Beruflich Dokumente
Kultur Dokumente
World Rank:
10
Regional Rank:
Least
free
50
75
Most
100 free
76.1
Freedom Trend
80
79
78
77
76
75
2010
2011
2012
2013
2014
Country Comparisons
76.1
Country
World
Average
60.3
Regional
Average
67.1
Free
Economies
84.1
0
20
40
60
80
100
Quick Facts
Population: 5.6 million
GDP (PPP): $210.1 billion
0.6% growth in 2012
5-year compound annual growth 0.9%
$37,657 per capita
Unemployment: 7.6%
Inflation (CPI): 2.4%
FDI Inflow: $2.9 billion
Public Debt: 50.1% of GDP
2012 data unless otherwise noted.
Data compiled as of September 2013.
181
DENMARK (continued)
THE TEN ECONOMIC FREEDOMS
Score
RULE OF
LAW
Country
World Average
20
40
60
80
Rank
1Year
Change
2nd
2nd
0
0.3
100
Levels of corruption are generally very low in Denmark, which consistently receives some of
the highest marks in Transparency Internationals Corruption Perceptions Index. Protections
for property rights are strongly enforced, with an independent judicial system institutionalized throughout the economy. Intellectual property rights are respected, and enforcement is
consistent with world standards.
Fiscal Freedom 39.3
GOVERNMENT
Government Spending 0.5
SIZE
182nd
176th
0
20
40
60
80
0.5
5.4
100
The top individual income tax rate is 56 percent, and the corporate tax rate is 25 percent. Other
taxes include a value-added tax (VAT) and a tax on fatty foods. The overall tax burden is equivalent to 48 percent of GDP. Public expenditures finance 57.6 percent of the domestic economy,
and public debt is about 50 percent of GDP. The eurozone crisis has slowed growth, hurting
public finances.
REGULATORY
EFFICIENCY
2nd
5th
30th
0
20
40
60
80
0.3
+0.1
0
100
Denmarks regulatory environment remains one of the worlds most efficient. Starting a business takes only four procedures, and minimum capital requirements have been reduced. Relatively flexible hiring and dismissal regulations sustain an efficient labor market. Monetary
stability is well established, but rents are controlled, and medications are heavily subsidized.
In 2013, green energy subsidies were reduced.
OPEN
MARKETS
11th
2nd
1st
0
20
40
60
80
+1.0
+5.0
0
100
EU members have a low 1.1 percent average tariff rate and, in general, few non-tariff barriers
to trade. Denmark is very open to foreign investment as well. The financial sector is competitive and diversified. After undergoing a period of uncertainty, the banking sector has become
more stable. Banks dependence on state guarantees has been reduced, and prudential banking
regulations have been strengthened.
RULE OF LAW
Property Rights
Freedom from
Corruption
182
0
+3.7
Fiscal Freedom
Government
Spending
+7.8
+0.5
REGULATORY
EFFICIENCY
OPEN MARKETS
Trade Freedom
+10.0
Investment Freedom +20.0
Financial Freedom +20.0