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

The Danish economy advanced 0.6 percent on quarter in the three months to June of 2017, higher than an earlier estimate of 0.5 percent and the same as in the previous period. Gross fixed capital formation recovered (1.7 percent compared to -2.1 percent in the previous period) while private spending stalled (0.8 percent in the previous period) and government consumption slowed (0.4 percent compared to 0.8 percent). Exports rose 0.8 percent, following a 0.9 percent fall in the previous period and imports jumped 1.8 percent (-1.6 percent in the previous quarter). Year-on-year, the economy expanded 2.7 percent, slightly above 2.6 percent in the first three months of the year. 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 TEForecast
2017-06-30 07:00 AM GDP Growth Rate QoQ Final 0.6% 0.6% 0.6% 0.6%
2017-08-15 07:00 AM GDP Growth Rate QoQ Adv 0.5% 0.6% 0.5%
2017-08-31 07:00 AM GDP Growth Rate QoQ Prel 0.6% 0.6% 0.5% 0.5%
2017-09-29 07:00 AM GDP Growth Rate QoQ Final 0.6% 0.6% 0.6%
2017-11-15 08:00 AM GDP Growth Rate QoQ Adv 0.4%
2017-11-30 08:00 AM GDP Growth Rate QoQ Prel 0.4%


Denmark GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.60 3.00 -2.40 percent [+]
GDP Annual Growth Rate 2.70 2.60 6.50 -6.20 percent [+]
GDP 306.14 301.31 353.36 6.25 USD Billion [+]
GDP Constant Prices 498616.00 495439.00 498616.00 325162.00 DKK Million [+]
Gross National Product 519560.00 508920.00 519560.00 301826.00 DKK Million [+]
Gross Fixed Capital Formation 99759.00 97945.00 106156.00 49914.00 DKK Million [+]
GDP per capita 60268.23 60000.81 61174.55 21075.60 USD [+]
GDP per capita PPP 45686.48 45483.76 46373.52 33785.65 USD [+]
GDP From Agriculture 6283.00 5739.00 7164.00 2959.00 DKK Million [+]
GDP From Construction 22188.00 20389.00 23893.00 13812.00 DKK Million [+]
GDP From Manufacturing 64428.00 62045.00 64428.00 38372.00 DKK Million [+]
GDP From Mining 6781.00 6052.00 19841.00 5703.00 DKK Million [+]
GDP From Public Administration 97680.00 95748.00 97680.00 71427.00 DKK Million [+]
GDP From Transport 87550.00 79496.00 87550.00 46527.00 DKK Million [+]


Denmark GDP Growth Rate

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.60 3.00 -2.40 1991 - 2017 percent Quarterly
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gdp growth rate by Country

Last
Indonesia 4.00 Jun/17
United States 3.00 Jun/17
Turkey 2.10 Jun/17
China 1.70 Jun/17
India 1.50 Mar/17
Netherlands 1.50 Jun/17
Canada 1.10 Jun/17
Spain 0.90 Jun/17
Australia 0.80 Jun/17
Euro Area 0.60 Jun/17
Germany 0.60 Jun/17
Japan 0.60 Jun/17
Mexico 0.60 Jun/17
South Korea 0.60 Jun/17
France 0.50 Jun/17
Italy 0.40 Jun/17
Switzerland 0.30 Jun/17
United Kingdom 0.30 Jun/17
Brazil 0.20 Jun/17
Russia -0.57 Sep/15