IMD World Competitiveness Booklet 2022

Competitiveness Country Profiles

Denmark Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

Copenhagen

1

2

43 2021

3

6.287 2021

Exchange Rate (per $)

6

5.84 2021 45 397.1 2021 32 63,946 2021 10 4.7 2021 39 1.94 2021 16 5.10 2021 24 3.05 2021 45 7.93 2021 11 135.1 2020 40 0.44 2020 51

8

Population - market size (millions)

Gross Domestic Product (GDP) (US$ billions)

CHALLENGES IN 2022

GDP (PPP) per capita (US$)

Secure better access to skilled labor.

•

Real GDP growth (%)

• Secure companies’ competitiveness in times increasing prices on energy and raw materials. • 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. • Support Danish companies in their sales to export markets.

Consumer price inflation (%)

Unemployment rate (%)

Labor force (millions)

Current account balance (% of GDP)

Direct investment stocks inward ($bn)

Direct investment flows inward (% of GDP)

PROVIDED BY: Confederation of Danish Industry

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

2 3 2 1 Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

1 3 4 3 Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

4

4 4

10

11 7

13 17

18

25

41

57

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS < 20 MILLION (36 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

1

1

1

2

3

3

3

5

7

5

67