Gross Domestic Product — Value US$ in Denmark
Denmark: Gross Domestic Product — Value US$ was 429,457 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Denmark, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Denmark recorded 429,457 million USD for gross domestic product — value us$ in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.5% on the previous year and up 21.7% over ten years.
Over the whole period, gross domestic product — value us$ in Denmark peaked at 429,457 million USD in 2024 and was at its lowest, 17,076 million USD, in 1970.
Denmark ranks 43rd of 236 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Denmark, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 17,076 million USD | — |
| 1971 | 19,086 million USD | +11.8% |
| 1972 | 23,231 million USD | +21.7% |
| 1973 | 30,718 million USD | +32.2% |
| 1974 | 34,126 million USD | +11.1% |
| 1975 | 40,419 million USD | +18.4% |
| 1976 | 44,503 million USD | +10.1% |
| 1977 | 49,712 million USD | +11.7% |
| 1978 | 60,320 million USD | +21.3% |
| 1979 | 70,394 million USD | +16.7% |
| 1980 | 70,811 million USD | +0.6% |
| 1981 | 61,460 million USD | -13.2% |
| 1982 | 60,084 million USD | -2.2% |
| 1983 | 60,331 million USD | +0.4% |
| 1984 | 58,869 million USD | -2.4% |
| 1985 | 62,452 million USD | +6.1% |
| 1986 | 87,749 million USD | +40.5% |
| 1987 | 109,183 million USD | +24.4% |
| 1988 | 115,540 million USD | +5.8% |
| 1989 | 112,313 million USD | -2.8% |
| 1990 | 138,219 million USD | +23.1% |
| 1991 | 139,181 million USD | +0.7% |
| 1992 | 152,966 million USD | +9.9% |
| 1993 | 143,110 million USD | -6.4% |
| 1994 | 156,019 million USD | +9.0% |
| 1995 | 184,850 million USD | +18.5% |
| 1996 | 187,482 million USD | +1.4% |
| 1997 | 173,242 million USD | -7.6% |
| 1998 | 176,876 million USD | +2.1% |
| 1999 | 177,887 million USD | +0.6% |
| 2000 | 164,043 million USD | -7.8% |
| 2001 | 164,881 million USD | +0.5% |
| 2002 | 178,788 million USD | +8.4% |
| 2003 | 218,422 million USD | +22.2% |
| 2004 | 251,988 million USD | +15.4% |
| 2005 | 265,150 million USD | +5.2% |
| 2006 | 283,387 million USD | +6.9% |
| 2007 | 320,213 million USD | +13.0% |
| 2008 | 354,977 million USD | +10.9% |
| 2009 | 322,621 million USD | -9.1% |
| 2010 | 322,346 million USD | -0.1% |
| 2011 | 344,316 million USD | +6.8% |
| 2012 | 326,793 million USD | -5.1% |
| 2013 | 344,631 million USD | +5.5% |
| 2014 | 352,833 million USD | +2.4% |
| 2015 | 301,759 million USD | -14.5% |
| 2016 | 312,182 million USD | +3.5% |
| 2017 | 331,611 million USD | +6.2% |
| 2018 | 355,293 million USD | +7.1% |
| 2019 | 345,401 million USD | -2.8% |
| 2020 | 355,631 million USD | +3.0% |
| 2021 | 408,378 million USD | +14.8% |
| 2022 | 401,946 million USD | -1.6% |
| 2023 | 407,092 million USD | +1.3% |
| 2024 | 429,457 million USD | +5.5% |
Denmark compared with similar countries
- Denmark's 429,457 million USD is above the median for high income countries, which is 95,350 million USD, 4.5× the median. (73 countries reporting)
- Denmark's 429,457 million USD is above the median for Europe & Central Asia, which is 97,163 million USD, 4.4× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38,958 million USD | 17,076 million USD | 70,394 million USD | 10 |
| 1980s | 79,879 million USD | 58,869 million USD | 115,540 million USD | 10 |
| 1990s | 162,983 million USD | 138,219 million USD | 187,482 million USD | 10 |
| 2000s | 252,447 million USD | 164,043 million USD | 354,977 million USD | 10 |
| 2010s | 333,716 million USD | 301,759 million USD | 355,293 million USD | 10 |
| 2020s | 400,501 million USD | 355,631 million USD | 429,457 million USD | 5 |
Countries ranked near Denmark
- 41 Iran (Islamic Republic of) 443,912 million USD compare
- 42 Bangladesh 432,742 million USD compare
- 44 Malaysia 421,912 million USD compare
- 45 Colombia 415,398 million USD compare
- 46 China, Hong Kong SAR 406,835 million USD 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)
- SDRs holdings, US dollar, annual growth rate 5 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,148 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0121 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0109 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 838.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.39 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0075 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Denmark?
- Gross domestic product — value us$ in Denmark was 429,457 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Denmark?
- The highest recorded value was 429,457 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Denmark?
- The lowest recorded value was 17,076 million USD in 1970.
- How does Denmark rank for gross domestic product — value us$?
- Denmark ranks 43rd out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Denmark?
- Over the last ten years it is up 21.7%. 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 US$. 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).