Denmark's GDP: Performance and Outlook
Current GDP and Rank
As of January 1, 2023, Denmark has a population of 5,932,654 and a nominal Gross Domestic Product (GDP) of 400.17 billion Danish kroner, making it the 38th largest national economy in the world.
Recent Growth Trends
- In 2022, Denmark's GDP experienced a 1.36% decline from 2021.
- From 2021 to 2022, the GDP increased by 14.35%.
- From 2020 to 2021, the GDP grew by 13.6%.
GDP Growth and National Accounts
The year-on-year change in GDP in the first quarter of 2024 was 14.35%, a 0.49% decrease compared to the fourth quarter of 2023.
Key figures from the national accounts provide insights into the main economic performance indicators.
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