Denmark’s economy grew 0.2% quarter-on-quarter in the fourth quarter of 2025, easing from an upwardly revised near four-year high of 2.3% in the previous period, according to preliminary estimates. Growth was pressured by a slowdown in the pharmaceutical industry, which contributed -1.1 percentage points to gross value added. Net external demand also contributed negatively, as exports fell faster (-0.5% vs 3.6% in Q3) than imports (-0.4% vs -0.1%). At the same time, fixed investment fell (-2.7% vs 1.2%), weighed down by sharp declines in investment in housing (-3.1% vs 2%) and intellectual rights (-11.4% vs 3.7%), while household consumption also slowed (0.2% vs 0.6%). Meanwhile, government spending rose significantly, by 5.6% compared with 1.2% in the previous period. On a yearly basis, GDP expanded 3.0%, following a downwardly revised 3.9% increase in the preceding period. For the full year of 2025, GDP rose 2.9%. source: Statistics Denmark

The Gross Domestic Product (GDP) in Denmark expanded 0.20 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Denmark averaged 0.46 percent from 1991 until 2025, reaching an all time high of 6 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 February of 2026.

The Gross Domestic Product (GDP) in Denmark expanded 0.20 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Denmark is expected to be 0.40 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 and 0.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-22 07:00 AM
QoQ Final
Q3 2.2% 1.3% 2.3% 2.3%
2026-02-20 07:00 AM
QoQ Prel
Q4 0.2% 2.3% 0.5%
2026-03-31 06:00 AM
QoQ Final
Q4 2.3% 0.2%


Related Last Previous Unit Reference
GDP Growth Rate YoY 3.00 3.90 percent Dec 2025
GDP Constant Prices 675043.00 660341.00 DKK Million Sep 2025
GDP from Agriculture 5173.00 4865.00 DKK Million Sep 2025
GDP from Construction 22730.00 22638.00 DKK Million Sep 2025
GDP from Manufacturing 151268.00 139913.00 DKK Million Sep 2025
GDP from Mining 1826.00 1854.00 DKK Million Sep 2025
GDP from Public Administration 109466.00 108385.00 DKK Million Sep 2025
GDP from Transport 111143.00 111322.00 DKK Million Sep 2025
GDP Growth Rate 0.20 2.20 percent Dec 2025
Gross Fixed Capital Formation 143.60 142.50 DKK Billion Sep 2025
Gross National Product 659348.00 655440.00 DKK Million Sep 2025


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
0.20 2.20 6.00 -5.90 1991 - 2025 percent Quarterly
SA

News Stream
Danish Q4 GDP Growth Eases
Denmark’s economy grew 0.2% quarter-on-quarter in the fourth quarter of 2025, easing from an upwardly revised near four-year high of 2.3% in the previous period, according to preliminary estimates. Growth was pressured by a slowdown in the pharmaceutical industry, which contributed -1.1 percentage points to gross value added. Net external demand also contributed negatively, as exports fell faster (-0.5% vs 3.6% in Q3) than imports (-0.4% vs -0.1%). At the same time, fixed investment fell (-2.7% vs 1.2%), weighed down by sharp declines in investment in housing (-3.1% vs 2%) and intellectual rights (-11.4% vs 3.7%), while household consumption also slowed (0.2% vs 0.6%). Meanwhile, government spending rose significantly, by 5.6% compared with 1.2% in the previous period. On a yearly basis, GDP expanded 3.0%, following a downwardly revised 3.9% increase in the preceding period. For the full year of 2025, GDP rose 2.9%.
2026-02-20
Danish Q3 GDP Growth at Nearly 4-Year High
Denmark’s economy expanded by 2.2% quarter-on-quarter in the third quarter of 2025, lower by 0.1 percentage points than initial estimate, but accelerating from an upwardly revised 1.3% growth in the previous period. This marked the fastest expansion since the fourth quarter of 2021, primarily driven by strong performance in the pharmaceutical industry. Other contributors to GDP growth include the information and communication industry and public administration and services. Net external demand also contributed positively, as exports increased (3.5% vs 4% in Q2), while imports decreased (-0.1% vs 2.7%). Additionally, both government (1% vs 0.5%) and household spending (0.3% vs 0.2%) rose further, while fixed investments rebounded (0.8% vs -0.2%), as housing (2.9% vs -1.5%) and intellectual rights (2.5% vs -2.8%) recovered. Annually, the GDP grew by 4% in Q3, the strongest in three quarters, following a 2% gain in the preceding quarter.
2025-12-22
Danish Q3 GDP Growth Hits Almost 4-Year High
Denmark’s economy grew by 2.3% quarter-on-quarter in the third quarter of 2025, accelerating from an upwardly revised 1.2% expansion in the previous period, according to preliminary estimates. This marked the strongest growth since the fourth quarter of 2021, primarily driven by significant gains in industry, with the pharmaceutical sector leading the way. Strong performance in pharmaceuticals also supported net external demand, as exports rose 4.1% (vs 3.8% in Q2) while imports fell 0.2% (vs 2.5%). Additionally, government spending rose by 0.9% (vs 0.4%), while fixed investment increased modestly (0.1% vs 0%), supported by recoveries in investment in housing (1.9% vs -1.5%) and intellectual rights (0.3% vs -2.5%). Meanwhile, household consumption remained steady (at 0.1%). On a yearly basis, the GDP expanded by 3.9%, the largest growth for the year, following an upwardly revised 2% gain in the preceding period.
2025-11-20