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Denmark Business Guide


Geography


Location:
Northern Europe, bordering the Baltic Sea and the North Sea, on a peninsula north of Germany (Jutland); also includes several major islands (Sjaelland, Fyn, and Bornholm)


Geographic coordinates:
56 00 N, 10 00 E


Map references:
Europe


Area:
total:43,094 sq kmcountry comparison to the world: 134
land:42,434 sq km
water:660 sq km
note:includes the island of Bornholm in the Baltic Sea and the rest of metropolitan Denmark (the Jutland Peninsula, and the major islands of Sjaelland and Fyn), but excludes the Faroe Islands and Greenland


Area - comparative:
slightly less than twice the size of Massachusetts


Land boundaries:
total:140 km
border countries:Germany 140 km


Coastline:
7,314 km


Maritime claims:
territorial sea:12 nm
contiguous zone:24 nm
exclusive economic zone:200 nm
continental shelf:200 m depth or to the depth of exploitation


Climate:
temperate; humid and overcast; mild, windy winters and cool summers


Terrain:
low and flat to gently rolling plains


    Elevation extremes:
lowest point:Lammefjord -7 m
highest point:Mollehoj/Ejer Bavnehoj 171 m


Natural resources:
petroleum, natural gas, fish, salt, limestone, chalk, stone, gravel and sand


Land use:
arable land:57.99%
permanent crops:0.09%
other:41.91% (2011)


Irrigated land:
4,354 sq km (2007)


Total renewable water resources:
6 cu km (2011)


Freshwater withdrawal (domestic/industrial/agricultural):
6 cu km (2011)

Natural hazards:
flooding is a threat in some areas of the country (e.g., parts of Jutland, along the southern coast of the island of Lolland) that are protected from the sea by a system of dikes


Environment - current issues:
air pollution, principally from vehicle and power plant emissions; nitrogen and phosphorus pollution of the North Sea; drinking and surface water becoming polluted from animal wastes and pesticides


Environment - international agreements:
party to:Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
signed, but not ratified:none of the selected agreements


Geography - note:
controls Danish Straits (Skagerrak and Kattegat) linking Baltic and North Seas; about one-quarter of the population lives in greater Copenhagen



People and Society


Nationality:
noun: Dane(s)
adjective:Danish


Ethnic groups:
Scandinavian, Inuit, Faroese, German, Turkish, Iranian, Somali


Languages:
Danish, Faroese, Greenlandic (an Inuit dialect), German (small minority)


Religions:
Evangelical Lutheran (official) 80%, Muslim 4%, other (denominations of less than 1% each, includes Roman Catholic, Jehovah's Witness, Serbian Orthodox Christian, Jewish, Baptist, and Buddhist) 16% (2012 est.)


Population:
5,569,077 (July 2014 est.)country comparison to the world: 115


Age structure:
0-14 years:17% (male 485,115/female 460,682)
15-24 years:13.1% (male 371,258/female 355,984)
25-54 years:39.2% (male 1,087,993/female 1,093,545)
55-64 years:12.4% (male 343,685/female 347,732)
65 years and over:18% (male 457,175/female 565,908) (2014 est.)


Dependency ratios:
total dependency ratio:55.6 %
youth dependency ratio:27.1 %
elderly dependency ratio:28.5 %
potential support ratio:3.5 (2014 est.)


Median age:
total:41.6 years
male:40.7 years
female:42.5 years (2014 est.)


Population growth rate:
0.22% (2014 est.)country comparison to the world: 178


Birth rate:
10.22 births/1,000 population (2014 est.)country comparison to the world: 190


Death rate:
10.23 deaths/1,000 population (2014 est.)country comparison to the world: 46


Net migration rate:
2.25 migrant(s)/1,000 population (2014 est.)country comparison to the world: 43


Urbanization:
urban population:86.9% of total population (2011)
rate of urbanization:0.5% annual rate of change (2010-15 est.)


