Denmark GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Denmark expanded 2.30 percent in the third quarter of 2018 over the same quarter of the previous year. GDP Annual Growth Rate in Denmark averaged 1.64 percent from 1992 until 2018, reaching an all time high of 6.40 percent in the fourth quarter of 1994 and a record low of -6.20 percent in the second quarter of 2009.

GDP Annual Growth Rate in Denmark is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Denmark to stand at 2.40 in 12 months time. In the long-term, the Denmark GDP Annual Growth Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-08-31	06:00 AM	GDP Growth Rate YoY Prel	0.5%	-0.8%		1.1%
2018-09-28	06:00 AM	GDP Growth Rate YoY Final	0.6%	-0.7%	0.5%	0.5%
2018-11-30	07:00 AM	GDP Growth Rate YoY Prel	2%	0.2%		2.5%
2018-12-21	07:00 AM	GDP Growth Rate YoY Final	2.3%	1.2%		2%
2019-02-28	07:00 AM	GDP Growth Rate YoY Prel		2.3%		3%
2019-03-29	07:00 AM	GDP Growth Rate YoY Final				3%
2019-05-29	06:00 AM	GDP Growth Rate YoY Prel				2.3%

Denmark GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.70	0.10	3.00	-2.40	percent	[+]
GDP Annual Growth Rate	2.30	1.20	6.40	-6.20	percent	[+]
GDP	324.87	306.90	353.36	6.25	USD Billion	[+]
GDP Constant Prices	510222.00	506810.00	511797.00	325162.00	DKK Million	[+]
Gross National Product	524758.00	514051.00	524758.00	299954.00	DKK Million	[+]
Gross Fixed Capital Formation	107026.00	121422.00	121422.00	49914.00	DKK Million	[+]
GDP per capita	61582.17	60670.24	61582.17	21075.60	USD	[+]
GDP per capita PPP	46682.51	45991.22	46682.51	33785.65	USD	[+]
GDP From Agriculture	5341.00	5796.00	7220.00	2959.00	DKK Million	[+]
GDP From Construction	25270.00	25033.00	25270.00	13812.00	DKK Million	[+]
GDP From Manufacturing	61418.00	63517.00	64709.00	38372.00	DKK Million	[+]
GDP From Mining	5884.00	6024.00	19841.00	5703.00	DKK Million	[+]
GDP From Public Administration	97951.00	99616.00	99616.00	71427.00	DKK Million	[+]
GDP From Transport	88603.00	89516.00	90152.00	46527.00	DKK Million	[+]

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. 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 January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.30	1.20	6.40	-6.20	1992 - 2018	percent	Quarterly	SA

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Country	Last		Previous	Range
India	7.10	Sep/18	8.2	11.4 : -5.2	%
China	6.40	Dec/18	6.5	15.4 : 3.8	%
Indonesia	5.17	Sep/18	5.27	7.16 : 1.56	%
United States	3.00	Sep/18	2.9	13.4 : -3.9	%
Australia	2.80	Sep/18	3.1	9 : -3.4	%
Mexico	2.50	Sep/18	2.6	9 : -9.1	%
Saudi Arabia	2.50	Sep/18	1.61	24.2 : -20.7	%
Netherlands	2.40	Sep/18	3.1	6.1 : -4.6	%
Spain	2.40	Sep/18	2.5	5.6 : -4.3	%
Switzerland	2.40	Sep/18	3.5	5.8 : -3.7	%
Singapore	2.20	Dec/18	2.3	19 : -8.8	%
Canada	2.10	Sep/18	1.9	9.3 : -4.1	%
South Korea	2.00	Sep/18	2.8	20.8 : -7.3	%
Euro Area	1.60	Sep/18	2.2	5 : -5.5	%
Turkey	1.60	Sep/18	5.3	11.7 : -14.4	%
Russia	1.50	Sep/18	1.9	12.1 : -11.2	%
United Kingdom	1.50	Sep/18	1.4	9.7 : -6.1	%
France	1.40	Sep/18	1.7	12.6 : -3.8	%
Brazil	1.30	Sep/18	0.9	10.1 : -5.5	%
Germany	1.10	Sep/18	2	7.2 : -6.8	%
South Africa	1.10	Sep/18	0.4	7.1 : -2.6	%
Italy	0.70	Sep/18	1.2	10.3 : -7.2	%
Japan	0.00	Sep/18	1.4	9.4 : -8.8	%
Argentina	-3.50	Sep/18	-4	16.2 : -16.3	%