Denmark Retail Sales Growth

2001 - 2023 | Monthly | % | CEIC Data

Key information about Denmark Retail Sales Growth

  • Denmark Retail Sales grew 0.4 % YoY in May 2023, compared with a 3.9 % decrease in the previous month.
  • Denmark Retail Sales Growth YoY data is updated monthly, available from Jan 2001 to May 2023, with an average growth rate of 0.9 %.
  • The data reached an all-time high of 21.2 % in Mar 2021 and a record low of -10.5 % in Mar 2022.
  • In the latest reports, Car Sales of Denmark recorded 181,016.0 units in Dec 2022, representing a drop of 18.4 %.

CEIC calculates monthly Retail Sales: Incl. Motor Vehicles Growth from monthly Retail Trade Volume Index. Statistics Denmark provides Retail Trade Index with base 2015=100.

View Denmark's Retail Sales Growth from Jan 2001 to May 2023 in the chart:

Denmark Retail Sales Growth

What was Denmark's Retail Sales Growth in May 2023?

Denmark Retail Sales grew 0.4 % YoY in May 2023, compared with a 3.9 % decrease in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.4 May 2023 -3.9 Apr 2023 -10.5 Mar 2022 21.2 Mar 2021 % monthly Jan 2001 - May 2023

Retail Sales Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.5 Mar 2023 monthly Jan 2006 - Mar 2023
Argentina (%) -3.3 Dec 2024 monthly Jan 2018 - Dec 2024
Armenia (%) 6.6 Dec 2024 monthly Jan 2001 - Dec 2024
Australia (%) 4.2 May 2023 monthly Apr 1983 - May 2023
Austria (%) 3.3 Nov 2024 monthly Jan 2007 - Nov 2024
Azerbaijan (%) 7.8 Jan 2025 monthly Dec 2007 - Jan 2025
Belarus (%) 12.2 Jan 2025 monthly Oct 2008 - Jan 2025
Belgium (%) -4.4 Dec 2024 monthly Jan 2007 - Dec 2024
Bosnia and Herzegovina (%) 15.4 Apr 2023 monthly Jan 2013 - Apr 2023
Brazil (%) 4.1 Dec 2024 monthly Jan 2001 - Dec 2024
Bulgaria (%) -0.6 Apr 2023 monthly Jan 2001 - Apr 2023
Canada (%) 1.1 Apr 2023 monthly Jan 1992 - Apr 2023
Chile (%) 5.8 Dec 2024 monthly Jan 2015 - Dec 2024
China (%) 12.7 May 2023 monthly Jan 1994 - May 2023
Colombia (%) 5.5 Dec 2024 monthly Jan 2014 - Dec 2024
Croatia (%) 3.3 Apr 2023 monthly Jan 2001 - Apr 2023
Cyprus (%) 3.6 Dec 2024 monthly Jan 2006 - Dec 2024
Czech Republic (%) 5.5 Dec 2024 monthly Jan 2001 - Dec 2024
Denmark (%) 0.4 May 2023 monthly Jan 2001 - May 2023
Egypt (%) 1.4 2020 yearly 1996 - 2020
Estonia (%) -1.3 Sep 2024 quarterly Mar 1996 - Sep 2024
European Union (%) 2.3 Dec 2024 monthly Jan 2000 - Dec 2024
Finland (%) -0.3 Jan 2025 monthly Jan 1996 - Jan 2025
France (%) 1.6 Dec 2024 monthly Jan 1996 - Dec 2024
Georgia (%) 6.8 Sep 2024 quarterly Mar 2010 - Sep 2024
Germany (%) -4.4 Apr 2023 monthly Jan 1995 - Apr 2023
Greece (%) 0.9 Nov 2024 monthly Jan 2001 - Nov 2024
