Tables

 

Interest rates and share-price index......................................................    1

 

Selected items from the Nationalbank's balance sheet..........................    2

 

Factors affecting the banks' and the mortgage-credit

institutes' net position with the Nationalbank......................................    3

 

Selected items from the consolidated balance sheet of the MFI sector..    4

 

Money stock.........................................................................................    5

 

Selected items from the balance sheet of the banks..............................    6

 

Selected items from the balance sheet of
the mortgage-credit institutes..............................................................    7

 

Lending to residents by the banks and the mortgage-credit institutes...    8

 

The mortgage-credit institutes' lending broken down by type..............    9

 

The banks' effective interest rates......................................................... 10

 

Selected items from the balance sheet of the investment associations.. 11

 

Securities issued by residents by owner's home country........................ 12

 

Households' financial assets and liabilities............................................ 13

 

Companies' financial assets and liabilities............................................. 14

 

Current account of the balance of payments ....................................... 15

 

Principal items of the balance of payments.......................................... 16

 

Portfolio investments of the balance of payments................................ 17

 

Denmark's international investment position ...................................... 18

 

GDP by type of expenditure................................................................. 19

 

EU-harmonized index of consumer prices (HICP) and
underlying inflation (IMI)..................................................................... 20

 

Selected monthly economic indicators................................................. 21

 

Selected quarterly economic indicators................................................ 22

 

Exchange rates..................................................................................... 23

 

Effective krone rate.............................................................................. 24

 

Danmarks Nationalbank's Statistical Publications


Symbols and Sources

 

0  Magnitude nil or less than one half of unit employed.

 

… Data not available or of negligible interest.

 

Some of the most recent statistics may be provisional. Due to rounding-off there may be small differences between the sum of the individual figures and the totals stated.

 

Date of going to press: 15 December 2005.

 

The Tables section of this publication is thus based on more recent information than the equivalent section of the Danish edition.

 

Danmarks Nationalbank is the source for Tables 1-14, 16-18 and 23-24, while the Copenhagen Stock Exchange is the source for series of bond yields and the share-price index in Table 1. Statistics Denmark is the source for Tables 15 and 19-22. The calculations in Tables 20 and 24 have been made by Danmarks Nationalbank on the basis of data from Statistics Denmark and OECD.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2000             

4.75

5.40

4.75

2001             

3.25

3.60

3.25

2002              

2.75

2.95

2.75

2003              

2.00

2.15

2.00

2004              

2.00

2.15

2.00

2003 7 Mar .

2.50

2.70

2.50

        23 May .

2.50

2.65

2.50

          6 Jun ..

2.00

2.15

2.00

2005 2 Dec ..

2.25

2.40

2.25

 

 

 

 

2005 15 Dec

2.25

2.40

2.25

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SELECTED  ITEMS  FROM  THE  ConsolidATED 

Balance  SHEET  OF THE  MFI  SECTOR                                                                      Table 4

End of period

Total balance

Assets

Liabilities

Foreign assets,
net
1

Domestic lending

Domestic
 securities

Domestic deposits

Bonds,
etc. issued

Public sector

Private sector

Bonds, etc.

Shares, etc.

Kr. billion

2000 ..................

2,806.8

68.1

1,690.6

114.2

43.1

649.2

1,019.2

46.3

2001 ..................

2,932.1

75.0

1,850.9

133.1

37.0

686.3

1,048.7

-57.0

2002 ..................

3,198.5

79.9

1,944.6

142.8

36.5

723.3

1,125.9

-66.8

2003 ..................

3,359.0

89.6

2,062.0

123.3

43.3

754.7

1,157.9

-70.7

2004 ..................

3,683.4

97.5

2,246.2

100.8

46.3

848.9

1,222.1

-66.9

 

May

05 .............

3,992.8

98.4

2,379.1

105.0

46.7

942.2

1,245.7

-144.4

Jun

05 .............

