Merchandise trade as a proportion of GDP in Denmark

Denmark: Merchandise trade as a proportion of GDP was 60.3% in 2024. ▬ Flat

Latest (2024)
60.3%
Change on year
down 2.7%
World rank
80th
of 188 countries
All-time high
65.2%
in 2022
All-time low
54.9%
in 2009
Years of data
25
2000–2024

Merchandise trade as a proportion of GDP in Denmark, 2000–2024

02040602000201220242000: 592001: 58.82002: 60.32003: 56.72004: 57.62005: 60.62006: 62.82007: 62.82008: 63.72009: 54.92010: 55.72011: 60.32012: 60.42013: 60.42014: 59.82015: 602016: 57.92017: 58.92018: 59.82019: 60.62020: 58.12021: 60.62022: 65.22023: 622024: 60.3

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, merchandise trade as a proportion of gdp in Denmark stood at 60.3%.

Compared with earlier readings it is down 2.7% on the previous year and up 0.8% over ten years.

Over the whole period, merchandise trade as a proportion of gdp in Denmark peaked at 65.2% in 2022 and was at its lowest, 54.9%, in 2009.

That places Denmark 80th out of 188 countries with data for 2024, putting it in the middle of the range.

Merchandise trade as a proportion of GDP in Denmark, year by year

Annual values for Merchandise trade as a proportion of GDP (%) in Denmark, 2000 to 2024.
Year Value Change
2000 59.0%
2001 58.8% -0.3%
2002 60.3% +2.5%
2003 56.7% -5.9%
2004 57.6% +1.6%
2005 60.6% +5.2%
2006 62.8% +3.7%
2007 62.8% -0.0%
2008 63.7% +1.5%
2009 54.9% -13.9%
2010 55.7% +1.4%
2011 60.3% +8.2%
2012 60.4% +0.2%
2013 60.4% +0.1%
2014 59.8% -1.0%
2015 60.0% +0.3%
2016 57.9% -3.5%
2017 58.9% +1.8%
2018 59.8% +1.4%
2019 60.6% +1.3%
2020 58.1% -4.0%
2021 60.6% +4.3%
2022 65.2% +7.5%
2023 62.0% -4.9%
2024 60.3% -2.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 59.7% 54.9% 63.7% 10
2010s 59.4% 55.7% 60.6% 10
2020s 61.3% 58.1% 65.2% 5

Countries ranked near Denmark

  1. 77 Botswana 61.0% compare
  2. 78 Trinidad and Tobago 60.7% compare
  3. 79 Belize 60.5% compare
  4. 81 Naoero 59.7% compare
  5. 82 Qatar 59.4% compare
  6. 83 Greenland 59.2% compare

See the full ranking of 242 places →

More economy & growth data for Denmark

All data for Denmark →

Frequently asked questions

What is merchandise trade as a proportion of gdp in Denmark?
Merchandise trade as a proportion of gdp in Denmark was 60.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest merchandise trade as a proportion of gdp recorded in Denmark?
The highest recorded value was 65.2% in 2022.
What is the lowest merchandise trade as a proportion of gdp recorded in Denmark?
The lowest recorded value was 54.9% in 2009.
How does Denmark rank for merchandise trade as a proportion of gdp?
Denmark ranks 80th out of 188 countries with data for 2024.
Is merchandise trade as a proportion of gdp rising or falling in Denmark?
Over the last ten years it is up 0.8%. The long-run trend across the full record is flat.
Where does this Denmark data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Merchandise trade as a proportion of GDP in Denmark. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/merchandise-trade-as-a-proportion-of-gdp-percent/denmark/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
242 places, 5,885 data points, 2000–2024
Last refreshed