Gross domestic product (GDP) in Denmark
Denmark: Gross domestic product (GDP) was 392.00 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
392.00 billion international-$ in 2021 prices
Change on year
down 0.4%
World rank
55th
of 184 countries
All-time high
393.46 billion international-$ in 2021 prices
in 2022
All-time low
49.64 billion international-$ in 2021 prices
in 1951
Years of data
74
1950–2023
Gross domestic product (GDP) in Denmark, 1950–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Denmark is 392.00 billion international-$ in 2021 prices, measured in 2023.
Compared with earlier readings it is down 0.4% on the previous year and up 28.6% over ten years.
Over the whole period, gross domestic product (gdp) in Denmark peaked at 393.46 billion international-$ in 2021 prices in 2022 and was at its lowest, 49.64 billion international-$ in 2021 prices, in 1951.
That places Denmark 55th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Denmark, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1950 | 50.50 billion international-$ in 2021 prices | — |
| 1951 | 49.64 billion international-$ in 2021 prices | -1.7% |
| 1952 | 50.70 billion international-$ in 2021 prices | +2.1% |
| 1953 | 53.88 billion international-$ in 2021 prices | +6.3% |
| 1954 | 55.69 billion international-$ in 2021 prices | +3.4% |
| 1955 | 55.51 billion international-$ in 2021 prices | -0.3% |
| 1956 | 56.64 billion international-$ in 2021 prices | +2.0% |
| 1957 | 59.45 billion international-$ in 2021 prices | +5.0% |
| 1958 | 60.62 billion international-$ in 2021 prices | +2.0% |
| 1959 | 65.48 billion international-$ in 2021 prices | +8.0% |
| 1960 | 69.45 billion international-$ in 2021 prices | +6.1% |
| 1961 | 73.87 billion international-$ in 2021 prices | +6.4% |
| 1962 | 77.43 billion international-$ in 2021 prices | +4.8% |
| 1963 | 78.68 billion international-$ in 2021 prices | +1.6% |
| 1964 | 85.05 billion international-$ in 2021 prices | +8.1% |
| 1965 | 88.73 billion international-$ in 2021 prices | +4.3% |
| 1966 | 91.13 billion international-$ in 2021 prices | +2.7% |
| 1967 | 96.08 billion international-$ in 2021 prices | +5.4% |
| 1968 | 101.54 billion international-$ in 2021 prices | +5.7% |
| 1969 | 108.00 billion international-$ in 2021 prices | +6.4% |
| 1970 | 109.42 billion international-$ in 2021 prices | +1.3% |
| 1971 | 112.68 billion international-$ in 2021 prices | +3.0% |
| 1972 | 117.18 billion international-$ in 2021 prices | +4.0% |
| 1973 | 122.36 billion international-$ in 2021 prices | +4.4% |
| 1974 | 120.73 billion international-$ in 2021 prices | -1.3% |
| 1975 | 119.08 billion international-$ in 2021 prices | -1.4% |
| 1976 | 125.65 billion international-$ in 2021 prices | +5.5% |
| 1977 | 128.91 billion international-$ in 2021 prices | +2.6% |
| 1978 | 132.78 billion international-$ in 2021 prices | +3.0% |
| 1979 | 138.23 billion international-$ in 2021 prices | +4.1% |
| 1980 | 138.60 billion international-$ in 2021 prices | +0.3% |
| 1981 | 133.64 billion international-$ in 2021 prices | -3.6% |
| 1982 | 135.81 billion international-$ in 2021 prices | +1.6% |
| 1983 | 136.85 billion international-$ in 2021 prices | +0.8% |
| 1984 | 139.61 billion international-$ in 2021 prices | +2.0% |
| 1985 | 141.73 billion international-$ in 2021 prices | +1.5% |
| 1986 | 152.75 billion international-$ in 2021 prices | +7.8% |
| 1987 | 157.52 billion international-$ in 2021 prices | +3.1% |
| 1988 | 158.84 billion international-$ in 2021 prices | +0.8% |
| 1989 | 160.68 billion international-$ in 2021 prices | +1.2% |
| 1990 | 165.99 billion international-$ in 2021 prices | +3.3% |
| 1991 | 167.64 billion international-$ in 2021 prices | +1.0% |
| 1992 | 175.00 billion international-$ in 2021 prices | +4.4% |
| 1993 | 174.58 billion international-$ in 2021 prices | -0.2% |
| 1994 | 183.09 billion international-$ in 2021 prices | +4.9% |
| 1995 | 189.87 billion international-$ in 2021 prices | +3.7% |
| 1996 | 196.93 billion international-$ in 2021 prices | +3.7% |
| 1997 | 206.31 billion international-$ in 2021 prices | +4.8% |
| 1998 | 213.05 billion international-$ in 2021 prices | +3.3% |
| 1999 | 222.59 billion international-$ in 2021 prices | +4.5% |
| 2000 | 235.84 billion international-$ in 2021 prices | +6.0% |
| 2001 | 236.79 billion international-$ in 2021 prices | +0.4% |