Major urban areas - population:
COPENHAGEN (capital) 1.206 million (2011)


Sex ratio:
at birth:1.06 male(s)/female
0-14 years:1.05 male(s)/female
15-24 years:1.04 male(s)/female
25-54 years:1 male(s)/female
55-64 years:0.97 male(s)/female
65 years and over:0.8 male(s)/female
total population:0.97 male(s)/female (2014 est.)


Mother's mean age at first birth:
29.1 (2012 est.)


Maternal mortality rate:
12 deaths/100,000 live births (2010)


Infant mortality rate:
total:4.1 deaths/1,000 live birthscountry comparison to the world: 197
male:4.17 deaths/1,000 live births
female:4.02 deaths/1,000 live births (2014 est.)


    Life expectancy at birth:
total population:79.09 yearscountry comparison to the world: 47
male:76.68 years
female:81.64 years (2014 est.)


Total fertility rate:
1.73 children born/woman (2014 est.)country comparison to the world: 168


Health expenditures:
11.2% of GDP (2011)


Physicians density:
3.42 physicians/1,000 population (2007)


Hospital bed density:
3.5 beds/1,000 population (2010)


Drinking water source:
improved:
urban: 100% of population
rural: 100% of population
total: 100% of population
unimproved:
urban: 0% of population
rural: 0% of population
total: 0% of population (2012 est.)


Sanitation facility access:
improved:
urban: 100% of population
rural: 100% of population
total: 100% of population
unimproved:
urban: 0% of population
rural: 0% of population
total: 0% of population (2012 est.)


HIV/AIDS - adult prevalence rate:
0.2% (2009 est.)country comparison to the world: 111


HIV/AIDS - people living with HIV/AIDS:
5,300 (2009 est.)country comparison to the world: 122


HIV/AIDS - deaths:
fewer than 100 (2009 est.)country comparison to the world: 133


Obesity - adult prevalence rate:
18.2% (2008)country comparison to the world: 107


Education expenditures:
8.7% of GDP (2009)country comparison to the world: 8

Literacy:
definition:age 15 and over can read and write
total population:99%
male:99%
female:99% (2003 est.)


School life expectancy (primary to tertiary education):
total:17 years
male:16 years
female:18 years (2010)


Unemployment, youth ages 15-24:
total:14.2%country comparison to the world: 89
male:14.8%
female:14.1% (2012)


Government


Country name:
conventional long form: Kingdom of Denmark
conventional short form:Denmark
local long form:Kongeriget Danmark
local short form:Danmark


Government type:
constitutional monarchy


Capital:
name:Copenhagen
geographic coordinates:55 40 N, 12 35 E
time difference:UTC+1 (6 hours ahead of Washington, DC, during Standard Time)
daylight saving time:+1hr, begins last Sunday in March; ends last Sunday in October
note:applies to continental Denmark only, not to its North Atlantic components


Administrative divisions:
metropolitan Denmark - 5 regions (regioner, singular - region); Hovedstaden (Capital), Midtjylland (Central Jutland), Nordjylland (North Jutland), Sjaelland (Zealand), Syddanmark (Southern Denmark)


Independence:
ca. 965 (unified and Christianized under HARALD I Gormson); 5 June 1849 (became a constitutional monarchy)


National holiday:
none designated; Constitution Day, 5 June (1849) is generally viewed as the National Day


Constitution:
previous 1665; latest adopted 5 June 1849; amended several times, last in 2009 (2009)


Legal system:
civil law; judicial review of legislative acts


International law organization participation:
accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction


Suffrage:
18 years of age; universal


Executive branch:
chief of state:Queen MARGRETHE II (since 14 January 1972); Heir Apparent Crown Prince FREDERIK, elder son of the monarch (born on 26 May 1968)
head of government:Prime Minister Helle THORNING-SCHMIDT (since 3 October 2011)
cabinet:Council of State appointed by the monarch
elections:the monarchy is hereditary; following legislative elections, the leader of the majority party or the leader of the majority coalition usually appointed prime minister by the monarch