4,102.3

100.4

2,441.6

112.9

48.2

971.4

1,265.1

-122.1

Jul

05 .............

4,062.0

100.9

2,439.4

118.7

49.4

983.0

1,231.1

-171.3

Aug

05 .............

4,083.5

101.4

2,486.1

87.4

49.6

950.7

1,270.8

-188.5

Sep

05 .............

4,109.1

102.4

2,513.0

81.7

51.7

937.6

1,279.5

-188.2

Oct

05 .............

4,099.6

103.5

2,521.1

77.4

51.7

949.8

1,237.4

-217.7

 

 

Change compared with previous year, per cent

2000 ..................

...

14.5

11.5

-9.2

-5.7

0.1

0.1

...

2001 ..................

...

10.2

9.5

16.6

-14.0

5.7

2.9

...

2002 ..................

...

6.6

5.1

7.3

-1.4

5.4

7.4

...

2003 ..................

...

12.1

6.0

-13.7

18.6

4.3

2.8

...

2004 ..................

...

8.8

8.9

-18.2

7.0

12.5

5.5

...

 

May

05 .............

...

8.6

10.3

-18.5

4.9

5.8

7.5

...

Jun

05 .............

...

7.7

12.0

-16.1

5.1

11.1

6.3

...

Jul

05 .............

...

6.9

12.8

-4.4

8.6

9.4

6.2

...

Aug

05 .............

...

10.9

14.0

-30.5

9.1

4.2

9.0

...

Sep

05 .............

...

10.8

14.1

-38.8

12.8

4.0

8.1

...

Oct

05 .............

...

10.8

14.0

-41.1

12.7

2.9

5.2

...

 

Note:   The MFI sector includes Danish monetary financial institutions, i.e. banks and mortgage-credit institutes, other    credit institutions, money-market funds and Danmarks Nationalbank.

1   The net foreign assets of the MFI sector has been compiled as the difference between all assets and liabilities vis-a-vis non-residents.

 

 

 

 

 

 

 

 

 

 

MONEY  STOCK                                                                                                               Table 5

End of period

Bank­notes and
coin in circulation

Deposits on demand

M1

Time deposits with original maturity =<2 years

Deposits at notice with original maturity =< 3 months

M2

Repurchase agreements

Bonds, etc. issued with orginal maturity =< 2 years

M3

Kr. billion

 

2000 ..............

37.4

349.2

386.6

101.7

6.9

495.2

3.3

8.6

507.1

2001 ..............

39.2

375.6

414.9

102.7

9.9

527.4

4.0

15.0

546.4

2002 ..............

39.0

392.1

431.0

105.0

15.8

551.8

7.1

45.4

611.0

2003 ..............

41.0

428.2

469.2

112.2

19.2

600.5

2.7

77.3

680.6

2004 ..............

43.7

492.8

536.6

119.2

21.0

676.7

2.0

20.2

699.0

 

May

05 .........

44.2

552.4

596.6

123.5

19.0

739.1

4.9

1.7

745.7

Jun

05 .........

44.9

561.9

606.8

138.5

18.0

763.3

11.5

3.6

778.4

Jul

05 .........

45.1

581.8

626.9

152.2

18.3

797.4

5.2

1.6

804.3

Aug

05 .........

44.7

581.8

626.5

146.7

18.8

792.0

3.7

3.9

799.6

Sep

05 .........

45.5

576.6

622.1

138.9

19.0

780.0

3.4

0.1

783.7

Oct

05 .........

45.4

584.2

629.6

142.4

18.5

790.6

3.8

0.6

795.0

 

 

Change compared with previous year, per cent

2000 ..............

...

...

2.3

-1.3

-3.1

2001 ..............

...

...

7.3

...

...

6.5

...

...

7.7

2002 ..............

...

...

3.9

...

...

4.6

...

...

11.8

2003 ..............

...

...

8.8

...

...

8.8

...

...

