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

The GDP in Denmark expanded 0.4 percent on quarter in the third quarter of 2016, following a downwardly revised 0.2 percent growth in the previous period, according to preliminary estimates. Government consumption rose at a faster 1.4 percent (+0.6 percent in Q2) and investments contracted by a slower 0.1 percent (-0.3 percent in Q2) while consumer spending slowed (+0.1 percent vs +0.3 percent in Q2). Net trade contributed negatively as exports remained unchanged (+1 percent in Q2) while imports increased more (+0.8 percent vs +0.5 percent in Q2). Year-on-year, the economy advanced 1.2 percent. GDP Growth Rate in Denmark averaged 0.39 percent from 1991 until 2016, 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 Reference Actual Previous Consensus Forecast (i)
2016-08-31 07:00 AM Q2 0.5% 0.7% 0.5% 0.2%
2016-09-30 07:00 AM Q2 0.4% 0.7% 0.5% 0.5%
2016-11-30 08:00 AM Q3 0.4% 0.2% 0.4%
2016-12-22 08:00 AM Q3 0.4% 0.4% 0.4%
2017-02-28 08:00 AM Q4 0.32%
2017-03-31 07:00 AM Q4 0.32%




Denmark GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.20 3.00 -2.40 percent [+]
GDP Annual Growth Rate 1.20 0.30 6.50 -6.20 percent [+]
GDP 295.16 346.12 352.59 6.25 USD Billion [+]
GDP Constant Prices 485265.00 483272.00 485265.00 325162.00 DKK Million [+]
Gross National Product 480256.00 473339.00 484004.00 301826.00 DKK Million [+]
Gross Fixed Capital Formation 95350.00 95408.00 106156.00 49914.00 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 7056.00 6420.00 7056.00 2959.00 DKK Million [+]
GDP From Construction 21600.00 21800.00 23893.00 13812.00 DKK Million [+]
GDP From Manufacturing 59835.00 61730.00 62491.00 38372.00 DKK Million [+]
GDP From Mining 6539.00 6910.00 19841.00 5703.00 DKK Million [+]
GDP From Public Administration 94527.00 96134.00 97459.00 71427.00 DKK Million [+]
GDP From Transport 84195.00 85615.00 86172.00 46527.00 DKK Million [+]



Denmark GDP Growth Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.20 3.00 -2.40 1991 - 2016 percent Quarterly
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