Denmark: Difference between revisions
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{{See also|Scandinavia}} | {{See also|Scandinavia}} | ||
{{See also|Scandinavia and the social state}} | |||
==Economical characteristics== | ==Economical characteristics== | ||
Revision as of 22:58, 14 October 2010
Once the seat of Viking raiders and later a major north European power, Denmark has evolved into a modern, prosperous nation that is participating in the general political and economic integration of Europe. It joined NATO in 1949 and the EEC (now the EU) in 1973. However, the country has opted out of certain elements of the European Union's Maastricht Treaty, including the European Economic and Monetary Union (EMU), European defense cooperation, and issues concerning certain justice and home affairs.[1]
Economical characteristics
- Currency: Danish krone (ISO code: DKK)
- Central bank discount rate: 1.2% (31 December 2009)[1]
- Commercial banks lending rate: NA%[1]
- Stock of money (M1): $155.6 billion (31 December 2009)[1]
- Quasi money (with M1 makes M2): $95.82 billion (31 December 2008)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[2] | 173 945 | 160 083 | 160 476 | 173 881 | 212 622 | 244 726 | 257 672 | 273 857 | 310 046 | 341 255 |
| Govt. debt (% of GDP)[3] | 50.081 | 48.106 | 48.282 | 46.930 | 42.868 | 35.187 | 29.142 | 24.066 | ||
| Govt. revenue (% of GDP)[4] | 39.869 | 36.498 | 35.363 | 34.641 | 34.633 | 36.247 | 37.565 | 36.243 | 40.583 | |
| Govt. expenses (% of GDP)[5] | 37.336 | 35.321 | 35.112 | 34.987 | 35.540 | 34.917 | 33.234 | 32.382 | 36.491 | |
| Debt to revenue (years) | 1.372 | 1.360 | 1.394 | 1.355 | 1.183 | 0.937 | 0.804 | 0.593 |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 Cite error: Invalid
<ref>tag; no text was provided for refs namedCIA_DK - ↑ World Bank. "Denmark: GDP", from World Bank Data. Referenced 2010-09-29.
- ↑ World Bank. "Denmark: government debt", from World Bank Data. Referenced 2010-09-29.
- ↑ World Bank. "Denmark: government revenue", from World Bank Data. Referenced 2010-09-29.
- ↑ World Bank. "Denmark: government expenses", from World Bank Data. Referenced 2010-09-29.
External links
- Denmark on Wikipedia
- Central bank of Denmark
- BBC country profile