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Denmark GDP

Denmark's GDP rose to $429.46 billion in 2024, up from $407.09 billion in 2023, according to World Bank. This represents an increase of 5.5% ($22.37 billion) from the previous year and accounts for 0.39% of the world's total GDP. Denmark has GDP higher than the global median ($429.46 billion vs median $35.85 billion). Compared with the median in Europe, Denmark is higher ($429.46 billion vs regional median $126.99 billion) and ranks 16th out of 48 countries in Europe.

Denmark's GDP per capita rose to $63,229.95 in 2024, up from $61,295.98 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 429.46
2023 407.09
2022 401.95
2021 408.38
2020 355.63
2019 345.4
2018 355.29
2017 331.61
2016 312.18
2015 301.76
2014 352.83
2013 344.63
2012 326.79
2011 344.32
2010 322.35
2009 322.62
2008 354.98
2007 320.21
2006 283.39
2005 265.15
2004 251.99
2003 218.42
2002 178.79
2001 164.88
2000 164.04
1999 177.89
1998 176.88
1997 173.24
1996 187.48
1995 184.85
1994 156.02
1993 143.11
1992 152.97
1991 139.18
1990 138.22
1989 112.31
1988 115.54
1987 109.18
1986 87.75
1985 62.45
1984 58.87
1983 60.33
1982 60.08
1981 61.46
1980 70.81
1979 70.39
1978 60.32
1977 49.71
1976 44.5
1975 40.42
1974 34.13
1973 30.72
1972 23.23
1971 19.09
1970 17.08
1969 15.41
1968 13.51
1967 13.06
1966 11.93
1965 10.87
1964 9.68
1963 8.47
1962 7.95
1961 7.06
1960 6.36
Denmark GDP : Definition
GDP measures the total value of all goods and services produced in Denmark, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 3.68% 2.5% 2024
GDP Growth Rate (QoQ) 1% -1.3% Jun'25
GDP Growth Rate (YoY) 1.6% 2.5% Jun'25
GDP per Capita $63,229.95 $61,295.98 2024
GDP per Capita PPP $73,709 $71,454.52 2024
R&D Expenditure (% GDP) 2.89% 2.76% 2022
Real GDP $377.92B $364.52B 2024