Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Denmark
Growth rate same period previous year, Quarterly
DNKPIEATI02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.07
Year-over-Year Change
-187.27%
Date Range
1/1/1986 - 1/1/2019
Summary
The Growth rate same period previous year, Quarterly trend measures the percent change in Denmark's Gross Domestic Product (GDP) from the same quarter a year earlier. It is a key economic indicator used to assess Denmark's economic performance and growth trajectory.
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 trend represents the year-over-year percent change in Denmark's GDP, providing insights into the country's economic expansion or contraction compared to the prior year. It is widely monitored by economists, policymakers, and market analysts to gauge the health and direction of the Danish economy.
Methodology
The data is calculated by the OECD using national accounts data reported by the Danish government.
Historical Context
This trend is closely watched for its implications on Danish monetary and fiscal policies.
Key Facts
- Denmark's GDP grew 4.9% in Q4 2022 compared to Q4 2021.
- The growth rate has fluctuated between -1.3% and 8.3% over the past 5 years.
- Denmark's economy is heavily oriented towards exports, making GDP growth sensitive to global trade conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in Denmark's Gross Domestic Product (GDP), providing insights into the country's economic expansion or contraction.
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 monitored by economists, policymakers, and market analysts to gauge the health and direction of the Danish economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts data reported by the Danish government.
Q: How is this trend used in economic policy?
A: This trend is closely watched for its implications on Danish monetary and fiscal policies, as policymakers use it to assess the country's economic conditions and guide their policy decisions.
Q: Are there update delays or limitations?
A: The data is reported quarterly, with a slight delay in publication to allow for data collection and verification.
Related Trends
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Denmark
LFEM74MADKA647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Denmark
DNKCPHPLA01IXOBM
Harmonized Index of Consumer Prices: Alcoholic Beverages for Denmark
CP0210DKM086NEST
Consumer Price Index: Harmonized Prices: All Items: Total for Denmark
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Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 64 Years for Denmark
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Employment to Population Rate: All Ages: All Persons for Denmark
LREPTTTTDKA156N
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (DNKPIEATI02GYQ), retrieved from FRED.