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Average Salary - Denmark DENMARK / SALARY


SALARY SURVEYS

1,374

UPDATED
December 2023
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

6.71 DKK = 1 USD

596,936 DKK

$89,026 USD
Copenhagen

614,316 DKK

482,773 DKK

$72,000 USD
Including "Copenhagen"
Excluding "Copenhagen"

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Average Salary / Denmark

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Average salary in Denmark is 596,936 DKK per year. The most typical earning is 482,773 DKK. All data are based on 1,374 salary surveys. Salaries are different between men and women. Men receive an average salary of 628,946 DKK. Women receive a salary of 504,230 DKK.

The most paid careers are Engineers & Technicians III with average income 805,963 DKK and Insurance with income 775,790 DKK.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 672,530 DKK. The second most paid education level is Masters Degree with salary of 618,889 DKK.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 827,420 DKK. Employees with 16-20 Years of experience receive 796,576 DKK.

Levels / Denmark (Gross DKK)

Salary Levels (DKK) per Year Surveys [%]
67,100 DKK - 100,599 DKK
0 n/a
100,600 DKK - 134,099 DKK
9 100%
0.66%
134,100 DKK - 167,599 DKK
14 99.34%
1.02%
167,600 DKK - 201,099 DKK
13 98.33%
0.95%
201,200 DKK - 234,699 DKK
15 97.38%
1.09%
234,700 DKK - 268,199 DKK
31 96.29%
2.26%
268,200 DKK - 301,699 DKK
37 94.03%
2.69%
301,700 DKK - 335,299 DKK
63 91.34%
4.59%
335,300 DKK - 368,799 DKK
64 86.75%
4.66%
368,800 DKK - 402,299 DKK
58 82.1%
4.22%
402,300 DKK - 435,799 DKK
75 77.87%
5.46%
435,800 DKK - 469,399 DKK
99 72.42%
7.21%
THE MOST TYPICAL SALARY
469,400 DKK - 502,899 DKK
103 65.21%
7.5%
502,900 DKK - 536,399 DKK
87 57.71%
6.33%
536,400 DKK - 569,899 DKK
83 51.38%
6.04%
569,900 DKK - 603,499 DKK
94 45.34%
6.84%
603,500 DKK - 636,999 DKK
68 38.5%
4.95%
637,000 DKK - 670,499 DKK
53 33.55%
3.86%
670,500 DKK - 703,999 DKK
42 29.69%
3.06%
704,000 DKK - 737,599 DKK
76 26.64%
5.53%
737,600 DKK - 771,099 DKK
28 21.11%
2.04%
771,100 DKK - 804,599 DKK
29 19.07%
2.11%
804,600 DKK - 838,099 DKK
29 16.96%
2.11%
838,100 DKK - 871,699 DKK
28 14.85%
2.04%
871,700 DKK - 905,199 DKK
20 12.81%
1.46%
905,200 DKK - 938,699 DKK
12 11.35%
0.87%
938,700 DKK - 972,199 DKK
12 10.48%
0.87%
972,300 DKK - 1,005,799 DKK
24 9.61%
1.75%
HIGH SALARIES
1,005,800 DKK - 1,072,799 DKK
17 7.86%
1.24%
1,072,800 DKK - 1,139,899 DKK
19 6.62%
1.38%
1,139,900 DKK - 1,206,899 DKK
13 5.24%
0.95%
1,206,900 DKK - 1,273,999 DKK
22 4.29%
1.6%
1,274,000 DKK - 1,340,999 DKK
12 2.69%
0.87%
1,341,000 DKK - 1,408,099 DKK
0 n/a
1,408,100 DKK - 1,475,099 DKK
6 1.82%
0.44%
1,475,100 DKK - 1,542,199 DKK
3 1.38%
0.22%
1,542,200 DKK - 1,609,199 DKK
6 1.16%
0.44%
1,609,200 DKK - 1,676,299 DKK
1 0.73%
0.07%
1,676,300 DKK - 2,346,799 DKK
9 0.66%
0.66%
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Gender / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Men 974 628,946 DKK
2 Women 345 504,230 DKK

Education / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 124 672,530 DKK
2 Masters Degree 657 618,889 DKK
3 Bachelors Degree 463 574,634 DKK
4 Some College 78 512,947 DKK
5 High School 48 476,068 DKK
6 Bellow H. School 4 303,745 DKK

