Denmark’s economy experienced one of the lowest declines worldwide during the COVID-19 pandemic with economic growth of 3.8% in 2022. In August, the country lifted its economic forecast for 2023 from 0.6% to 1.2% due to a significant boost in pharmaceutical exports and high employment, with GDP growth of 1.4% expected in 2024.
The US International Trade Administration valued the Danish information and communication sector at $35 billion last year. The Energy Technology Development and Demonstration program supports both the private sector and academia in developing new sustainable projects, with more than $875 million poured into more than 1,000 energy projects since it started in 2007.
The USA is a close partner to Denmark as its largest non-European trading partner, with significant exports including industrial machinery, life science products and agrifoods. Additionally, more than 400 US companies are currently active in the local market.
41 %
ENERGY COMES FROM WIND
12,000 kms
BIKE LANES IN DENMARK
year 1971
DENMARK CREATES WORLD’S FIRST MINISTRY OF ENVIRONMENT
#1 investor
US LEADS WITH 20% OF TOTAL FDI IN DENMARK
4th
GLOBALLY RANKED FOR
EASE OF DOING BUSINESS
12 million
CONTAINERS SHIPPED ANNUALLY
BY MAERSK
Interviews
Interview with Morten Bødskov, Minister for Industry, Business and Financial Affairs, Denmark
"Danish investments in the US have achieved a new record this year, mirroring the upward trend in US investments in Denmark. "
28 November, 2023
Interview with Christina Egelund, Minister for Higher Education and Science, Denmark
“Denmark is actively engaged in various cutting-edge fields, including life science, pharmaceuticals, artificial intelligence and the green energy transition.”
28 November, 2023
Interview with Lars Aagaard, Minister for Climate, Energy and Utilities
"Denmark and its companies are globally recognized as leaders in the wind industry, with prominence not only in wind turbine and technology production but also in construction and efficient financing,
28 November, 2023
