The Gross Domestic Product (GDP) in Denmark expanded 2.30 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Denmark averaged 1.72 percent from 1992 until 2019, 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. source: Statistics Denmark
GDP Annual Growth Rate in Denmark is expected to be 1.00 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 1.40 in 12 months time. In the long-term, the Denmark GDP Annual Growth Rate is projected to trend around 1.60 percent in 2020, according to our econometric models.