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The economy of Denmark is a modern high-income and highly developed mixed economy. The economy of Denmark is dominated by the service sector with 80% of all jobs, whereas about 11% of all employees work in manufacturing and 2% in agriculture. The nominal gross national income per capita was the ninth-highest in the world at $68,827 in 2023.
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 ...
- Denmark’s Country Profile
- Economic Profile of Denmark
- Notable Danish Companies
- The Start-Up Scene in Denmark
Denmark is the smallest, southernmost of the Nordic countries, part of the northern European region known as Scandinavia; Denmark occupies the Jutland peninsula, as well as 443 named and 1419 overall islands above 100 sq. meters (1100 sq. ft.)) Denmark’s size is 42,933km² (462.13 billion ft²); Jutland makes up most of the country’s total land area,...
According to the country’s central bank data analysis, Denmark has the richest households in the European Union: stating the average household had 1.88 million Danish kroner ($300,000) in financial assetsas of the fourth quarter of 2020. Denmark’s wealth is largely due to its support of a high standard of living, well-developed social services, and...
Denmark is home and has fostered many multi-national companies in various sectors, some of them worth mentioning are: 1. Arbejdernes Landsbank – bank 2. Danfoss – climate, and energy 3. Lego – construction toys 4. Pharma Nord – pharmaceutical and biotechnology 5. H. Lundbeck – pharmaceutical and biotechnology 6. Kopenhagen Fur – world’s largest fur...
Considering that the World Bank in 2020 has ranked Denmark for the seventh year in a row as the best country in Europe for doing business and that the Global Entrepreneurship Index also ranked Denmark’s ecosystem for entrepreneurs as the fifth-best in the world, it is safe to say that Copenhagen and Denmark, in general, are one of the best countrie...
Denmark supports a high standard of living—its per capita gross national product is among the highest in the world—with well-developed social services. The economy is based primarily on service industries, trade, and manufacturing; only a tiny percentage of the population is engaged in agriculture and fishing. Small enterprises are dominant.
May 2, 2012 · The Kingdom of Denmark has, despite its relatively small size, punched above its weight internationally. ... In more recent times, Denmark has developed a highly-competitive service-based economy ...
Denmark suffered a first wave of cases in the second quarter of 2020, a more deadly second wave in early-2021, and a resurgence in late 2021 linked to the spread of the virus’s Delta variant. Thanks to rapid action to control the virus and strong fiscal support, the contraction of activity and employment has been milder than expected.
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Jun 23, 2021 · This is the conclusion drawn by Danmarks Nationalbank in a projection for the Danish economy, in which the gross domestic product (GDP) is forecast to increase by 3.3 per cent. In 2022 and 2023, GDP is expected to grow by 3.7 per cent and 2.2 per cent. 23 June 2021. The reopening of the Danish economy is in full swing.
