Country profile
Denmark
An EU exporter of pharmaceuticals, wind turbines, machinery and medical technology, with mostly wind-powered electricity.
Updated 11 November 2026. Sources at the bottom of the page.
- Capital
- Copenhagen
- Population
- 6.04 million (2026)
- Currency
- Danish krone (DKK)
- GDP, 2026
- US$499 billion
- Exports, 2025
- US$148.5 billion
- Exchange rate
- 1 USD = 6.72 DKK (11 Nov 2026)
Economy
IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.
3.7%Real GDP growth, 2026
2%Real GDP growth, 2027
1.8%Inflation, 2026
3%Unemployment, 2026
26.4% of GDPGovernment debt, 2026
11.2% of GDPCurrent account, 2026
Compare Denmark with other countries →
Trade
Top export markets
Share of the country’s exports, 2025
- Germany (12.9%)
- Sweden (7.9%)
- United States (5.5%)
- Netherlands (5.4%)
- Norway (5.3%)
Main exports
Product groups, share of exports
- Pharmaceuticals (16.7%)
- Machinery, including wind turbines (12.8%)
- Electrical machinery and equipment (7%)
- Mineral fuels (4.7%)
- Optical, technical and medical apparatus (3.5%)
Main trade agreements
- EU single market
- EU agreements including CETA (Canada), EU–Japan, EU–Korea, EU–Mexico and EU–Vietnam
- EU–UK Trade and Cooperation Agreement
Trade policy to watch
- EU Carbon Border Adjustment Mechanism (CBAM): in its definitive phase since 1 January 2026 for imports into the EU of iron and steel, aluminium, cement, fertilisers, electricity and hydrogen.
- EU trade policy: no tariffs inside the EU; trade with non-EU countries is set at EU level.
- Currency: Denmark is in the EU but uses the krone, which is pegged closely to the euro.
Energy
Wind produces more than half of Denmark's electricity, with solar and biomass making up much of the rest. Denmark produces some oil and gas in the North Sea.
What it means for your supply chain
- Denmark is a key source of pharmaceuticals, wind turbines, hearing aids, pumps and food ingredients.
- Low-carbon power helps Danish suppliers report lower product emissions.
- The krone peg keeps currency risk close to that of the euro.
Sources
- IMF, World Economic Outlook, October 2026: GDP, growth, inflation, unemployment, government debt, current account (2026 and 2027 are projections; updated automatically).
- IMF, World Economic Outlook database: population (2026 estimate).
- Trading Economics, based on UN Comtrade data: export markets and main exports; shares calculated from the listed values.
- European Central Bank, euro foreign exchange reference rates (cross rate via USD; updated daily).
- Energy Institute, Statistical Review of World Energy 2026: energy profile.
- European Commission, Carbon Border Adjustment Mechanism.
Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.