Skip to content
DKK live macro board

Denmark Macro Data Board

Danish krone — pegged to the euro within ERM II under one of the world's longest-running currency arrangements.

The Danish krone (DKK) is the official currency of Denmark. Since 1999 it has participated in the European Exchange Rate Mechanism II (ERM II), maintaining a central rate of 7.46038 DKK per euro within a narrow ±2.25% band.

Denmark latest macro readings

A scan-ready view of the main DKK indicators, linking each series to its country page, latest announcement, and API endpoint.

Indicator Latest Previous Change Updated Source Links
Inflation Rate (CPI/HICP)
Economy
2.2 2 +0.2 2026-10-12 Statistics Denmark Page /Release /API
Core Inflation
Economy
1.9 2.2 -0.3 2026-10-12 ABS Page /Release /API
Producer Price Index (PPI)
Economy
6.8 5.2 +1.6 2026-09-15 Statistics Denmark Page /Release /API
Gross Domestic Product (GDP)
Economy
803.513 787.599 +15.914 2026-08-20 Statistics Denmark Page /Release /API
Unemployment Rate
Labor Market
3.1 3.1 0 2026-09-30 Statistics Denmark Page /Release /API
Trade Balance
Economy
21,352.20 31,859.90 -10,507.70 2026-10-09 Statistics Denmark Page /Release /API
10-Year Government Bond Yield
Government Bond Yields
2.31 2.33 -0.02 2026-06-30 Nationalbanken Page /API
Business Confidence
Economy
53.55 53.3 +0.25 2026-09-23 Statistics Denmark Page /Release /API
Consumer Confidence
Economy
43.15 43.45 -0.3 2026-09-22 Statistics Denmark Page /Release /API
Current Account Balance
Economy
34,515.70 43,302.70 -8,787 2026-10-09 Statistics Denmark Page /Release /API
Inflation MoM
Economy
0 -0.3 +0.3 2026-10-12 Statistics Denmark Page /Release /API
Trade-Weighted Index (NEER)
Economy
105.16 104.82 +0.34 2026-09-15 Nationalbanken Page /Release /API

Denmark release calendar

Upcoming and recent macro events for the DKK country view.

Tracked
Employment Level Statistics Denmark scheduled releases

Employees

Latest
--
Prior
--
Tracked
Retail Sales Statistics Denmark scheduled releases

Retail Sales

Latest
--
Prior
--
Tracked
Narrow Money (M1) Danmarks Nationalbank release calendar

M1 Money Supply

Latest
--
Prior
--
Tracked
M2 Money Supply Danmarks Nationalbank release calendar

M2 Money Supply

Latest
--
Prior
--
Tracked
Broad Money (M3) Danmarks Nationalbank release calendar

M3 Money Supply

Latest
--
Prior
--

DKK currency market profile

Core identifiers, trading context, and product links for the DKK market.

Currency code
DKK

Danish Krone

Policy institution
Danmarks Nationalbank

Primary central-bank or monetary authority reference.

Primary USD pair
USD/DKK

Fast path into the FX pair dashboard and market profile.

Trading session
London

Approximate primary liquidity window used across FXMacroData pages.

Symbol
kr

Display symbol used in product surfaces.

Also known as
danish krone

Common market shorthand where available.

Denmark macro brief

The highest-signal pages for Denmark include Inflation Rate (CPI/HICP), Core Inflation, Producer Price Index (PPI), Gross Domestic Product (GDP), with each page linking back to the source metadata, release history, and API endpoint.

Danmarks Nationalbank does not pursue an independent inflation target. Its primary objective is to keep EUR/DKK close to the central parity, achieved through matching the ECB's policy moves and intervening in the FX market when needed.

For DKK research, combine the country-level release map with the USD/DKK dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.

The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.

What to watch
  • Danmarks Nationalbank certificate-of-deposit (CD) rate.
  • EUR/DKK spot near the 7.46 central rate.
  • Monthly FX reserve disclosures.
  • ECB monetary policy decisions.
  • Danish CPI and labour-market data.

Denmark source map

Publisher groups represented in the checked-in coverage catalogue for this market.

Statistics Denmark 15 series
Nationalbanken 9 series
Central Bank 3 series
IMF IFS 2 series
ABS 1 series
National Statistics Office 1 series

Denmark coverage by category

The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.

Economy 10 / 11
Labor Market 1 / 6
Money & Credit 0 / 3
Monetary Policy 1 / 2
Government Bond Yields 1 / 5
Additional Indicators 1 / 4

Key Denmark indicators

Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly %YoY Starts 2001-12-31 Economy

Core Inflation

CPI excluding volatile items like food and energy.

Published page Quarterly %YoY Starts pending Economy

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly %YoY Starts 2001-01-31 Economy

Gross Domestic Product (GDP)

Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.

Published page Quarterly DKK bn Starts 2000-03-31 Economy

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Monthly % Starts 2007-01-31 Labor Market

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly DKK mn Starts 2010-01-31 Economy

10-Year Government Bond Yield

Published page Monthly % Starts 1990-01-31 Government Bond Yields

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Published page Monthly Index (0-100 normalized) Starts 2010-01-31 Economy

Published Denmark indicator pages

Filter by indicator name, source, cadence, or category.

Economy 10 pages

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Monthly Index (0-100 normalized) Starts 2010-01-31

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Monthly Index (0-100 normalized) Starts 2010-01-31

Core Inflation

CPI excluding volatile items like food and energy.

Quarterly %YoY Starts pending

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly DKK mn Starts 2010-01-31

Gross Domestic Product (GDP)

Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.

Quarterly DKK bn Starts 2000-03-31

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Starts 2001-12-31

Inflation MoM

Month-over-month change in the consumer price index, measuring short-term inflationary momentum.

