Foreign Trade (As % of GDP) rose to 102% in Denmark in 2017

Foreign Trade (As % of GDP) (%)
Economy | Denmark | May 17, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 102 % in 2017 in Denmark, according to the National Statistical Office. This is 1.53 % more than in the previous year.

Historically, foreign trade as a share of GDP in Denmark reached an all time high of 105 % in 2008 and an all time low of 53.2 % in 1972. When compared to Denmark's main peers, foreign trade as a share of GDP in Germany amounted to 86.5 %, 155 % in Netherlands, 69.3 % in Norway and 87.0 % in Sweden in 2017.

Denmark has been ranked 50th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 8 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Austria % 105% 105% 104% 104% 102%
Belgium % 163% 164% 162% 165% 160%
Denmark % 101% 103% 103% 102% 104%
Finland % 79.2% 80.4% 78.5% 75.4% 73.2%
France % 58.8% 59.7% 59.8% 60.5% 61.8%
Germany % 84.7% 85.9% 84.8% 84.4% 85.7%
Iceland % 102% 104% 99.3% 97.0% 96.7%
Netherlands % 142% 149% 150% 150% 158%
Norway % 69.6% 68.1% 67.5% 68.6% 69.8%
Poland % 87.1% 89.3% 90.7% 93.7% 96.0%
Russia % 47.9% 47.1% 46.2% 47.7% 49.3%
Sweden % 88.6% 87.6% 83.0% 85.7% 86.2%
United Kingdom % 62.0% 61.1% 61.1% 58.0% 56.2%