Legislative branch:
unicameral People's Assembly or Folketing (179 seats, including 2 from Greenland and 2 from the Faroe Islands; members elected by popular vote on the basis of proportional representation to serve four-year terms unless the Folketing is dissolved earlier)
elections:last held on 15 September 2011 (next to be held by September 2015)
election results:percent of vote by party - V 26.7%, SDP 24.9%, DF 12.3%, SLP 9.5%, SF 9.2%, O 6.7%, LA 5%, C 4.9%, other 0.8%; seats by party - V 47, SDP 44, DF 22, SLP 17, SF 16, O 12, LA 9, C 8; note - does not include the two seats from Greenland and the two seats from the Faroe Islands


Judicial branch:
highest court(s):Supreme Court (consists of the court president and 18 judges)
judge selection and term of office:judges appointed by the monarch upon the recommendation of the Minister of Justice with the advice of the Judicial Appointments Council, a 6-member independent body of judges and lawyers; judges appointed for life with retirement at age 70
subordinate courts:Special Court of Indictment and Revision; 2 High Courts; Maritime and Commercial Court; county courts


    Political parties and leaders:
Conservative People's Party or C [Lars BARFOED]
Danish People's Party or DF [Kristian THULESEN DAHL]
Liberal Alliance or LA [Anders SAMUELSEN]
Liberal Party or V [Lars LOKKE RAMUSSEN]
Red-Green Alliance (Unity List) or O [collective leadership, spokesperson Johanne SCHMIDT-NIELSEN]
Social Democratic Party or SDP [Helle THORNING-SCHMIDT]
Social Liberal Party or SLP [Margrethe VESTAGER]
Socialist People's Party or SF [Annette VILHELMSEN]


Political pressure groups and leaders:
Confederation of Danish Employers or DA [President Jorn Neergaard LARSEN]


International organization participation:
ADB (nonregional member), AfDB (nonregional member), Arctic Council, Australia Group, BIS, CBSS, CD, CE, CERN, EAPC, EBRD, EIB, EITI (implementing country), ESA, EU, FAO, FATF, G-9, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IEA, IFAD, IFC, IFRCS, IGAD (partners), IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, MINUSMA, NATO, NC, NEA, NIB, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMISS, UNRWA, UNTSO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC


Diplomatic representation in the US:
chief of mission:Ambassador Peter TAKSOE-JENSEN (since 1 September 2010)
chancery:3200 Whitehaven Street NW, Washington, DC 20008
telephone:[1] (202) 234-4300
FAX:[1] (202) 328-1470
consulate(s) general:Chicago, New York


Diplomatic representation from the US:
chief of mission:Ambassador Rufus GIFFORD (since 15 August 2013)
embassy:Dag Hammarskjolds Alle 24, 2100 Copenhagen 0
mailing address:Unit 5280, DPO, AE 09716
telephone:[45] 33 41 71 00
FAX:[45] 35 43 02 23


Flag description:
red with a white cross that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side; the banner is referred to as the Dannebrog (Danish flag) and is one of the oldest national flags in the world; traditions as to the origin of the flag design vary, but the best known is a legend that the banner fell from the sky during an early-13th century battle; caught up by the Danish king before it ever touched the earth, this heavenly talisman inspired the royal army to victory; in actuality, the flag may derive from a crusade banner or ensign


National symbol(s):
lion; mute swan


National anthem:
name:'Der er et yndigt land' (There is a Lovely Land); 'Kong Christian' (King Christian)

lyrics/music:Adam Gottlob OEHLENSCHLAGER/Hans Ernst KROYER; Johannes EWALD/unknown
note:Denmark has two national anthems with equal status; 'Der er et yndigt land,' adopted 1844, is a national anthem, while 'Kong Christian,' adopted 1780, serves as both a national and royal anthem; 'Kong Christian' is also known as 'Kong Christian stod ved hojen mast' (King Christian Stood by the Lofty Mast) and 'Kongesangen' (The King's Anthem); within Denmark, the royal anthem is played only when royalty is present and is usually followed by the national anthem; when royalty is not present, only the national anthem is performed; outside Denmark, the royal anthem is played, unless the national anthem is requested


