Inflation rate in Denmark 2024

In 2018, the inflation rate in Denmark amounted to 0.71 percent compared to the previous year. Forecasts see it rising to around two percent, the rate of inflation considered stable by economists.

Denmark’s economy in short

Denmark is a market economy with a consistent trade surplus, with most of its workforce employed in the services sector. It relies on foreign trade and exports mostly chemicals, agricultural products, and machinery. Denmark is not part of the euro area and thus has kept its currency, the Danish krone. Nevertheless, it was hit by the recession of 2008 and 2009, but has recovered quite well.

Everything’s stable in the state of Denmark

Despite a slump during the economic crisis around 2008 and 2009, Denmark’s economy is considered to be thriving. Key economic indicators all point to a bright future: Unemployment has been decreasing for the last few years, GDP growth has been steady, and additionally, Denmark scored quite high on the Human Development Index (HDI) – a sure sign that economy and living conditions in the country are stable.

Denmark: Inflation rate from 1984 to 2024

Zoomable Statistic: Select the range in the chart you want to zoom in on.
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

October 2019

Region

Denmark

Survey time period

1984 to 2018

Supplementary notes

* Estimate.

Figures have been rounded.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Denmark"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.