## Denmark: Selected Economic and Social Indicators, 2013–21

## Source details

**Canonical URL:** [Denmark: Selected Economic and Social Indicators, 2013–21](https://www.imf.org/-/media/files/news/press-release/tables-pdf-format/engpr16305table.pdf)

## Other formats

- [Markdown version](/-/media/files/news/press-release/tables-pdf-format/engpr16305table.pdf.md)
- [Structured JSON version](/-/media/files/news/press-release/tables-pdf-format/engpr16305table.pdf.json)

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### Supply and Demand (change in percent)
- Real GDP: -0.2, 1.3, 1.2, 1.3, 1.6, 1.8, 1.8, 1.9, 1.8
- Final domestic demand: 0.0, 1.0, 1.5, 1.5, 1.8, 2.0, 2.0, 2.0, 2.0
  - Private consumption: -0.1, 0.5, 2.1, 2.1, 2.4, 2.5, 2.5, 2.5, 2.5
  - Public consumption: -0.7, 0.2, 0.9, 0.2, 0.2, 0.2, 0.2, 0.2, 0.2
  - Gross fixed investment: 1.1, 3.4, 0.8, 2.0, 2.5, 3.0, 3.0, 3.0, 2.8
- Net exports 1/: -0.1, 0.1, 0.1, -0.2, -0.1, -0.1, -0.1, 0.0, 0.0
- Gross national saving (percent of GDP): 26.6, 27.6, 26.3, 26.0, 26.0, 26.0, 26.0, 26.1, 26.1
- Gross domestic investment (percent of GDP): 18.9, 19.1, 19.0, 19.1, 19.1, 19.3, 19.4, 19.6, 19.7
- Potential output: 0.6, 0.7, 1.0, 1.0, 1.4, 1.6, 1.5, 1.9, 1.8
- Output gap (percent of potential output): -1.7, -1.2, -1.0, -0.7, -0.5, -0.3, 0.0, 0.0, 0.1

### Labor Market (change in percent) 2/
- Labor force: -0.3, 0.5, 1.1, 0.5, 0.6, 0.7, 0.8, 0.8, 0.8
- Employment: 0.2, 1.0, 1.5, 0.7, 0.8, 0.7, 0.9, 0.8, 0.8
- Harmonized unemployment rate (percent): 7.0, 6.5, 6.2, 6.0, 5.8, 5.8, 5.7, 5.7, 5.7

### Prices and Costs (change in percent)
- GDP deflator: 1.4, 0.8, 1.0, 0.7, 1.8, 2.0, 2.3, 2.4, 2.3
- CPI (year average): 0.8, 0.6, 0.5, 0.7, 1.2, 1.4, 1.8, 2.0, 2.0

### Public Finance (percent of GDP) 3/
- Total revenues: 55.5, 57.4, 53.6, 51.1, 50.0, 49.7, 49.5, 49.4, 49.4
- Total expenditures: 56.5, 56.0, 55.7, 53.5, 51.9, 51.4, 51.0, 50.6, 50.4
- Overall balance: -1.1, 1.5, -2.1, -2.3, -1.9, -1.7, -1.5, -1.2, -1.0
- Primary balance 4/: -0.9, 1.6, -1.4, -1.6, -1.3, -1.4, -1.3, -1.0, -0.8
- Cyclically-adjusted balance (percent of potential GDP): 0.2, 2.4, -1.3, -1.8, -1.5, -1.5, -1.5, -1.2, -1.1
- Structural balance (percent of potential GDP) 5/: -0.9, -1.4, -1.1, -0.9, -0.9, -0.8, -0.7, -0.5, -0.4
- Gross debt: 44.6, 44.6, 45.8, 47.2, 47.5, 47.5, 47.1, 46.3, 45.5

### Money and Interest Rates (percent)
- Domestic credit growth (end of year): 0.6, 0.7, 0.0, ..., ..., ..., ..., ..., ...
- M3 growth (end of year): -1.7, 12.6, 11.9, ..., ..., ..., ..., ..., ...
- Short-term interbank interest rate (3 month): 0.3, 0.3, -0.1, ..., ..., ..., ..., ..., ...
- Government bond yield (10 year): 1.8, 1.3, 0.7, ..., ..., ..., ..., ..., ...

### Balance of Payments (percent of GDP)
- Exports of goods & services: 53.9, 53.4, 53.4, 52.4, 54.2, 55.7, 57.1, 58.3, 59.5
- Imports of goods & services: 47.8, 47.3, 47.1, 46.8, 48.8, 50.4, 51.9, 53.2, 54.6
- Trade balance, goods and services: 6.0, 6.1, 6.3, 5.6, 5.5, 5.3, 5.2, 5.1, 4.9
  - Oil trade balance: -0.1, -0.2, -0.2, -0.3, -0.5, -0.6, -0.8, -0.9, -1.1
- Current account: 7.1, 7.7, 6.9, 6.5, 6.4, 6.2, 6.1, 6.0, 5.8
- International reserves, changes: -0.3, -2.1, -1.2, ..., ..., ..., ..., ..., ...

### Exchange Rate
- Average DKK per US$ rate: 5.6, 5.6, 6.7, ..., ..., ..., ..., ..., ...
- Nominal effective rate (2010=100, ULC based): 98.7, 99.5, 96.5, ..., ..., ..., ..., ..., ...
- Real effective rate (2010=100, ULC based): 99.1, 101.3, 99.6, ..., ..., ..., ..., ..., ...

### Social indicators (Reference year)
- GDP per capita, USD (2013): $59,129
- At-risk-of-poverty rate (2012): 19.0 percent

- Notes:
  - 1/ Contribution to GDP growth.
  - 2/ Based on Eurostat definition.
  - 3/ General government.
  - 4/ Overall balance net of interest.
  - 5/ Cyclically-adjusted balance net of temporary fluctuations in some revenues (e.g., North Sea revenue, pension yield tax revenue) and one-offs.

*Sources: Denmark’s National bank, Eurostat, IMF World Economic Outlook, Statistics Denmark, World Bank WDI, and Fund staff calculations.*

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_Source: https://www.imf.org/-/media/files/news/press-release/tables-pdf-format/engpr16305table.pdf_
