The Gross Domestic Product (GDP) in Denmark expanded 2 percent in the third quarter of 2018 over the same quarter of the previous year. GDP Annual Growth Rate in Denmark averaged 1.64 percent from 1992 until 2018, reaching an all time high of 6.40 percent in the fourth quarter of 1994 and a record low of -6.20 percent in the second quarter of 2009.

GDP Annual Growth Rate in Denmark is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Denmark to stand at 2.40 in 12 months time. In the long-term, the Denmark GDP Annual Growth Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.

Denmark GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-29 06:00 AM GDP Growth Rate YoY Final -0.6% 1.3% -0.6% -0.6%
2018-08-31 06:00 AM GDP Growth Rate YoY Prel 0.5% -0.8% 1.1%
2018-09-28 06:00 AM GDP Growth Rate YoY Final 0.6% -0.7% 0.5% 0.5%
2018-11-30 07:00 AM GDP Growth Rate YoY Prel 2% 0.2% 2.5%
2018-12-21 07:00 AM GDP Growth Rate YoY Final 0.2% 2%
2019-02-28 07:00 AM GDP Growth Rate YoY Prel 2%
2019-04-05 06:00 AM GDP Growth Rate YoY Final 2%


Denmark GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.20 3.00 -2.40 percent [+]
GDP Annual Growth Rate 2.00 0.20 6.40 -6.20 percent [+]
GDP 324.87 306.90 353.36 6.25 USD Billion [+]
GDP Constant Prices 510222.00 506810.00 511797.00 325162.00 DKK Million [+]
Gross National Product 524758.00 514051.00 524758.00 299954.00 DKK Million [+]
Gross Fixed Capital Formation 107026.00 121422.00 121422.00 49914.00 DKK Million [+]
GDP per capita 61582.17 60670.24 61582.17 21075.60 USD [+]
GDP per capita PPP 46682.51 45991.22 46682.51 33785.65 USD [+]
GDP From Agriculture 5341.00 5796.00 7220.00 2959.00 DKK Million [+]
GDP From Construction 25270.00 25033.00 25270.00 13812.00 DKK Million [+]
GDP From Manufacturing 61418.00 63517.00 64709.00 38372.00 DKK Million [+]
GDP From Mining 5884.00 6024.00 19841.00 5703.00 DKK Million [+]
GDP From Public Administration 97951.00 99616.00 99616.00 71427.00 DKK Million [+]
GDP From Transport 88603.00 89516.00 90152.00 46527.00 DKK Million [+]


Denmark GDP Annual 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. This page provides - Denmark GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 0.20 6.40 -6.20 1992 - 2018 percent Quarterly
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