Experience / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 20+ Years 112 827,420 DKK
2 16-20 Years 100 796,576 DKK
3 12-16 Years 157 748,969 DKK
4 8-12 Years 292 651,073 DKK
5 4-8 Years 299 553,178 DKK
6 2-4 Years 183 458,634 DKK
7 0-1 Year 102 398,288 DKK
8 1-2 Years 129 389,571 DKK

Age / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 46-50 68 901,177 DKK
2 51-55 32 823,397 DKK
3 66-70 2 807,975 DKK
4 41-45 118 775,790 DKK
5 71-75 1 714,773 DKK
6 61-65 8 707,397 DKK
7 36-40 234 681,917 DKK
8 56-60 18 614,195 DKK
9 n/a 55 610,172 DKK
10 31-35 339 600,114 DKK
11 26-30 353 479,421 DKK
12 21-25 139 386,889 DKK
13 14-20 7 343,305 DKK

Work Type / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 31 692,646 DKK
2 Permanent 1,148 625,594 DKK
3 Contract 139 448,577 DKK
4 Part Time 56 327,213 DKK

Cities / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Gentofte 10 638,334 DKK
2 Esbjerg 39 616,877 DKK
3 Copenhagen 962 614,195 DKK
4 Frederiksberg 11 586,704 DKK
5 Odense 57 584,022 DKK
6 Aarhus 158 546,472 DKK
7 --Other-- 76 537,756 DKK
8 Aalborg 61 520,322 DKK

Career Groups / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Engineers & Technicians III 14 805,963 DKK
2 Insurance 5 775,790 DKK
3 Management & Business 215 758,356 DKK
4 Geography & Geodesy 1 732,206 DKK
5 Security & Fireguard 5 716,784 DKK
6 Military 5 714,102 DKK
7 Health Care & Medical 9 710,750 DKK
8 Finance & Banking 84 689,964 DKK
9 Health Care & Medical II 14 655,097 DKK
10 Law 20 654,426 DKK
11 Engineers & Technicians V 17 631,628 DKK
12 Arts, Culture, Performance 5 630,287 DKK
13 Manufacturing & Labor Workers 13 616,206 DKK
14 IT & Programming II 96 594,750 DKK
15 Accounting & Administration 40 587,374 DKK
16 IT & Programming 233 586,704 DKK
17 Public Sector 9 577,987 DKK
18 Engineers & Technicians 164 575,975 DKK
19 Logistics, Road, Railway 22 569,941 DKK
20 Aviation & Shipping 15 560,553 DKK
21 Human Resources 32 556,530 DKK
22 Marketing, Sales, Purchase 133 533,062 DKK
23 Engineers & Technicians IV 18 530,380 DKK
24 Sports & Recreation 2 509,594 DKK
25 Engineers & Technicians II 10 505,571 DKK
26 Architect Constructions 24 499,536 DKK
27 Salesmen & Saleswomen 16 496,854 DKK
28 Hotels & Tourism 12 480,762 DKK
29 Education & University 46 463,999 DKK
30 Media 10 423,768 DKK
31 Construction & Labor Workers 11 420,415 DKK
32 Organization & Coordination 16 409,016 DKK
33 Making Design 15 396,947 DKK
34 Customer Services 25 366,773 DKK
35 Automobile 3 343,305 DKK
36 Restaurants, Inns, Pubs 11 314,473 DKK
37 Fashion 1 313,132 DKK
38 Agriculture & Fishing 3 305,756 DKK

