Population, Total for Denmark
POPTOTDKA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,976,992.00
Year-over-Year Change
6.89%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Denmark' metric tracks the total population of Denmark, providing key insights into demographic trends that inform economic and policy decisions.
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 series measures the overall population of Denmark, including citizens and long-term residents. It is a vital statistic used by economists, policymakers, and businesses to analyze population growth, consumption patterns, and labor force dynamics.
Methodology
The data is collected by national statistical agencies and reported to the World Bank.
Historical Context
Population trends significantly impact economic planning, resource allocation, and public service provision.
Key Facts
- Denmark's total population was 5.8 million as of 2020.
- The population has grown by 6.4% over the past decade.
- Denmark has an aging population, with 19.6% over the age of 65.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Denmark' metric tracks the overall population size of Denmark, including citizens and long-term residents.
Q: Why is this trend relevant for users or analysts?
A: Population trends are crucial for economic planning, as they impact consumption patterns, labor force dynamics, and the provision of public services.
Q: How is this data collected or calculated?
A: The data is collected by national statistical agencies and reported to the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and economists use population data to inform decisions on resource allocation, public service provision, and long-term economic planning.
Q: Are there update delays or limitations?
A: The data is typically updated annually, with a potential delay of several months.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Denmark
DNKFCLODCGGDPPT
Consumer Opinion Surveys: Composite Consumer Confidence for Denmark
CSCICP02DKM460S
Producer Prices Index: Type of Goods: Investments Goods: Domestic for Denmark
PITGVG02DKQ661N
Consumer Price Index: Harmonized Prices: Miscellaneous Goods and Services (COICOP 12): Total for Denmark
DNKCPHP1200IXEBM
Infra-Annual Labor Statistics: Unemployment Female: From 15 to 64 Years for Denmark
LFUN64FEDKQ647S
Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Denmark
LFHUTTTTDKM647S
Citation
U.S. Federal Reserve, Population, Total for Denmark (POPTOTDKA647NWDB), retrieved from FRED.