Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Denmark
DNKPREND401IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.30
Year-over-Year Change
-15.76%
Date Range
1/1/2000 - 10/1/2023
Summary
This trend measures the total production and distribution of electricity, gas, steam, and air conditioning in Denmark. It provides important insights into the country's energy infrastructure and its overall economic activity.
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 Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Denmark series tracks the output of the utilities sector, a key indicator of a country's energy supply and economic conditions. Economists and policymakers use this data to analyze energy production, consumption patterns, and the broader industrial landscape.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on official statistics from Denmark.
Historical Context
This trend is widely used to assess the state of Denmark's energy markets and overall economic performance.
Key Facts
- Denmark is a major producer and exporter of energy in Europe.
- The utilities sector accounts for around 3% of Denmark's GDP.
- Renewable energy sources make up a significant portion of Denmark's electricity generation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total production and distribution of electricity, gas, steam, and air conditioning in Denmark.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Denmark's energy infrastructure and overall economic activity, making it relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on official statistics from Denmark.
Q: How is this trend used in economic policy?
A: This trend is widely used to assess the state of Denmark's energy markets and overall economic performance, informing policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is subject to regular updates from the U.S. Federal Reserve, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Denmark (DNKPREND401IXNBM), retrieved from FRED.