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# Denmark Economy

> Denmark economic indicators: GDP $462.5B, inflation 1.7%, unemployment 6.7%, policy rate 1.9%. 52 official series with history to 1946, from… Updated Aug 2026.

## Indicators

| Indicator | Last | Date | Previous | Highest | Lowest |
| --- | --- | --- | --- | --- | --- |
| Business Confidence | -18.50 | Aug 2026 | -17.60 | 12.30 (Dec 1984) | -42.50 (Feb 2009) |
| Consumer Confidence | -8.80 | Aug 2026 | -11.10 | 12.50 (Jan 2006) | -23.50 (Oct 2022) |
| Retail Sales MoM | 0.6% | Jul 2026 | 0.0% | 19.4% (Mar 2021) | -10.7% (Apr 2021) |
| Retail Sales YoY | 4.8% | Jul 2026 | 4.9% | 22.1% (Mar 2021) | -12.3% (Mar 2022) |
| Age-dependency ratio | 57.9% | Dec 2025 | 57.6% | 57.9% (Dec 2025) | 48.2% (Dec 1992) |
| Total fertility rate | 1.47 births per woman | Dec 2024 | 1.50 births per woman | 2.67 births per woman (Dec 1963) | 1.38 births per woman (Dec 1983) |
| Life expectancy at birth | 82.25 years | Dec 2024 | 81.75 years | 82.25 years (Dec 2024) | 72.18 years (Dec 1960) |
| Total population | 6.0M | Dec 2025 | 6.0M | 6.0M (Dec 2025) | 4.6M (Dec 1960) |
| Working-age population | 3.8M | Dec 2025 | 3.8M | 3.8M (Dec 2025) | 2.9M (Dec 1960) |
| Current account % GDP | 12.2% | Dec 2024 | 11.0% | 12.2% (Dec 2024) | -5.1% (Dec 1986) |
| Current Account Goods | $13.0B | Mar 2026 | $12.9B | $14.1B (Sep 2025) | $-963.7M (Mar 1980) |
| Current Account Services | $-483.8M | Mar 2026 | $272.4M | $10.6B (Sep 2022) | $-3.5B (Dec 2024) |
| FDI inflows | $18.2B | Dec 2024 | $8.2B | $36.0B (Dec 2000) | $-16.3B (Dec 2012) |
| Gold Reserves | $8.7B | Jul 2026 | $8.6B | $11.3B (Feb 2026) | $554.7M (Mar 2001) |
| Personal remittances, received | $1.5B | Dec 2024 | $1.5B | $1.5B (Dec 2023) | $438.7M (Dec 1994) |
| Tourism Revenues | $1.8B | Mar 2026 | $2.5B | $5.3B (Sep 2025) | $110.1M (Mar 1976) |
| CO2 emissions | 25.57 Mt CO₂ | Dec 2024 | 26.21 Mt CO₂ | 74.02 Mt CO₂ (Dec 1996) | 25.57 Mt CO₂ (Dec 2024) |
| Energy use per capita | 2,502 kg oil eq. per capita | Dec 2024 | 2,483 kg oil eq. per capita | 4,172 kg oil eq. per capita (Dec 1996) | 2,483 kg oil eq. per capita (Dec 2023) |
| Budget balance % GDP | 2.9% | Dec 2025 | 4.5% | 5.3% (Dec 2007) | -9.2% (Dec 1982) |
| Government debt % GDP | 27.5% | Dec 2025 | 30.5% | 78.7% (Dec 1993) | 27.5% (Dec 2025) |
| Military expenditure | 2.4% | Dec 2024 | 2.0% | 3.0% (Dec 1963) | 1.1% (Dec 2015) |
| Military expenditure, current USD | $10.0B | Dec 2024 | $8.1B | $10.0B (Dec 2024) | $161.1M (Dec 1960) |
| Government Spending to GDP | 47.6% | Dec 2025 | 47.3% | 59.5% (Dec 1994) | 45.1% (Dec 2022) |
| Tax revenue % GDP | 33.4% | Dec 2024 | 32.0% | 36.6% (Dec 2014) | 26.5% (Dec 1976) |
| House Price Index | 161 | Mar 2026 | 157 | 161 (Mar 2026) | 75.46 (Mar 2005) |
