Denmarks’ thoroughly modern market economy features high-tech agriculture, up-to-date small-scale and corporate industry, extensive government welfare measures, comfortable living standards, a stable currency, and high dependence on foreign trade. Unemployment is low and capacity constraints are limiting growth potential. Denmark is a net exporter of food and energy. Because of high GDP per capita, welfare benefits, a low Gini index, and political stability, the Danish living standards are among the highest in the world. (CIA World Factbook)
Key exchange rates:
Interest rate: 1.55%
Current inflation: 3.5%
Inflation target: 2-3%
Tax rate: 25%
Major Danish owned companies:
A worldwide organisation with about 117,000 employees and offices in around 130 countries. As well as owning one of the world’s largest shipping companies, Moller-Maersk is also involved in the energy, shipbuilding, retail and manufacturing industries.
TDC is the leading provider of communications solutions in Denmark and a strong player in the Nordic business market. TDC has developed from a traditional provider of landline and mobile services into a provider of modern communications solutions.