Careers / Denmark (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Director 34 1,117,084 DKK
2 General Manager 16 1,019,859 DKK
3 CEO 8 1,011,813 DKK
4 Logistics Manager 6 944,090 DKK
5 Computer Architect 6 805,963 DKK
6 IT Manager 34 798,588 DKK
7 Manager 36 757,686 DKK
8 Finance Manager 17 751,651 DKK
9 Business Manager 8 742,935 DKK
10 Lead Developer 16 739,582 DKK
11 Product Manager 10 709,409 DKK
12 Other Human Resource Career 6 689,964 DKK
13 Other Finance Career 13 686,611 DKK
14 Technical Manager 9 680,576 DKK
15 Other IT Career 18 669,848 DKK
16 Other Engineer Career 10 668,507 DKK
17 Business Development Manager 21 667,166 DKK
18 Corporate Counsel Lawyer 9 655,767 DKK
19 Electrical Engineer Lead 14 651,073 DKK
20 Project Manager 25 631,628 DKK
21 Marketing Manager 28 622,912 DKK
22 Lawyer 7 621,571 DKK
23 Security Specialist 6 616,206 DKK
24 Human Resources Manager 10 612,854 DKK
25 University Professor 7 612,854 DKK
26 Business Marketing 8 610,842 DKK
27 IT Project Manager 36 606,149 DKK
28 Data-warehouse Engineer 8 602,796 DKK
29 Purchasing Manager 6 596,091 DKK
30 Sales Manager 13 588,045 DKK
31 C, C++ Developer 7 584,022 DKK
32 Electrical Engineer 20 574,634 DKK
33 System Analyst 7 559,883 DKK
34 Research Engineer 21 554,519 DKK
35 Human Resource 8 548,484 DKK
36 Software Engineer 24 541,779 DKK
37 Mechanical Engineer 28 536,415 DKK
38 Software Developer 63 534,403 DKK
39 Mechanical Engineer Lead 9 534,403 DKK
40 Engineer 44 532,392 DKK
41 Energy Engineer 7 528,368 DKK
42 Other Management Career 20 527,027 DKK
43 Architect 20 520,322 DKK
44 Financial Analyst 21 516,970 DKK
45 Other Aviation & Shipping Career 6 506,912 DKK
46 Java Developer 11 496,184 DKK
47 Operations Manager 7 488,808 DKK
48 University Professor Assistant 7 479,421 DKK
49 Other Marketing Career 10 461,987 DKK
50 IT Coordinator 10 459,976 DKK
51 Civil Engineer 6 447,906 DKK
52 Purchaser 6 430,473 DKK
53 Other Education Career 12 417,062 DKK
54 Web Developer 14 409,016 DKK
55 Other Sales Career 6 382,866 DKK
56 Marketing Coordinator 8 358,057 DKK
57 Cook 7 350,010 DKK
58 Marketing 18 337,271 DKK

People's individual salary examples (surveys)

Chief Commercial Officer
Posted 19 November 2023
City Education Experience Knowledge Gross salary / year
--Other-- Masters Degree 16-20 Years Advanced 976,900 DKK

Investment Manager
Posted 23 August 2023
City Education Experience Knowledge Gross salary / year
Aarhus Masters Degree 12-16 Years Expert 1,200,000 DKK

Chief Financial Officer
Posted 23 August 2023
City Education Experience Knowledge Gross salary / year
Aarhus Masters Degree 16-20 Years Expert 1,319,100 DKK

Senior Software Developer
Posted 19 July 2023
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 4-8 Years Intermediate 728,700 DKK

Partner
Posted 11 July 2023
City Education Experience Knowledge Gross salary / year
--Other-- Masters Degree 4-8 Years Advanced 462,700 DKK

Designer
Posted 12 September 2022
City Education Experience Knowledge Gross salary / year
Aarhus Bachelors Degree 1-2 Years Advanced 446,700 DKK

Senior Manager
Posted 11 September 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 4-8 Years Advanced 804,500 DKK

Sales Director
Posted 06 September 2022
City Education Experience Knowledge Gross salary / year
Copenhagen High School 8-12 Years Advanced 804,100 DKK

Ceo Secretary
Posted 04 September 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Bachelors Degree 2-4 Years Intermediate 371,900 DKK

Senior
Posted 03 September 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 8-12 Years Advanced 669,300 DKK

Phd Student
Posted 01 September 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 1-2 Years Expert 379,300 DKK

Backend Engineer
Posted 27 July 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 0-1 Year Intermediate 501,900 DKK

Postdoc
Posted 27 July 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Doctorate Degree 0-1 Year Advanced 410,600 DKK

Sr Manager
Posted 26 July 2022
City Education Experience Knowledge Gross salary / year
Odense Masters Degree 16-20 Years Expert 684,400 DKK

Global Account Manager
Posted 26 July 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 1-2 Years Advanced 474,300 DKK

Business Development Manager
Posted 22 July 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 1-2 Years Advanced 636,100 DKK

Account Manager
Posted 21 July 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 12-16 Years Advanced 403,400 DKK

Expert
Posted 15 July 2022
City Education Experience Knowledge Gross salary / year
Gentofte Masters Degree 16-20 Years Expert 710,800 DKK

Technical Consultant
Posted 12 July 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 0-1 Year Basic 331,700 DKK

Project Engineer
Posted 12 July 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 2-4 Years Intermediate 432,200 DKK

Automation Engineer
Posted 15 June 2022
City Education Experience Knowledge Gross salary / year
Aarhus Bachelors Degree 0-1 Year Intermediate 383,700 DKK

Development Engineer
Posted 09 June 2022
City Education Experience Knowledge Gross salary / year
Aalborg Masters Degree 1-2 Years Advanced 450,000 DKK

