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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
DenmarkDenmark GDP Growth Rate YoY climbed to 5.9% in January 2026
FMPQuarterlyReleased May 2026
Denmark GDP Growth Rate YoY climbed to 5.9% in January 2026, released May 2026, up 2.8% from December's 3.1% reading. The print exceeded the 3.0% consensus by 2.9%. GDP Growth Rate YoY has now risen for 3 consecutive months. GDP Growth Rate YoY is now the highest in 45 months.
Latest Release
5.9
Actual
3
Consensus
3.1
Previous
Median Absolute Error
±0.75 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 2.88
Actual: 5.9
Error: -3.03
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
GDP Growth Rate YoY (Denmark) was reported at 5.9% in May 2026. This beat the market consensus of 3% by 2.9%. The reading rose from the previous value of 3.1%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 3.21%, ranging from 1.6% to 5.9% across 8 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 4%, up from the prior three at 3.17%. Volatility over the past year (σ 1.3%) is higher than the prior year (σ 0.91%). In May readings over the past 3 years, GDP Growth Rate YoY has averaged 3.23%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/DKK (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.75%.
WHAT TO WATCH NEXT
The next release is scheduled for June 30, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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GDP Growth Rate YoY - DK
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About GDP Growth Rate YoY — Denmark
DEFINITION
GDP Growth Rate YoY is a key financial indicator that measures the annual percentage change in a country's gross domestic product (GDP). It provides valuable insights into the overall health and performance of an economy, as well as its growth trajectory over time. This indicator is closely monitored by investors, policymakers, and businesses to assess the strength and stability of a country's economy. A positive GDP Growth Rate YoY indicates a growing economy, while a negative rate suggests a decline.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Dec 2013): actual 0.5 %, consensus 0.5 %. Prior reading (Sep 2013): 0.6 %. Before that (Jun 2013): -0.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/DKK (Bearish EUR, r=-0.40) — a useful reference for forex-focused traders.