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CompareEconomy.com Comparison of world economies

Denmark

World Rank 28 5.08 Denmark flag svg
Capital
Area
Currency
Copenhagen
43,094 km 2
Danish krone (DKK)

Table of Contents

Introduction

The Kingdom of Denmark is a country located in Northern Europe. It is a Sandinavian, Nordic nation that consists of a peninsula and a lot of named islands that create the archipelago. The total land area of Denmark is only approximately 43,000 square kilometers. However, due to low population, Denmark isn't densely populated either. The kingdom has a monarch, namely Margrethe II. However, in most cases it is governed by Prime Minister Mette Frederiksen.

Economy

Contrary to what one could think, the GDP of Denmark is very low because it is around $350 billion. As a result, it gives them 14th place in the European Union. Although this value is very low for European standards, we should remember about the GDP per capita. In this case, Denmark is one of the best countries in Europe with the GDP per capita value of $60,100, according to data collected in 2019 by World Bank Data. It ranks them third in the ranking of GDP per capita ranking. 

Population

Even if we include the population from Faroe Islands and Greenland, Denmark is 114th in terms of population with a number of around 5.7 million. However, because of its very small land coverage, it is pretty densely populated (137 Danes per square kilometer).

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#35 (2021)
398,303,272,764 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#16 (2021)
28,426,209,558 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#110 (2021)
5.06 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)