Denmark GDP Growth Rate  1991-2017 | Data | Chart | Calendar | Forecast

The Danish economy grew by 0.4 percent quarter-on-quarter in the three months to September of 2016, following an upwardly revised 0.3 percent expansion in the previous period and in line with preliminary estimate. Government expenditure advanced 1.4 percent (+0.6 percent in Q2), fixed investment expanded 0.2 percent (+0.1 percent in Q2) and net external demand contributed positively. Meanwhile, household consumption contracted by 0.1 percent (+0.2 percent in Q2). Compared with the same period of 2015, the economy grew by 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)
2016-09-30 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% 0.3% 0.4% 0.4%
2017-02-28 08:00 AM Q4 0.4% 0.3%
2017-03-31 07:00 AM Q4 0.4% 0.3%
2017-05-31 07:00 AM Q1 0.3%




Denmark GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.30 3.00 -2.40 percent [+]
GDP Annual Growth Rate 1.20 0.40 6.50 -6.20 percent [+]
GDP 295.09 346.12 352.59 6.25 USD Billion [+]
GDP Constant Prices 485323.00 483496.00 485323.00 325162.00 DKK Million [+]
Gross National Product 501290.00 480256.00 501290.00 301826.00 DKK Million [+]
Gross Fixed Capital Formation 96528.00 96303.00 106156.00 49914.00 DKK Million [+]
GDP per capita 58098.29 57861.46 61149.53 21075.51 USD [+]
GDP per capita PPP 43333.48 43156.83 45609.29 33255.87 USD [+]
GDP From Agriculture 6967.00 6157.00 7043.00 2959.00 DKK Million [+]
GDP From Construction 21605.00 21800.00 23893.00 13812.00 DKK Million [+]
GDP From Manufacturing 61106.00 62038.00 62491.00 38372.00 DKK Million [+]
GDP From Mining 6535.00 6910.00 19841.00 5703.00 DKK Million [+]
GDP From Public Administration 94858.00 96418.00 97459.00 71427.00 DKK Million [+]
GDP From Transport 83859.00 85612.00 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.30 3.00 -2.40 1991 - 2016 percent Quarterly
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