IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL DENMARK

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Copenhagen

2 2016 2017 2018 2019 2020

43 2019

6.669 2019 5.81 2019 348.1 2019 55,027 2019 2.4 2019 0.73 2019 5.10 2019 2.93 2019 7.86 2019 114.5 2018 -1.86 2019

Exchange Rate (per $)

6

6

7

8

47

Population - market size (millions)

CHALLENGES IN 2020 Provide support to distressed companies through the difficult times with coronavirus. • Provide support to distressed companies through the difficult times with coronavirus. • Boost investments in green growth. • Focus on boosting activity after the crisis through fiscal stimulus that increases the long-term growth potential (e.g. infrastructure, digitalization, tax cuts). • Reduce taxation on companies to increase investments and strengthen competitiveness. • Support Danish companies in their sales to export markets.

37

Gross Domestic Product (GDP) (US$ billions)

14

GDP (PPP) per capita (US$)

25

Real GDP growth (%)

17

Consumer price inflation (%)

34

Unemployment rate (%)

47

Labor force (millions)

6

Current account balance (% of GDP)

41

Direct investment stocks inward ($bn)

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

59

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

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

1 3 4 5 Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

1

1

1

2 4

2

4

8 8

9

15

23

24

27

40

41

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) 1 2016 2017 2018 2019 2020

POPULATIONS < 20 MILLION (34 countries)

2 2016 2017 2018 2019 2020

3

3

5

5

6

4

7

5

67

IMD WORLD COMPETITIVENESS BOOKLET 2020