Denmark’s economy expanded by 2.2% quarter-on-quarter in the third quarter of 2025, lower by 0.1 percentage points than initial estimate, but accelerating from an upwardly revised 1.3% growth in the previous period. This marked the fastest expansion since the fourth quarter of 2021, primarily driven by strong performance in the pharmaceutical industry. Other contributors to GDP growth include the information and communication industry and public administration and services. Net external demand also contributed positively, as exports increased (3.5% vs 4% in Q2), while imports decreased (-0.1% vs 2.7%). Additionally, both government (1% vs 0.5%) and household spending (0.3% vs 0.2%) rose further, while fixed investments rebounded (0.8% vs -0.2%), as housing (2.9% vs -1.5%) and intellectual rights (2.5% vs -2.8%) recovered. Annually, the GDP grew by 4% in Q3, the strongest in three quarters, following a 2% gain in the preceding quarter. source: Statistics Denmark

The Gross Domestic Product (GDP) in Denmark expanded 2.20 percent in the third quarter of 2025 over the previous quarter. GDP Growth Rate in Denmark averaged 0.46 percent from 1991 until 2025, reaching an all time high of 6.00 percent in the third quarter of 2020 and a record low of -5.90 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The Gross Domestic Product (GDP) in Denmark expanded 2.20 percent in the third quarter of 2025 over the previous quarter. GDP Growth Rate in Denmark is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark GDP Growth Rate is projected to trend around 0.30 percent in 2027 and 0.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-11-20 07:00 AM
QoQ Prel
Q3 2.3% 1.2% 0.5%
2025-12-22 07:00 AM
QoQ Final
Q3 2.2% 1.3% 2.3% 2.3%
2026-02-20 07:00 AM
QoQ Prel
Q4 2.2% 0.5%


Related Last Previous Unit Reference
GDP Growth Rate YoY 4.00 2.00 percent Sep 2025
GDP Constant Prices 675043.00 660341.00 DKK Million Sep 2025
GDP from Agriculture 5173.00 4865.00 DKK Million Sep 2025
GDP from Construction 22730.00 22638.00 DKK Million Sep 2025
GDP from Manufacturing 151268.00 139913.00 DKK Million Sep 2025
GDP from Mining 1826.00 1854.00 DKK Million Sep 2025
GDP from Public Administration 109466.00 108385.00 DKK Million Sep 2025
GDP from Transport 111143.00 111322.00 DKK Million Sep 2025
GDP Growth Rate 2.20 1.30 percent Sep 2025
Gross Fixed Capital Formation 143.60 142.50 DKK Billion Sep 2025
Gross National Product 659348.00 655440.00 DKK Million Sep 2025


Denmark GDP Growth Rate
In Denmark, 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.
Actual Previous Highest Lowest Dates Unit Frequency
2.20 1.30 6.00 -5.90 1991 - 2025 percent Quarterly
SA

News Stream
Danish Q3 GDP Growth at Nearly 4-Year High
Denmark’s economy expanded by 2.2% quarter-on-quarter in the third quarter of 2025, lower by 0.1 percentage points than initial estimate, but accelerating from an upwardly revised 1.3% growth in the previous period. This marked the fastest expansion since the fourth quarter of 2021, primarily driven by strong performance in the pharmaceutical industry. Other contributors to GDP growth include the information and communication industry and public administration and services. Net external demand also contributed positively, as exports increased (3.5% vs 4% in Q2), while imports decreased (-0.1% vs 2.7%). Additionally, both government (1% vs 0.5%) and household spending (0.3% vs 0.2%) rose further, while fixed investments rebounded (0.8% vs -0.2%), as housing (2.9% vs -1.5%) and intellectual rights (2.5% vs -2.8%) recovered. Annually, the GDP grew by 4% in Q3, the strongest in three quarters, following a 2% gain in the preceding quarter.
2025-12-22
Danish Q3 GDP Growth Hits Almost 4-Year High
Denmark’s economy grew by 2.3% quarter-on-quarter in the third quarter of 2025, accelerating from an upwardly revised 1.2% expansion in the previous period, according to preliminary estimates. This marked the strongest growth since the fourth quarter of 2021, primarily driven by significant gains in industry, with the pharmaceutical sector leading the way. Strong performance in pharmaceuticals also supported net external demand, as exports rose 4.1% (vs 3.8% in Q2) while imports fell 0.2% (vs 2.5%). Additionally, government spending rose by 0.9% (vs 0.4%), while fixed investment increased modestly (0.1% vs 0%), supported by recoveries in investment in housing (1.9% vs -1.5%) and intellectual rights (0.3% vs -2.5%). Meanwhile, household consumption remained steady (at 0.1%). On a yearly basis, the GDP expanded by 3.9%, the largest growth for the year, following an upwardly revised 2% gain in the preceding period.
2025-11-20
Danish Q2 GDP Growth Revised Lower
Denmark’s economy grew by 1% quarter-on-quarter in the second quarter of 2025, lower by 0.3 percentage points than initial estimate, but recovering from a 1.3% contraction in the previous period. The growth was largely driven by strong performances in the pharmaceutical industry, public production and business services. Net external demand also contributed positively to the GDP, as exports rose (3.7% vs -4.5% in Q1) more than imports (3.4% vs -6.1%). Additionally, government spending rebounded (0.4% vs -1.9%), as well as fixed investments (0.9% vs -9.1%), supported by increases in investment in other construction and engineering (3.1% vs -0.5%) and machinery, means of transport, etc. (4.2% vs -8.7%). In contrast, household spending slowed down (0.2% vs 0.8%). On an annual basis, the GDP expanded by 1.6% in Q2, the softest growth since the first quarter of 2024, easing from a downwardly revised 2.4% rise in the previous quarter.
2025-09-30