11.4

2004 ..............

...

...

14.4

...

...

12.7

...

...

2.7

 

May

05 ........

...

...

16.2

...

...

9.0

...

...

-7.3

Jun

05 ........

...

...

21.3

...

...

16.8

...

...

1.7

Jul

05 ........

...

...

22.0

...

...

15.7

...

...

0.4

Aug

05 ........

...

...

20.7

...

...

14.8

...

...

0.5

Sep

05 ........

...

...

22.8

...

...

16.4

...

...

1.2

Oct

05 ........

...

...

19.0

...

...

14.1

...

...

1.1

 

 

 

 

 

 

 

 

 

 

 

 

SELECTED  ITEMS  FROM  THE  Balance  SHEET  OF THE  banks                            Table 6

End of period

Total balance

Assets

Liabilities

Lending to MFIs

Domestic lending

Holdings of
securities

Loans from MFIs

Deposits

Total

of which:

House-holds, etc.

Non-financial companies

Kr. billion

2000 ..................

1,685.8

427.8

526.2

239.0

186.4

456.1

579.9

684.3

2001 ..................

1,798.8

353.0

588.0

253.3

228.8

579.3

627.5

718.0

2002 ..................

2,040.1

419.8

599.2

253.5

231.3

620.9

685.6

764.7

2003 ..................

2,204.4

468.7

663.0

271.6

285.7

764.4

823.8

795.2

2004 ..................

2,418.3

495.6

754.8

324.8

309.6

780.3

823.1

908.0

 

May

05 .............

2,730.6

549.9

816.0

342.9

325.4

919.1

967.0

991.3

Jun

05 .............

2,875.0

556.0

859.2

357.3

338.8

987.1

1,048.7

1,019.0

Jul

05 .............

2,807.1

532.3

844.6

355.3

327.4

989.0

948.2

1,063.1

Aug

05 .............

2,838.5

521.2

856.7

357.8

336.4

995.8

996.6

1,049.4

Sep

05 .............

2,903.2

551.0

879.5

372.4

341.2

1,014.7

1,082.8

1,020.5

Oct

05 .............

2,820.5

556.7

882.1

372.5

345.3

951.1

962.9

1,038.4

 

 

Change compared with previous year, per cent

2000 ..................

...

10.1

31.6

17.0

59.0

6.6

24.5

0.9

2001 ..................

...

-17.5

11.7

6.0

22.8

27.0

8.2

4.9

2002 ..................

...

18.9

1.9

0.1

1.1

7.2

9.3

6.5

2003 ..................

...

10.7

2.5

7.1

3.1

21.8

18.8

3.9

2004 ..................

...

5.6

13.8

19.6

8.4

2.1

-0.1

14.2

 

May

05 .............

...

22.9

15.5

22.5

6.9

15.9

24.6

13.0

Jun

05 .............

...

12.4

19.3

22.2

11.8

23.3

25.3

17.5

Jul

05 .............

...

21.4

20.6

24.1

12.3

23.8

24.7

20.4

Aug

05 .............

...

11.7

20.9

22.4

14.0

23.0

23.9

18.3

Sep

05 .............

...

9.7

21.5

23.0

13.0

22.1

23.0

16.7

Oct

05 .............

...

9.0

21.5

22.1

14.4

19.6

13.3

14.9

 

Note:   Excluding Danish banks' units abroad. As from 2003 the lending is affected by an addition to the group of banks. The calculation of the rate of increase has been amended accordingly.

 

 

 

 

 

 

 

 

 

 

SELECTED  ITEMS  FROM  THE  Balance  SHEET  OF

THE  mortgage-credit institutes                                                                           Table 7

End of period

Total balance

Assets

Liabilities

Lending to MFIs

Domestic lending

Holdings of
securities

Loans from MFIs

Bonds,
etc. issued

Total

of which:

House-holds, etc.

Non-financial companies

Kr. billion

2000 ..................