Economy


Economy - overview:
This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy, and a high dependence on foreign trade. Denmark is a member of the European Union (EU); Danish legislation and regulations conform to EU standards on almost all issues. Danes enjoy a high standard of living and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus, but depends on imports of raw materials for the manufacturing sector. Within the EU, Denmark is among the strongest supporters of trade liberalization. After a long consumption-driven upswing, Denmark's economy began slowing in 2007 with the end of a housing boom. Housing prices dropped markedly in 2008-09 and, following a short respite in 2010, have since continued to decline. Household indebtedness is still relatively high at more than 275% of gross disposable income in the first half of 2013. The global financial crisis has exacerbated this cyclical slowdown through increased borrowing costs and lower export demand, consumer confidence, and investment. Denmark made a modest recovery in 2010, in part because of increased government spending; however, the country experienced a technical recession in late 2010-early 2011. Historically low levels of unemployment rose sharply with the recession and have remained at about 6% in 2010-13, based on the national measure, about two-thirds average EU unemployment. An impending decline in the ratio of workers to retirees will be a major long-term issue. Denmark maintained a healthy budget surplus for many years up to 2008, but the budget balance swung into deficit in 2009, where it remains. In spite of the deficits, the new coalition government delivered a modest stimulus to the economy in 2012. Nonetheless, Denmark's fiscal position remains among the strongest in the EU with public debt at about 46% of GDP in 2013. Despite previously meeting the criteria to join the European Economic and Monetary Union (EMU), so far Denmark has decided not to join, although the Danish krone remains pegged to the euro.


GDP (purchasing power parity):
$211.3 billion (2013 est.)
country comparison to the world: 55
$211.1 billion (2012 est.)
$211.9 billion (2011 est.)
note:data are in 2013 US dollars


GDP (official exchange rate):
$324.3 billion (2013 est.)


GDP - real growth rate:
0.1% (2013 est.)
country comparison to the world: 195
-0.4% (2012 est.)
1.1% (2011 est.)


GDP - per capita (PPP):
$37,800 (2013 est.)
country comparison to the world: 32
$37,800 (2012 est.)
$38,100 (2011 est.)
note:data are in 2013 US dollars


Gross national saving:
24.1% of GDP (2013 est.)
country comparison to the world: 54
22.6% of GDP (2012 est.)
23.3% of GDP (2011 est.)


GDP - composition, by end use:
household consumption:49.1%
government consumption:28.8%
investment in fixed capital:17.7%
investment in inventories:0.2%
exports of goods and services:53.4%
imports of goods and services:-49.2%
(2013 est.)


GDP - composition, by sector of origin:
agriculture:1.5%
industry:21.7%
services:76.8% (2013 est.)


Agriculture - products:
barley, wheat, potatoes, sugar beets; pork, dairy products; fish


Industries:
iron, steel, nonferrous metals, chemicals, food processing, machinery and transportation equipment, textiles and clothing, electronics, construction, furniture and other wood products, shipbuilding and refurbishment, windmills, pharmaceuticals, medical equipment


Industrial production growth rate:
1.1% (2013 est.)
country comparison to the world: 143

Labor force:
2.795 million (2013 est.)
country comparison to the world: 106


Labor force - by occupation:
agriculture:2.6%
industry:20.3%
services:77.1% (2011 est.)


Unemployment rate:
6% (2013 est.)
country comparison to the world: 59
6% (2012 est.)


