Industrial production in Denmark jumped 15.2 percent year-on-year in December 2018, accelerating from a 3.0 percent rise in the previous month. It was the highest growth rate since August, when industrial output contracted by 2.9 percent, as manufacturing output expanded 17,8 percent, after increasing 4.6 percent in November while mining and quarrying output contracted less than in a month earlier (-5.8% vs -12.5%). Within manufacturing, output grew faster for furniture and other manufacturing (31.8% vs 14.5% in November); pharmaceuticals (41.4% vs 5.3%); plastic, glass and concrete (6.3% vs 5.5%) while output of basic metals and fabricated metal products rebounded (32.6% vs -3.1%). In addition, output contracted less for wood and paper products and printing (-1.4% vs -2.4%). On the other hand, output of food, beverages and tobacco dropped (-1.9% vs 0.5%). On a seasonally adjusted monthly basis, industrial production surged 11.9 percent, after a revised 5 percent rise in November. Industrial Production in Denmark averaged 0.22 percent from 2001 until 2018, 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.

Industrial Production in Denmark is expected to be 9.50 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 3.20 in 12 months time. In the long-term, the Denmark Industrial Production is projected to trend around 2.50 percent in 2020, according to our econometric models.

Denmark Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-07 07:00 AM Industrial Production YoY 1.2% -2.7% -6.9%
2018-12-07 07:00 AM Industrial Production YoY 6.8% 2.1% 1.1%
2019-01-11 07:00 AM Industrial Production YoY 3% 7.9%
2019-02-07 07:00 AM Industrial Production YoY 15.2% 3% 4.5%
2019-03-07 07:00 AM Industrial Production YoY 15.2%
2019-04-05 06:00 AM Industrial Production YoY
2019-05-07 06:00 AM Industrial Production YoY 9.5%


Denmark Business Last Previous Highest Lowest Unit
Business Confidence -5.00 -5.00 14.00 -35.00 Index Points [+]
Industrial Production 15.20 3.00 15.40 -22.20 percent [+]
Industrial Production Mom 11.90 0.50 13.60 -10.10 percent [+]
Manufacturing Production 5.20 6.00 26.10 -20.90 percent [+]
Capacity Utilization 81.40 80.80 88.90 70.90 percent [+]
New Orders 6.00 20.00 44.00 -59.00 Index Points [+]
Changes in Inventories 3219.00 4571.00 10954.00 -11034.00 DKK Million [+]
Bankruptcies 686.00 793.00 1524.00 69.00 Companies [+]
Car Registrations 21296.00 13906.00 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 51.14 57.49 70.59 25.02 [+]
Mining Production -3.90 -10.00 47.60 -40.40 percent [+]
Competitiveness Index 80.62 79.93 80.62 5.17 Points [+]
Competitiveness Rank 10.00 11.00 15.00 3.00 [+]
Corporate Profits 269838.00 244507.00 269838.00 45386.00 DKK Million [+]
Ease of Doing Business 3.00 3.00 6.00 2.00 [+]
Electricity Production 3241.00 2622.00 4364.00 1356.00 Gigawatt-hour [+]
Corruption Index 88.00 88.00 100.00 88.00 Points [+]
Corruption Rank 1.00 2.00 4.00 1.00 [+]


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. 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. Denmark Industrial Production - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
15.20 3.00 15.40 -22.20 2001 - 2018 percent Monthly
2015=100, NSA




Country Last Previous
Argentina -14.70 Dec/18
Australia 2.80 Sep/18
Brazil -3.60 Dec/18
Canada 4.20 Oct/18
China 5.70 Dec/18
Euro Area -4.20 Dec/18
France -1.40 Dec/18
Germany -3.90 Dec/18
India 2.40 Dec/18
Indonesia 0.60 Oct/18
Italy -5.50 Dec/18
Japan -1.90 Dec/18
Mexico -2.50 Dec/18
Netherlands 0.40 Nov/18
Russia 1.10 Jan/19
Saudi Arabia 5.84 Jun/18
Singapore 2.70 Dec/18
South Africa 0.10 Dec/18
South Korea 1.60 Dec/18
Spain -6.20 Dec/18
Switzerland 1.40 Sep/18
Turkey -9.80 Dec/18
United Kingdom -0.90 Dec/18
United States 3.80 Jan/19


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