1,341.1

53.7

1,095.9

830.2

225.6

163.7

36.2

1,212.9

2001 ..................

1,579.5

88.3

1,191.8

907.6

246.8

280.7

55.3

1,421.3

2002 ..................

1,721.8

77.3

1,285.1

988.0

259.2

338.5

58.9

1,584.2

2003 ..................

1,863.8

100.9

1,394.6

1,072.1

284.4

342.6

32.6

1,729.0

2004 ..................

2,097.4

91.2

1,489.9

1,141.3

307.9

481.2

26.1

1,952.5

 

May

05 .............

1,836.6

97.2

1,557.7

1,191.4

321.6

144.6

34.6

1,724.2

Jun

05 .............

1,927.4

148.2

1,579.1

1,209.1

322.8

169.8

36.3

1,795.1

Jul

05 .............

1,849.1

90.9

1,590.8

1,218.3

325.2

135.7

24.8

1,729.5

Aug

05 .............

1,915.1

103.5

1,624.9

1,248.3

328.1

149.3

18.2

1,800.2

Sep

05 .............

1,983.9

142.8

1,629.9

1,249.1

332.0

172.9

28.6

1,845.2

Oct

05 .............

1,910.1

57.9

1,635.5

1,254.3

333.4

170.2

30.1

1,765.8

 

 

Change compared with previous year, per cent

2000 ..................

...

10.5

4.2

5.6

1.2

38.8

63.8

8.7

2001 ..................

...

64.6

8.8

9.3

9.4

71.5

52.6

17.2

2002 ..................

...

-12.5

7.8

8.9

5.0

20.6

6.7

11.5

2003 ..................

...

30.6

8.5

8.5

9.7

1.2

-44.8

9.1

2004 ..................

...

-9.6

6.8

6.5

8.3

40.4

-19.9

12.9

 

May

05 .............

...

54.6

7.9

7.6

8.0

7.1

13.4

10.8

Jun

05 .............

...

69.0

8.5

8.4

8.0

6.1

34.9

12.9

Jul

05 .............

...

104.1

9.1

8.9

8.3

11.5

37.2

12.4

Aug

05 .............

...

156.7

10.8

10.9

8.8

10.4

-10.4

15.1

Sep

05 .............

...

78.9

10.7

11.0

8.6

22.3

2.7

16.1

Oct

05 .............

...

2.2

10.6

10.9

8.2

11.5

-19.8

11.0

 

 

 

 

 

 

 

 

 

 

 

 

lending to residents by the Banks and the mortgage-credit institutesTable 8

End of period

Total lending

The banks' lending

The mortgage-credit institutes' lending

Total

House-holds, etc.

Business

Total

House-holds, etc.

Business

Total

House-holds, etc.

Business

Kr. billion

2000 .............

1,688.3

1,069.2

561.0

592.4

239.0

329.7

1,095.9

830.2

231.4

2001 .............

1,814.4

1,161.0

594.7

622.6

253.3

342.3

1,191.8

907.6

252.4

2002 .............

1,917.0

1,241.6

619.2

631.8

253.5

353.0

1,285.1

988.0

266.2

2003 .............

2,087.7

1,343.7

683.1

693.2

271.6

392.3

1,394.6

1,072.1

290.9

2004 .............

2,276.0

1,466.1

741.0

786.0

324.8

426.8

1,489.9

1,141.3

314.2

 

May

05 ........

2,406.3

1,534.3

797.7

848.5

342.9

469.9

1,557.7

1,191.4

327.9

Jun

05 ........

2,470.8

1,566.4

825.4

891.7

357.3

495.2

1,579.1

1,209.1

330.2

Jul

05 ........

2,465.2

1,573.6

812.5

874.4

355.3

480.0

1,590.8

1,218.3

332.5

Aug

05 ........

2,511.5

1,606.2

827.1

886.5

357.8

491.5

1,624.9

1,248.3

335.6

Sep

05 ........

