Economy of Denmark
Economy of Denmark
Currency
Danish krone (DKK, kr)
Fiscal year
calendar year
Trade
organisations
EU, OSCE, WTO, OECD and
others
Statistics
GDP
$213.6 billion (2008 est.)
GDP growth
0.3% (2008 est.)
GDP per capita $38,900 (2008 est.)
GDP by sector
agriculture: 2.6%, industry:
25.6%, services: 71.8%
(2006 est.)
Inflation (CPI)
3.6% (2008)2.4% (December
2008)[1]
Population
below poverty
line
N/A
Labour force
2.86 million (2008 est.)
Labour force
by occupation
agriculture: 3%, industry:
21%, services: 76% (2004
est.)
Unemployment 2.1% (December 2008)
Main
industries
petroleum and gas, iron,
steel, nonferrous metals,
chemicals, food processing,
machinery and
transportation equipment,
textiles and clothing,
electronics, construction,
furniture and other wood
products, shipbuilding and
refurbishment, windmills,
pharmaceuticals, medical
equipment
External
Exports
$119.5 billion (2008 est.)
Export goods
machinery and instruments,
meat and meat products,
dairy products, fish,
pharmaceuticals, fashion
apparel, furniture,
windmills, Christmas trees,
potted plants, mink and fox
skin, salt, various specialty
niche products
Main export
partners
Germany 17.4%, Sweden
14.5%, UK 8.0%, U.S. 6.1%,
Norway 5.7% France 4.8%,
Netherlands 4.8%, EU 69.6%
(2006)
Imports
$120.7 billion (2008 est.)
Import goods
machinery and equipment,
raw materials and
semimanufactures for
industry, chemicals, grain
and foodstuffs, consumer
goods
Main import
partners
Germany 21.6%, Sweden
14.4%, Netherlands 7.1%,
Norway 6.0%, China 5.4%,
UK 5.3%, France 4.8%, Italy
4.1%, EU 72.6% (2008 est.)
Public finances
Public Debt
11% of GDP (2008)[2]
Revenues
$192 billion (2008 est.)
Expenses
$177.6 billion (2008 est.)
Economic aid
ODA, $2.13 billion (2005)
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US
dollars
With very few natural resources, the mixed
economy of Denmark relies almost entirely
on human resources. The service sector
makes up the vast amount of the employment
and economy. Its industrialized marke