Denmark, a paragon of stability and innovation, presents robust B2B opportunities. This briefing distills key economic figures essential for strategic market entry and expansion.
Welcome to Denmark: Business Numbers You Should Know
01
Section
The Big Picture
- Population (2024 est.): 5.9 million
- GDP (2023 est.): $400 billion USD
- GDP Per Capita (2023 est.): $68,000 USD
- Economic Growth (2023): 1.9%
- Inflation Rate (2023): 3.4%
- Unemployment Rate (2023): 2.6%
- Currency: Danish Krone (DKK)
02
Section
Trade & Exports
- Key Export Categories: Machinery & equipment, pharmaceuticals, wind turbines, meat products, dairy, and furniture
- Major Export Partners: Germany, Sweden, United States, United Kingdom, Norway
- Total Exports (2023): $150 billion USD
- Total Imports (2023): $140 billion USD
- Trade Balance (2023): $10 billion USD surplus
- Primary Transport Hubs: Port of Copenhagen, Port of Aarhus, Copenhagen Airport (CPH)
03
Section
Business Climate
- Corporate Tax Rate: 22%
- Ease of Doing Business Rank (World Bank, 2020): 4th globally (Note: World Bank discontinued this specific index, but Denmark consistently ranked high)
- Corruption Perception Index (2023): 1st globally (least corrupt)
- Main Industries: Pharma & Biotech, Renewable Energy, Maritime, IT & Tech, Food & Agriculture
- Foreign Direct Investment (FDI) Inflow (2023): $15 billion USD
- Innovation Index (Global Innovation Index 2023): 9th globally
04
Section
Copenhagen Specifics
- Copenhagen Population (Metro Area): Approximately 1.3 million
- Key Sectors in Copenhagen: Life Sciences, Green Tech, MarTech, FinTech, ICT
- Copenhagen Airport (CPH) Passenger Throughput (2023): 26.8 million
- Port of Copenhagen (CMP) Container Throughput (2023): Equivalent to 1.1 million TEUs (part of Copenhagen Malmö Port)
- Regional GDP Contribution (Capital Region of Denmark): Accounts for over 40% of national GDP
- Startup Ecosystem: Highly vibrant, particularly in sustainable tech and biotech, attracting significant venture capital
- Infrastructure: World-class digital infrastructure and public transportation, facilitating efficient business operations