Denmark Economy

The people of Denmark are considered to be close relatives of the people of Norway and Sweden. It is a highly urbanized nation, with over 85 per cent of the population inhabiting the urban areas. The main religion is Lutheranism, which is followed by over 90 percent of the people. Most of the people speak Danish, which is the official language but English, the secondary language is also widely spoken.

Denmark has a rich cultural heritage and has gained recognition across the world, be it in terms of literature, painting, music or artwork. Literature plays an important role in Danish culture and has produced many renowned writers. As far as music is concerned, the capital Copenhagen houses the Danish Radio Symphony Orchestra, Royal Orchestra, and the Royal Danish Ballet

and a known name in this field is that of composer Carl August Nielsen, who was the conductor of the Royal Society and the Music Society in the late 19th and early 20th centuries.

Denmark is heavily into theaters and plays, which is often presented in The Royal Theater in Copenhagen. Besides this, the country is also famous for beautifully designed ceramics, silverware, porcelain, and home furnishings. Copenhagen has a permanent exhibition of arts and crafts where artisans from all over the country may display and sell their work.

The flag of Denmark is red with a white cross that extends to the edges of the flag and the vertical part of the cross is shifted to the hoist side.
Please click here to view the Flag of Denmark

Though agriculture forms the base for economy in Denmark, manufacturing and services have also gained importance, especially by the end of World War II. This has led to a decline in the labor force in agriculture, say from 14 percent in 1965 to 4 percent in 1998. Today, Danish ships, which operate in foreign waters, contribute substantially to the economy. The country is also profitably involved in foreign investments, shipbuilding, and foreign construction. The national budget in 2000 showed $58 billion in revenues and $56 billion in
expenditures. In 2001, the gross domestic product (GDP) was rated at $161.5 billion.

Information on Denmark, Its Geography & History