Denmark GDP Growth Rate  1991-2017 | Data | Chart | Calendar | Forecast

The Danish economy advanced 0.6 percent on quarter in the first quarter of 2017, higher than flash estimates of 0.3 percent and following 0.5 percent expansion in the previous period. Government spending rebounded (0.8 percent from -0.7 percent in Q4 of 2016) while consumer spending slowed down (0.3 percent from 1.6 percent) and investments shrank (-2.7 percent from 0.7 percent). Net external demand contributed positively, as exports (-0.9 percent from 4.3 percent) fell less than imports (-1.6 percent from 3.2 percent). Year-on-year, the economy advanced 2.2 percent, following 2.3 percent expansion in the previous period. GDP Growth Rate in Denmark averaged 0.40 percent from 1991 until 2017, reaching an all time high of 3 percent in the second quarter of 2006 and a record low of -2.40 percent in the fourth quarter of 2008.

Denmark GDP Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-31 07:00 AM Q4 0.5% 0.6% 0.2% 0.2%
2017-05-15 07:00 AM Q1 0.3% 0.5% 0.6%
2017-05-31 07:00 AM Q1 0.6% 0.5% 0.3% 0.3%
2017-06-30 07:00 AM Q1 0.5% 0.6% 0.6%
2017-08-15 07:00 AM Q2 0.4%
2017-08-31 07:00 AM Q2 0.4%




Denmark GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.50 3.00 -2.40 percent [+]
GDP Annual Growth Rate 2.20 2.30 6.50 -6.20 percent [+]
GDP 301.30 352.30 353.40 6.20 USD Billion [+]
GDP Constant Prices 492274.00 489390.00 492274.00 325162.00 DKK Million [+]
Gross National Product 508920.00 506985.00 508920.00 301826.00 DKK Million [+]
Gross Fixed Capital Formation 96338.00 98968.00 106156.00 49914.00 DKK Million [+]
GDP per capita 60000.54 59470.75 61174.27 21075.51 USD [+]
GDP per capita PPP 45483.76 45082.15 46373.52 33785.65 USD [+]
GDP From Agriculture 5898.00 6255.00 7213.00 2959.00 DKK Million [+]
GDP From Construction 20389.00 22216.00 23893.00 13812.00 DKK Million [+]
GDP From Manufacturing 62045.00 63424.00 63424.00 38372.00 DKK Million [+]
GDP From Mining 6052.00 6522.00 19841.00 5703.00 DKK Million [+]
GDP From Public Administration 95748.00 94675.00 97459.00 71427.00 DKK Million [+]
GDP From Transport 79496.00 85617.00 86172.00 46527.00 DKK Million [+]


Denmark GDP Growth Rate Notes

With very few natural resources, Denmark industrialized market economy depends on imported raw materials and foreign trade. On the expenditure side, 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. 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 - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.50 3.00 -2.40 1991 - 2017 percent Quarterly
SA



gdp growth rate by Country

Last
India 1.50 Mar/17
Turkey 1.40 Mar/17
China 1.30 Mar/17
United States 1.20 Mar/17
South Korea 1.10 Mar/17
Brazil 1.00 Mar/17
Canada 0.90 Mar/17
Spain 0.80 Mar/17
Mexico 0.70 Mar/17
Euro Area 0.60 Mar/17
Germany 0.60 Mar/17
France 0.50 Mar/17
Italy 0.40 Mar/17
Netherlands 0.40 Mar/17
Australia 0.30 Mar/17
Japan 0.30 Mar/17
Switzerland 0.30 Mar/17
United Kingdom 0.20 Mar/17
Indonesia -0.34 Mar/17
Russia -0.57 Sep/15