Denmark GDP Growth RateDenmark GDP Growth RateDenmark GDP Growth Rate

Denmark GDP Growth Rate

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Key data points

Last release
Observation period
Q1 2024
Next release
Forecast
Highest
5.90% on Sep 30, 2020
Lowest
−5.90% on Jun 30, 2020

About Denmark GDP Growth Rate

Category
GDP
Frequency
Quarterly
Units
%
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.