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Denmark: Household consumption (% of GDP)

Percent of GDP · 1948–2025 · 78 observations · forecasts to 2027 · hcons_GDP

2025
43.6%percent of GDP
Change on 2024
+0.1 pointsfrom 43.6%
Average, 2016–2025
45.8%10 years
Record high and low
67.7% (1951)low 43.6% (2024)

Household consumption (% of GDP)

Report error
40%45%50%55%60%65%70%19501960197019801990200020102020DenmarkDenmark
ForecastPercent of GDP

Compare with other countries →Definition of Household consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202743.4Forecast
202643.5Forecast
202543.6
202443.6
202344.5
202243.7
202145.9
202046.8
201947.8
201847.9
201747.0
201647.3

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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