Monthly %MoM Starts 2010-01-31

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Starts 2001-01-31

Trade Balance

The difference between the value of a country's exports and imports.

Monthly DKK mn Starts 2010-01-31

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) Starts 2010-01-31
Labor Market 1 pages

Unemployment Rate

Percentage of the labor force that is unemployed.

Monthly % Starts 2007-01-31
Monetary Policy 1 pages
Government Bond Yields 1 pages
Additional Indicators 1 pages

House Prices

Residential property price index covering existing and newly built dwellings.

Quarterly %QoQ Starts 1992-06-30

Tracked Denmark data catalogue

Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.

Economy 11 tracked

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Published page Monthly Statistics Denmark Starts 2010-01-31

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Published page Monthly Statistics Denmark Starts 2010-01-31

Current Account Balance

Measures trade in goods and services and income flows.

Published page Quarterly Statistics Denmark Starts 2010-01-31

Gross Domestic Product (GDP)

Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.

Published page Quarterly Statistics Denmark Starts 2000-03-31

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly Statistics Denmark Starts 2001-12-31

Inflation MoM

Month-over-month change in the consumer price index, measuring short-term inflationary momentum.

Published page Monthly Statistics Denmark Starts 2010-01-31

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly Statistics Denmark Starts 2001-01-31

Retail Sales

Measures change in the total value of sales at the retail level.

Tracked in catalogue Monthly Statistics Denmark Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly Statistics Denmark Starts 2010-01-31

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Published page Monthly Nationalbanken Starts 2010-01-31
Labor Market 6 tracked

Employment Level

Total number of employed persons.

Tracked in catalogue Quarterly Statistics Denmark Starts pending

Full-Time Employment

Number of persons employed full-time.

Tracked in catalogue Quarterly Statistics Denmark Starts pending

Part-Time Employment

Number of persons employed part-time.

Tracked in catalogue Quarterly Statistics Denmark Starts pending

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Tracked in catalogue Quarterly Statistics Denmark Starts pending

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Monthly Statistics Denmark Starts 2007-01-31

Average Weekly Earnings / Wages

Measures nominal wage growth.

Tracked in catalogue Quarterly Statistics Denmark Starts pending
Money & Credit 3 tracked

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Tracked in catalogue Monthly Nationalbanken Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Tracked in catalogue Monthly Nationalbanken Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Tracked in catalogue Monthly Nationalbanken Starts pending
Monetary Policy 2 tracked

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Tracked in catalogue As-needed Nationalbanken Starts 2010-01-08
Government Bond Yields 5 tracked

2-Year Government Bond Yield

Tracked in catalogue Monthly IMF IFS Starts pending

3-Year Government Bond Yield

Tracked in catalogue Monthly Nationalbanken Starts pending

5-Year Government Bond Yield

Tracked in catalogue Monthly IMF IFS Starts pending

Inflation-Linked Bond Yield

Tracked in catalogue Monthly Nationalbanken Starts pending
Additional Indicators 4 tracked

Central Bank Reserves - Domestic Currency

Tracked in catalogue Monthly Central Bank Starts pending

Central Bank Reserves - Foreign Currency

Tracked in catalogue Monthly Central Bank Starts pending

Central Bank Reserves - Gold

Tracked in catalogue Monthly Central Bank Starts pending

House Prices

Residential property price index covering existing and newly built dwellings.

Published page Quarterly National Statistics Office Starts 1992-06-30

Denmark guides and research

Explainers and analysis about Denmark and the DKK, with the by-country tables that put its numbers in context.

Denmark Government Bond Yields and Prices: DKK Guide

A country-specific guide to Denmark government bond yields and prices, the DKK curve, monetary-policy and issuance drivers, FX transmission and the latest yields by maturity.

Learn Macro

Danish Krone (DKK) Data Coverage: Indicators, Sources and Release Times

What FXMacroData serves for the Danish krone: 14 Statistics Denmark, Danmarks Nationalbank and BIS series, from the certificate of deposit rate and CPI to GDP, trade...

Product

FXMacroData vs Statistics Denmark API: Danish Macro Data and the DKK Peg

A buyer-guide comparison of the Statistics Denmark StatBank API and FXMacroData for FX traders and developers who need Danish CPI, GDP, and Nationalbanken policy-rate...

Learn Macro

Compare Denmark with other countries

Risk-free rates by country

The overnight benchmark rate for each currency, side by side.

Policy rates by country

Current central-bank policy rates across every covered market.

Inflation by country

Latest annual consumer price inflation for each market.

Government bond yields by country

Sovereign yields by maturity across covered markets.

DKK market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

EUR/DKK position relative to the 7.46038 central rate.

Driver 2

ECB policy-rate decisions, which Danmarks Nationalbank typically follows.

Driver 3

Danmarks Nationalbank FX reserves (a proxy for intervention).

Driver 4

Spread between Danish and German short-term rates.

Driver 5

Periodic stress in the krone peg around large flow events.

DKK questions traders ask

Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.

Is the Danish krone pegged to the euro?

Yes. Denmark participates in ERM II with a central rate of 7.46038 DKK per euro and a ±2.25% band, although in practice Danmarks Nationalbank keeps EUR/DKK in a much tighter range.

Why didn't Denmark join the euro?

Denmark negotiated an opt-out from euro adoption in the 1992 Maastricht Treaty after voters rejected the treaty in a referendum. A second euro referendum in 2000 also rejected adoption.

How does Danmarks Nationalbank defend the peg?

It primarily uses unilateral interest-rate moves — adjusting the certificate-of-deposit rate independently of the ECB if necessary — and FX-market intervention from its reserves. In stressed episodes it has introduced negative rates and capped CD volumes.