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
93rd
of 220 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
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
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 93rd out of 220 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
| Year | % | 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% |
Denmark compared with similar countries
- Denmark's 60.3% is above the median for high income countries, which is 56.9%, 1.1× the median. (73 countries reporting)
- Denmark's 60.3% is below the median for Europe & Central Asia, which is 63.9%, 94% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Denmark
- Real gdp growth, annual growth rate -17.25 % change on previous year (2025)
- 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)
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 93rd out of 220 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).