Gross Domestic Product — Value Standard Local Currency, annual growth in Denmark
Denmark: Gross Domestic Product — Value Standard Local Currency, annual growth was 5.57 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Denmark, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, annual growth in Denmark stood at 5.57 % change on previous year.
That represents a change of up 501.0% on the previous year and up 141.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Denmark peaked at 15.83 % change on previous year in 1976 and was at its lowest, -4.43 % change on previous year, in 2009.
That places Denmark 138th out of 218 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.
Gross Domestic Product — Value Standard Local Currency, annual growth in Denmark, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.68 % change on previous year | — |
| 1972 | 13.9 % change on previous year | +30.2% |
| 1973 | 15.11 % change on previous year | +8.7% |
| 1974 | 11.93 % change on previous year | -21.1% |
| 1975 | 11.66 % change on previous year | -2.2% |
| 1976 | 15.83 % change on previous year | +35.7% |
| 1977 | 10.93 % change on previous year | -31.0% |
| 1978 | 11.46 % change on previous year | +4.9% |
| 1979 | 11.33 % change on previous year | -1.1% |
| 1980 | 7.76 % change on previous year | -31.5% |
| 1981 | 9.7 % change on previous year | +25.0% |
| 1982 | 14.35 % change on previous year | +47.9% |
| 1983 | 10.2 % change on previous year | -28.9% |
| 1984 | 10.5 % change on previous year | +2.9% |
| 1985 | 8.54 % change on previous year | -18.7% |
| 1986 | 7.28 % change on previous year | -14.7% |
| 1987 | 5.19 % change on previous year | -28.7% |
| 1988 | 4.14 % change on previous year | -20.3% |
| 1989 | 5.56 % change on previous year | +34.4% |
| 1990 | 4.18 % change on previous year | -24.8% |
| 1991 | 4.08 % change on previous year | -2.5% |
| 1992 | 3.71 % change on previous year | -9.0% |
| 1993 | 0.498 % change on previous year | -86.6% |
| 1994 | 6.95 % change on previous year | +1294.7% |
| 1995 | 4.36 % change on previous year | -37.3% |
| 1996 | 4.98 % change on previous year | +14.3% |
| 1997 | 5.24 % change on previous year | +5.4% |
| 1998 | 3.59 % change on previous year | -31.6% |
| 1999 | 4.7 % change on previous year | +31.1% |
| 2000 | 6.85 % change on previous year | +45.6% |
| 2001 | 3.49 % change on previous year | -49.0% |
| 2002 | 2.86 % change on previous year | -18.2% |
| 2003 | 1.94 % change on previous year | -32.0% |
| 2004 | 4.92 % change on previous year | +153.3% |
| 2005 | 5.33 % change on previous year | +8.3% |
| 2006 | 5.98 % change on previous year | +12.4% |
| 2007 | 3.44 % change on previous year | -42.6% |
| 2008 | 3.82 % change on previous year | +11.2% |
| 2009 | -4.43 % change on previous year | -216.0% |
| 2010 | 4.82 % change on previous year | -208.8% |
| 2011 | 1.97 % change on previous year | -59.2% |
| 2012 | 2.4 % change on previous year | +22.2% |
| 2013 | 2.25 % change on previous year | -6.3% |
| 2014 | 2.31 % change on previous year | +2.6% |
| 2015 | 2.52 % change on previous year | +9.2% |
| 2016 | 3.51 % change on previous year | +39.2% |
| 2017 | 4.19 % change on previous year | +19.3% |
| 2018 | 2.46 % change on previous year | -41.2% |
| 2019 | 2.68 % change on previous year | +8.7% |
| 2020 | 0.9962 % change on previous year | -62.8% |
| 2021 | 10.36 % change on previous year | +939.4% |
| 2022 | 10.78 % change on previous year | +4.1% |
| 2023 | -1.39 % change on previous year | -112.9% |
| 2024 | 5.57 % change on previous year | -501.0% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 1994 | +1294.7% | 0.498 % change on previous year | 6.95 % change on previous year |
| 2021 | +939.4% | 0.9962 % change on previous year | 10.36 % change on previous year |
| 2024 | +501.0% | -1.39 % change on previous year | 5.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.54 % change on previous year | 10.68 % change on previous year | 15.83 % change on previous year | 9 |
| 1980s | 8.32 % change on previous year | 4.14 % change on previous year | 14.35 % change on previous year | 10 |
| 1990s | 4.23 % change on previous year | 0.498 % change on previous year | 6.95 % change on previous year | 10 |
| 2000s | 3.42 % change on previous year | -4.43 % change on previous year | 6.85 % change on previous year | 10 |
| 2010s | 2.91 % change on previous year | 1.97 % change on previous year | 4.82 % change on previous year | 10 |
| 2020s | 5.26 % change on previous year | -1.39 % change on previous year | 10.78 % change on previous year | 5 |
Countries ranked near Denmark
- 135 Maldives 5.85 % change on previous year compare
- 136 Slovakia 5.78 % change on previous year compare
- 137 North Macedonia 5.7 % change on previous year compare
- 139 Anguilla 5.55 % change on previous year compare
- 140 Greece 5.5 % change on previous year compare
- 141 Eswatini 5.47 % change on previous year 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 — value standard local currency, annual growth in Denmark?
- Gross domestic product — value standard local currency, annual growth in Denmark was 5.57 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Denmark?
- The highest recorded value was 15.83 % change on previous year in 1976.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Denmark?
- The lowest recorded value was -4.43 % change on previous year in 2009.
- How does Denmark rank for gross domestic product — value standard local currency, annual growth?
- Denmark ranks 138th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Denmark?
- Over the last ten years it is up 141.1%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.