Annual GDP growth in Denmark
Denmark: Annual GDP growth was 3.5% in 2024. ◆ Volatile
Annual GDP growth in Denmark, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Denmark recorded 3.5% for annual gdp growth in 2024.
The figure is up 480.0% on the previous year and up 171.9% over ten years.
Over the whole period, annual gdp growth in Denmark peaked at 6.5% in 2021 and was at its lowest, -5.0%, in 2009.
Denmark ranks 97th of 212 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.
Annual GDP growth in Denmark, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.7% | — |
| 2001 | 0.9% | -74.5% |
| 2002 | 0.5% | -51.6% |
| 2003 | 0.4% | -4.3% |
| 2004 | 2.8% | +531.8% |
| 2005 | 2.4% | -15.1% |
| 2006 | 3.8% | +61.9% |
| 2007 | 1.0% | -74.1% |
| 2008 | -0.4% | -142.4% |
| 2009 | -5.0% | +1083.3% |
| 2010 | 1.6% | -131.8% |
| 2011 | 1.3% | -17.1% |
| 2012 | -0.0% | -100.8% |
| 2013 | 1.4% | -14000.0% |
| 2014 | 1.3% | -7.9% |
| 2015 | 2.1% | +64.1% |
| 2016 | 3.1% | +46.2% |
| 2017 | 3.1% | -0.3% |
| 2018 | 1.9% | -39.2% |
| 2019 | 1.7% | -8.1% |
| 2020 | -1.8% | -204.1% |
| 2021 | 6.5% | -465.2% |
| 2022 | 0.4% | -93.2% |
| 2023 | 0.6% | +36.4% |
| 2024 | 3.5% | +480.0% |
Denmark compared with similar countries
- Denmark's 3.5% is above the median for high income countries, which is 2.1%, 1.6× the median. (83 countries reporting)
- Denmark's 3.5% is above the median for Europe & Central Asia, which is 2.1%, 1.6× the median. (55 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth in Denmark changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +14000.0% | -0.0% | 1.4% |
| 2009 | -1083.3% | -0.4% | -5.0% |
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 | 1.8% | -1.8% | 6.5% | 5 |
Countries ranked near Denmark
More economy & growth data for Denmark
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9574 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30.70 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0723 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5,136 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.24 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 121.54 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3,052 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.85 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Denmark?
- Annual gdp growth in Denmark was 3.5% in 2024, 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 6.5% 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 97th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Denmark?
- Over the last ten years it is up 171.9%. 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.
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About this data
Annual GDP growth (%).