Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Denmark
Growth rate same period previous year, Quarterly
DNKPIEAFD02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.33
Year-over-Year Change
390.21%
Date Range
1/1/1986 - 1/1/2019
Summary
This economic trend measures the year-over-year growth rate of Denmark's real gross domestic product (GDP) on a quarterly basis. It is a key indicator of the overall health and performance of the Danish economy.
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
The growth rate same period previous year, Quarterly metric tracks the percentage change in Denmark's real GDP compared to the same quarter in the previous year. This provides valuable insights into the economy's cyclical patterns and long-term growth trajectory.
Methodology
The data is collected and calculated by Statistics Denmark, the country's national statistics office.
Historical Context
Policymakers and analysts closely monitor this trend to assess the broader economic conditions and inform policy decisions.
Key Facts
- Denmark's GDP grew 3.9% year-over-year in Q4 2022.
- The economy contracted 2.1% in 2020 due to the COVID-19 pandemic.
- GDP growth has averaged 2.4% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in Denmark's real gross domestic product (GDP) on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The growth rate same period previous year, Quarterly trend provides valuable insights into the cyclical patterns and long-term growth trajectory of the Danish economy, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Denmark, the country's national statistics office.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the overall health of the Danish economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released by Statistics Denmark on a quarterly basis, with a delay of approximately 2-3 months after the end of the reference quarter.
Related Trends
Business Tendency Surveys: Volume of Stocks: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles: Current for Denmark
DNKBRVSLV02STSAM
Harmonized Index of Consumer Prices: Spares Parts and Accessories for Personal Transport Equipment for Denmark
CP0721DKM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Denmark
DNKCPGRHO01GYM
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Denmark
LRACTTTTDKA156S
Bank Capital to Total Assets for Denmark
DDSI03DKA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Denmark
DNKCPHPEN01IXOBM
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (DNKPIEAFD02GYQ), retrieved from FRED.