Population below poverty line:
13.4% (2011)


Household income or consumption by percentage share:
lowest 10%:1.9%
highest 10%:28.7% (2007)


    Distribution of family income - Gini index:
24.8 (2011 est.)
country comparison to the world: 137
24.7 (1992)


Budget:
revenues:$181.4 billion
expenditures:$189.7 billion (2013 est.)


Taxes and other revenues:
55.9% of GDP (2013 est.)
country comparison to the world: 8

Budget surplus (+) or deficit (-):
-2.5% of GDP (2013 est.)
country comparison to the world: 103


Public debt:
47% of GDP (2013 est.)
country comparison to the world: 75
45.6% of GDP (2012 est.)
note:data cover general government debt, and includes debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions


Fiscal year:
calendar year


Inflation rate (consumer prices):
0.8% (2013 est.)
country comparison to the world: 18
2.4% (2012 est.)


Central bank discount rate:
0.75% (31 December 2011 est.)
country comparison to the world: 133
0.75% (31 December 2010 est.)


Commercial bank prime lending rate:
3.6% (31 December 2013 est.)
country comparison to the world: 162
3.6% (31 December 2012 est.)


Stock of narrow money:
$147.6 billion (31 December 2013 est.)
country comparison to the world: 26
$150.4 billion (31 December 2012 est.)


Stock of broad money:
$180.2 billion (31 December 2013 est.)
country comparison to the world: 42
$174.3 billion (31 December 2012 est.)


Stock of domestic credit:
$675 billion (31 December 2013 est.)
country comparison to the world: 22
$664.5 billion (31 December 2012 est.)


Market value of publicly traded shares:
$NA (31 December 2012 est.)


Current account balance:
$19.6 billion (2013 est.)
country comparison to the world: 16
$17.44 billion (2012 est.)


Exports:
$106 billion (2013 est.)
country comparison to the world: 37
$104.9 billion (2012 est.)


Exports - commodities:
machinery and instruments, meat and meat products, dairy products, fish, pharmaceuticals, furniture, windmills


Exports - partners:
Germany 15.9%, Sweden 13.5%, UK 9.6%, US 6.6%, Norway 6.3%, Netherlands 4.6% (2012)


Imports:
$98.45 billion (2013 est.)
country comparison to the world: 35
$96.77 billion (2012 est.)


Imports - commodities:
machinery and equipment, raw materials and semimanufactures for industry, chemicals, grain and foodstuffs, consumer goods


Imports - partners:
Germany 21.2%, Sweden 13.5%, Netherlands 7.5%, China 6.4%, Norway 6.3%, UK 5.6% (2012)


Reserves of foreign exchange and gold:
$89.5 billion (31 December 2013 est.)
country comparison to the world: 24
$89.7 billion (31 December 2012 est.)


Debt - external:
$586.7 billion (31 December 2012 est.)
country comparison to the world: 24
$571.4 billion (31 December 2011)


Stock of direct foreign investment - at home:
$146 billion (31 December 2013 est.)
country comparison to the world: 31
$147.1 billion (31 December 2012 est.)


Stock of direct foreign investment - abroad:
$248.3 billion (31 December 2013 est.)
country comparison to the world: 21
$241.7 billion (31 December 2012 est.)


Exchange rates:
Danish kroner (DKK) per US dollar -
5.695 (2013 est.)
5.7925 (2012 est.)
5.6241 (2010 est.)
5.361 (2009)
5.0236 (2008)


Energy


Electricity - production:
33.71 billion kWh (2011 est.)
country comparison to the world: 63


Electricity - consumption:
33.56 billion kWh (2010 est.)
country comparison to the world: 60


Electricity - exports:
10.71 billion kWh (2012 est.)
country comparison to the world: 20


Electricity - imports:
15.92 billion kWh (2012 est.)
country comparison to the world: 13


Electricity - installed generating capacity:
13.71 million kW (2010 est.)
country comparison to the world: 48


Electricity - from fossil fuels:
63% of total installed capacity (2010 est.)
country comparison to the world: 129


