The Gross Domestic Product (GDP) in Denmark contracted 0.20 percent in the first quarter of 2020 over the same quarter of the previous year.
GDP Annual Growth Rate in Denmark averaged 1.71 percent from 1992 until 2020, 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. This page provides - Denmark GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Denmark
GDP Annual Growth Rate in Denmark is expected to be -5.50 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 12.80 in 12 months time. In the long-term, the Denmark GDP Annual Growth Rate is projected to trend around 2.90 percent in 2021 and 1.70 percent in 2022, according to our econometric models.