Industrial production in Denmark jumped 15.5 percent year-on-year in August 2021, accelerating from an upwardly revised 14.6 percent surge in July. It was the sixth straight month of increase in industrial production and the strongest growth since the series began in 2001, amid easing the restrictions to contain the spread of the coronavirus. On a seasonally adjusted monthly basis, industrial production rose 5.0 percent in August, following an upwardly revised 4.9 percent rise in July. source: Statistics Denmark

Industrial Production in Denmark averaged 0.28 percent from 2001 until 2021, reaching an all time high of 15.50 percent in August of 2021 and a record low of -22.20 percent in April of 2009. This page provides the latest reported value for - Denmark Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Industrial Production in Denmark is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Industrial Production is projected to trend around 1.50 percent in 2022 and 1.20 percent in 2023, according to our econometric models.

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Denmark Industrial Production

Calendar GMT Actual Previous Consensus TEForecast
2021-07-07 06:00 AM May 10.4% 5.7% 9.2%
2021-08-06 06:00 AM Jun 6.6% 10.8% 4.2%
2021-09-07 06:00 AM Jul 11% 6.9% 5.8%
2021-10-07 06:00 AM Aug 15.5% 14.6% 8%
2021-11-05 07:00 AM Sep 15.5%
2021-12-07 07:00 AM Oct

Denmark Last Unit Reference Previous Highest Lowest
Business Confidence 3.00 points Sep/21 3.00 14.00 -33.00
Industrial Production Mom 5.00 percent Aug/21 4.90 15.30 -11.20
Industrial Production 15.50 percent Aug/21 14.60 15.50 -22.20
New Orders 7.00 points Mar/21 -5.00 44.00 -59.00
Changes in Inventories 2027.00 DKK Million Jun/21 -179.00 10978.00 -11034.00
Bankruptcies 385.00 Companies Sep/21 194.00 1524.00 69.00
Car Registrations 14289.00 Sep/21 15923.00 29700.00 1191.00
Corporate Profits 321991.00 DKK Million Dec/19 370803.00 370803.00 45386.00

Denmark Industrial Production
In Denmark, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 96 percent of total production. The biggest segments within Manufacturing are: food products, beverages and tobacco (23 percent of total production); machinery (19 percent); pharmaceuticals (12 percent); chemicals and oil refineries (10 percent); furniture and other manufacturing (8 percent); basic metals and fabricated metal products (7 percent); and plastic, glass and concrete (5 percent). Mining and quarrying account for 4 percent of total output.