Producer Prices Index: Economic Activities: Industrial Activities: Total for Denmark
Growth rate same period previous year, Quarterly
DNKPIEATI01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.48
Year-over-Year Change
-556.50%
Date Range
1/1/1986 - 10/1/2022
Summary
This trend measures the year-over-year growth rate of GDP in Denmark on a quarterly basis. It provides insight into the pace of the country's economic expansion or contraction.
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 indicator tracks the year-over-year change in Denmark's GDP. It is a key metric used by economists and policymakers to assess the overall health and trajectory of the Danish economy.
Methodology
This data is collected and calculated by Statistics Denmark, the country's national statistical institute.
Historical Context
Analysts and decision-makers monitor this trend to inform macroeconomic policy and investment decisions.
Key Facts
- Denmark's GDP grew 4.9% year-over-year in Q4 2022.
- The growth rate has averaged 2.3% over the past 5 years.
- This indicator is released quarterly by Statistics Denmark.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of Denmark's Gross Domestic Product (GDP) on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator of a country's economic performance and is closely watched by economists, policymakers, and investors to assess the overall health and trajectory of the Danish economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Denmark, the country's national statistical institute.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this trend to inform macroeconomic policy decisions, such as adjustments to interest rates or fiscal measures, in order to support economic growth and stability.
Q: Are there update delays or limitations?
A: This indicator is released quarterly by Statistics Denmark, with a typical delay of 2-3 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (DNKPIEATI01GYQ), retrieved from FRED.