong rise in capital investment, partly offset by an 8.4% decline in investment in means of transport. On the production side, the pharmaceutical industry made only a limited contribution after driving much of the increase in the first quarter. On a yearly basis, GDP grew 4.6% in Q2, moderating from a 5.9% expansion in Q1, while growth for the first half of 2026 stood at 5.3%.
2026-08-20
Danish GDP Growth Revised Lower in Q1
The Danish economy expanded by 1.5% quarter-on-quarter in the first quarter of 2026, falling short of initial estimates for a 1.9% growth but accelerating from a 0.5% expansion in the previous period. Despite the revision, the growth remained broad-based, with sectors beyond pharmaceuticals, including trade and transportation, contributing to the economy. Key driver was also stronger net trade, as exports rose 1.9% (vs 0.1% in Q4), while imports fell 1.5% (vs 0.5%). Household spending matched the previous quarter at 0.6%, supported by higher vehicle purchases as well as increased spending on clothing, footwear, and transport services. Meanwhile, government spending contracted sharply by 4.3% (vs 5.0%), while fixed investment fell 3.8% (vs 1.6%), weighed down primarily by declines in construction and civil engineering. On an annual basis, the economy grew by 6.2%, marking the strongest since Q4 2021, higher than initial estimates of 5.9% and the upwardly revised 3.2% expansion in Q4.
2026-06-30