Hong Kong SAR, China (%) 16.6 May 2023 monthly Jan 1982 - May 2023
Hungary (%) 0.2 Dec 2024 monthly Jan 2001 - Dec 2024
Iceland (%) 6.6 Aug 2024 monthly Feb 2002 - Aug 2024
Indonesia (%) 0.0 May 2023 monthly Jan 2011 - May 2023
Ireland (%) -0.1 Jan 2025 monthly Jan 2006 - Jan 2025
Israel (%) 2.1 Dec 2024 monthly Jan 1998 - Dec 2024
Italy (%) 1.5 Dec 2024 monthly Jan 2001 - Dec 2024
Japan (%) 5.2 Apr 2023 monthly Oct 1992 - Apr 2023
Kazakhstan (%) 5.4 May 2023 monthly Jan 2006 - May 2023
South Korea (%) -0.7 Apr 2023 monthly Jan 1996 - Apr 2023
Kyrgyzstan (%) 10.7 2022 yearly 1990 - 2022
Latvia (%) 2.4 Dec 2024 monthly Jan 2001 - Dec 2024
Lithuania (%) 1.5 Jan 2025 monthly Jan 1999 - Jan 2025
Luxembourg (%) 11.4 Jan 2025 monthly Jan 2006 - Jan 2025
Macau SAR, China (%) -9.3 Dec 2024 quarterly Mar 2002 - Dec 2024
North Macedonia (%) -0.2 Jan 2025 monthly Jan 2011 - Jan 2025
Malaysia (%) 12.9 Apr 2023 monthly Jan 2014 - Apr 2023
Malta (%) 4.3 Dec 2024 quarterly Mar 2001 - Dec 2024
Mexico (%) 4.6 Apr 2023 monthly Jan 2002 - Apr 2023
Moldova (%) 10.8 Dec 2024 monthly Jan 2011 - Dec 2024
Mongolia (%) 14.9 Dec 2023 quarterly Mar 2012 - Dec 2023
Montenegro (%) 8.5 Apr 2023 monthly Jan 2007 - Apr 2023
Netherlands (%) -4.2 May 2023 monthly Jan 2001 - May 2023
New Zealand (%) 0.4 Dec 2024 quarterly Sep 1996 - Dec 2024
Norway (%) 2.6 Jan 2025 monthly Jan 1980 - Jan 2025
Palestinian Territory (%) -0.2 2018 yearly 2011 - 2018
Peru (%) 4.8 Aug 2024 monthly Jan 2015 - Aug 2024
Poland (%) -1.8 Apr 2023 monthly Jan 2001 - Apr 2023
Portugal (%) 3.1 May 2023 monthly Jan 2001 - May 2023
Qatar (%) 6.9 2021 yearly 1987 - 2021
Romania (%) 7.8 Dec 2024 monthly Jan 2001 - Dec 2024
Russia (%) 5.2 Dec 2024 monthly Jan 1994 - Dec 2024
Serbia (%) -6.2 May 2023 monthly Dec 2004 - May 2023
Singapore (%) -4.2 Dec 2024 monthly Jan 1986 - Dec 2024
Slovakia (%) 10.1 Dec 2024 monthly Jan 2001 - Dec 2024
Slovenia (%) 3.2 Jan 2025 monthly Jan 2001 - Jan 2025
South Africa (%) 3.2 Dec 2024 monthly Jan 2003 - Dec 2024
Spain (%) 3.1 Dec 2023 monthly Jan 2001 - Dec 2023
Sweden (%) -3.9 May 2023 monthly Jan 1991 - May 2023
Switzerland (%) -3.4 Apr 2023 monthly Jan 2001 - Apr 2023
Taiwan (%) 1.7 Feb 2022 monthly Jan 2000 - Feb 2022
Thailand (%) 0.5 Mar 2023 monthly Jan 1996 - Mar 2023
Turkey (%) 11.2 Dec 2023 monthly Jan 2011 - Dec 2023
Ukraine (%) -3.1 Dec 2022 monthly Jan 2008 - Dec 2022
United Kingdom (%) -2.1 May 2023 monthly Jan 1997 - May 2023
United States (%) 1.0 May 2023 monthly Jan 1993 - May 2023
Uzbekistan (%) -4.0 Apr 2023 monthly Jan 2019 - Apr 2023
Venezuela (%) -53.5 Jan 2019 monthly Jan 2005 - Jan 2019
Vietnam (%) 8.6 Jan 2025 monthly Sep 2004 - Jan 2025

