Producer Prices Index: Economic Activities: Energy: Total for Denmark
Growth rate previous period, Quarterly
DNKPIEAEN01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-15.17
Year-over-Year Change
-1109.12%
Date Range
4/1/2000 - 10/1/2022
Summary
The growth rate previous period, quarterly measures the quarter-over-quarter percent change in Denmark's gross domestic product. This metric is a key indicator of economic performance and a focus for policymakers and analysts.
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 data series represents the percent change in Denmark's real gross domestic product compared to the previous quarter. It is a widely-used indicator of overall economic growth and momentum, helping analysts and policymakers assess the health and trajectory of the Danish economy.
Methodology
The data is calculated by the OECD using official national accounts statistics.
Historical Context
Growth rate data is closely watched by the Danish government, central bank, and private sector to inform macroeconomic policy and investment decisions.
Key Facts
- Denmark's GDP grew 0.9% in Q4 2022 compared to the prior quarter.
- The economy expanded 2.5% in 2022 overall after a 4.9% increase in 2021.
- GDP growth is a key metric for assessing the health of the Danish economy.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the quarter-over-quarter percent change in Denmark's real gross domestic product, providing a timely indicator of overall economic growth and momentum.
Q: Why is this trend relevant for users or analysts?
A: GDP growth rate is a fundamental metric used by policymakers, businesses, and investors to evaluate the health and trajectory of the Danish economy. It helps inform macroeconomic decisions and assessments of economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using official national accounts statistics provided by the Danish government.
Q: How is this trend used in economic policy?
A: Quarterly GDP growth data is closely monitored by the Danish central bank, government, and private sector to assess the state of the economy and inform macroeconomic and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical 1-2 month delay after the end of the reference quarter.
Related Trends
Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Denmark
IRLTLT01DKM156N
Population ages 65 and above for Denmark
SPPOP65UPTOZSDNK
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Denmark
LFEM55TTDKA647N
Value of Total Orders for Manufacturing for Denmark
ODMNTO02DKQ661S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Denmark
DNKCPHP0900IXOBM
Gross Domestic Product for Denmark
MKTGDPDKA646NWDB
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (DNKPIEAEN01GPQ), retrieved from FRED.