Denmark's Economic Profile: GDP, Size, and World Ranking
Key Economic Indicators
As of January 1, 2023, Denmark has a population of approximately 5,932,654.
According to the World Bank and OECD, Denmark boasts the 38th largest national economy globally, measured by nominal gross domestic product (GDP).
GDP Growth and Trends
In 2022, Denmark's GDP stood at $400.17 billion, a 1.36% decrease from 2021.
In 2021, GDP reached $405.69 billion, marking a 14.35% increase compared to 2020.
The year-on-year change in GDP in the first quarter of 2023 was 1.435%, lower than the 4.9% recorded in the fourth quarter of 2022.
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