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Denmark Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 3.5 Sep 2024 quarterly Dec 1999 - Sep 2024
Consolidated Fiscal Balance (USD mn) 3,083.691 Sep 2024 quarterly Mar 1999 - Sep 2024
Tax Revenue (USD mn) 46,725.960 Sep 2024 quarterly Mar 1999 - Sep 2024
Tax Revenue: % of GDP (%) 43.0 Sep 2024 quarterly Mar 1999 - Sep 2024
National Government Debt (USD mn) 144,478.2 Sep 2024 quarterly Mar 2000 - Sep 2024
Government Debt: % of GDP (%) 33.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Forecast: Government Expenditure (DKK bn) 1,663.394 2029 yearly 1980 - 2029
Forecast: Government Net Debt (DKK bn) 925.965 2029 yearly 1992 - 2029
Forecast: Government Revenue (DKK bn) 1,661.452 2029 yearly 1980 - 2029
General Government: Overall Surplus (DKK mn) 20,936.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Expenditure: Capital (DKK mn) 29,967.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Revenue (DKK mn) 356,936.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Expenditure (DKK mn) 336,001.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Expenditure: Current (DKK mn) 268,269.000 Dec 2018 quarterly Mar 1999 - Dec 2018
General Government Revenue: Current: Taxes on Production and Imports: ow Value A... (DKK mn) 57,510.000 Dec 2018 quarterly Mar 1999 - Dec 2018
General Government Revenue: Current (DKK mn) 290,258.000 Dec 2018 quarterly Mar 1999 - Dec 2018
Central Government Debt: Gross: Foreign (DKK bn) 22.556 Jan 2025 monthly Dec 1990 - Jan 2025
Central Government Debt: Gross: Domestic (DKK bn) 579.100 Jan 2025 monthly Dec 1990 - Jan 2025
Central Government Debt: Gross (DKK bn) 601.657 Jan 2025 monthly Dec 1990 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.870 2029 yearly 1980 - 2029
Trade Balance (USD mn) 5,222.0 Dec 2024 monthly Jan 1997 - Dec 2024
Total Exports (USD mn) 15,976.3 Dec 2024 monthly Jan 1997 - Dec 2024
Total Exports Growth (%) 17.3 Dec 2024 monthly Jan 1998 - Dec 2024
Aluminum: Exports (USD th) 921,217.264 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 10,765,440.512 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 4,743,223.619 2023 yearly 1995 - 2023
Total Imports (USD mn) 10,754.3 Dec 2024 monthly Jan 1997 - Dec 2024
Total Imports Growth (%) 0.3 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: Medicament (USD th) 3,961,183.575 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 1,632,019.274 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 847.727 Dec 2024 monthly Jan 1975 - Dec 2024
Total Imports from USA (USD mn) 639.636 Dec 2024 monthly Jan 1975 - Dec 2024
Total Exports to China (USD mn) 383.569 Dec 2024 monthly Jan 1975 - Dec 2024
Total Imports from China (USD mn) 881.644 Dec 2024 monthly Jan 1975 - Dec 2024
Natural Gas Exports: Sweden (TJ) 1,837.036 Dec 2024 monthly Jan 2002 - Dec 2024
Natural Gas Exports: Germany (TJ) 331.595 Dec 2024 monthly Jan 2002 - Dec 2024
Natural Gas Exports: Netherlands (TJ) 5,977.642 Dec 2024 monthly Jan 2002 - Dec 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -2,580.3 Dec 2024 monthly Jan 1999 - Dec 2024
Current Account Balance (USD mn) 5,296.0 Apr 2023 monthly Jan 2005 - Apr 2023
Current Account Balance: % of GDP (%) 17.5 Dec 2024 quarterly Mar 1990 - Dec 2024
Foreign Direct Investment (USD mn) -8,630.0 Dec 2024 monthly Jan 1999 - Dec 2024
Foreign Direct Investment: % of GDP (%) 4.1 Dec 2024 quarterly Mar 1999 - Dec 2024
