Denmark GDP Annual Growth Rate


The Gross Domestic Product (GDP) in Denmark expanded 2.30 percent in the fourth quarter of 2016, accelerating from a 1.5 percent growth in the previous period. GDP Annual Growth Rate in Denmark averaged 1.60 percent from 1991 until 2016, reaching an all time high of 6.50 percent in the fourth quarter of 1994 and a record low of -6.20 percent in the second quarter of 2009.


Denmark GDP Annual Growth Rate

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On the expenditure side, household consumption is the main component of Danish GDP and accounts for 49 percent of its total use, followed by government expenditure (27 percent, the highest among EU countries) and gross fixed capital formation (19 percent). Exports of goods and services account for 54 percent of GDP while imports account for 48 percent, adding 6 percent of total GDP. This page provides – Denmark GDP Annual Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark GDP Annual Growth Rate – actual data, historical chart and calendar of releases – was last updated on April of 2017.