Real Effective Exchange Rate (Unit labour costs - 15 trading partners, 1999=100) in Denmark

Real effective exchange rate (unit labour costs - 15 trading partners, 1999=100) a reached 115 Index, 1999=100 in 2011 in Denmark, according to the National Statistical Office. This is 1.72 % less than in the previous year.

Historically, real effective exchange rate (unit labour costs - 15 trading partners, 1999=100) a in Denmark reached an all time high of 120 Index, 1999=100 in 2009 and an all time low of 87.9 Index, 1999=100 in 1972. When compared to Denmark's main peers, real effective exchange rate (unit labour costs - 15 trading partners, 1999=100) a in Germany amounted to 86.7 Index, 1999=100, 110 Index, 1999=100 in Netherlands, 146 Index, 1999=100 in Norway and 101 Index, 1999=100 in Sweden in 2011.

Denmark has been ranked 6th within the group of 20 countries we follow in terms of real effective exchange rate (unit labour costs - 15 trading partners, 1999=100) a, 6 places above the position seen 10 years ago.

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