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Short term trends

The short term economic development in Denmark is illustrated by a number of indicators. This development is shown in percentage in relation to, the previous period (t-1), three months before (t-3), the same quarter of the previous year (t-4) or the same month of the previous year (t-12)

The numbers of the short term economic development are updated on a daily basis at 8.05 am.

 PeriodValueDev. 
National accounts  t/(t-1) 
Gross domestic product, real growth
(DKK billion, 2010-price level chain figures)
  Q4/20  533  0.7
StatBank tables: Demand and supply
Declaration: National Accounts
Household consumption expenditure, real growth
(DKK billion, 2010-price level chain figures)
  Q4/20  239  0.8
StatBank tables: Demand and supply
Declaration: National Accounts
NPISH consumption expenditure, real growth
(DKK billion, 2010-price level chain figures)
  Q4/20  7  1.4
StatBank tables: Demand and supply
Declaration: National Accounts
Government consumption, real growth
(DKK billion, 2010-price level chain figures)
  Q4/20  137  5.2
StatBank tables: Demand and supply
Declaration: National Accounts
Gross capital formation, real growth
(DKK million, 2010-price level chain figures)
  Q4/20  121,834  -2.4
StatBank tables: Gross capital formation
Declaration: National Accounts
Imports of goods and services, real growth
(DKK billion, 2010-price level chain figures)
  Q4/20  270  2.2
StatBank tables: Demand and supply
Declaration: National Accounts
Exports of goods and services, real growth
(DKK billion, 2010-price level chain figures)
  Q4/20  293  -0.3
StatBank tables: Demand and supply
Declaration: National Accounts
Employment. National accounts
(persons)
  Q4/20  2,993,975  0.5
StatBank tables: Employment (10a3-grouping)
Declaration: Employment and Compensation of Employees in National Accounts
Labour market  t/(t-4) 
Jobs. WTA (number)  Q4/20  3,168,058  -1.1
StatBank tables: Working Time Accounts (seasonal adjustment) (quarter)
Declaration: Working time accounts
Jobs. Hours worked, WTA (1000 hours)  Q4/20  968,334  -1.8
StatBank tables: Working Time Accounts (seasonal adjustment) (quarter)
Declaration: Working time accounts
Indices of average earnings in Corporations and Organizations (1. qtr. 2005=100)  Q4/20  141.6  1.8
StatBank tables: Implicit index of average earnings in Corporations and Organizations
Declaration: Implicit index of average earnings
Indices og average earnings in the public sector, central government (1. qtr 2005=100)  Q4/20  143.0  1.3
StatBank tables: Implicit index of average earnings in the public sector, central government
Declaration: Implicit index of average earnings
Indices of average earnings in the public sector, local government (1. qtr. 2005=100)  Q4/20  145.3  2.4
StatBank tables: Implicit index of average earnings in the public sector, local government
Declaration: Implicit index of average earnings
Job vacancies  Q4/20  33,635  -1.8
StatBank tables: Job vacancies
Declaration: Job Vacancies
Registered unemployment  t/(t-12) 
Gross unemployment (converted into full-time) per cent of the labour force 2)  Feb/21  4.6  1.0
StatBank tables: Unemployed persons (seasonally adjusted)
Declaration: Registered unemployment
Gross unemployment (converted into full-time)  Feb/21  131,665.3  27.1
StatBank tables: Unemployed persons (seasonally adjusted)
Declaration: Registered unemployment
Net unemployment (converted into full-time) per cent of the labour force 2)  Feb/21  4.2  1.1
StatBank tables: Unemployed persons (seasonally adjusted)
Declaration: Registered unemployment
Net unemployment (converted into full-time)  Feb/21  120,235.1  35.9
StatBank tables: Unemployed persons (seasonally adjusted)
Declaration: Registered unemployment
ILO unemployment  t/(t-3) 
ILO-unemployment rate 2)  Feb/21  6.1  0.2
StatBank tables: Labour force status (per cent)
Declaration: The Monthly Labour Force Survey (LFS)
Consumption  t/(t-1) 
Retail trade index total (2015=100)  Feb/21  102.7  3.0
StatBank tables: Retail Trade Index
Declaration: Retail Trade Index
New registration of passenger cars (number)  Mar/21  18,515  74.1
StatBank tables: New registration of motor vehicles
Declaration: Car Register and Publications
Consumer confidence indicator  Mar/21  -5.0  ..
StatBank tables: Consumer confidence indicator
Declaration: Consumer Expectations Survey
Industries  t/(t-1) 
Number of persons employed in the construction industry total  Q4/20  181,210  2.3
StatBank tables: Number of persons employed in the construction industry
