The economy of Denmark expanded by 3.4% from a year earlier in 2022, preliminary estimates showed. source: Statistics Denmark

Full Year GDP Growth in Denmark averaged 2.12 percent from 1967 until 2022, reaching an all time high of 6.50 percent in 1969 and a record low of -4.90 percent in 2009. This page includes a chart with historical data for Denmark Full Year GDP Growth. Denmark Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Full Year GDP Growth in Denmark is expected to reach 0.50 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Full Year GDP Growth is projected to trend around 1.60 percent in 2024 and 1.80 percent in 2025, according to our econometric models.

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Denmark Full Year GDP Growth

Denmark Full Year GDP Growth
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.
Actual Previous Highest Lowest Dates Unit Frequency
3.40 4.90 6.50 -4.90 1967 - 2022 percent Yearly