The Danish economy expanded by 0.5 percent on quarter in the three months to September 2022, easing from a 0.9 percent advance in the previous period, a preliminary estimate showed. Still, this was the second straight quarter of growth, mainly driven by continued progress in industry and services aimed at households. Meanwhile, the rest of the economy showed a picture of stagnation, which helped dampen economic growth. source: Statistics Denmark
GDP Growth Rate in Denmark averaged 0.45 percent from 1991 until 2022, reaching an all time high of 6.10 percent in the third quarter of 2020 and a record low of -6.40 percent in the second quarter of 2020. This page provides the latest reported value for - Denmark GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
GDP Growth Rate in Denmark is expected to be -0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark GDP Growth Rate is projected to trend around 0.30 percent in 2023 and 0.50 percent in 2024, according to our econometric models.