Declaration: Number of Persons Employed in the Construction Industry
Domestic sales by VAT registered firms (DKK million)  Jan/21  231,482  0.7
StatBank tables: Purchases and sales
Declaration: Purchases and sales by enterprises
Industrial production index (2015=100)  Feb/21  118.0  -1.0
StatBank tables: Industrial production index
Declaration: Production and Turnover in Manufacturing Industries
  t/(t-12) 
New registration of van and lorries (number) 1)  Mar/21  4,217  37.1
StatBank tables: New registration of motor vehicles
Declaration: Car Register and Publications
Bankruptcies (number)  Mar/21  871  171.3
StatBank tables: Bankruptcies (historical summary)
Declaration: Bankruptcies
Tendency Surveys   
Tendency survey for construction industry (composite)  Mar/21  -2  ..
StatBank tables: Confidence indicator for Construction
Declaration: Construction Survey
Tendency survey for manufacturing industries (composite)  Mar/21  1  ..
StatBank tables: Confidence indicator for the Industry
Declaration: Industry Survey
Tendency survey for services sector (composite)  Mar/21  -5  ..
StatBank tables: Confidence indicator for Services
Declaration: Services Survey
Tendency survey for retail trade (composite) 1)  Mar/21  -6  ..
StatBank tables: Confidence Indicator for Retail Trade
Declaration: Retail Trade Survey
Property Market  t/(t-1) 
Construction Cost Index for residential buildings (2015=100) 1)  Q4/20  105.7  0.1
StatBank tables: Construction cost index for residential buildings
Declaration: Construction cost index for residential buildings
Price index for one-family houses
(2006=100)
  Jan/21  125.2  2.5
StatBank tables: Price index for sales of property
Declaration: Sales of real property
Forced sales of real property (number)  Mar/21  143.0  -2.7
StatBank tables: Announcements of forced sales of real property
Declaration: Announcements of forced sales of real property
External Trade and Balance of Payments  t/(t-1) 
Import of goods (DKK milllion)  Feb/21  59,003.4  6.4
StatBank tables: Total external trade
Declaration: International Trade in Goods
Export of goods (DKK million)  Feb/21  63,406.2  2.1
StatBank tables: Total external trade
Declaration: International Trade in Goods
Import of services (DKK milllion)  Q4/20  111,111.0  0.0
StatBank tables: International trade in services
Declaration: International Trade in Services
Export of services (DKK milllion)  Q4/20  119,586.0  -2.3
StatBank tables: International trade in services
Declaration: International Trade in Services
Balance of payments, surplus (DKK million) 3)  Feb/21  13,306  -1,933.0
StatBank tables: Balance of payments main items (DKK mio.)
Declaration: Balance of Payments
Prices  t/(t-12) 
Consumer price index (2015=100)  Mar/21  104.3  1.0
StatBank tables: Consumer price index
Declaration: Consumer Price Index
Price index for Domestic Supply (2015=100)  Feb/21  103.6  -0.1
StatBank: Price index for Domestic Supply
Declaration: Producer and Import Price Index for Commodities
Price index for domestic supply (2015=100) - Mineral fuels, mineraloil and distilery products thereof  Feb/21  113.6  -1.7
StatBank: Price index for Domestic Supply
Declaration: Producer and Import Price Index for Commodities
Producer price index for commodity (2015=100)  Feb/21  105.4  3.1
StatBank tables: Producer price index for commodities
Declaration: Producer and Import Price Index for Commodities
Import price index for commodity (2015=100)  Feb/21  101.9  0.7
StatBank: Import price index for commodities
Declaration: Producer and Import Price Index for Commodities
Government net lending  t/(t-1) 
Government net lending (DKK million)  Q4/20  -19,746  -327.3
StatBank tables: General government, expenditure and income
Declaration: Government Finance , Quarterly Accounts
Interest and share rates  t/(t-1) 
Share index OMXC20 (july 3rd 1989=100)  Feb/21  1,421  0.1
StatBank tables: Share index
Declaration: Interest and Share Price Indices
Exchange rate, nominal effective Krone rate, monthly average (1980=100)  Mar/21  104.3  -0.2
StatBank: Monthly exchange rates
Declaration:
Short interest rate, 3 month CIBOR (pct. p.a.) 2)  Feb/21  ..  ..
StatBank tables: Interest rates, by type
Declaration: Interest and Share Price Indices
Long interest rate, 10-years central government bond (pct. p.a.) 2)  Feb/21  -0.1  0.3
StatBank tables: Interest rates, by type
Declaration: Interest and Share Price Indices

Footnotes:
1) Not seasonally adjusted
2) Development in percentage point
3) Development in DKK million

Contact

Carsten Zornig