Electricity - from nuclear fuels:
0% of total installed capacity (2010 est.)
country comparison to the world: 75


Electricity - from hydroelectric plants:
0.1% of total installed capacity (2010 est.)
country comparison to the world: 150


Electricity - from other renewable sources:
36.9% of total installed capacity (2010 est.)
country comparison to the world: 2


Crude oil - production:
207,400 bbl/day (2012 est.)
country comparison to the world: 39


Crude oil - exports:
155,200 bbl/day (2010 est.)
country comparison to the world: 32


Crude oil - imports:
55,010 bbl/day (2010 est.)
country comparison to the world: 54


    Crude oil - proved reserves:
805 million bbl (1 January 2013 est.)
country comparison to the world: 43


Refined petroleum products - production:
145,300 bbl/day (2010 est.)
country comparison to the world: 62


Refined petroleum products - consumption:
160,200 bbl/day (2011 est.)
country comparison to the world: 64


Refined petroleum products - exports:
104,400 bbl/day (2010 est.)
country comparison to the world: 43


Refined petroleum products - imports:
124,100 bbl/day (2010 est.)
country comparison to the world: 45


Natural gas - production:
6.412 billion cu m (2012 est.)
country comparison to the world: 50


Natural gas - consumption:
4.994 billion cu m (2010 est.)
country comparison to the world: 63


Natural gas - exports:
2.983 billion cu m (2012 est.)
country comparison to the world: 39


Natural gas - imports:
254 million cu m (2012 est.)
country comparison to the world: 68


Natural gas - proved reserves:
42.98 billion cu m (1 January 2013 est.)
country comparison to the world: 67


Carbon dioxide emissions from consumption of energy:
46.66 million Mt (2011 est.)



Communications


Telephones - main lines in use:
2.431 million (2012)
country comparison to the world: 53


Telephones - mobile cellular:
6.6 million (2012)
country comparison to the world: 97


Telephone system:
general assessment:excellent telephone and telegraph services
domestic:buried and submarine cables and microwave radio relay form trunk network, multiple cellular mobile communications systems
international:country code - 45; a series of fiber-optic submarine cables link Denmark with Canada, Faroe Islands, Germany, Iceland, Netherlands, Norway, Poland, Russia, Sweden, and UK; satellite earth stations - 18 (6 Intelsat, 10 Eutelsat, 1 Orion, 1 Inmarsat (Blaavand-Atlantic-East)); note - the Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden) share the Danish earth station and the Eik, Norway, station for worldwide Inmarsat access (2011)



    Broadcast media:
strong public-sector TV presence with state-owned Danmarks Radio (DR) operating 4 channels and publicly owned TV2 operating roughly a half dozen channels; broadcasts of privately owned stations are available via satellite and cable feed; DR operates 4 nationwide FM radio stations, 15 digital audio broadcasting stations, and about 15 web-based radio stations; approximately 250 commercial and community radio stations (2007)


Internet country code:
.dk


Internet hosts:
4.297 million (2012)
country comparison to the world: 25


Internet users:
4.75 million (2009)
country comparison to the world: 48



Transportation


Airports
80 (2013)
country comparison to the world: 68


Airports - with paved runways
total:28
over 3,047 m:2
2,438 to 3,047 m:7
1,524 to 2,437 m:5
914 to 1,523 m:12
under 914 m:2 (2013)


Airports - with unpaved runways
total:52
914 to 1,523 m:5
under 914 m:
47 (2013)


Pipelines
condensate 11 km; gas 4,377 km; oil 647 km; oil/gas/water 2 km (2013)


Railways
total:2,667 kmcountry comparison to the world: 62
standard gauge:2,667 km 1.435-m gauge (640 km electrified) (2008)


Roadways
total:73,929 kmcountry comparison to the world: 63
paved:73,929 km (includes 1,143 km of expressways) (2012)


