Denmark | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source
Denmark | Exports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
3345823849.2977 1966
3491604729.3723 1967
3642678800 1968
4118477066.6667 1969
4636162800 1970
5119658106.9981 1971
6134824083.0012 1972
8596329118.1089 1973
10472333426.307 1974
11887428561.484 1975
12587275103.391 1976
14117650586.354 1977
16550378631.27 1978
20570160615.853 1979
23118475664.934 1980
22322851587.725 1981
21672296937.257 1982
21784408091.854 1983
21450892184.694 1984
22827227077.12 1985
28448676059.82 1986
34688518632.224 1987
38843912798.039 1988
39815296435.118 1989
50354023850.305 1990
52463311498.476 1991
56509037126.621 1992
52361217939.82 1993
57548746187.467 1994
67734639975.725 1995
69550401641.747 1996
65532780528.428 1997
65817213019.341 1998
70026519451.851 1999
73620705669.854 2000
75069907723.362 2001
81644271219.932 2002
95609830896.975 2003
110424226102.05 2004
125495372442.43 2005
143507666980.56 2006
164447276484.74 2007
191436160530.39 2008
151388412766.51 2009
162681442014.91 2010
185143000979.61 2011
178723084177.09 2012
188383264163.23 2013
192780904237 2014
167735890269.84 2015
167285255408.27 2016
182923569688.05 2017
201828694345.1 2018
203211746226.71 2019
195544523281.69 2020
238150799317.99 2021
280166616336.52 2022
Denmark | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source