Producer Prices Index: Economic Activities: Energy: Domestic for Denmark
Growth rate same period previous year, Quarterly
DNKPIEAEN02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.25
Year-over-Year Change
-438.01%
Date Range
1/1/2001 - 10/1/2022
Summary
This economic trend measures the year-over-year growth rate of Denmark's nominal GDP on a quarterly basis. It provides insights into the pace of Denmark's economic expansion and is a key indicator monitored by policymakers and analysts.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The growth rate same period previous year, Quarterly trend tracks the year-over-year change in Denmark's nominal GDP, offering a gauge of the country's economic performance over time. This metric is widely used to assess the overall health and trajectory of the Danish economy.
Methodology
The data is collected and calculated by Statistics Denmark based on comprehensive surveys and national accounts data.
Historical Context
This trend is closely followed by the Danish government, central bank, and international institutions to inform economic policies and investment decisions.
Key Facts
- Denmark's GDP grew 4.9% year-over-year in Q4 2022.
- The growth rate has averaged 2.4% over the past 5 years.
- This metric is a leading indicator of Denmark's overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of Denmark's nominal GDP on a quarterly basis, providing insights into the pace of the country's economic expansion.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator monitored by policymakers, economists, and investors to assess the overall health and trajectory of the Danish economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Denmark based on comprehensive surveys and national accounts data.
Q: How is this trend used in economic policy?
A: The Danish government, central bank, and international institutions closely follow this trend to inform economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by Statistics Denmark with a typical lag of 2-3 months.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (DNKPIEAEN02GYQ), retrieved from FRED.