Denmark GDP Growth Rate  1991-2016 | Data | Chart | Calendar | Forecast

Denmark's economy expanded 0.50 percent on quarter in the second quarter of 2016, following 0.7 percent growth in the previous period and in line with market expectations, preliminary estimates showed. Consumer spending increased by a slower 0.2 percent (+0.6 percent in Q1) and investments contracted (-0.9 percent from +0.6 percent in Q1) while public consumption expenditures accelerated (+1.2 percent from +0.9 percent in Q1). Exports went up 0.8 percent (+0.5 percent in Q1) while imports shrank 0.7 percent (+0.2 percent). On year-over-year basis, the GDP advanced 0.4 percent. GDP Growth Rate in Denmark averaged 0.36 percent from 1991 until 2016, reaching an all time high of 2.90 percent in the second quarter of 2006 and a record low of -2.40 percent in the fourth quarter of 2008. GDP Growth Rate in Denmark is reported by the Statistics Denmark.

Denmark GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.70 2.90 -2.40 1991 - 2016 percent Quarterly
SA
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 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-31 07:00 AM Q1 0.5% 0.1% 0.1% 0.5%
2016-06-30 07:00 AM Q1 0.7% -0.2% 0.5% 0.5%
2016-08-31 07:00 AM Q2 0.5% 0.7% 0.5% 0.2%
2016-09-30 07:00 AM Q2 0.7% 0.5% 0.5%
2016-11-30 08:00 AM Q3 0.4%
2016-12-23 08:00 AM Q3

Denmark GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.70 2.90 -2.40 percent [+]
GDP Annual Growth Rate 0.40 0.30 6.50 -6.40 percent [+]
GDP 295.16 346.12 352.59 6.25 USD Billion [+]
GDP Constant Prices 467378.00 465131.00 475013.00 325442.00 DKK Million [+]
Gross National Product 480162.00 475417.00 483142.00 301826.00 DKK Million [+]
Gross Fixed Capital Formation 90991.00 91631.00 106127.00 49881.00 DKK Million [+]
GDP per capita 58207.90 57861.46 61149.53 21075.51 USD [+]
GDP per capita PPP 43415.23 43156.83 45609.29 33255.87 USD [+]
GDP From Agriculture 5445.00 5329.00 6590.00 2963.00 DKK Million [+]
GDP From Construction 20402.00 19318.00 23306.00 13475.00 DKK Million [+]
GDP From Manufacturing 59797.00 55547.00 59797.00 38290.00 DKK Million [+]
GDP From Mining 8186.00 6979.00 19861.00 5709.00 DKK Million [+]
GDP From Public Administration 90728.00 92491.00 94265.00 71662.00 DKK Million [+]
GDP From Transport 78812.00 69216.00 85860.00 46745.00 DKK Million [+]




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