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

Denmark's gross domestic product advanced 0.5 percent on the quarter in the first three months of 2016, accelertaing from a 0.1 percent expansion in the previous period and beating market expectations of 0.1 percent growth. It was the highest reading since the second quarter of 2015, as household consumption rose at a faster 0.7 percent (from +0.2 percent in Q4) and fixed investment went up 0.7 percent (from +0.5 percent in Q4), respectively. Also, government spending advanced 0.6 percent (-0.3 percent in Q4) and net external demand contributed positively, as exports (+0.6 percent) increased at a faster pace than imports (+0.1 percent). Compared with the first quarter in 2015, the economy expanded 0.6 percent, following a 0.5 percent growth in the previous period. 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 0.10 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-29 08:00 AM Q4 0.2% -0.5% 0.5%
2016-03-31 07:00 AM Q4 0.1% -0.6% 0.2% 0.2%
2016-05-31 07:00 AM Q1 0.5% 0.1% 0.1% 0.5%
2016-06-30 07:00 AM Q1 0.1% 0.5% 0.5%
2016-08-31 07:00 AM Q2 0.2%
2016-09-30 07:00 AM Q2

Denmark GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.10 2.90 -2.40 percent [+]
GDP Annual Growth Rate 0.60 0.50 6.40 -6.40 percent [+]
GDP 342.36 335.88 352.59 6.25 USD Billion [+]
GDP Constant Prices 466644.00 463826.00 475013.00 325442.00 DKK Million [+]
Gross National Product 478324.00 477242.00 483499.00 301826.00 DKK Million [+]
Gross Fixed Capital Formation 91437.00 90441.00 106127.00 49881.00 DKK Million [+]
GDP per capita 47546.91 47219.89 50695.08 17226.40 USD [+]
GDP per capita PPP 42776.94 42482.73 45609.28 33255.86 USD [+]
GDP From Agriculture 5329.00 5349.00 6590.00 2963.00 DKK Million [+]
GDP From Construction 19318.00 20635.00 23306.00 13475.00 DKK Million [+]
GDP From Manufacturing 55547.00 55752.00 59070.00 38290.00 DKK Million [+]
GDP From Mining 6979.00 7957.00 19861.00 5709.00 DKK Million [+]
GDP From Public Administration 92491.00 92318.00 94265.00 71662.00 DKK Million [+]
GDP From Transport 69216.00 77270.00 85860.00 46745.00 DKK Million [+]




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Australia 1.10 Mar/16
China 1.10 Mar/16
Ghana 1.10 Mar/16
Malta 1.10 Dec/15
Philippines 1.10 Mar/16
Malaysia 1.00 Mar/16
Norway 1.00 Mar/16
Cyprus 0.90 Mar/16
Thailand 0.90 Mar/16
Lithuania 0.80 Mar/16
Mexico 0.80 Mar/16
Paraguay 0.80 Mar/16
Spain 0.80 Mar/16
Turkey 0.80 Mar/16
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Taiwan 0.78 Mar/16
Albania 0.73 Dec/15
Bulgaria 0.70 Mar/16
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Germany 0.70 Mar/16
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New Zealand 0.70 Mar/16
Slovakia 0.70 Mar/16
Canada 0.60 Mar/16
Croatia 0.60 Apr/16
Euro Area 0.60 Mar/16
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France 0.60 Mar/16
Argentina 0.50 Jun/15
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Denmark 0.50 Mar/16
European Union 0.50 Mar/16
Japan 0.50 Mar/16
Netherlands 0.50 Mar/16
Slovenia 0.50 Mar/16
South Korea 0.50 Mar/16
Sweden 0.50 Mar/16
Czech Republic 0.40 Mar/16
Tunisia 0.40 Mar/16
United Kingdom 0.40 Mar/16
Bosnia and Herzegovina 0.30 Dec/15
Israel 0.30 Mar/16
Italy 0.30 Mar/16
Belgium 0.20 Mar/16
Colombia 0.20 Mar/16
Portugal 0.20 Mar/16
Singapore 0.20 Mar/16
Bahrain 0.10 Dec/15
Ecuador 0.10 Dec/15
Jamaica 0.10 Dec/15
Latvia 0.10 Mar/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Estonia 0.00 Mar/16
Mauritius 0.00 Dec/15
Poland -0.10 Mar/16
Belize -0.25 Dec/15
Brazil -0.30 Mar/16
Indonesia -0.34 Mar/16
Hong Kong -0.40 Mar/16
Greece -0.50 Mar/16
Iceland -0.50 Mar/16
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Trinidad And Tobago -0.60 Dec/15
Ukraine -0.70 Mar/16
Hungary -0.80 Mar/16
South Africa -1.20 Mar/16
Namibia -1.60 Mar/16
Nigeria -13.70 Mar/16
Senegal -14.10 Mar/16