Senior Project Manager
Posted 08 June 2022
City Education Experience Knowledge Gross salary / year
--Other-- Masters Degree 12-16 Years Advanced 581,400 DKK

Administrative Chief
Posted 08 June 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Bachelors Degree 8-12 Years Advanced 968,900 DKK

Clinical Project Coordinator
Posted 08 June 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 1-2 Years Intermediate 532,900 DKK

Financial Advisor
Posted 28 May 2022
City Education Experience Knowledge Gross salary / year
Aarhus Bachelors Degree 1-2 Years Advanced 437,300 DKK

Product Manager
Posted 27 May 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 4-8 Years Advanced 735,400 DKK

Professor
Posted 26 May 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 2-4 Years Advanced 539,300 DKK

Engineer
Posted 08 April 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Bachelors Degree 8-12 Years Expert 817,500 DKK

Electric Engineer
Posted 07 April 2022
City Education Experience Knowledge Gross salary / year
--Other-- Masters Degree 0-1 Year Basic 357,600 DKK

Customer Success
Posted 17 March 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 1-2 Years Advanced 416,900 DKK

Insight Lead
Posted 13 March 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Doctorate Degree 4-8 Years Expert 833,800 DKK

Teacher
Posted 10 March 2022
City Education Experience Knowledge Gross salary / year
Odense Bachelors Degree 2-4 Years Intermediate 224,800 DKK

Vp Media Technology
Posted 19 February 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 8-12 Years Expert 1,009,500 DKK

Plc Programmer
Posted 19 February 2022
City Education Experience Knowledge Gross salary / year
Esbjerg Masters Degree 2-4 Years Advanced 524,900 DKK

Chief Executive Officer
Posted 18 February 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 16-20 Years Advanced 848,000 DKK

Architect
Posted 17 February 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 8-12 Years Advanced 969,100 DKK

Ms Sc. Ee
Posted 14 February 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 12-16 Years Expert 2,019,000 DKK

Hr Manager, Nordics
Posted 13 February 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Some College 4-8 Years Advanced 545,100 DKK

Quality Program Manager
Posted 18 January 2022
City Education Experience Knowledge Gross salary / year
Aarhus Masters Degree 12-16 Years Expert 569,300 DKK

Senior Recruiter
Posted 16 January 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 8-12 Years Advanced 591,200 DKK

Strategic Programmes Builder
Posted 13 January 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Bachelors Degree 4-8 Years Advanced 556,200 DKK

Senior Mechanical Engineer
Posted 10 January 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Bachelors Degree 4-8 Years Expert 613,100 DKK

Backend Developer
Posted 10 January 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 12-16 Years Advanced 564,900 DKK

Junior Front End Developer
Posted 03 January 2022
City Education Experience Knowledge Gross salary / year
Odense Some College 0-1 Year Intermediate 394,100 DKK

Bd Manager
Posted 03 January 2022
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 0-1 Year Advanced 582,400 DKK

Post Doctoral Fellow
Posted 31 December 2021
City Education Experience Knowledge Gross salary / year
Copenhagen Doctorate Degree 0-1 Year Expert 470,800 DKK

Doctoral Student
Posted 29 December 2021
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 0-1 Year Advanced 486,100 DKK

It Security Manager
Posted 27 December 2021
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 8-12 Years Advanced 844,100 DKK

Senior Consultant
Posted 29 November 2021
City Education Experience Knowledge Gross salary / year
Copenhagen Masters Degree 1-2 Years Advanced 525,500 DKK

ECONOMY / Denmark

Introduction

Denmark is a country found in Europe. Its capital city is Copenhagen. The country has numerous islands and has some of the oldest monarchies in the world.  The country has a modern mixed economy characterized by comfortable living standards, foreign trade, and high government services. The country uses the Danish krone as its currency.

The article will help you learn about Denmark's economy. The main parts highlighted include the GDP growth, economic sectors, level of employment and unemployment, exports and imports, and the country's inflation CPI.

 

GDP

World Outlook Database estimates for Denmark nominal GDP for the year 2021 is around $ 371 billion. It was ranked as number thirty-six globally in the year 2020. The GDP in purchasing power parity is $ 355 billion giving it a rank of number fifty-one globally in the year 2020.

The estimates for nominal GDP per capita and GDP in terms of PPP in 2021 are $ 63,645 and $ 61,008, respectively.  Sweden has the 7th position for nominal GDP per capita and number ten for Purchasing power parity GDP per capita globally.

Denmark's GDP growth for the various economic sectors for the year 2021 was as follows.

·       1.6 percent for agriculture.

