Gross Domestic Product — Value Standard Local Currency in Denmark
Denmark: Gross Domestic Product — Value Standard Local Currency was 2.96 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Denmark, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Denmark recorded 2.96 million million SLC for gross domestic product — value standard local currency in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.6% on the previous year and up 49.5% over ten years.
Over the whole period, gross domestic product — value standard local currency in Denmark peaked at 2.96 million million SLC in 2024 and was at its lowest, 128,066 million SLC, in 1970.
That places Denmark 82nd 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 in Denmark, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 128,066 million SLC | — |
| 1971 | 141,740 million SLC | +10.7% |
| 1972 | 161,437 million SLC | +13.9% |
| 1973 | 185,830 million SLC | +15.1% |
| 1974 | 207,993 million SLC | +11.9% |
| 1975 | 232,255 million SLC | +11.7% |
| 1976 | 269,024 million SLC | +15.8% |
| 1977 | 298,429 million SLC | +10.9% |
| 1978 | 332,641 million SLC | +11.5% |
| 1979 | 370,338 million SLC | +11.3% |
| 1980 | 399,085 million SLC | +7.8% |
| 1981 | 437,804 million SLC | +9.7% |
| 1982 | 500,646 million SLC | +14.4% |
| 1983 | 551,728 million SLC | +10.2% |
| 1984 | 609,682 million SLC | +10.5% |
| 1985 | 661,771 million SLC | +8.5% |
| 1986 | 709,975 million SLC | +7.3% |
| 1987 | 746,848 million SLC | +5.2% |
| 1988 | 777,759 million SLC | +4.1% |
| 1989 | 821,025 million SLC | +5.6% |
| 1990 | 855,374 million SLC | +4.2% |
| 1991 | 890,268 million SLC | +4.1% |
| 1992 | 923,321 million SLC | +3.7% |
| 1993 | 927,919 million SLC | +0.5% |
| 1994 | 992,368 million SLC | +6.9% |
| 1995 | 1.04 million million SLC | +4.4% |
| 1996 | 1.09 million million SLC | +5.0% |
| 1997 | 1.14 million million SLC | +5.2% |
| 1998 | 1.19 million million SLC | +3.6% |
| 1999 | 1.24 million million SLC | +4.7% |
| 2000 | 1.33 million million SLC | +6.8% |
| 2001 | 1.37 million million SLC | +3.5% |
| 2002 | 1.41 million million SLC | +2.9% |
| 2003 | 1.44 million million SLC | +1.9% |
| 2004 | 1.51 million million SLC | +4.9% |
| 2005 | 1.59 million million SLC | +5.3% |
| 2006 | 1.69 million million SLC | +6.0% |
| 2007 | 1.74 million million SLC | +3.4% |
| 2008 | 1.81 million million SLC | +3.8% |
| 2009 | 1.73 million million SLC | -4.4% |
| 2010 | 1.81 million million SLC | +4.8% |
| 2011 | 1.85 million million SLC | +2.0% |
| 2012 | 1.89 million million SLC | +2.4% |
| 2013 | 1.94 million million SLC | +2.3% |
| 2014 | 1.98 million million SLC | +2.3% |
| 2015 | 2.03 million million SLC | +2.5% |
| 2016 | 2.10 million million SLC | +3.5% |
| 2017 | 2.19 million million SLC | +4.2% |
| 2018 | 2.24 million million SLC | +2.5% |
| 2019 | 2.30 million million SLC | +2.7% |
| 2020 | 2.33 million million SLC | +1.0% |
| 2021 | 2.57 million million SLC | +10.4% |
| 2022 | 2.84 million million SLC | +10.8% |
| 2023 | 2.80 million million SLC | -1.4% |
| 2024 | 2.96 million million SLC | +5.6% |
Denmark compared with similar countries
- Denmark's 2.96 million million SLC is above the median for high income countries, which is 257,567 million SLC, 11.5× the median. (72 countries reporting)
- Denmark's 2.96 million million SLC is above the median for Europe & Central Asia, which is 507,692 million SLC, 5.8× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 232,775 million SLC | 128,066 million SLC | 370,338 million SLC | 10 |
| 1980s | 621,632 million SLC | 399,085 million SLC | 821,025 million SLC | 10 |
| 1990s | 1.03 million million SLC | 855,374 million SLC | 1.24 million million SLC | 10 |
| 2000s | 1.56 million million SLC | 1.33 million million SLC | 1.81 million million SLC | 10 |
| 2010s | 2.03 million million SLC | 1.81 million million SLC | 2.30 million million SLC | 10 |
| 2020s | 2.70 million million SLC | 2.33 million million SLC | 2.96 million million SLC | 5 |
Countries ranked near Denmark
- 79 China, Hong Kong SAR 3.17 million million SLC compare
- 80 Jamaica 3.12 million million SLC compare
- 81 Canada 3.03 million million SLC compare
- 83 France 2.92 million million SLC compare
- 84 United Kingdom of Great Britain and Northern Ireland 2.86 million million SLC compare
- 85 Australia 2.78 million million SLC 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 in Denmark?
- Gross domestic product — value standard local currency in Denmark was 2.96 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Denmark?
- The highest recorded value was 2.96 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Denmark?
- The lowest recorded value was 128,066 million SLC in 1970.
- How does Denmark rank for gross domestic product — value standard local currency?
- Denmark ranks 82nd out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Denmark?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).