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Denmark: Exports of goods and services (% of GDP)

In , Denmark's Exports of goods and services (% of GDP) was 71.00.

That's up 2.4% from 2023, the highest value on record.

The global average for this indicator in 2024 was 44.26 . Denmark ranks #27 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #13 of 49.

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Denmark Exports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
71.00
Trough
47.00
1-year change
+2.4%
5-year change
+20.4%
+3.8% / yr
10-year change
+29.5%
+2.6% / yr

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
71.0020
69.3144
70.7552
59.2073
55.0369
58.9506
56.9834
55.3460
53.7440
55.8143

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Denmark's Exports of goods and services (% of GDP) in 2024?
In 2024, Denmark's Exports of goods and services (% of GDP) was 71.00, according to World Bank Open Data.
Is Denmark's Exports of goods and services (% of GDP) rising or falling?
Denmark's Exports of goods and services (% of GDP) rose 2.4% from 2023 to 2024.
How does Denmark rank globally on Exports of goods and services (% of GDP)?
In 2024, Denmark ranked #27 out of 160 countries reporting Exports of goods and services (% of GDP).
How does Denmark's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Denmark is above the world average. Within Europe & Central Asia, it ranks #13 of 49.
What is Exports of goods and services (% of GDP) and how is it measured?
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.