Gross Fixed Capital Formation — Value Standard Local Currency in Denmark
Denmark: Gross Fixed Capital Formation — Value Standard Local Currency was 661,843 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Denmark, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Denmark stood at 661,843 million SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.9% on the previous year and up 71.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Denmark peaked at 661,843 million SLC in 2024 and was at its lowest, 32,555 million SLC, in 1970.
Denmark ranks 84th of 230 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Denmark, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 32,555 million SLC | — |
| 1971 | 35,217 million SLC | +8.2% |
| 1972 | 41,944 million SLC | +19.1% |
| 1973 | 48,079 million SLC | +14.6% |
| 1974 | 52,082 million SLC | +8.3% |
| 1975 | 52,318 million SLC | +0.5% |
| 1976 | 65,661 million SLC | +25.5% |
| 1977 | 70,601 million SLC | +7.5% |
| 1978 | 77,181 million SLC | +9.3% |
| 1979 | 83,441 million SLC | +8.1% |
| 1980 | 82,327 million SLC | -1.3% |
| 1981 | 76,285 million SLC | -7.3% |
| 1982 | 90,581 million SLC | +18.7% |
| 1983 | 101,113 million SLC | +11.6% |
| 1984 | 117,231 million SLC | +15.9% |
| 1985 | 138,222 million SLC | +17.9% |
| 1986 | 162,101 million SLC | +17.3% |
| 1987 | 168,426 million SLC | +3.9% |
| 1988 | 163,752 million SLC | -2.8% |
| 1989 | 171,946 million SLC | +5.0% |
| 1990 | 176,229 million SLC | +2.5% |
| 1991 | 176,056 million SLC | -0.1% |
| 1992 | 174,481 million SLC | -0.9% |
| 1993 | 169,089 million SLC | -3.1% |
| 1994 | 183,051 million SLC | +8.3% |
| 1995 | 202,964 million SLC | +10.9% |
| 1996 | 214,626 million SLC | +5.7% |
| 1997 | 239,570 million SLC | +11.6% |
| 1998 | 257,180 million SLC | +7.4% |
| 1999 | 261,334 million SLC | +1.6% |
| 2000 | 286,259 million SLC | +9.5% |
| 2001 | 293,546 million SLC | +2.5% |
| 2002 | 292,506 million SLC | -0.4% |
| 2003 | 299,683 million SLC | +2.5% |
| 2004 | 313,889 million SLC | +4.7% |
| 2005 | 338,936 million SLC | +8.0% |
| 2006 | 394,910 million SLC | +16.5% |
| 2007 | 412,289 million SLC | +4.4% |
| 2008 | 418,058 million SLC | +1.4% |
| 2009 | 350,349 million SLC | -16.2% |
| 2010 | 328,723 million SLC | -6.2% |
| 2011 | 338,605 million SLC | +3.0% |
| 2012 | 359,336 million SLC | +6.1% |
| 2013 | 367,799 million SLC | +2.4% |
| 2014 | 386,362 million SLC | +5.0% |
| 2015 | 405,207 million SLC | +4.9% |
| 2016 | 444,095 million SLC | +9.6% |
| 2017 | 468,379 million SLC | +5.5% |
| 2018 | 491,628 million SLC | +5.0% |
| 2019 | 495,547 million SLC | +0.8% |
| 2020 | 519,684 million SLC | +4.9% |
| 2021 | 582,206 million SLC | +12.0% |
| 2022 | 653,166 million SLC | +12.2% |
| 2023 | 637,140 million SLC | -2.5% |
| 2024 | 661,843 million SLC | +3.9% |
Denmark compared with similar countries
- Denmark's 661,843 million SLC is above the median for high income countries, which is 36,467 million SLC, 18.1× the median. (73 countries reporting)
- Denmark's 661,843 million SLC is above the median for Europe & Central Asia, which is 116,713 million SLC, 5.7× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 55,908 million SLC | 32,555 million SLC | 83,441 million SLC | 10 |
| 1980s | 127,198 million SLC | 76,285 million SLC | 171,946 million SLC | 10 |
| 1990s | 205,458 million SLC | 169,089 million SLC | 261,334 million SLC | 10 |
| 2000s | 340,042 million SLC | 286,259 million SLC | 418,058 million SLC | 10 |
| 2010s | 408,568 million SLC | 328,723 million SLC | 495,547 million SLC | 10 |
| 2020s | 610,808 million SLC | 519,684 million SLC | 661,843 million SLC | 5 |
Countries ranked near Denmark
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 fixed capital formation — value standard local currency in Denmark?
- Gross fixed capital formation — value standard local currency in Denmark was 661,843 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Denmark?
- The highest recorded value was 661,843 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Denmark?
- The lowest recorded value was 32,555 million SLC in 1970.
- How does Denmark rank for gross fixed capital formation — value standard local currency?
- Denmark ranks 84th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Denmark?
- Over the last ten years it is up 71.3%. 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 Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).