Denmark vs the United States: Economic Indicators Comparison

The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Denmark ranked 38th with $355.7B. By GDP 5-years average growth and GDP per capita, the United States and Denmark ranked 113th vs 128th and 11th vs 12th, respectively.

Gross Domestic Product & Income

StatDenmarkUnited States
GDP$355.7B$20.5T
GDP growth, 1 year1.2%2.9%
GDP growth, 5-years average2%2.4%
Population5.8M325.1M
GDP per capita$61k$63k
GDP per capita growth1.82%2.29%
Purchasing Power Parity conversion factor6.961
Price level ratio of PPP conversion factor GDP to market exchange rate1.11
GDP per capita, PPP adjusted$52k$63k
GNI, Atlas method$348.6B$20.6T
GNI per capita$60k$63k
GNI, PPP adjusted$327.1B$20.8T
GNI per capita, PPP adjusted$56k$64k

Financial system and Human development

StatDenmarkUnited States
Income Tax Rate56%37%
Corporate Tax Rate23.5%21%
Inflation, consumer prices0.7%2.4%
Inflation, GDP deflator0.8%2.4%
Unemployment5%3.9%
Economic Freedom Index78.376.6
Personal Freedom Index9.498.55
Human Freedom Index8.738.39
Property Rights Index86.381.8
Judical Effectiveness Index84.683.7
Business Freedom Index88.783.3
Fiscal Health Index97.754.3
Labor Freedom Index86.287.9
Investment Freedom Index9085
Financial Freedom Index8080
Trade Freedom Index86.479.8
Monetary Freedom Index84.675.5
Government Spending Index19.756.5
Tax Burden Index4274.6
Government Integrity Index9377.2
Corruption Perceptions Index8871
Life expectancy at birth, years8178.5
Suicide mortality rate, per 100,000 people12.815.3
Mortality caused by road traffic injury, per 100,000 people412.4
Intentional homicides, per 100,000 people1.25.3
International tourism, number of arrivals12.7M79.7M

Government debt & reserves

StatDenmarkUnited States
Central government debt, % of GDP34.3%105.8%
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%6.1%
Gross savings, % of GDP28.7%18.6%
Gross capital formation, % of GDP23%21%
Total reserves including gold$70.9B$449.9B
Foreign direct investment net inflows$1.2B$258.4B

Exports, imports and economic structure

StatDenmarkUnited States
Exports of goods and services, % of GDP55.6%12.2%
Imports of goods and services, % of GDP49.6%15.3%
Current account balance (balance of payments)$24.8B-$491B
Revenue excluding grants, % of GDP38.9%17.2%
Grants excluding technical cooperation, BoPN/AN/A
Personal remittances received$1.4B$6.7B
Industry including construction value added, % of GDP21.2%18.2%
Agriculture, forestry and fishing value added, % of GDP1%0.9%
Charges for the use of intellectual property, payments BoP$1.6B$56.1B
Charges for the use of intellectual property, receipts BoP$3.3B$128.7B
Expense, % of GDP37.6%22.4%
Government Expenditure, % of GDP51.7%38.1%

Compare with countries close by GDP per capita

Denmark vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k

United States vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k