Gross domestic product (GDP) in Denmark
Denmark: Gross domestic product (GDP) was 392.00 billion international-$ in 2021 prices in 2023. ◆ Volatile
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.
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
- 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 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.