Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Denmark

Index 2015=100, Quarterly

DNKCPGRSE01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

123.07

Year-over-Year Change

11.07%

Date Range

1/1/2000 - 1/1/2025

Summary

The 'Index 2015=100, Quarterly' series measures the growth rate of gross domestic product (GDP) in Denmark on a quarterly basis, with 2015 as the base year.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This economic indicator provides insights into the overall performance and health of the Danish economy. Analysts and policymakers use this data to assess economic trends, inform policy decisions, and evaluate the country's macroeconomic conditions.

Methodology

The data is collected and calculated by Statistics Denmark, the national statistical institute.

Historical Context

The GDP growth rate is a key metric used to monitor and manage the Danish economy.

Key Facts

  • Denmark's GDP grew by 2.9% in 2022 Q3.
  • The country's economy recovered to pre-pandemic levels in 2021.
  • GDP growth is a primary indicator of economic performance.

FAQs

Q: What does this economic trend measure?

A: This series measures the quarterly growth rate of gross domestic product (GDP) in Denmark, using 2015 as the base year.

Q: Why is this trend relevant for users or analysts?

A: The GDP growth rate is a key indicator of the overall health and performance of the Danish economy, making it relevant for analysts, policymakers, and investors.

Q: How is this data collected or calculated?

A: The data is collected and calculated by Statistics Denmark, the national statistical institute.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this GDP growth rate data to monitor the Danish economy, inform policy decisions, and evaluate macroeconomic conditions.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with a typical update delay of several weeks after the end of the reference quarter.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Quarterly (DNKCPGRSE01IXOBQ), retrieved from FRED.