| House Price Index YoY | 8.3% | Mar 2026 | 7.6% | 30.4% (Jun 2006) | -15.6% (Mar 2009) |
| Policy / benchmark interest rate | 1.9% | Aug 2026 | 1.9% | 15.0% (Nov 1992) | -0.8% (Feb 2020) |
| Unemployment rate | 6.7% | Jul 2026 | 6.6% | 9.9% (Jun 1993) | 3.2% (Apr 2008) |
| Private credit / GDP | 144.1% | Dec 2024 | 147.5% | 200.4% (Dec 2009) | 30.3% (Dec 1994) |
| Official / period-average FX vs USD | 6.45 per USD | Aug 2026 | 6.55 per USD | 11.83 per USD (Mar 1985) | 4.73 per USD (Jul 2008) |
| Foreign-exchange reserves (ex-gold) | $109.3B | Jul 2026 | $108.1B | $115.0B (Sep 2025) | $14.2B (Sep 2000) |
| Money supply M2 | 1.86T LCU | May 2025 | 1.84T LCU | 1.89T LCU (Jan 2025) | 0.64T LCU (Mar 2003) |
| GDP From Agriculture | 88.8% | Jun 2026 | 84.7% | 141.4% (Sep 2014) | 65.7% (Sep 2008) |
| GDP From Construction | 97.0% | Jun 2026 | 94.0% | 114.7% (Dec 2017) | 75.9% (Mar 1996) |
| GDP, current prices, USD | $462.5B | Dec 2025 | $424.5B | $462.5B (Dec 2025) | $6.4B (Dec 1960) |
| Full-Year GDP Growth | 2.9% | Dec 2025 | 3.5% | 6.5% (Dec 2021) | -5.0% (Dec 2009) |
| GDP From Manufacturing | 241.4% | Jun 2026 | 238.8% | 241.4% (Jun 2026) | 78.1% (Dec 1996) |
| GDP per capita, PPP | Int$83,218 | Dec 2025 | Int$80,938 | Int$83,218 (Dec 2025) | Int$18,225 (Dec 1990) |
| GDP per capita, current USD | $76,970 | Dec 2025 | $71,026 | $76,970 (Dec 2025) | $1,389 (Dec 1960) |
| GDP, PPP, international $ | Int$500.1B | Dec 2025 | Int$483.8B | Int$500.1B (Dec 2025) | Int$93.7B (Dec 1990) |
| GDP From Public Administration | 99.4% | Jun 2026 | 97.4% | 103.9% (Dec 2021) | 78.0% (Mar 1995) |
| Real GDP growth, YoY | 5.9% | Mar 2026 | 3.2% | 10.3% (Jun 2021) | -6.1% (Jun 2020) |
| Inflation rate, CPI YoY | 1.7% | Jul 2026 | 1.9% | 16.8% (Oct 1974) | -0.1% (Jan 2015) |
| Producer Prices MoM | -1.4% | Jul 2026 | 2.1% | 28.8% (Aug 2022) | -21.1% (Oct 2022) |
| PPI / producer prices YoY | 5.8% | Apr 2026 | 1.3% | 37.5% (Aug 2022) | -17.1% (Jul 2009) |
| Hospital beds per 1,000 | 2.43 per 1,000 people | Dec 2023 | 2.48 per 1,000 people | 8.60 per 1,000 people (Dec 1976) | 2.43 per 1,000 people (Dec 2023) |
| Health expenditure % GDP | 9.4% | Dec 2024 | 9.6% | 10.7% (Dec 2020) | 8.1% (Dec 2000) |
| ICT goods exports, % of goods exports | 3.4% | Dec 2024 | 3.6% | 8.4% (Dec 2002) | 3.2% (Dec 2013) |
| ICT service exports, % of service exports | 7.5% | Dec 2024 | 7.4% | 8.6% (Dec 2020) | 3.8% (Dec 2008) |
| Industrial production YoY | 9.2% | Dec 2025 | 17.1% | 17.1% (Dec 2024) | -11.9% (Dec 2009) |
| Research & development expenditure % GDP | 3.0% | Dec 2023 | 2.9% | 3.1% (Dec 2016) | 1.8% (Dec 1996) |
| High-technology exports, % of manufactured exports | 17.6% | Dec 2024 | 17.1% | 18.9% (Dec 2009) | 12.0% (Dec 2019) |

