Denmark Quarterly National Accounts. Growth quality in focus.
A seven-module structural macro monitor combining quarterly national accounts with quarterly sector-account diagnostics.
Seven modules describe the current growth mix.
The latest A-CLUSTER output classifies the quality of growth across demand, investment, competitiveness, household and corporate conditions, and the external sector.
Growth Quality
Broad-based growth. Contribution reconciliation gap -0.79 pp; Investment supporting growth; External sector supporting growth; Strong household-demand contribution; Material government-demand support
Investment Quality
Productive-capital intensive. High intellectual-property share; Strong real GFCF growth
Competitiveness
Broad competitiveness improvement. Large productivity gap versus EU; Large NULC gap versus EU
Household Demand
Durable-led discretionary demand.
Household Income & Saving
Saving-rate drawdown. Actual final consumption per capita unavailable for selected country; Saving rate down at least 1 pp from four quarters earlier
Corporate Income & Investment
Mixed corporate cycle.
External Sector
Export-supported external contribution. Domestic demand accompanied by import drag
Broadly constructive structural picture.
The concise production page is designed for rapid reading; the full analytical report contains the detailed charts, tables and methodology.
Broad-based growth
Primary driver: Net exports. Domestic demand +3.76 pp; net exports +2.73 pp.
Productive-capital intensive
GFCF 22.3% of GDP; productive-capital proxy 55.4%.
Saving-rate drawdown
Saving rate 15.1%; real disposable income per capita +0.63% QoQ.
Export-supported external contribution
Real exports +6.7% YoY; real imports +2.6% YoY.