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General profile: Denmark

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
5.948 Millions
..
409 235 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 40 000 km²
3.35 %
2.83 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+3.5 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
85 121
96 440
95 457
136 383
Merchandise imports
75 581
83 052
85 623
126 009
Merchandise trade balance
9 540
13 388
9 835
10 374
Export structure by product group in 2023
(as % of total exports)
4 %4 %70 %70 %5 %5 %21 %21 %
Top 5 partners in 2023
(exports, millions of US$)
20 05713 10811 2119 5128 99720 05713 10811 2119 5128 997
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
43 861
61 626
64 405
114 371
Services imports
38 415
55 156
58 224
106 820
Services trade balance
5 445
6 469
6 181
7 551
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
61.6
61.8
56.9
52.4
Travel
12.0
9.5
10.4
9.0
Other services
25.7
27.8
31.8
36.4
TRADE INDICES
More data on UNCTADstat
11010510710310710210310110098989798959310610499101959910210399991001009910110099999910010099
ECONOMIC TRENDS
More data on UNCTADstat
+2.8 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
264 467
321 995
302 673
409 235
GDP per capita, current US$
48 799
58 040
53 253
68 801
Real GDP growth, y-on-y, %
2.34
1.87
2.34
2.83
Current account balance, % of GDP
4.16
6.54
7.93
9.79
Exchange rate (/US$)
5.997
5.624
6.728
..
GDP by expenditure in 2022
(as % of total GDP)
43.221.823.970.058.943.221.823.970.058.9
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+3.7 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
7 533.55
-8 977.40
3 616.13
8 760.46
FDI outflows
12 979.94
1 371.63
9 420.01
15 128.66
Personal remittances, % of GDP
0.25
0.29
0.42
..
Financial flows trends
(millions of US$)
1 250.21 369.61 332.21 451.41 415.31 314.51 247.01 258.31 483.01 370.81 182.21 149.9925.51 019.11 051.7823.2740.3666.11 075.4940.6784.9698.6666.58 7607 7507 0951 37227 029-2 4975 4372353 6164 68290877611 939-8 9771 045-7426 6389 5317 534-10 7162 6116 63711 52333 823FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
5.50
6.95
6.79
9.45
Balance, % of imports
13.11
15.94
13.96
16.10
Normalized balance
0.062
0.074
0.065
0.074
Trade openness²
(sum of imports and exports as % of GDP)
12712911110411010710310010410210310310194901051009889
LIVING AREA
Population by living area in 2023
(% of population)
Urban 88%Urban 88%Rural 12%Rural 12%
OTHER INDICATORS
More data on UNCTADstat
1.112 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
9 033
13 814
16 488
25 330
Container port throughput (TEU)
..
698 012
753 643
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
4.94
3.65
3.66
..
Share of ICT goods, % of total imports
10.29
7.96
7.68
..
Share of workforce involved in the ICT sector
..
(r) 7.31
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
q
Estimated. Data refers to 2020.
r
Number of persons employed in full time equivalent units.Total business economy includes repair of computers, personal and household goods; except financial and insurance activities.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024