Foreign Portfolio Investment (USD mn) 528.579 Dec 2024 quarterly Mar 1999 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) 0.4 Dec 2024 quarterly Mar 1999 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 673.5 Jun 2024 quarterly Mar 1975 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 9,659.746 Jun 2024 quarterly Mar 1975 - Jun 2024
External Debt (USD mn) 589,783.1 Sep 2024 quarterly Dec 2005 - Sep 2024
External Debt: % of GDP (%) 132.3 2023 yearly 2005 - 2023
External Debt: Short Term (USD mn) 260,282.0 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: Short Term: % of GDP (%) 58.5 2023 yearly 2005 - 2023
Total Debt: % of GDP (%) 833.8 2023 yearly 1994 - 2023
Forecast: Current Account Balance (USD bn) 42.035 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 243,075.992 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Current Account: Secondary Income (DKK mn) -2,308.600 Dec 2024 monthly Jan 2005 - Dec 2024
Balance of Payments (BoP): Current Account (DKK mn) 48,545.400 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: Current Account: Goods and Services: Services (DKK mn) 3,793.800 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: Current Account: Primary Income (DKK mn) 11,393.600 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: Current Account: Goods and Services (DKK mn) 39,460.400 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: Current Account: Goods and Services: Goods f.o.b (DKK mn) 35,666.700 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: Net Errors and Omissions (DKK mn) -35,901.400 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Assets: Portfolio Investments (DKK mn) 54,468.000 Dec 2024 monthly Jan 2005 - Dec 2024
Balance of Payment (BoP): Financial Account (FA): Net Assets (DKK mn) 12,068.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Liabilities: Other Investments (DKK mn) -10,601.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Net Assets: Other Investments (DKK mn) -107,713.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Liabilities: Portfolio Investments (DKK mn) -31,024.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Net Assets: Reserve Assets (DKK mn) -4,673.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Assets: Reserve Assets (DKK mn) -4,673.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Assets: Direct Investments (DKK mn) -18,377.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Net Assets: Direct Investments (DKK mn) 43,087.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Liabilities (DKK mn) -156,846.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Net Assets: Financial Derivatives (DKK mn) -4,124.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Assets (DKK mn) -144,778.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Liabilities: Direct Investments (DKK mn) -61,464.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Assets: Financial Derivatives (DKK mn) -57,881.000 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: Net Assets: Portfolio Investments (DKK mn) 85,492.000 Dec 2024 monthly Jan 2005 - Dec 2024
International Investment Position (IIP): Liabilities (DKK mn) 9,398,066.000 Sep 2024 quarterly Mar 2005 - Sep 2024
International Investment Position (IIP): Assets (DKK mn) 11,023,977.000 Sep 2024 quarterly Mar 2005 - Sep 2024
International Investment Position (IIP): Net (DKK mn) 1,625,911.000 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross External Debt (DKK bn) 3,945.000 Sep 2024 quarterly Dec 2005 - Sep 2024
