In the OECD’s economic forecast for 2024, Denmark is expected to record the fifth-highest growth rate among all OECD members. And according to the European Commission’s forecast for 2024, Denmark will have the sixth-highest growth rate among European Union members (after Poland and Spain, Croatia, Cyprus and Malta).
Denmark’s economic success is built on a foundation of innovation, productivity, and sectoral excellence. Denmark is home to many world-leading companies, including Europe’s most valuable company (based on market cap). Industries with high growth potential are key contributors to the nation’s prosperity. For example, the pharmaceutical industry alone contributed for a significant portion of Denmark’s GDP growth in 2024, showcasing the strength of its knowledge-intensive sectors.