## Full detail pages

- [Business Confidence](/denmark/business-confidence.md)
- [Consumer Confidence](/denmark/consumer-confidence.md)
- [Retail Sales MoM](/denmark/retail-sales.md)
- [Retail Sales YoY](/denmark/retail-sales-annual.md)
- [Age Dependency Ratio](/denmark/age-dependency-ratio.md)
- [Fertility Rate](/denmark/total-fertility-rate.md)
- [Life Expectancy](/denmark/life-expectancy-at-birth.md)
- [Population](/denmark/population.md)
- [Working-Age Population](/denmark/working-age-population.md)
- [Current Account to GDP](/denmark/current-account-pct-gdp.md)
- [Current Account Goods](/denmark/current-account-goods.md)
- [Current Account Services](/denmark/current-account-services.md)
- [FDI Inflows](/denmark/fdi-inflows.md)
- [Gold Reserves](/denmark/gold-reserves.md)
- [Remittances](/denmark/personal-remittances-received.md)
- [Tourism Revenues](/denmark/tourism-revenues.md)
- [CO2 Emissions](/denmark/co2-emissions.md)
- [Energy Use per Capita](/denmark/energy-use-per-capita.md)
- [Government Budget](/denmark/budget-balance-pct-gdp.md)
- [Government Debt to GDP](/denmark/government-debt-to-gdp.md)
- [Military Expenditure](/denmark/military-expenditure.md)
- [Military Expenditure (USD)](/denmark/military-expenditure-usd.md)
- [Government Spending to GDP](/denmark/government-spending-to-gdp.md)
- [Tax Revenue to GDP](/denmark/tax-revenue-pct-gdp.md)
- [House Price Index](/denmark/house-price-index.md)
- [House Price Index YoY](/denmark/house-price-index-yoy.md)
- [Interest Rate](/denmark/interest-rate.md)
- [Unemployment Rate](/denmark/unemployment-rate.md)
- [Private Credit to GDP](/denmark/private-credit-gdp.md)
- [Exchange Rate](/denmark/exchange-rate.md)
- [Foreign Exchange Reserves](/denmark/foreign-exchange-reserves.md)
- [Money supply M2](/denmark/money-supply.md)
- [GDP From Agriculture](/denmark/gdp-from-agriculture.md)
- [GDP From Construction](/denmark/gdp-from-construction.md)
- [GDP](/denmark/gdp.md)
- [Full-Year GDP Growth](/denmark/full-year-gdp-growth.md)
- [GDP From Manufacturing](/denmark/gdp-from-manufacturing.md)
- [GDP per Capita PPP](/denmark/gdp-per-capita-ppp.md)
- [GDP per Capita](/denmark/gdp-per-capita-current-usd.md)
- [GDP PPP](/denmark/gdp-ppp-international.md)
- [GDP From Public Administration](/denmark/gdp-from-public-administration.md)
- [GDP Growth Rate](/denmark/gdp-growth-rate.md)
- [Inflation Rate](/denmark/inflation-rate.md)
- [Producer Prices MoM](/denmark/producer-prices-mom.md)
- [Producer Price Inflation](/denmark/producer-price-inflation.md)
- [Hospital Beds](/denmark/hospital-beds-per-1-000.md)
- [Health Expenditure](/denmark/health-expenditure-pct-gdp.md)
- [ICT Goods Exports](/denmark/ict-goods-exports-share.md)
- [ICT Service Exports](/denmark/ict-service-exports-share.md)
- [Industrial Production](/denmark/industrial-production-yoy.md)
- [R&D Expenditure](/denmark/rd-expenditure-pct-gdp.md)
- [High-Tech Exports](/denmark/high-tech-exports-share.md)

## FAQ

**What is the current inflation rate in Denmark?**

Denmark's consumer price inflation is 1.7% year-on-year as of Jul 2026.

**How big is Denmark's economy?**

Denmark's nominal GDP was $462.5B in 2025.

**What is the unemployment rate in Denmark?**

Denmark's unemployment rate is 6.7% as of Jul 2026.

**Where does this data come from?**

We use primary economic sources for every country. See our methodology page for how we source and verify it.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=denmark&indicator={indicator}`. Same data as an MCP tool, one per indicator.