·       1.2 percent for manufacturing and mining.

·       14.4 percent for industries.

·       7.7 percent for utilities and construction.

·       75.2 percent for the service sector.

Denmark's GDP growth has been reducing over the years. The GDP growth for the year 2018 was 2.4 percent, while that for 2019 was 2.3 percent. The estimates for the year 2020 and 2021 were 4.5 percent and 3.5 percent respectively.

 

Economic sector

·       Agriculture sector

Agriculture is a minor contributor to Denmark’s economy.  Most of the lands are family-owned. Denmark has good soils which are highly fertilized, making it ideal for practicing farming. Some of the main products include Cereals, barley, turnips, oats, rye, and sugar beets.

Besides farming, Denmark also practices animal husbandry.  The animals kept include dairy and beef cattle, poultry, fur animals, and pigs.  The animals are mainly exported hence contributing to the country's economy.

Fishing is a major activity in Denmark hence making it one of the largest exporters of fish products.  The main species exported include flatfish and Salmon.

·       Manufacturing sector

The manufacturing sector makes a significant production in Denmark's economy. In the year 2017, the manufacturing sector contributed 1.2 percent of Denmark's GDP growth. The sector has also employed many people. The main manufacturing sectors include pharmaceuticals, food processing, metal product producers, machinery, and transport equipment industries.

·       Service sector

The service sector is the highest contributor to Denmark's economy. It has the largest GDP growth in the country and also employs the highest number of employees.  The percentage of the workforce by the service industry was about 79.9 percent in the year 2017.

Some of the service jobs offered in the country include education, health, and social services, public administration, and tourism. There are various parks in Copenhagen which attract a large number of tourists.

·       Natural resources

Denmark has limited resources; however, the main natural resources include oils and natural gas. The natural oils are found in the North Sea part of Denmark. The country also uses coal power plants to generate electricity. However, Denmark banned the use of power plants, and industries began using biofuel instead as it is environmentally friendly. Denmark exports more oil, gas, and electricity than it imports. The subsidizing of wind farms also facilitates the high production of electricity.

·       Transport services

Denmark has made huge investments in the building of roads. The bicycle was a popular means of transport in Denmark in the olden days. Major investments have been made to link the road and rail between Copenhagen and Malmo.  The main features in Denmark's transport sector are the bridges and many harbors.

Some of the bridges found in Denmark include the green belt, which connects Zealand and Funen, and Oresund, which links Copenhagen and Malmo. The most common means of transport is private vehicles.

 

Employment Sector

1.    Employment

Denmark's labor force in the year 2019 was 3,009,405. Statistics also show that by the year 2018, Denmark's employment rate was 77.5 percent. The service sector has the highest labor force. The second is the industry sector, third utilities and constructions, fourth agriculture, and finally the mining and quarrying sector. The average gross salary as of the year 2017 was $ 5,819 monthly.

2.     Unemployment

Denmark's unemployment as of August 2020 was 6.1 percent. The youths have the highest number of unemployed people accounting for 12.2 percent of the unemployment population.

 

Exports and Imports

Exports

In 2017, Denmark's exports were $ 113.6 billion, and the main exports include dairy products, fish, furniture, wind turbines, meat, meat products, and machinery and instruments. Denmark's main export partners include Germany, Sweden, United States, Norway, China, and the United Kingdom.

Imports

Denmark's imports for the year 2017 stood at $ 94.93 billion.  The main import partner is Germany as Denmark imports about 21.3 percent. Besides Germany, other import partners include Sweden, Netherlands, China, Norway, and Poland. The products imported include raw materials, chemicals, grains, foodstuffs, Consumer goods, and machinery and equipment.

 

Inflation

Denmark has relatively low inflation rates. The inflation rates for 2019 and 2020 were 0.7 percent, and 0.4 percent respectively. The main reason behind Denmark's low inflation rate is the food prices. The food prices are relatively low and weigh about 10.5 percent of the overall consumer price index.

 

Conclusion

Denmark has a massive economy. The country uses a modern mixed economy which facilitates comfortable living standards for the people. The service sector contributes to the highest GDP growth and it has also employed the largest workforce. The manufacturing sector comes second while the agricultural sector has the minimal contribution to the economy.  Denmark is the 7th largest for nominal gross per capita and the 10th largest for purchasing power per capita income. The country has low inflation due to the relatively low food prices.

The main industries contributing to Denmark's economy include wind turbines, iron and steel, food processing, manufacturing and processing, textiles, clothing, transportation equipment, electronics, furniture, and other wood products.


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