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An overview of the Danish economy

Combining the selection of indicators presented below provides a general view of the state of the Danish economy. What is the growth rate of the economy and how is it going with government finances and inflation? What is the situation of the labour market and the housing market? What expectations do economic operators have for the future and what is the outlook for the green targets? Dive into the numbers by clicking the graphs.

Danish economy here and now

Consumer expectations

i
  -6.5 May/24

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Consumer expectations of the economic situation of not only themselves but also Denmark as a whole, now and in one year

Consumer price index

i
  0.8 % Apr/24

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Percentage change in the consumer price index total against the same month the preceding year

Core inflation

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  1.5 % Apr/24

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Percentage change in the consumer price index excl. energy and unprocessed foodstuff against the same month the preceding year

Retail trade index

i
  94.3 Apr/24

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Index, 2021=100, quantity indicies seasonally adjusted

Business sentiment indicator

i
  104.7 May/24

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Index=100 calculated as the average for the period 1990 - 2018

Industrial production index

i
  125.8 Mar/24

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Index, 2021=100, seasonally adjusted

Bankruptcies

i
  257 Apr/24

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Bankruptcies in active companies, seasonally adjusted

Persons in employment

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  3,016,428 Mar/24

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Total number of employees in the business sector, seasonally adjusted

Unemployed

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  86,910 Apr/24

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Most recent number of unemployed persons from either the unemployment indicator or the gross unemployment. Seasonally adjusted, full-time persons

Other indicators

Economic growth (GDP)

i
  -1.8 % Q1/24

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Real growth in per cent against the preceding period, seasonally adjusted

Government surplus/deficit (% of GDP)

i
  3.1 % 2023

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Government EMU surplus or deficit as per cent of GDP

Government debt (% of GDP)

i
  29.3 % 2023

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Government EMU debt as per cent of GDP

Exports

i
  162,637 mio. kr. Mar/24

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Current account revenue in million DKK from goods and services, seasonally adjusted

Balance of payments surplus

i
  22,131 mio. kr. Mar/24

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Current account net revenue in million DKK, seasonally adjusted

Price development of single-family houses

i
  3.0 % Q4/23

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Percentage change in the price index against the same quarter the preceding year, seasonally adjusted

Share index

i
  1,871 Apr/24

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Index 1995=100 for shares in total on OMXC

Development in single-family house sales

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  41.8 % Q4/23

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Percentage change in number of sales against the same quarter the preceding year, seasonally adjusted

Price development of owner-occupied flats in Copenhagen

i
  4.3 % Q4/23

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Percentage change in the price index against the same quarter the preceding year for owner-occupied flats in the city of Copenhagen, seasonally adjusted

Interest rates

i
  3.40 % Apr/24

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Average bond yield for all listed bond series (government and mortgage bonds, etc.)

Greenhouse gas emissions

i
  46,271 1.000 ton 2021

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The emission of greenhouse gases stated in 1000 tonnes from Danish territory, incl. LULUCF and excl. CO2 from biomass

Share of renewable energy

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  45.5 % 2022

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Renewable energy share in per cent of total final energy consumption