Real Effective Exchange Rate (Unit labour costs - 24 trading partners, 1999=100) in Denmark

Real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a reached 117 Index, 1999=100 in 2011 in Denmark, according to the National Statistical Office. This is 1.41 % less than in the previous year.

Historically, real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a in Denmark reached an all time high of 124 Index, 1999=100 in 2009 and an all time low of 84.8 Index, 1999=100 in 1970. When compared to Denmark's main peers, real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a in Germany amounted to 90.9 Index, 1999=100, 112 Index, 1999=100 in Netherlands, 149 Index, 1999=100 in Norway and 103 Index, 1999=100 in Sweden in 2011.

Denmark has been ranked 8th within the group of 20 countries we follow in terms of real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a, 1 places above the position seen 10 years ago.

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