Denmark

Country Summary

2023 population pyramid

Introduction

Background

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 political and economic integration of Europe.

Geography

Area

total: 43,094 sq km
land: 42,434 sq km
water: 660 sq km

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

People and Society

Population

total: 5,973,136
male: 2,975,261
female: 2,997,875 (2024 est.)

Ethnic 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.)

Languages

Danish, Faroese, Greenlandic (an Inuit dialect), German (small minority); note - English is the predominant second language

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.)

Population growth rate

0.44% (2024 est.)

Government

Government type

parliamentary constitutional monarchy

Capital

name: Copenhagen

Executive branch

chief of state: King FREDERIK X (since 14 January 2024) 
head of government: Prime Minister Mette FREDERIKSEN (since 27 June 2019)

Legislative branch

description: unicameral People's Assembly or Folketing (179 seats, including 2 each representing Greenland and the Faroe Islands; members directly elected in multi-seat constituencies by party-list proportional representation vote; members serve 4-year terms unless the Folketing is dissolved earlier)

Economy

Economic overview

high-income, EU member, trade-oriented Nordic economy; growth driven by pharmaceuticals, energy and services; large share of employment in public sector; fixed exchange rate pegged to euro; strong fiscal position; tight labor market addressed by migrant workers and higher average retirement age


Real GDP (purchasing power parity)

$353.799 billion (2022 est.)
$344.393 billion (2021 est.)
$322.331 billion (2020 est.)

Real GDP per capita

$59,900 (2022 est.)
$58,800 (2021 est.)
$55,300 (2020 est.)

Agricultural products

milk, wheat, barley, potatoes, sugar beets, pork, rapeseed, rye, oats, chicken (2022)

Industries

wind turbines, pharmaceuticals, medical equipment, shipbuilding and refurbishment, iron, steel, nonferrous metals, chemicals, food processing, machinery and transportation equipment, textiles and clothing, electronics, construction, furniture and other wood products

Exports

$279.939 billion (2022 est.)
$237.861 billion (2021 est.)
$195.876 billion (2020 est.)

Exports - partners

Germany 15%, US 11%, Sweden 10%, Netherlands 6%, Norway 5% (2022)

Exports - commodities

packaged medicine, garments, fish, electricity, refined petroleum (2022)

Imports

$235.68 billion (2022 est.)
$210.716 billion (2021 est.)
$172.954 billion (2020 est.)

Imports - partners

Germany 20%, Sweden 12%, China 9%, Netherlands 8%, Norway 5% (2022)

Imports - commodities

garments, cars, refined petroleum, electricity, packaged medicine (2022)

Exchange rates

Danish kroner (DKK) per US dollar -
Exchange rates:
7.076 (2022 est.)
6.287 (2021 est.)
6.542 (2020 est.)
6.669 (2019 est.)
6.315 (2018 est.)


Page last updated: Monday, July 08, 2024