IMD World Competitiveness Booklet 2021

COMPETITIVENESS TRENDS - OVERALL DENMARK

OVERALL PERFORMANCE (64 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Copenhagen

2017 2018 2019 2020 2021

43 2020

2

3

6.542 2020 5.82 2020 355.2 2020 58,930 2020 -2.7 2020 0.33 2020 5.80 2020 2.92 2020 7.81 2020 105.7 2019 -2.14 2019

Exchange Rate (per $)

6

7

8

47

Population - market size (millions)

CHALLENGES IN 2021 Support the Danish companies that are still negatively affected by the COVID-19 crisis. • Support the Danish companies that are still negatively affected by the COVID-19 crisis. • Help companies increase their sales to export markets. • Secure better access to skilled labor. • Boost productivity through incentivizing investments in ICT- equipment, automation and digital skills. • Focus fiscal policy on initiatives enhancing growth and accelerating the green transition, for example education, R&D and infrastructure.

33

Gross Domestic Product (GDP) (US$ billions)

10

GDP (PPP) per capita (US$)

15

Real GDP growth (%)

22

Consumer price inflation (%)

28

Unemployment rate (%)

47

Labor force (millions)

6

Current account balance (% of GDP)

42

Direct investment stocks inward ($bn)

Confederation of Danish Industry Provi d by: Confederation of Danish Industry

60

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

2 3 1 Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

1

4 3

5

5

6 3 6

7

11

12 10

14

22

24

42

56

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS < 20 MILLION (35 countries)

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021

1

2

3

3

3

5

6

4

7

5

66

IMD WORLD COMPETITIVENESS BOOKLET 2021