Denmark GDP Growth Rate (2026)
Denmark has a highly developed economy supported by services, pharmaceuticals, manufacturing, shipping, technology, and household consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.0%
Annual real GDP growth
World Rank
#141
Out of 195 countries
Change vs 2025
-0.9 pp
2025: +2.9%
Europe Rank
#17
Out of 43 countries
1. Denmark GDP Growth Rate in 2026
Danish economic growth is influenced by exports, pharmaceutical activity, consumer demand, business investment, and services. Global trade and demand for high-value manufactured products play important roles.
2. Denmark GDP Growth Rate Trends (1980–2026)
Denmark’s growth history reflects strong productivity, global trade, innovation, and a competitive business environment. Manufacturing, shipping, pharmaceuticals, and domestic demand have shaped economic performance.
3. Denmark GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +2.0% | -0.9 pp |
| 2025 | +2.9% | -0.6 pp |
| 2024 | +3.5% | +2.9 pp |
| 2023 | +0.6% | +0.2 pp |
| 2022 | +0.4% | -6.1 pp |
| 2021 | +6.5% | +8.3 pp |
| 2020 | -1.8% | -3.5 pp |
| 2019 | +1.7% | -0.2 pp |
| 2018 | +1.9% | -1.2 pp |
| 2017 | +3.1% | 0.0 pp |
| 2016 | +3.1% | +1.0 pp |
| 2015 | +2.1% | +0.8 pp |
| 2014 | +1.3% | -0.1 pp |
| 2013 | +1.4% | +1.4 pp |
| 2012 | 0.0% | -1.3 pp |
| 2011 | +1.3% | -0.3 pp |
| 2010 | +1.6% | +6.6 pp |
| 2009 | -5.0% | -4.6 pp |
| 2008 | -0.4% | -1.4 pp |
| 2007 | +1.0% | -2.8 pp |
| 2006 | +3.8% | +1.4 pp |
| 2005 | +2.4% | -0.4 pp |
| 2004 | +2.8% | +2.4 pp |
| 2003 | +0.4% | -0.1 pp |
| 2002 | +0.5% | -0.5 pp |
| 2001 | +1.0% | -2.7 pp |
| 2000 | +3.7% | +0.7 pp |
| 1999 | +3.0% | +0.7 pp |
| 1998 | +2.3% | -0.9 pp |
| 1997 | +3.2% | +0.3 pp |
| 1996 | +2.9% | -0.1 pp |
| 1995 | +3.0% | -2.3 pp |
| 1994 | +5.3% | +5.4 pp |
| 1993 | -0.1% | -2.1 pp |
| 1992 | +2.0% | +0.5 pp |
| 1991 | +1.5% | -0.2 pp |
| 1990 | +1.7% | +1.0 pp |
| 1989 | +0.7% | +0.4 pp |
| 1988 | +0.3% | -0.2 pp |
| 1987 | +0.5% | -4.2 pp |
| 1986 | +4.7% | +0.5 pp |
| 1985 | +4.2% | -0.1 pp |
| 1984 | +4.3% | +1.7 pp |
| 1983 | +2.6% | -1.3 pp |
| 1982 | +3.9% | +4.6 pp |
| 1981 | -0.7% | 0.0 pp |
| 1980 | -0.7% | — |
4. Denmark GDP Growth Performance
Current Growth Rate
+2.0%
(2026 to 2026)
5-Year Average
+1.9%
(2022 to 2026)
10-Year Average
+2.1%
(2017 to 2026)
20-Year Average
+1.4%
(2007 to 2026)
Denmark benefits from high-value exports, strong institutions, and globally competitive companies. Pharmaceutical production can have a particularly noticeable effect on overall economic performance.
5. Denmark GDP Growth Rate vs Europe and World
Denmark
+2.0%
Europe Average
+1.9%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Denmark’s GDP growth rate is approximately
0.1 pp
above the
Europe average
and
0.8 pp
below the world average.
6. Denmark GDP Growth Rate Ranking in Europe
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #13 | Latvia | +2.2% |
| #14 | Bosnia and Herzegovina | +2.2% |
| #15 | Andorra | +2.1% |
| #16 | Spain | +2.1% |
| #17 | Denmark | +2.0% |
| #18 | Slovenia | +2.0% |
| #19 | Ukraine | +2.0% |
| #20 | Sweden | +2.0% |
| #21 | Portugal | +1.9% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Denmark
Denmark GDP (Nominal)
$503.8 Billion
(2026)
Denmark GDP Growth Rate
+2.0%
(2026)
Denmark generally performs well among advanced European economies, supported by high productivity and specialized industries. Its mature economic structure, however, means growth is usually moderate outside periods of strong export expansion.
Explore more:
Denmark GDP
9. Denmark GDP Growth Rate Forecast
The outlook depends on exports, household demand, investment, pharmaceuticals, and European economic conditions. Global trade weakness and slower external demand remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +1.6% | -0.4 pp |
| 2028 | +1.6% | 0.0 pp |
| 2029 | +1.5% | -0.1 pp |
| 2030 | +1.5% | 0.0 pp |
10. Denmark GDP Growth Rate: Key Findings
Denmark GDP growth rate is estimated at +2.0% in 2026.
It ranks #141 globally and #17 in Europe by annual GDP growth rate.
The growth rate slowed by 0.9 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.9%.
The 10-year average GDP growth rate is +2.1%.
The current rate is 0.1 percentage points above the Europe average.
The current rate is 0.8 percentage points below the world average.
The forecast GDP growth rate is +1.5% in 2030, 0.5 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Denmark GDP Growth Rate FAQs
Denmark GDP growth rate is estimated at +2.0% in 2026.
Denmark ranks #141 globally and #17 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.0% in 2026.
Denmark GDP growth rate was +2.1% in 2015.
Denmark GDP growth rate is 0.1 percentage points above the Europe average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.