Industrial production in Denmark plunged 5.9 percent year-on-year in November 2019, following an upwardly revised 1.3 percent gain in the previous month. This was the first decline in industrial production since June. On a seasonally adjusted monthly basis, industrial production fell by 5.3 percent in November, the second straight monthly decrease.

Industrial Production in Denmark averaged 0.40 percent from 2001 until 2019, reaching an all time high of 15.40 percent in November of 2016 and a record low of -22.20 percent in April of 2009. This page provides the latest reported value for - Denmark Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Statistics Denmark

Industrial Production in Denmark is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Denmark to stand at 4.80 in 12 months time. In the long-term, the Denmark Industrial Production is projected to trend around 1.20 percent in 2020, according to our econometric models.


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Denmark Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-5.90 1.10 15.40 -22.20 2001 - 2019 percent Monthly
2015=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-07 06:00 AM Aug 3.6% 8.5% 6.8%
2019-11-07 07:00 AM Sep 6.1% 3.3% 2.8%
2019-12-06 07:00 AM Oct 1.1% 6.3% 6.9%
2020-01-10 07:00 AM Nov -5.9% 1.3% 2.9%
2020-02-07 07:00 AM Dec -5.9% 0.5%


News Stream
2019-10-07
Danish Industrial Output Growth Slows to 3.6%
Industrial production in Denmark increased 3.6 percent year-on-year in August 2019, following an upwardly revised 8.5 percent gain in the previous month. Manufacturing output rose 2.7 percent, after an upwardly revised 11.1 percent rise in July, mainly boosted by output of chemicals and oil refineries (2.2 percent vs 4.3 percent); machinery (9.5 percent vs 5.2 percent); plastic, glass and concrete (0.9 percent vs 6.8 percent); and food, beverages and tobacco (7.0 percent vs 3.2 percent). Meantime, mining and quarrying production rebounded sharply (15.4 percent vs -12.7 percent). On a seasonally adjusted monthly basis, industrial production fell by 2.2 percent in August.

2019-09-06
Danish Industrial Output Rebounds Sharply
Industrial production in Denmark surged 8.2 percent year-on-year in July 2019, following an upwardly revised 0.9 percent fall in the previous month. Manufacturing output jumped 10.7 percent, after a 2.1 percent drop in June, mainly boosted by output of chemicals and oil refineries (4.5 percent vs -21.2 percent); machinery (5.3 percent vs -5.3 percent); plastic, glass and concrete (7.7 percent vs -5.4 percent); and food, beverages and tobacco (3.2 percent vs -5.1 percent). Meantime, mining and quarrying production tumbled (-12.3 percent vs 13.6 percent). On a seasonally adjusted monthly basis, industrial production rose by 3.2 percent in July.

2019-08-07
Danish Industrial Output Shrinks for 1st Time in 10 Months
Industrial production in Denmark dropped 0.5 percent year-on-year in June 2019, following an upwardly revised 10.9 percent jump in the previous month. This was the first decline in industrial output since August last year, as manufacturing output shrank 1.8 percent, after a 11.1 percent growth in May, mainly dragged down by output of chemicals and oil refineries (-20.6 percent vs 3.4 percent); machinery (-5.8 percent vs 27.4 percent); plastic, glass and concrete (-5.2 percent vs -0.1 percent); and food, beverages and tobacco (-4.9 percent vs -2.6 percent). Meantime, mining and quarrying production advanced faster (16.4 percent vs 8.3 percent). On a seasonally adjusted monthly basis, industrial production tumbled by 5.9 percent in June.

2019-07-05
Danish Industrial Output Growth Accelerates in May
Industrial production in Denmark surged 10.5 percent year-on-year in May 2019, following an upwardly revised 4.8 percent gain in the previous month. Manufacturing growth accelerated to 10.5 percent from 4.7 percent in April, mainly supported by output of pharmaceuticals (35.3 percent vs 17.8 percent) and machinery (27.5 percent vs 14.9 percent). Meantime, output growth slowed for chemicals and oil refineries (3.5 percent vs 6.9 percent). Conversely, output shrank for: plastic, glass and concrete (-2.5 percent vs -1 percent); basic metals and fabricated metal products (-1.8 percent vs -2.1 percent), and food, beverages and tobacco (-2.5 percent vs 1.6 percent). Mining and quarrying also advanced faster (10.1 percent vs 6.0 percent). On a seasonally adjusted monthly basis, industrial production rose by 3.2 percent in May.

