Strong business environment amid high geopolitical risks
AA1
LOW RISK for entreprise
-
Economic risk
-
Business environment risk
-
Political risk
-
Commercial risk
-
Financing risk
-
Economic risk
-
Business environment risk
-
Political risk
-
Commercial risk
-
Financing risk
Last updated in July 2024.
Swipe to view more
GDP | USD395.4bn (World ranking 40, World Bank 2022) |
Population | 5.9mn (World ranking 113, World Bank 2022) |
Form of state | Constitutional Monarchy |
Head of state | Mette Frederiksen (PM) |
Next elections | 2026, legislative |
Strengths & Weaknesses
- Strong business environment
- Healthy public finances
- High institutional effectiveness
- Highly skilled workforce
- Exposed housing market
- Small and open economy
- High tax burden
- High amount of regulatory requirements
Economic Overview
Trade structure by destination/origin
(% of total, annual 2022)
Exports | Rank | Imports |
---|---|---|
Germany
15.8%
|
1 |
20.1%
Germany
|
Sweden
10.5%
|
2 |
12.3%
Sweden
|
United States
9.4%
|
3 |
8.6%
Netherlands
|
Netherlands
6.7%
|
4 |
8.4%
China
|
Norway
5.3%
|
5 |
4.5%
Poland
|
Trade structure by product
(% of total, annual 2022)
Exports | Rank | Imports |
---|---|---|
Medicinal and pharmaceutical products
10.3%
|
1 |
7.1%
Road vehicles
|
Other industrial machinery and parts
7.0%
|
2 |
6.6%
Petroleum, petroleum products and related materials
|
Meat and meat preparations
4.4%
|
3 |
5.4%
Articles of apparel & clothing accessories
|
Petroleum, petroleum products and related materials
3.9%
|
4 |
5.2%
Electrical machinery, apparatus and appliances, n.e.s.
|
Articles of apparel & clothing accessories
3.7%
|
5 |
4.8%
Medicinal and pharmaceutical products
|
Collection Complexity
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
Contact
Read our latest reports
-
Americas
-
Europe
-
Asia Pacific
-
Middle East
-
Africa