HICP - Services (Annual average rate of change, Eurostat) in Denmark
Denmark: HICP - Services (Annual average rate of change, Eurostat) was 2.9 in 2025. ▼ Falling
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 (Annual average rate of change, Eurostat) 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% |
Denmark compared with similar countries
- Denmark's 2.9 is below the median for Europe & Central Asia, which is 4.3, 67% of the median. (29 countries reporting)
- Denmark's 2.9 is below the median for high income countries, which is 4.3, 67% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - Services (Annual average rate of change, Eurostat) 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 |
|---|---|---|---|
| 2022 | +164.3% | 1.4 | 3.7 |
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)
- 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 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.
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