Industrial production in Denmark plunged 10.9 percent year-on-year in October 2020, following a downwardly revised 1.2 percent fall in the previous month. It was the eighth straight month of decline in industrial production, and the steepest drop since July. On a seasonally adjusted monthly basis, industrial production fell 5.8 percent in October, after a downwardly revised 2.1 percent growth in September. source: Statistics Denmark

Industrial Production in Denmark averaged 0.05 percent from 2001 until 2020, reaching an all time high of 15.40 percent in November of 2016 and a record low of -22.20 percent in April of 2009. This page provides the latest reported value for - Denmark Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Industrial Production in Denmark is expected to be -9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Denmark to stand at 16.00 in 12 months time. In the long-term, the Denmark Industrial Production is projected to trend around 7.00 percent in 2021 and 1.20 percent in 2022, according to our econometric models.

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Denmark Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-10.90 -1.20 15.40 -22.20 2001 - 2020 percent Monthly
2015=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2020-09-07 06:00 AM Jul -14.6% -1.7% 0.9%
2020-10-07 06:00 AM Aug -7.7% -14.6% -11%
2020-11-06 07:00 AM Sep -1.4% -8.1% -7.3%
2020-12-07 07:00 AM Oct -10.9% -1.2% -2.5%
2021-01-08 07:00 AM Nov -10.9% -6.5%
2021-02-08 07:00 AM Dec
2021-03-08 07:00 AM Jan
2021-04-12 06:00 AM Feb

Denmark Industrial Production
In Denmark, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 96 percent of total production. The biggest segments within Manufacturing are: food products, beverages and tobacco (23 percent of total production); machinery (19 percent); pharmaceuticals (12 percent); chemicals and oil refineries (10 percent); furniture and other manufacturing (8 percent); basic metals and fabricated metal products (7 percent); and plastic, glass and concrete (5 percent). Mining and quarrying account for 4 percent of total output.