Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Total population5.8 million5.76 million5.73 million
WDI
A.1.1
Total number of households2.71 million2.69 million2.67 million
Statistics Denmark
A.1.2
Average household size2.102.102.10
Statistics Denmark
A.1.3
Urban population (% of total)87.87% of total87.76% of total87.64% of total
WDI
A.1.4
Urban population growth (annual %).69%.77%.91%
WDI
A.1.5
A.2 Economy
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
GDP, current prices (U.S. dollars)352,058 USD (millions)329,866 USD (millions)311,988 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)302,233 USD (millions)290,716 USD (millions)279,020 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)60,897.23 USD 57,380.2 USD 54,665.22 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)52,278.61 USD 50,570.14 USD 48,888.61 USD
WEO
A.2.4
GDP, constant prices (Percent change)1.49%2.27%2.4%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change).69%.9%.3%
WEO
A.2.6
GDP, deflator (Index)108.34107.73106.23
WEO
A.2.7
Consumer price index109.52108.63107.40
WDI
A.2.8
GINI IndexNot available28.7028.20
WDI
A.2.9
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Unemployed5.1%5.8%6%
OECD, ILO
A.2.14.3
Interest Rates:A.2.15
Yield on 3 months treasury billsNot availableNot availableNot available
OECD
A.2.15.2
Yield on 10-year Government bond.46%.52%.32%
IFS
A.2.15.3
Lending rate.05%.05%.05%
Danmarks NationalBank
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Number of dwelling units:B.1.1
Total3.06 million3.03 million3.01 million
Statistics Denmark
B.1.1.1
Percentage of vacant units5.2% of total5.2% of total5.1% of total
European Central Bank
B.1.2
Characteristics of housing stock:B.1.3
Average dwelling unit size-existing112.2 sq.mt112.1 sq.mt111.9 sq.mt
Statistics Denmark
B.1.3.1
Tenure in urban areas (%):B.1.4
Owner-occupied units60.5% of total61.2% of total60.2% of total
Eurostat
B.1.4.1
% of owner units with a mortgage46.5% of total47.8% of total47.4% of total
Eurostat
B.1.4.2
Private rental units39.4% of total37.7% of total38.3% of total
Eurostat
B.1.4.3
Public / social rental units.1% of total.1% of total.1% of total
Eurostat
B.1.4.4
Estimated Number of units completed/yearB.1.5
Formal sector/registered28,393 units24,051 units21,021 units
Statistics Denmark
B.1.5.1
Number of recorded urban housing transactions/year685516115063425
Hypostat
B.1.6
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Median urban house price in USD:B.2.1
Existing housing360,275.11 USD 367,717.58 USD 330,970.48 USD
Statistics Denmark
B.2.1.2
Median house price to median annual HH income:B.2.2
Annual average % change in median house prices:B.2.3
Yearly Rate-2.02%11.1%10.4%
Statistics Denmark
B.2.3.1
M2 construction cost for median quality houseB.2.4


back to top | Country Data:
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: % change in average house price
Notes: % change in average house price
Notes: % change in average house price
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 80% for loans issued with up to 30 years maturity and 10 years interest-only period and 70% for loans with an unlimited maturity and interest-only period. From July 2009 the limit rises to 75%.
Notes: 80% for loans issued with up to 30 years maturity and 10 years interest-only period, 70% for loans with unlimited maturity and interest-only period. From July 2009, the limit rises to 75%
Notes: 80% for loans issued with up to 30 years maturity and 10 years interest-only period, 70% for loans with unlimited maturity and interest-only period. From July 2009, the limit rises to 75%
Notes: 80% LTV for residential properties
Notes: 80% LTV for residential properties
Notes: 99% of the Market
Notes: A mortgage loan is declared in default after 3½ months of non-payment, and then forced sale procedures are initiated.
Notes: A mortgage loan is declared in default after 3½ months of non-payment, and then forced sale procedures are initiated.
Notes: Actual value is -0.13
Notes: Actual value is -0.20
Notes: Actual value is -0.29
Notes: Actual value is -0.30
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Average price, not median price
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Base Year = 2010
Notes: Calculated from interest accrued on krone-denominated loan accounts divided by average loan balance in the quarter. † Prior to 2002, other depository corporations' lending rates were based on information collected by the Danish Financial Supervisory Authority. Since then, Denmark's Nationalbank has been responsible for collecting these data and a number of methodological changes were introduced. These include a reduction in the number of reporters from 98 to 23 other depository corporations, and a refocusing of the data on other depository corporations' domestic lending operations. † Prior to second quarter of 1993, calculated from interest accrued on both krone- and foreign currency-denominated loan accounts divided by average loan balance (including nonperforming loans from 1991) in the quarter. † Prior to 1990, weighted average rates on overdrafts.
Notes: Covered bonds secured by the mortgage.
Notes: Danish government and financial supervisory authority
Notes: Danish government and financial supervisory authority
Notes: Government
Notes: Government
Notes: Government
Notes: More than 40% of low-income households acknowledge receiving a housing allowance
Notes: Mortgage Banks
Notes: Mortgage Banks
Notes: Mortgage Banks
Notes: Mortgage Banks
Notes: Mortgage Banks
Notes: National figure, includes non-urban areas
Notes: National figure, includes non-urban areas
Notes: National rate, includes non-urban areas
Notes: National rate, includes non-urban areas
Notes: National rate, includes non-urban areas
Notes: National rate, includes non-urban areas
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Regulated subject to the Financial Business Act, Mortgage-Credit Loans and Mortgage-Credit Bonds Act
Notes: Regulated subject to the general Financial Business Act; specific Mortgage-Credit Loans and Mortgage-Credit Bonds Act
Notes: Retail Banks
Notes: Retail Banks
Notes: Retail Banks
Notes: Retail Banks
Notes: The central government provides on-lending and government guarantees to a number of government-owned companies
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information
Notes: View the Mortgage Credit Act for further information