Annual growth of the gross capital formation in Denmark
Denmark: Annual growth of the gross capital formation was 1.7% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Denmark, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Denmark recorded 1.7% for annual growth of the gross capital formation in 2024.
That represents a change of up 117.7% on the previous year and down 73.0% over ten years.
Over the whole period, annual growth of the gross capital formation in Denmark peaked at 13.7% in 2021 and was at its lowest, -21.7%, in 2009.
That places Denmark 98th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Denmark, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 11.7% | — |
| 2001 | -1.5% | -112.7% |
| 2002 | -1.3% | -12.1% |
| 2003 | -0.4% | -68.7% |
| 2004 | 6.8% | -1765.9% |
| 2005 | 5.7% | -16.3% |
| 2006 | 12.7% | +121.7% |
| 2007 | 2.7% | -78.5% |
| 2008 | -4.3% | -257.9% |
| 2009 | -21.7% | +402.6% |
| 2010 | -1.9% | -91.1% |
| 2011 | 6.3% | -424.9% |
| 2012 | 1.5% | -76.4% |
| 2013 | 3.2% | +117.6% |
| 2014 | 6.2% | +91.0% |
| 2015 | 4.1% | -32.8% |
| 2016 | 7.7% | +85.5% |
| 2017 | 4.7% | -39.0% |
| 2018 | 4.1% | -12.8% |
| 2019 | -1.4% | -133.9% |
| 2020 | 4.3% | -410.9% |
| 2021 | 13.7% | +219.1% |
| 2022 | 5.4% | -60.6% |
| 2023 | -9.4% | -273.7% |
| 2024 | 1.7% | -117.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.0% | -21.7% | 12.7% | 10 |
| 2010s | 3.4% | -1.9% | 7.7% | 10 |
| 2020s | 3.1% | -9.4% | 13.7% | 5 |
Countries ranked near Denmark
- 95 South Sudan 2.0% compare
- 96 Solomon Islands 1.9% compare
- 97 Tunisia 1.7% compare
- 99 Azerbaijan 1.5% compare
- 100 Sweden 1.5% compare
- 101 Zimbabwe 1.1% compare
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)
- Manufacturing, value added (constant LCU), per capita 94,268 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 12.11 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2484 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 19,120 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 7.67 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 1.64 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 126,610 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 6.79 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Denmark?
- Annual growth of the gross capital formation in Denmark was 1.7% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Denmark?
- The highest recorded value was 13.7% in 2021.
- What is the lowest annual growth of the gross capital formation recorded in Denmark?
- The lowest recorded value was -21.7% in 2009.
- How does Denmark rank for annual growth of the gross capital formation?
- Denmark ranks 98th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Denmark?
- Over the last ten years it is down 73.0%. 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 growth of the gross capital formation. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual growth of the gross capital formation (%).