Denmark GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$71,026.48

Source: world bank Nominal/PPP
Summary:

Denmark GDP Per Capita expanded from 1960 to 2024, increasing from $1,389.02 to $71,026.48 .The compound annual growth rate (CAGR) averaged 6.34% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 17.83%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.

Latest GDP Per Capita of Denmark 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 71,026.48 dollars$ 81,878.23 Int dollars
Growth (YoY)4.384%5.117%
Net Change vs Previous Year$ 2,982.94 dollars$ 3,985.94 Int dollars
% of World GDP Per Capita64.00%41.00%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Denmark GDP | Denmark GDP Growth

Denmark Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19601389.02-----
19611530.54141.5210.188 %---
19621711.22180.6811.805 %---
19631807.2596.035.612 %---
19642049.4242.1413.398 %---
19652284.23234.8311.459 %---
19662487.14202.918.883 %---
19672700.75213.618.589 %---
19682776.1475.392.791 %---
19693151.1337513.508 %---
19703464.46313.329.943 %---
19713845.6381.1411.002 %---
19724653.96808.3621.02 %---
19736116.891462.9431.434 %---
19746763.87646.9710.577 %---
19757988.161224.2918.1 %---
19768773.34785.189.829 %---
19779769.58996.2411.355 %---
197811817.632048.0520.964 %---
197913757.231939.6116.413 %---
198013822.1664.920.472 %---
198112000.21-1821.95-13.181 %---
198211740.22-259.99-2.167 %---
198311796.5756.350.48 %---
198411516.68-279.89-2.373 %---
198512212.79696.116.044 %---
198617136.634923.8440.317 %---
198721295.684159.0524.27 %---
198822524.581228.95.771 %---
198921882.15-642.43-2.852 %---
199026885.75003.5522.866 %18225.48--
199127002.81117.110.436 %19067.03841.554.617 %
199229579.492576.699.542 %19830.34763.314.003 %
199327581.72-1997.77-6.754 %20216.9386.561.949 %
199429967.832386.118.651 %21668.551451.657.18 %
199535321.15353.2717.863 %22676.521007.984.652 %
199635621.99300.890.852 %23722.781046.264.614 %
199732779.88-2842.11-7.979 %24887.071164.294.908 %
199833346.49566.611.729 %25798.83911.763.664 %
199933426.2479.750.239 %26642.22843.393.269 %
200030722.03-2704.21-8.09 %28647.832005.617.528 %
200130768.4846.450.151 %29458.99811.162.831 %
200233257.162488.688.088 %30666.61207.614.099 %
200340519.17261.9421.836 %30864.11197.520.644 %
200446625.056105.9515.069 %33015.552151.446.971 %
200548925.812300.764.935 %34238.321222.773.704 %
200652119.183193.376.527 %37392.3231549.212 %
200758631.666512.4812.495 %39110.11717.774.594 %
200864616.675985.0110.208 %41467.392357.296.027 %
200958412.75-6203.92-9.601 %40524.31-943.07-2.274 %
201058104.54-308.2-0.528 %43037.62513.296.202 %
201161809.743705.196.377 %44443.721406.123.267 %
201258443.77-3365.96-5.446 %44755.16311.450.701 %
201361377.592933.825.02 %46869.192114.034.724 %
201462520.451142.861.862 %47879.61010.42.156 %
201553094.01-9426.44-15.077 %48897.211017.612.125 %
201654500.931406.912.65 %51820.952923.745.979 %
201757521.553020.635.542 %55271.63450.656.659 %
201861324.773803.226.612 %57233.621962.033.55 %
201959404.27-1920.5-3.132 %60594.973361.345.873 %
202060985.491581.222.662 %62682.292087.323.445 %
202169340.738355.2413.7 %69715.187032.8911.22 %
202267781.09-1559.64-2.249 %78913.659198.4713.194 %
202368043.55262.450.387 %77892.29-1021.36-1.294 %
202471026.482982.944.384 %81878.233985.945.117 %

Denmark Economic Phases (1960 - 2024)

From 1960 to 2024, Denmark economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1967) indicating robust economic expansion
  • High Growth (1969–1979) indicating robust economic expansion
  • High Growth (1985–1988) indicating robust economic expansion
  • High Growth (1994–1995) indicating robust economic expansion
  • Expansion (1998–1999) indicating steady moderate growth
  • High Growth (2002–2004) indicating robust economic expansion
  • High Growth (2006–2008) indicating robust economic expansion
  • Contraction (2009–2010) indicating temporary slowdown
  • High Growth (2017–2018) indicating robust economic expansion
  • Expansion (2023–2024) indicating steady moderate growth

The most remarkable growth occurred in 1986 with an increase of 40.317%, while the largest decline was in 2015 at -15.077%.