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

The Gross Domestic Product (GDP) in Denmark expanded 0.50 percent in the third quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Denmark averaged 1.49 percent from 1991 until 2015, reaching an all time high of 6.50 percent in the fourth quarter of 1994 and a record low of -6.40 percent in the second quarter of 2009. GDP Annual Growth Rate in Denmark is reported by the Statistics Denmark.

Denmark GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.50 1.70 6.50 -6.40 1991 - 2015 percent Quarterly
Denmark is the third largest oil producer in Western Europe, after Norway and the UK. During the two years of economic contraction between 2012-13, the increased borrowing costs and lower export demand worsened the prospects of an economic recovery, as Danes began paying off debts accumulated in the wake of the burst housing bubble. It was only in 2014 that Danish economy started expanding, as consumption appeared to be finally picking up, and home prices were increasing. 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 - Denmark GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-09-30 08:00 AM Q2 1.8% 1.8% 2% 2%
2015-11-30 08:00 AM Q3 0.9% 1.7% 1.5%
2015-12-22 08:00 AM Q3 0.5% 1.8% 0.9%
2016-02-29 08:00 AM Q4 0.5% 0.8%
2016-03-31 07:00 AM Q4 0.5%
2016-05-30 07:00 AM Q1 0.40%

Denmark GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.40 0.20 2.90 -2.40 percent [+]
GDP Annual Growth Rate 0.50 1.70 6.50 -6.40 percent [+]
GDP 342.36 335.88 352.59 6.25 USD Billion [+]
GDP Constant Prices 464584.00 465276.00 475013.00 325442.00 DKK Million [+]
Gross National Product 482783.00 475771.00 483499.00 301826.00 DKK Million [+]
Gross Fixed Capital Formation 90645.00 89892.00 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 5659.00 5451.00 6590.00 2963.00 DKK Million [+]
GDP From Construction 19663.00 19644.00 23306.00 13475.00 DKK Million [+]
GDP From Manufacturing 54560.00 57247.00 59070.00 38290.00 DKK Million [+]
GDP From Mining 8437.00 8552.00 19861.00 5709.00 DKK Million [+]
GDP From Public Administration 92265.00 92785.00 94265.00 71662.00 DKK Million [+]
GDP From Transport 76720.00 76700.00 85860.00 46745.00 DKK Million [+]




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