HICP - Services in Denmark
Denmark: HICP - Services was 2.9 in 2025. ▼ Falling
Latest (2025)
2.9
Change on year
down 3.3%
World rank
28th
of 31 countries
All-time high
6.1
in 1988
All-time low
1.2
in 2020
Years of data
38
1988–2025
HICP - Services in Denmark, 1988–2025
Source: European Central Bank.
Analysis
The most recent figure for hicp - services in Denmark is 2.9, measured in 2025.
That represents a change of down 3.3% on the previous year and up 93.3% over ten years.
Over the whole period, hicp - services in Denmark peaked at 6.1 in 1988 and was at its lowest, 1.2, in 2020.
That places Denmark 28th out of 31 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 38 years of available data.
HICP - Services in Denmark, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 6.1 | — |
| 1989 | 5.3 | -13.1% |
| 1990 | 4.4 | -17.0% |
| 1991 | 4.1 | -6.8% |
| 1992 | 3.3 | -19.5% |
| 1993 | 2.6 | -21.2% |
| 1994 | 2.6 | +0.0% |
| 1995 | 2.6 | +0.0% |
| 1996 | 3.5 | +34.6% |
| 1997 | 2.8 | -20.0% |
| 1998 | 1.9 | -32.1% |
| 1999 | 3.1 | +63.2% |
| 2000 | 3.5 | +12.9% |
| 2001 | 3.3 | -5.7% |
| 2002 | 3.7 | +12.1% |
| 2003 | 3.3 | -10.8% |
| 2004 | 3 | -9.1% |
| 2005 | 2.2 | -26.7% |
| 2006 | 2.4 | +9.1% |
| 2007 | 2.5 | +4.2% |
| 2008 | 3.3 | +32.0% |
| 2009 | 3.2 | -3.0% |
| 2010 | 2.4 | -25.0% |
| 2011 | 2.3 | -4.2% |
| 2012 | 2.5 | +8.7% |
| 2013 | 1.5 | -40.0% |
| 2014 | 1.6 | +6.7% |
| 2015 | 1.5 | -6.3% |
| 2016 | 1.5 | +0.0% |
| 2017 | 2 | +33.3% |
| 2018 | 1.6 | -20.0% |
| 2019 | 1.4 | -12.5% |
| 2020 | 1.2 | -14.3% |
| 2021 | 1.4 | +16.7% |
| 2022 | 3.7 | +164.3% |
| 2023 | 5.5 | +48.6% |
| 2024 | 3 | -45.5% |
| 2025 | 2.9 | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.7 | 5.3 | 6.1 | 2 |
| 1990s | 3.09 | 1.9 | 4.4 | 10 |
| 2000s | 3.04 | 2.2 | 3.7 | 10 |
| 2010s | 1.83 | 1.4 | 2.5 | 10 |
| 2020s | 2.95 | 1.2 | 5.5 | 6 |
Countries ranked near Denmark
- 27 Ireland 3 compare
- 29 United Kingdom 2.5 compare
- 29 Luxembourg 2.5 compare
- 31 France 2.2 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)
- Gross capital formation (current US$), annual growth rate 3.86 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2212 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 17,028 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -0.2454 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 1.46 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 112,754 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -3.41 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1724 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is hicp - services in Denmark?
- Hicp - services in Denmark was 2.9 in 2025, according to European Central Bank.
- What is the highest hicp - services recorded in Denmark?
- The highest recorded value was 6.1 in 1988.
- What is the lowest hicp - services recorded in Denmark?
- The lowest recorded value was 1.2 in 2020.
- How does Denmark rank for hicp - services?
- Denmark ranks 28th out of 31 countries with data for 2025.
- Is hicp - services rising or falling in Denmark?
- Over the last ten years it is up 93.3%. The long-run trend across the full record is falling.
- Where does this Denmark data come from?
- The figures come from European Central Bank, published as part of HICP - Services (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
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