2019-06-07
Danish Industrial Output Growth Slows to 3.8% in April
Industrial production in Denmark increased 3.8 percent year-on-year in April 2019, following an upwardly revised 11.1 percent gain in the previous month. Manufacturing growth eased to 4.0 percent from 11.2 percent in March, mainly supported by output of pharmaceuticals (17.2 percent vs 31.5 percent); chemicals and oil refineries (5.8 percent vs 9.2 percent). Meantime, output growth accelerated for food, beverages and tobacco (1.4 percent vs 1.1 percent), and machinery (12.1 percent vs 3.3 percent). In addition, output shrank for: plastic, glass and concrete (-1 percent vs 11.7 percent); basic metals and fabricated metal products (-1.2 percent vs 9.3 percent), and furniture and other manufacturing (-11.2 percent vs 5.2 percent). Mining and quarrying also advanced softer (2.9 percent vs 10 percent). On a seasonally adjusted monthly basis, industrial production showed no growth in April.

2019-05-07
Danish Industrial Output Grows the Most in 3 Months
Industrial production in Denmark jumped 10.6 percent year-on-year in March 2019, following a downwardly revised 3.4 percent gain in the previous month. Manufacturing growth accelerated to 10.8 percent from 3.4 percent in February, mainly supported by output of plastic, glass and concrete (10.5 percent vs 2.8 percent); pharmaceuticals (31.4 percent vs 15.2 percent); chemicals and oil refineries (7.2 percent vs -5.6 percent); basic metals and fabricated metal products (10 percent vs -0.1 percent); and furniture and other manufacturing (2.8 percent vs -12.9 percent). Meantime, output growth eased for food, beverages and tobacco (0.9 percent vs 2.5 percent) and machinery (5.8 percent vs 6.1 percent). On a seasonally adjusted monthly basis, industrial production rose 1.4 percent in March. Mining and quarrying also advanced faster (9.6 percent vs 4.5 percent).


Denmark Industrial Production
In Denmark, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 96 percent of total production. The biggest segments within Manufacturing are: food products, beverages and tobacco (23 percent of total production); machinery (19 percent); pharmaceuticals (12 percent); chemicals and oil refineries (10 percent); furniture and other manufacturing (8 percent); basic metals and fabricated metal products (7 percent); and plastic, glass and concrete (5 percent). Mining and quarrying account for 4 percent of total output.

Denmark Business Last Previous Highest Lowest Unit
Business Confidence -7.00 -6.00 14.00 -33.00 points [+]
Industrial Production -5.90 1.10 15.40 -22.20 percent [+]
Industrial Production Mom -5.30 -1.80 15.20 -11.00 percent [+]
Manufacturing Production -1.30 4.90 26.10 -20.90 percent [+]
Capacity Utilization 80.60 81.10 88.90 70.90 percent [+]
New Orders 12.00 5.00 44.00 -59.00 points [+]
Changes in Inventories 3875.00 2727.00 10954.00 -11034.00 DKK Million [+]
Bankruptcies 776.00 932.00 1524.00 69.00 Companies [+]
Car Registrations 15473.00 18092.00 29700.00 1191.00 [+]
Internet Speed 20105.69 20707.87 20707.87 3196.34 KBps [+]
IP Addresses 2624652.00 2545183.00 3197587.00 1640027.00 IP [+]
Manufacturing Pmi 50.70 53.00 69.81 25.10 points [+]
Mining Production -42.40 -39.30 47.60 -42.40 percent [+]
Competitiveness Index 81.17 80.62 81.17 5.17 Points [+]
Competitiveness Rank 10.00 10.00 15.00 3.00 [+]
Corporate Profits 282297.00 269838.00 282297.00 45386.00 DKK Million [+]
Ease of Doing Business 4.00 3.00 6.00 2.00 [+]
Electricity Production 2610.00 2278.00 4364.00 1356.00 Gigawatt-hour [+]
Corruption Index 87.00 88.00 100.00 87.00 Points [+]
Corruption Rank 1.00 1.00 4.00 1.00 [+]