Denmark 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$355.63 billion
↑ 2.96% vs 2019GDP per Capita
$60,985.49
↑ 2.66% vs 2019GDP Growth (Annual %)
-1.78%
↓ 3.49pp vs 2019Inflation Rate (CPI %)
0.42%
↓ 0.34pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $345.40 billion | $355.63 billion | +2.96% |
| GDP per Capita | $59,404.27 | $60,985.49 | +2.66% |
| GDP Growth (Annual %) | 1.71% | -1.78% | -3.49pp |
| Inflation (CPI %) | 0.76% | 0.42% | -0.34pp |
| Unemployment Rate (%) | 5.02% | 5.64% | +0.62pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $355.63 billion
- GDP per Capita
- $60,985.49
- GDP Growth (Annual %)
- -1.78%
- Gross National Income
- $367.14 billion
Prices & Employment
- Inflation (CPI %)
- 0.42%
- Inflation (GDP Deflator %)
- 2.83%
- Unemployment Rate (%)
- 5.64%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 7.23%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Denmark's Gross Domestic Product (GDP) is $355.63 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Denmark for 2020 is $60,985.49. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Denmark for 2020 is 0.42%. This measures the annual percentage change in the cost of consumer goods and services.
Denmark's annual GDP growth rate for 2020 is -1.78%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Denmark for 2020 is 5.64%. This represents the percentage of the labor force that is unemployed and actively seeking employment.