Denmark in bullets
Denmark brief outlined
- Name, Kingdom of Denmark
- Government, constitutional monarchy – unitary parliamentary
- Legislature, Folketing www.thedanishparliament.dk
- Official language, Danish
- Capital (and largest city), Copenhagen
- Population, app. 5.9m
- Area, app. 43,000 km2
- Member of EU (EEC: 1972), participate in single market, custom union and Schengen.
- Currency, Danske kroner (DKK). Denmark comply with the euro convergence criteria but opted not to implement third phase of ERM. Since 1982 fixed currency policy has been a cornerstone in Danish monetary policy. Central exchange rate to EUR 7.43 + -2,25%.
- Economy size, 40th largest national economy in the world measured by nominal GDP and 53rd measured by purchasing power parity.
- Public debt (2022), 31,7% of GDP
- Credit rate, AAA at Moody, Standard & Poor´s and Fitch.
- Unemployment rate, 2,7% (October, 2022)
- Trade, 70% of all trade is within EU.
- GDP per capita by country (2022), 10th place. – https://en.wikipedia.org
- Gini-index Denmark – 50.01 t euro(December 2021); avg.EU-28: 30% – www.tradingeconomics.com. Denmark has one of the world’s lowest levels of income inequality
- Denmark ranks
- 1st on ease of doing business in Europe, and nr.4 in the world for ease of doing business (World Bank Group 2020) – www.worldbank.org
- 1st on Transparency Internationals list of least corrupted countries (December, 2021)
- 2nd on the list of the happiest countries in the world (World happiness report 2022)
- Driving, right side of the road