Gross External Debt: Short Term (DKK bn) 1,741.000 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross External Debt: Long Term (DKK bn) 2,204.000 Sep 2024 quarterly Dec 2005 - Sep 2024
Danish Direct Investment (DKK bn) -22.582 Jun 2024 quarterly Mar 2005 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.9 Sep 2024 quarterly Dec 2010 - Sep 2024
Household Debt: % of GDP (%) 92.2 2023 yearly 1994 - 2023
Money Supply M1 (USD mn) 186,387.350 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply M2 (USD mn) 203,577.099 Aug 2017 monthly Jan 1995 - Aug 2017
M2 Growth (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Foreign Exchange Reserves (USD mn) 77,769.8 Dec 2024 monthly Jan 2002 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 18.979 Dec 2024 quarterly Mar 2002 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 7.6 Dec 2024 monthly Jan 2002 - Dec 2024
Gold Reserves (USD mn) 5,524.248 Dec 2024 monthly Jan 1962 - Dec 2024
Total Deposits (USD mn) 285,333.274 Dec 2024 monthly Jan 2003 - Dec 2024
Total Deposits Growth (%) 3.9 Dec 2024 monthly Jan 2004 - Dec 2024
Domestic Credit (USD mn) 730,243.0 Nov 2024 monthly Dec 2001 - Nov 2024
Domestic Credit Growth (%) -10.2 Nov 2024 monthly Dec 2002 - Nov 2024
Debt Service Ratio: Households (%) 12.400 Jun 2024 quarterly Mar 1999 - Jun 2024
Debt Service Ratio: Private Non-Financial Sector (%) 26.200 Jun 2024 quarterly Mar 1999 - Jun 2024
Credit to Households (USD bn) 353.386 Jun 2024 quarterly Dec 1994 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 888.727 Jun 2024 quarterly Sep 1953 - Jun 2024
Household Debt (USD mn) 383,590.8 2023 yearly 1994 - 2023
Total Loans (USD mn) 113,756.544 Dec 2024 monthly Oct 2013 - Dec 2024
Total Loans Growth (%) 5.88 Dec 2024 monthly Oct 2014 - Dec 2024
Private Debt: % of Nominal GDP (%) 27.76 Dec 2024 quarterly Dec 2013 - Dec 2024
Money Supply: M3: M2 (DKK bn) 1,825.743 Jan 2025 monthly Jan 1991 - Jan 2025
Money Supply: M3: M2: M1 (DKK bn) 1,549.223 Jan 2025 monthly Jan 1991 - Jan 2025
Money Supply: M2: sa (DKK bn) 1,272.968 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply: M2: M1: sa (DKK bn) 1,165.480 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply: M3 (DKK bn) 2,011.174 Jan 2025 monthly Jan 1991 - Jan 2025
Official Reserve Assets: Foreign Currency Reserves (FC) (DKK bn) 386.300 Dec 2024 monthly Jan 2002 - Dec 2024
Official Reserve Assets (DKK bn) 679.200 Dec 2024 monthly Dec 1999 - Dec 2024
Official Reserve Assets: Gold (DKK bn) 17.800 Dec 2018 monthly Dec 1999 - Dec 2018
Payment Cards: Transactions: Value: Issued in Denmark (DKK mn) 211,930.000 Sep 2024 quarterly Mar 2016 - Sep 2024
Payment Cards: Transactions: Value: Issued Abroad (DKK mn) 14,419.000 Sep 2024 quarterly Mar 2016 - Sep 2024
Banks Loans: Outstanding: Total (DKK mn) 1,369,526.800 Dec 2024 monthly Oct 2013 - Dec 2024
Banks Loans: Outstanding: Households (DKK mn) 446,423.800 Dec 2024 monthly Oct 2013 - Dec 2024
Banks Loans: Outstanding: Financial Corporations (DKK mn) 530,123.800 Dec 2024 monthly Oct 2013 - Dec 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 9.8 Jan 2025 monthly Jan 1986 - Jan 2025
Business Sentiment Indicator: Retail Trade (1998-2024=100) 102.400 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Industry (1998-2024=100) 107.300 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Construction (1998-2024=100) 102.000 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Service Sector (1998-2024=100) 107.100 Feb 2025 monthly Apr 2000 - Feb 2025

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