The commercial industrial gas market in Denmark is estimated to have generated revenues of $205m (€185m) in 2016. This is up from $170m (€126m) million in 2006, indicating an average annual growth rate of 1.9% for the decade.
Between 2006 and 2016 GDP grew by an average of 0.4% p.a. Denmark boasts a highly-advanced economy, with a number of leading industries in areas such as shipping, renewable energy and agriculture. The country is a net exporter of food and energy but needs to import materials to support its manufacturing sector. Denmark is characterised by low debt-to-GDP (45%).
Report Data: 2017
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Western Europe continues to bear the brunt of external economic headwinds. China’s slowing growth, coupled with ongoing global market volatility, is a cause for concern for Europe’s developed economies. Sustained political issues also take their toll.
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