Skip to content

Denmark vs Estonia: Economic Indicators Comparison

Denmark with a GDP of $355.7B ranked the 38th largest economy in the world, while Estonia ranked 102nd with $30.7B. By GDP 5-years average growth and GDP per capita, Denmark and Estonia ranked 128th vs 71st and 12th vs 42nd, respectively.

Gross Domestic Product & Income

StatDenmarkEstonia
GDP$355.7B$30.7B
GDP growth, 1 year1.2%3.9%
GDP growth, 5-years average2%3.4%
Population5.8M1.3M
GDP per capita$61k$23k
GDP per capita growth1.82%4.48%
Purchasing Power Parity conversion factor6.960.55
Price level ratio of PPP conversion factor GDP to market exchange rate1.10.65
GDP per capita, PPP adjusted$52k$34k
GNI, Atlas method$348.6B$27.9B
GNI per capita$60k$21k
GNI, PPP adjusted$327.1B$46.2B
GNI per capita, PPP adjusted$56k$35k

Financial system and Human development

StatDenmarkEstonia
Income Tax Rate56%20%
Corporate Tax Rate23.5%20%
Inflation, consumer prices0.7%3.4%
Inflation, GDP deflator0.8%4.5%
Unemployment5%5.5%
Economic Freedom Index78.377.7
Personal Freedom Index9.499.04
Human Freedom Index8.738.44
Property Rights Index86.383.2
Judical Effectiveness Index84.673.7
Business Freedom Index88.773.5
Fiscal Health Index97.799.9
Labor Freedom Index86.257.3
Investment Freedom Index9090
Financial Freedom Index8070
Trade Freedom Index86.486.4
Monetary Freedom Index84.678.6
Government Spending Index19.753.3
Tax Burden Index4281.1
Government Integrity Index9385.9
Corruption Perceptions Index8873
Life expectancy at birth, years8177.6
Suicide mortality rate, per 100,000 people12.817.8
Mortality caused by road traffic injury, per 100,000 people46.1
Intentional homicides, per 100,000 people1.22.2
International tourism, number of arrivals12.7M3.2M

Government debt & reserves

StatDenmarkEstonia
Central government debt, % of GDP34.3%8.1%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI18.3%15.2%
Gross savings, % of GDP28.7%28.2%
Gross capital formation, % of GDP23%26.2%
Total reserves including gold$70.9B$755M
Foreign direct investment net inflows$1.2B$1.2B

Exports, imports and economic structure

StatDenmarkEstonia
Exports of goods and services, % of GDP55.6%74.3%
Imports of goods and services, % of GDP49.6%70.7%
Current account balance (balance of payments)$24.8B$612.4M
Revenue excluding grants, % of GDP38.9%34.8%
Grants excluding technical cooperation, BoPN/A$120.3M
Personal remittances received$1.4B$566.5M
Industry including construction value added, % of GDP21.2%24.1%
Agriculture, forestry and fishing value added, % of GDP1%2.7%
Charges for the use of intellectual property, payments BoP$1.6B$64.7M
Charges for the use of intellectual property, receipts BoP$3.3B$15.9M
Expense, % of GDP37.6%35%
Government Expenditure, % of GDP51.7%39.4%

Compare with countries close by GDP per capita

Denmark vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k

Estonia vs

CountryGDP
per capita
Population
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M