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.
| Period | Value | Dev. | ||
|---|---|---|---|---|
| National accounts | t/(t-1) | |||
| Gross domestic product, real growth (DKK billion, 2010-price level chain figures) | Q4/23 | 590 | 2.6 |   |
| Household consumption expenditure, real growth (DKK billion, 2010-price level chain figures) | Q4/23 | 253 | 2.0 | |
| NPISH consumption expenditure, real growth (DKK billion, 2010-price level chain figures) | Q4/23 | 8 | 1.2 | |
| Government consumption, real growth (DKK billion, 2010-price level chain figures) | Q4/23 | 131 | 0.0 | |
| Gross capital formation, real growth (DKK million, 2010-price level chain figures) | Q4/23 | 115,595 | -8.7 | |
| Imports of goods and services, real growth (DKK billion, 2010-price level chain figures) | Q4/23 | 366 | 2.5 | |
| Exports of goods and services, real growth (DKK billion, 2010-price level chain figures) | Q4/23 | 441 | 7.5 | |
| Employment. National accounts (persons) | Q4/23 | 3,218,093 | 0.0 | |
| Labour market | t/(t-4) | |||
| Jobs. WTA (number) | Q4/23 | 3,438,841 | 0.9 | |
| Jobs. Hours worked, WTA (1000 hours) | Q4/23 | 1,065,495 | 0.7 | |
| Indices of average earnings in Corporations and Organizations (1. qtr. 2005=100) | Q4/23 | 154.8 | 3.5 | |
| Indices og average earnings in the public sector, central government (1. qtr 2005=100) | Q4/23 | 153.2 | 2.3 | |
| Indices of average earnings in the public sector, local government (1. qtr. 2005=100) | Q4/23 | 155.4 | 1.4 | |
| Job vacancies | Q4/23 | 46,595 | -20.8 | |
| Registered unemployment | t/(t-12) | |||
| Gross unemployment (converted into full-time) per cent of the labour force 2) | Feb/24 | 2.9 | 0.2 | |
| Gross unemployment (converted into full-time) | Feb/24 | 86,983.5 | 6.7 | |
| Net unemployment (converted into full-time) per cent of the labour force 2) | Feb/24 | 2.5 | 0.2 | |
| Net unemployment (converted into full-time) | Feb/24 | 75,697.9 | 8.8 | |
| ILO unemployment | t/(t-3) | |||
| ILO-unemployment rate 2) | Feb/24 | 6.6 | 0.5 | |
| Consumption | t/(t-1) | |||
| New registration of passenger cars (number) | Mar/24 | 15,581 | 22.9 | |
| Consumer confidence indicator | Mar/24 | -7.6 | .. | |
| Industries | t/(t-1) | |||
| Number of persons employed in the construction industry total | Q4/23 | 195,908 | 0.6 | |
| Domestic sales by VAT registered firms (DKK million) | Feb/24 | 284,026 | -0.4 | |
| Industrial production index (2021=100) | Feb/24 | 130.5 | 1.6 | |
| t/(t-12) | ||||
| New registration of van and lorries (number) 1) | Mar/24 | 3,062 | 2.5 | |
| Bankruptcies (number) | Mar/24 | 509 | -19.6 | |
| Tendency Surveys | ||||
| Tendency survey for construction industry (composite) | Mar/24 | -16 | .. | |
| Tendency survey for manufacturing industries (composite) | Mar/24 | -4 | .. | |
| Tendency survey for services sector (composite) | Mar/24 | 3 | .. | |
| Tendency survey for retail trade (composite) 1) | Mar/24 | -8 | .. | |
| Property Market | t/(t-1) | |||
| Construction Cost Index for residential buildings (2015=100) 1) | Q4/23 | 127.0 | 0.9 | |
| Price index for one-family houses (2022=100) | Q4/23 | 99.3 | 1.4 | |
| Forced sales of real property (number) | Mar/24 | 108.0 | -4.4 | |
| External Trade and Balance of Payments | t/(t-1) | |||
| Import of goods (DKK milllion) | Feb/24 | 74,206.7 | -1.3 | |
| Export of goods (DKK million) | Feb/24 | 82,116.5 | 1.8 | |
| Import of services (DKK milllion) | Q4/23 | 196,271.9 | 7.3 | |
| Export of services (DKK milllion) | Q4/23 | 203,199.0 | 5.2 | |
| Balance of payments, surplus (DKK million) 3) | Feb/24 | 29,659.3 | 4,373.2 | |
| Prices | t/(t-12) | |||
| Consumer price index (2015=100) | Mar/24 | 118.4 | 0.9 | |
| Price index for Domestic Supply (2015=100) | Mar/24 | 128.9 | 0.1 | |
| Price index for domestic supply (2015=100) - Mineral fuels, mineraloil and distilery products thereof | Mar/24 | 195.7 | 8.8 | |
| Producer price index for commodity (2015=100) | Mar/24 | 146.6 | -1.5 | |
| Import price index for commodity (2015=100) | Mar/24 | 127.6 | 0.1 | |
| Government net lending | t/(t-1) | |||
| Government net lending (DKK million) | Q4/23 | 6,655 | -74.1 | |
| Interest and share rates | t/(t-1) | |||
| Share index OMXC20 (july 3rd 1989=100) | Feb/24 | 2,534 | 4.0 | |
| Exchange rate, nominal effective Krone rate, monthly average (1980=100) | Mar/24 | 105.1 | 0.4 | |
| Short interest rate, 3 month CIBOR (pct. p.a.) 2) | Mar/24 | .. | .. | |
| Long interest rate, 10-years central government bond (pct. p.a.) 2) | Mar/24 | 2.2 | -0.2 | |
Footnotes:
1) Not seasonally adjusted
2) Development in percentage point
3) Development in DKK million