    Waterways
400 km (2010)
country comparison to the world: 88


Merchant marine
total:367country comparison to the world: 27
by type:bulk carrier 4, cargo 48, carrier 1, chemical tanker 125, container 94, liquefied gas 4, passenger 1, passenger/cargo 40, petroleum tanker 36, refrigerated cargo 3, roll on/roll off 8, specialized tanker 3
foreign-owned:27 (Germany 9, Greenland 1, Norway 2, Sweden 15)
registered in other countries:582 (Antigua and Barbuda 20, Bahamas 69, Belgium 4, Brazil 3, Curacao 1, Cyprus 6, Egypt 1, France 11, Gibraltar 7, Hong Kong 42, Isle of Man 30, Italy 4, Jamaica 1, Liberia 8, Lithuania 8, Luxembourg 1, Malaysia 1, Malta 34, Marshall Islands 7, Moldova 1, Netherlands 27, Norway 7, Panama 41, Philippines 2, Portugal 4, Saint Vincent and the Grenadines 9, Singapore 149, Sweden 4, UK 43, Uruguay 1, US 31, Venezuela 1, unknown 4) (2010)



Ports and terminals
major seaport(s):Baltic Sea - Aarhus, Copenhagen, Fredericia, Kalundborg; North Sea - Esbjerg,
river port(s):Aalborg (Langerak)
dry bulk cargo port(s):Ensted (coal)
cruise port(s):Copenhagen


Military


Military branches
Defense Command: Army Operational Command, Admiral Danish Fleet, Arctic Command, Tactical Air Command, Home Guard (2010)


Military service age and obligation
18 years of age for compulsory and voluntary military service; conscripts serve an initial training period that varies from 4 to 12 months according to specialization; reservists are assigned to mobilization units following completion of their conscript service; women eligible to volunteer for military service (2012)


Manpower available for military service
males age 16-49:1,236,337
females age 16-49:1,224,182 (2010 est.)


Manpower fit for military service
males age 16-49:1,014,560
females age 16-49:1,003,921 (2010 est.)


    Manpower reaching militarily significant age annually
male:37,913
female:35,865 (2010 est.)


Military expenditures
1.41% of GDP (2012)
country comparison to the world: 71
1.35% of GDP (2011)
1.41% of GDP (2010)


Transnational Issues


Disputes - international
Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm; Faroese continue to study proposals for full independence; sovereignty dispute with Canada over Hans Island in the Kennedy Channel between Ellesmere Island and Greenland; Denmark (Greenland) and Norway have made submissions to the Commission on the Limits of the Continental Shelf (CLCS) and Russia is collecting additional data to augment its 2001 CLCS submission


    Refugees and internally displaced persons
stateless persons:3,623 (2012)


Information provided by CIA - The World Fact Book



Doing Business in Denmark 2017


           
 

 
Denmark

  Ease of Doing Business Rank
Overall DTF
3
84.87
 
 
Starting a Business (rank)
24
 
 
Protecting Minority Investors (rank)
19
 
  DTF
94.07
 
  DTF
71.67
 
  Procedures - Men (number)
4.0
 
  Strength of minority investor protection index (0-10)
7.2
 
  Time - Men (number)
3.0
 
  Extent of conflict of interest regulation index (0-10)
6.7
 
  Cost - Men (days)
0.2
 
  Extent of disclosure index (0-10)
7.0
 
  Procedures - Women (days)
4.0
 
  Extent of director liability index (0-10)
5.0
 
  Time - Women (% of income per capita)
3.0
 
  Ease of shareholder suits index (0-10)
8.0
 
  Cost - Women (% of income per capita)
0.2
 
  Extent of shareholder governance index (0-10)
7.7
 
  Paid-in min. capital (% of income per capita)
13.9
 
  Extent of shareholder rights index (0-10)
8.0
 
 

 
  Extent of ownership and control index (0-10)
6.0
 
  Dealing with Construction Permits (rank)
6
 
  Extent of corporate transparency index (0-10)
9.0
 
  DTF
84.69
 
 

