The Danish economy grew by 6.2% year-on-year in Q1 2026, marking the strongest since Q4 2021, higher than initial estimates of 5.9% and the upwardly revised 3.2% expansion in Q4. GDP Annual Growth Rate in Denmark averaged 1.84 percent from 1992 until 2026, reaching an all time high of 10.30 percent in the second quarter of 2021 and a record low of -6.10 percent in the second quarter of 2020. source: Statistics Denmark

The Gross Domestic Product (GDP) in Denmark expanded 6.20 percent in the first quarter of 2026 over the same quarter of the previous year.

The Gross Domestic Product (GDP) in Denmark expanded 6.20 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Denmark is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark GDP Annual Growth Rate is projected to trend around 1.80 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-20 06:00 AM
YoY Prel
Q1 5.9% 3.1% 3%
2026-06-30 06:00 AM
YoY Final
Q1 6.2% 3.2% 5.9% 5.9%
2026-08-20 06:00 AM
YoY Prel
Q2 6.2% 3.6%


Related Last Previous Unit Reference
GDP Growth Rate YoY 6.20 3.10 percent Mar 2026
GDP Constant Prices 699852.00 689457.00 DKK Million Mar 2026
GDP from Agriculture 6367.00 6579.00 DKK Million Mar 2026
GDP from Construction 24243.00 25703.00 DKK Million Mar 2026
GDP from Manufacturing 156090.00 142910.00 DKK Million Mar 2026
GDP from Mining 1723.00 1752.00 DKK Million Mar 2026
GDP from Public Administration 107671.00 113869.00 DKK Million Mar 2026
GDP from Transport 120907.00 115408.00 DKK Million Mar 2026
GDP Growth Rate 1.50 0.50 percent Mar 2026
Gross Fixed Capital Formation 150.80 156.70 DKK Billion Mar 2026
Gross National Product 691531.00 678716.00 DKK Million Mar 2026


Denmark GDP Annual 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
6.20 3.10 10.30 -6.10 1992 - 2026 percent Quarterly
SA