Data at glance of Denmark - average on period

variable 1980-1989 1990-1999 2000-2007 2008-2009 2010-2019 2020 2021 2022 2023 2024
real gdp growth 2.21 2.68 1.42 -1.7 1.4 7.38 1.54 2.5 3.68 2.9
CPI % 5.94 1.9 2.05 1.62 0.9 1.94 8.53 3.35 1.27 1.94
Unemployment rate 6.7 6.64 4.38 5.45 4.78 3.61 2.52 2.77 2.9 2.97
Current account balance/GDP % -2.55 1.79 3.25 5.0 7.15 8.68 11.66 9.84 13.02 12.58
Debt/GDP % - 66.17 41.55 44.59 44.47 40.49 34.08 33.59 27.99 26.56

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

Once the seat of Viking raiders and later a major north European power, Denmark has evolved into a modern, prosperous nation that is part of the general political and economic integration of Europe. It joined NATO in 1949 and the EEC (now the EU) in 1973. The country has opted out of certain elements of the EU's Maastricht Treaty, including the European Economic and Monetary Union and justice and home affairs issues. a 2022 referendum resulted in the removal of Denmark's 30-year opt-out on defense issues, now allowing Denmark to participate fully in the EU's Common Security and Defense Policy.

Environment

Area: 43,094 km2

Climate: temperate; humid and overcast; mild, windy winters and cool summers

Natural resources: petroleum, natural gas, fish, arable land, salt, limestone, chalk, stone, gravel and sand

Ethnic characteristics

Groups: Danish (includes Greenlandic (who are predominantly Inuit) and Faroese) 84.2%, Turkish 1.1%, other 14.7% (largest groups are Polish, Romanian, Syrian, Ukrainian, German, and Iraqi) (2023 est.)note: data represent population by country of origin

Languages: Danish, Faroese, Greenlandic (an Inuit dialect), German (small minority); note - English is the predominant second languagemajor-language sample(s): Verdens Faktabog, den uundværlig kilde til grundlæggende oplysninger. (Danish)The World Factbook, the indispensable source for basic information.

Religions: Evangelical Lutheran (official) 71.4%, Muslim 4.3%, other/none/unspecified (denominations include Roman Catholic, Jehovah's Witness, Serbian Orthodox Christian, Jewish, Baptist, Buddhist, Church of Jesus Christ, Pentecostal, and nondenominational Christian) 24.3% (2024 est.)

Government

Capital: Copenhagen

Government type: parliamentary constitutional monarchy

Executive branch

Chief of state: King FREDERIK X (since 14 January 2024)

Head of government: Prime Minister Mette FREDERIKSEN (since 27 June 2019)cabinet: Council of State appointed by the monarchelection/appointment process: the monarchy is hereditary; following legislative elections, the monarch usually appoints the leader of the majority party or majority coalition as prime minister note: Queen MARGRETHE II abdicated on 14 January 2024, the first Danish monarch to voluntarily abdicate since King ERIC III in 1146

Legislative branch

Description: legislature name: Parliament (Folketinget)legislative structure: unicameralchamber name: The Danish Parliament (Folketinget)number of seats: 179 (all directly elected)electoral system: proportional representationscope of elections: full renewalterm in office: 4 yearsmost recent election date: 11/1/2022parties elected and seats per party: Social Democratic Party (50); Liberal Party (Venstre) (23); Moderates (M) (16); Socialist People's Party (SF) (15); Danish Democrats (Æ) (14); Liberal Alliance (14); Conservative People's Party (10); Unity List-Red-Green Alliance (9); Other (24)percentage of women in chamber: 43.6%expected date of next election: October 2026

Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"