2,539.2

1,621.5

837.4

909.3

372.4

497.9

1,629.9

1,249.1

339.6

Oct

05 ........

2,547.4

1,626.9

840.8

911.9

372.5

500.0

1,635.5

1,254.3

340.9

 

 

Change compared with previous year, per cent

2000 .............

7.3

8.0

6.6

13.3

17.0

13.1

4.3

5.6

-1.6

2001 .............

7.5

8.6

6.0

5.1

6.0

3.8

8.8

9.3

9.1

2002 .............

5.7

6.9

4.1

1.5

0.1

3.1

7.8

8.9

5.5

2003 .............

6.1

8.2

2.7

1.5

7.1

-1.7

8.5

8.5

9.3

2004 .............

9.0

9.1

8.5

13.4

19.6

8.8

6.8

6.5

8.0

 

May

05 ........

10.3

10.6

8.5

15.0

22.5

9.0

7.9

7.6

7.9

Jun

05 ........

12.0

11.2

12.5

18.7

22.2

15.4

8.5

8.4

8.3

Jul

05 ........

12.6

12.0

12.8

19.7

24.1

15.9

9.1

8.9

8.5

Aug

05 ........

13.9

13.3

13.8

19.9

22.4

17.2

10.8

10.9

9.1

Sep

05 ........

14.1

13.5

14.0

20.6

23.0

17.7

10.7

11.0

8.9

Oct

05 ........

13.9

13.3

14.1

20.4

22.1

18.3

10.6

10.9

8.5

 

Note:   Including lending in Danish banks' units abroad. As from 2003 the banks' lending is affected by an addition to the group of banks. The calculation of the rate of increase has been amended accordingly.

 

 

 

 

 

 

 

 

 

 

 

 

The mortgage-credit institutes' lending broken down by type               Table 9

End of period

Index-linked lending

Fixed-rate lending

Adjustable-rate lending

Total

of which:

Total

of which
=<1 year

Lending in foreign currency

Instalment-free lending1

Kr. billion

 

2000 ..................................

113.1

882.4

99.8

79.0

1,095.4

15.5

...

2001 ..................................

109.6

836.5

245.7

151.5

1,191.8

54.5

...

2002 ..................................

103.6

816.0

365.0

200.4

1,284.6

82.5

...

2003 ..................................

99.5

795.0

499.0

250.0

1,393.5

85.7

44.4

2004 ..................................

94.6

737.6

656.1

378.4

1,488.4

84.9

170.5

 

May

05 ...........................

94.9

690.2

771.4

514.5

1,556.5

87.6

227.3

Jun

05 ...........................

92.4

700.7

784.7

528.8

1,577.8

87.8

241.9

Jul

05 ...........................

92.3

704.7

792.5

536.8

1,589.4

87.3

252.5

Aug

05 ...........................

92.2

734.2

796.9

541.8

1,623.4

86.9

267.4

Sep

05 ...........................

92.1

728.8

807.6

567.3

1,628.5

87.0

276.9

Oct

05 ...........................

91.9

729.6

812.7

569.5

1,634.2

86.9

286.1

 

 

Note:   The Table includes the mortgage-credit lending to residents only, whereas Tables 7 and 8 include the institutes' total lending to residents.

1    The mortgage-credit institutes' instalment-free lending to owner-occupied dwellings.

 

 

 

 

The banks' effective interest rates                                                                    Table 10

 

Lending

Deposits

All  sectors

House-holds, etc.

Non-financial companies

Financial companies

All  sectors

House-holds, etc.

Non-financial companies

Financial companies

Per cent, per annum

Q1 04 ................

5.3

7.3

5.0

2.9

1.6

1.1

1.7

2.1

Q2 04 ................

5.2

7.2

4.8

2.9

1.6

1.1

1.7

2.1

Q3 04 ................

5.2

7.1

4.8

2.9

1.6

1.2

1.7

2.1

Q4 04 ................

