Denmark Country Profile
Map of Denmark
Key facts (Source CIA World Factbook)
Population: 5.5 million
Language: Danish, Faroese, Greenlandic. English is the predominant 2nd language
Head of State: Queen MARGRETHE II
Head of Government: Prime Minister Lars Lokke RASMUSSEN (since 5 April 2009)
Local currency: Kroner (DKK)
Capital City: Copenhagen
GDP per capita: US$37,200 (2008 est.)
GDP composition by sector: agriculture: 1.3%, industry: 26.1%, services: 72.6% (2008 est.)
Export partners: Germany 18%, Sweden 14.5%, UK 8.2%, Norway 5.7%, US 5.3%, France 4.8%, Netherlands 4.6% (2008)
Exports: machinery and instruments, meat and meat products, dairy products, fish, pharmaceuticals, furniture, windmills
Import partners: Germany 20.9%, Sweden 14%, Netherlands 6.7%, Norway 6.3%, China 5.7%, UK 5.1% (2008)
Imports: machinery and equipment, raw materials and semimanufactures for industry, chemicals, grain and foodstuffs, consumer goods
Principal commercial centres and towns
|
Commercial Centres & Towns Population January 2008 |
|
|
Centre |
Population |
| Greater Copenhagen | 1,153,615 |
| Aarhus | 237,557 |
| Odense | 158,163 |
| Aalborg | 121,818 |
| Esbjerg | 70,880 |
|
Forecasts for Denmark |
2008 |
2009 |
2010 |
2011 |
|
| GDP growth (%, yoy) |
-1.2 |
-4.5 |
1.5 |
1.8 |
|
| Inflation (%, yoy) |
3.6 |
1.1 |
1.5 |
1.8 |
|
| Unemployment (%) |
3.3 |
4.5 |
5.8 |
5.6 |
|
| Public budget balance (% of GDP) |
3.4 |
-2.0 |
-4.8 |
-3.4 |
|
| Current account balance (% of GDP) |
2.2 |
1.9 |
2.2 |
2.9 |
|
|
3 November 2009 |
|||||
 Copenhagen |
|||||
Opportunities for Business
Denmark is an affluent market with a strong trading relationship with the UK. It is an ideal market for companies who are new to exporting. UKTI has highlighted the following sectors as having particular opportunities for UK exporters:
- Aid-funded business
- Creative & Media
- Education & Skills
- Financial & Legal Services
- ICT
- Lifesciences (Biotechnology, Pharmaceutical and Healthcare)
- Mass Transport (Rail, Airports, Ports)
- Giftware, Jewellery & Tableware
- Chemicals
- Food & Drink
Useful links
Copenhagen Post News from Denmark in English
Denmark.dk Denmark Overview
Guide to the Danish labour market
Visit Denmark Official Website promoting tourism in Denmark
