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Foreign Direct Investments into Denmark grew 2 % last year

Highlighting the Danish economy’s attractiveness as a top investment destination, the stock of Foreign Direct Investments into Denmark grew by around 2% in 2023, a new statistical release from the Danish Central Bank shows. 
When 27.11.2024
What
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The annual stocktaking of Foreign Direct Investments (FDI) into Denmark shows an increase of 16 bn DKK (around 2.3 bn USD) to a total of 887 bn DKK. In 2023, this corresponds to a 1.8% increase from the previous year.

As a top destination for FDI and ranking third in the world on the IMD Competitiveness Ranking, it is perhaps no surprise that Denmark manages to attract significant amounts of foreign direct capital. However, the stock of FDI into Denmark has declined in the preceding two years, likely as a reflection of the COVID lockdowns and disruptions of global trade and supply links. The data released by the Danish Central Bank highlights that this trend was reversed in 2023 with Denmark firmly back on a positive trajectory with growing foreign investments into the country. 

Stock of FDI into Denmark, 2023

Stock of FDI into Denmark, 2023
The Danish Central Bank and own calculations. Note: nominal values
The data showed that the Danish economy has managed to attract FDI from many parts of the global economy, with the top countries by contribution to FDI inflows being the United States (accounting for 16% of FDI into Denmark), followed by Sweden (12%), the United Kingdom (11%) and France (7%). 
Top 10 countries by amount of FDI into Denmark, 2023
Central Bank and own calculations. Note: by ultimate investor country
The ability to attract FDI plays a crucial role in the economy, and more than a fifth of private sector employment in Denmark is in foreign-owned companies. With foreign direct investments into Denmark now picking up after the past years’ slump, the scene is set for inflows of investments to help boost growth in the Danish economy. 

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