 
  Procedures (number)
7.0
 
  Paying Taxes (rank)
7
 
  Time (days)
64.0
 
  DTF
92.11
 
  Cost (% of warehouse value)
1.8
 
  Payments (number per year)
10.0
 
  Building Quality Control Index(0-15)
10.0
 
  Time (hours per year)
130.0
 
  Quality of building regulations index (0-2)
2.0
 
  Total tax rate (% of profit)
25.0
 
  Quality control before construction index (0-1)
1.0
 
  Profit tax (% of profit)
19.0
 
  Quality control during construction index (0-3)
3.0
 
  Labor tax and contributions (% of profit)
3.2
 
  Quality control after construction index (0-3)
3.0
 
  Other taxes (% of profit)
2.8
 
  Liability and insurance regimes index (0-2)
1.0
 
  Postfiling index (0-100)
92.6
 
  Professional certifications index (0-4)
0.0
 
 
 
 
   
 
 
  Trading Across Borders (rank)
1
 
  Getting Electricity (rank)
14
 
  DTF
100.00
 
  DTF
90.20
 
  Time to export: Border compliance (hours)
0
 
  Procedures (number)
4.0
 
  Cost to export: Border compliance (USD)
0
 
  Time (days)
38.0
 
  Time to export: Documentary compliance (hours)
1
 
  Cost (% of income per capita)
109.4
 
  Cost to export: Documentary compliance (hours) (USD)
0
 
  Reliability of supply and transparency of tariff index (0-8)
7.0
 
  Time to import: Border compliance (hours)
0
 
  Total duration and frequency of outages per customer a year (0-3)
3.0
 
  Cost to import: Border compliance (USD)
0
 
  Mechanisms for monitoring outages (0-1)
1.0
 
  Time to import: Documentary compliance (hours)
1
 
  Mechanisms for restoring service (0-1)
1.0
 
  Cost to import: Documentary compliance (USD)
0
 
  Regulatory monitoring (0-1)
1.0
 
   
 
 
  Financial deterrents aimed at limiting outages (0-1)
0.0
 
  Enforcing Contracts (rank)
24
 
  Communication of tariffs and tariff changes (0-1)
1.0
 
  DTF
71.23
 
  Price of electricity (US cents per kWh)
22.5
 
  Time (days)
380.0
 
   
 
 
  Cost (% of claim)
23.3
 
  Registering Property (rank)
12
 
  Quality of judicial processes index (0-18)
11.0
 
  DTF
89.88
 
   
 
 
  Procedures (number)
3.0
 
  Resolving Insolvency (rank)
8
 
  Time (days)
4.0
 
  DTF
84.86
 
  Cost (% of property value)
0.6
 
  Recovery rate (cents on the dollar)
88.0
 
  Quality of the land administration index (0-30)
24.5
 
  Time (years)
1.0
 
  Reliability of infrastructure index (0-8)
7.0
 
  Cost (% of estate)
4.0
 
  Transparency of information index (0-6)
3.0
 
  Outcome (0 as piecemeal sale and 1 as going concern)
1
 
  Geographic coverage index (0-8)
8.0
 
  Strength of insolvency framework index (0-16)
12.0
 
  Land dispute resolution index (0-8)
6.5
 
  Commencement of proceedings index (0-3)
3.0
 
  Equal access to property rights index (-2-0)
0.0
 
  Management of debtor's assets index (0-6)
6.0
 
 
 
 
  Reorganization proceedings index (0-3)
1.0
 
  Getting Credit (rank)
32
 
  Creditor participation index (0-4)
2.0
 
  DTF
70.00
 
   
 
 
  Strength of legal rights index (0-12)
8.0
 
   
 
 
  Depth of credit information index (0-8)
6.0
 
 
 
 
  Credit registry coverage (% of adults)
0.0
 
   
 
 
  Credit bureau coverage (% of adults)
7.4
 
 
 
 
 

 
   
 
 
 
 
 
 



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