Denmark: Trade openness

* indicates monthly or quarterly data series
 Denmark

Trade openness: exports plus imports as percent of GDP

 Latest value 128.93
 Year 2022
 Measure percent
 Data availability 1966 - 2022
 Average 77.98
 Min - Max 53.22 - 128.93
 Source The World Bank
For that indicator, we provide data for Denmark from 1966 to 2022. The average value for Denmark during that period was 77.98 percent with a minimum of 53.22 percent in 1972 and a maximum of 128.93 percent in 2022. The latest value from 2022 is 128.93 percent. For comparison, the world average in 2022 based on 157 countries is 100.30 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Denmark - Trade openness - Recent values chart

Historical chart
Denmark - Trade openness - historical chart - 1966-2022




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest value Reference Measure
 Terms of trade 99.12 2021 percent
 Trade openness 128.93 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 70.01 2022 percent
 Exports, billion dollars 278.93 2023 billion U.S. dollars
 Growth of exports 10.84 2022 percent
 Imports, percent of GDP 58.92 2022 percent
 Imports, billion dollars 240.27 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 8.55 2022 percent
 Foreign Direct Investment, billion dollars 34.21 2022 billion U.S. dollars
 Portfolio investment inflows, equities -7,479.76 2023 million dollars (current)
 Current account, percent of GDP 10.90 2023 percent
 Current account, in dollars 44.20 2023 billion U.S. dollars
 Trade balance, percent of GDP 11.10 2022 percent
 Trade balance, in dollars 38.65 2023 billion U.S. dollars
 Reserves 96.07 2022 billion U.S. dollars
 Remittances, percent of GDP 0.31 2022 percent
 Remittances 1,247.34 2022 million U.S. dollars
 Net errors and omissions -14,512.48 2023 million USD
 Foreign exchange reserves 610.38 9/2023 billion
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