The Danish currency is the crown, and the country's economics is built on the Scandinavian velfardsmodel that guarantees all citizens social benefits.
The enriched velfardsstat brings about a large public sector and a similar aloud tax burden in 2012 was at 48.5% of GDP. For an upper-bracket taxpayer can marginal tax rate will be 55.6% (including labor but excluding church tax).
Gross domestic product was estimated to last at 203.519 billion U.S. $ (kobekraftsparitet) in 2008, while per capita income was U.S. $ 37,264 according the International Monetary Fund. Through established the European exchange rate mechanism (ERM II) leads the Danish krone rate policy against the euro and the exchange rate is always at approximately 7.45 dollars per. euro. This opnar you by lagge money politics very close up against the European Central Bank policy. Denmark meets the convergence criteria, which are about to take part in the euro, but in a referendum in September 2000, Denmark chose to retain the crown.
Cost per kWh in the country is very afhangig of foreign trade, and because of this, Denmark has a great interest in the goods and services can be freely traded between countries. Denmark seeks to improve trade through its membership of the EU, OECD and WTO. Denmark is a net provider to the EU, ie. Denmark pays more to the EU than it receives. This year 2010, the net balance also in the EU's favor, Denmark paid 615.3 million. euro to the EU.
76% of the working population, persons employed in 2004 in the service sector and 21% in industry. Agriculture, which was once the country's main business is in relation thereto today a less important economically sector. The Danish farmer receives $ 10 billion a year the in landbrugsstotte. Approximately 10% of Denmark's dakket forest, and a year the tripped 2 million. m3, giving 800 million. lion, but only masks 25% of traforbruget. Fishing constitute about 3% of total exports, and the main fishing ports located in Esbjerg, Thyboron, Hanstholm, Hirtshals and Skagen. According to the World Bank, Denmark has Europe's most flexible labor market, and it is simple baths to staff a new workforce and to nedbemande. This policy is called "flexicurity". The Danish labor metals around 2.9 million people. Tourists in Denmark comes mainly from the Nordic countries, and tourism is a growing sector. Among the biggest attractions is The Little Mermaid, Tivoli and Christiania, all located in Copenhagen. Unemployment rates are on the rise, and more people are living also by the Treasury than contributing to it. The country is self-sufficient in energy and extraction of natural gas and oil in the North Sea provides a great indtagt such. in 2006, when vardien was at 60.7 billion kroner, of which the state was 31,500,000,000. The energy comes mainly from coal, oil and natural gas, but also increasingly wind energy. Meanwhile constitute biobrandsel, solar and geothermal energy a small part. Until the early 1980s, okomomien plagued by major stability problems which only gradually and with the answer was overcome in the course of the 1980s. During Schlüters government came what is known as "austerity" that made lan very expensive and got consumption to plummet. Unemployment was rekordhoj in 1993. Also the problem was up becoming bekampet quite effective, partly due item governments Rasmussen and Anders Fogh Rasmussen effective but rather expensive labor policy berommet abroad under the name of flexicurity.