| 2002 | 239.00 billion international-$ in 2021 prices | +0.9% |
| 2003 | 237.31 billion international-$ in 2021 prices | -0.7% |
| 2004 | 247.61 billion international-$ in 2021 prices | +4.3% |
| 2005 | 260.81 billion international-$ in 2021 prices | +5.3% |
| 2006 | 269.18 billion international-$ in 2021 prices | +3.2% |
| 2007 | 277.26 billion international-$ in 2021 prices | +3.0% |
| 2008 | 294.32 billion international-$ in 2021 prices | +6.2% |
| 2009 | 283.02 billion international-$ in 2021 prices | -3.8% |
| 2010 | 298.91 billion international-$ in 2021 prices | +5.6% |
| 2011 | 312.12 billion international-$ in 2021 prices | +4.4% |
| 2012 | 309.56 billion international-$ in 2021 prices | -0.8% |
| 2013 | 304.73 billion international-$ in 2021 prices | -1.6% |
| 2014 | 304.59 billion international-$ in 2021 prices | -0.0% |
| 2015 | 302.08 billion international-$ in 2021 prices | -0.8% |
| 2016 | 313.26 billion international-$ in 2021 prices | +3.7% |
| 2017 | 329.50 billion international-$ in 2021 prices | +5.2% |
| 2018 | 333.75 billion international-$ in 2021 prices | +1.3% |
| 2019 | 353.56 billion international-$ in 2021 prices | +5.9% |
| 2020 | 355.46 billion international-$ in 2021 prices | +0.5% |
| 2021 | 381.00 billion international-$ in 2021 prices | +7.2% |
| 2022 | 393.46 billion international-$ in 2021 prices | +3.3% |
| 2023 | 392.00 billion international-$ in 2021 prices | -0.4% |
Denmark compared with similar countries
- Denmark's 392.00 billion international-$ in 2021 prices is above the median for high income countries, which is 277.84 billion international-$ in 2021 prices, 1.4× the median. (66 countries reporting)
- Denmark's 392.00 billion international-$ in 2021 prices is above the median for Europe & Central Asia, which is 314.74 billion international-$ in 2021 prices, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 55.81 billion international-$ in 2021 prices | 49.64 billion international-$ in 2021 prices | 65.48 billion international-$ in 2021 prices | 10 |
| 1960s | 87.00 billion international-$ in 2021 prices | 69.45 billion international-$ in 2021 prices | 108.00 billion international-$ in 2021 prices | 10 |
| 1970s | 122.70 billion international-$ in 2021 prices | 109.42 billion international-$ in 2021 prices | 138.23 billion international-$ in 2021 prices | 10 |
| 1980s | 145.60 billion international-$ in 2021 prices | 133.64 billion international-$ in 2021 prices | 160.68 billion international-$ in 2021 prices | 10 |
| 1990s | 189.51 billion international-$ in 2021 prices | 165.99 billion international-$ in 2021 prices | 222.59 billion international-$ in 2021 prices | 10 |
| 2000s | 258.11 billion international-$ in 2021 prices | 235.84 billion international-$ in 2021 prices | 294.32 billion international-$ in 2021 prices | 10 |
| 2010s | 316.21 billion international-$ in 2021 prices | 298.91 billion international-$ in 2021 prices | 353.56 billion international-$ in 2021 prices | 10 |
| 2020s | 380.48 billion international-$ in 2021 prices | 355.46 billion international-$ in 2021 prices | 393.46 billion international-$ in 2021 prices | 4 |
Countries ranked near Denmark
- 52 Israel 408.45 billion international-$ in 2021 prices compare
- 53 Ethiopia 406.07 billion international-$ in 2021 prices compare
- 54 Myanmar 396.32 billion international-$ in 2021 prices compare
- 56 Portugal 382.11 billion international-$ in 2021 prices compare
- 57 Greece 351.55 billion international-$ in 2021 prices compare
- 58 Uzbekistan 349.17 billion international-$ in 2021 prices 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)
- 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$), annual growth rate 17.85 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Denmark?
- Gross domestic product (gdp) in Denmark was 392.00 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Denmark?
- The highest recorded value was 393.46 billion international-$ in 2021 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Denmark?
- The lowest recorded value was 49.64 billion international-$ in 2021 prices in 1951.
- How does Denmark rank for gross domestic product (gdp)?
- Denmark ranks 55th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Denmark?
- Over the last ten years it is up 28.6%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.