Denmark Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $52 4 billion (1984), $10,250 per capita; 54% private consumption, 18% private investment, 26% government consumption, investment; I % net exports of goods and services; 1% increase in stocks; 1984 growth rate, 3.9%

Natural resources: oil, gas, fish

Agriculture: highly intensive, specializes in dairying and animal husbandry; main crops—cereals, root crops; food imports— oilseed, grain, animal feedstuffs

Fishing- catch 1.86 million metric tons (1983), exports $756 million, imports $317 million (1984)

Major industries: food processing, machin ery and equipment, textiles and clothing, chemical products, electronics, construction, furniture, and other wood products

Crude steel: 0.6 million metric tons produced (1984). 110 kg per capita

Electric power: 9,493,000 kW capacity (1985); 27.464 billion kW h produced (1985), 5,380 kWh per capita

Export > $15 9 billion (f.o.b., 1984); principal items—meat, dairy products industrial machinery and equipment, textiles and clothing, chemical products, transjxirt equipment, fish, furs, furniture

Imports-$16,581 billion (c.i.f., 1984); principal items—industrial machinery, transport equipment, petroleum, textile fibers and yarns, iron and steel products, chemicals, grain and feedstuffs, wood and paper

Major trade partners: 1984 exports—44.3% EC, 18% FRG, 12.7% Sweden, 10.7% UK, 7.2% US, 5.3% Norway

Aid: donor—ODA and OOF economic aid commitments (1970-83) $3.3 billion

Budget: (1984) expenditures, $24.8 billion; revenues, $18.5 billion

Monetary conversion rate: 9.03 kroner= US$1 (December 1985)

Fiscal year: calendar year, beginning 1 January

NOTE: The information regarding Denmark on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Denmark 1986 information contained here. All suggestions for corrections of any errors about Denmark 1986 should be addressed to the CIA or the source cited on each page.