Annual GDP growth in Denmark
Denmark: Annual GDP growth was 2.5% in 2023. ◆ Volatile
Latest (2023)
2.5%
Change on year
up 62.3%
World rank
119th
of 211 countries
All-time high
7.4%
in 2021
All-time low
-5.0%
in 2009
Years of data
24
2000–2023
Annual GDP growth in Denmark, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Denmark recorded 2.5% for annual gdp growth in 2023.
The figure is up 62.3% on the previous year and up 79.9% over ten years.
Over the whole period, annual gdp growth in Denmark peaked at 7.4% in 2021 and was at its lowest, -5.0%, in 2009.
Denmark ranks 119th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.0% | -5.0% | 3.8% | 10 |
| 2010s | 1.7% | -0.0% | 3.1% | 10 |
| 2020s | 2.4% | -1.8% | 7.4% | 4 |
Countries ranked near Denmark
More economy & growth data for Denmark
- External balance on goods and services as a percent of GDP 11.0% (2025)
- Inflation of consumer prices 1.9% (2025)
- GDP per capita 62,218 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 18.7% (2025)
- Gross domestic product (GDP) 373.88 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 62,218 constant 2015 US$ (2025)
- DEC alternative conversion factor 6.62 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -37.70 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -5.69 billion current US$ (2025)
- Taxes less subsidies on products 346.97 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Denmark?
- Annual gdp growth in Denmark was 2.5% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Denmark?
- The highest recorded value was 7.4% in 2021.
- What is the lowest annual gdp growth recorded in Denmark?
- The lowest recorded value was -5.0% in 2009.
- How does Denmark rank for annual gdp growth?
- Denmark ranks 119th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Denmark?
- Over the last ten years it is up 79.9%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%)