5.1

6.9

4.8

2.8

1.6

1.2

1.7

2.1

Q1 05 ................

5.1

6.7

4.8

2.8

1.7

1.3

1.7

2.1

Q2 05 ................

4.9

6.5

4.6

2.7

1.7

1.3

1.7

2.1

Q3 05 ................

4.8

6.3

4.5

2.6

1.7

1.3

1.7

2.2

 

May

05 .............

4.9

6.5

4.6

2.7

1.6

1.3

1.7

2.1

Jun

05 .............

4.8

6.5

4.6

2.7

1.7

1.3

1.7

2.1

Jul

05 .............

4.8

6.4

4.6

2.6

1.6

1.3

1.7

2.1

Aug

05 .............

4.8

6.3

4.5

2.7

1.7

1.3

1.7

2.2

Sep

05 .............

4.8

6.3

4.5

2.6

1.7

1.3

1.8

2.2

Oct

05 .............

4.7

6.2

4.4

2.6

1.7

1.3

1.7

2.2

 

 

 

 

 

SELECTED  ITEMS  FROM  THE  Balance  SHEET  OF

THE  investment associations                                                                              Table 11

End of period

Total balance

Assets

Liabilities

Holdings of
securities

Certificates issued by investment associations  by owner

Bonds, etc.

Shares, etc.

House-holds, etc.

Insurance companies and pension funds

Other residents

Abroad

Kr. billion

 

2000 ..................................

258.1

100.5

147.3

140.8

56.8

49.0

10.4

2001 ..................................

282.8

135.4

137.1

143.4

62.2

66.9

9.6

2002 ..................................

288.9

180.8

89.5

153.6

68.9

52.7

8.9

2003 ..................................

367.1

237.2

108.7

188.2

103.2

60.4

12.3

2004 ..................................

574.2

326.5

164.6

213.1

163.4

180.1

15.3

 

Q3 04 ................................

497.4

292.1

139.4

205.6

125.6

150.2

13.5

Q4 04 ................................

574.2

326.5

164.6

213.1

163.4

180.1

15.3

Q1 05 ................................

607.5

343.4

181.2

224.6

193.5

169.3

16.1

Q2 05 ................................

701.6

389.7

222.8

234.1

204.4

236.0

18.5

Q3 05 ................................

757.0

408.5

257.4

250.0

224.3

252.9

21.3

 

 

Quarterly transactions, kr. billion

Q3 04 ................................

...

10.0

1.9

4.0

2.5

3.9

0.3

Q4 04 ................................

...

36.3

19.2

3.1

31.1

24.6

1.5

Q1 05 ................................

...

15.7

10.0

6.5

7.5

5.0

0.6

Q2 05 ................................

...

32.7

26.0

7.5

1.7

59.1

2.7

Q3 05 ................................

...

16.7

10.0

8.1

7.8

4.9

1.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities issued by residents by owner's home country                         Table 12

End of period

Bonds, etc.

Shares

Total

of which:

Central-government securities

Mortgage-credit bonds

Denmark

Abroad

Denmark

Abroad

Denmark

Abroad

Denmark

Abroad

Market value, kr. billion

2000 ..................

1,659.5

336.8

455.1

214.6

1,090.3

118.2

634.0

255.2

2001 ..................

1,787.7

414.6

443.7

217.1

1,231.8

194.5

480.5

231.1

2002 ..................

1,999.8

414.7

479.8

222.9

1,411.6

189.6

384.3

162.3

2003 ..................

2,124.2

419.6

488.2

210.0

1,523.9

207.9

488.1

208.6

2004 ..................

2,370.0

452.2

496.7

224.7

1,759.8

224.8

592.1

244.5

 

Jun

05 .............

2,186.5

463.1

532.6

213.2

1,535.9

247.1

706.2

268.1

Jul

05 .............

2,143.1

446.2

542.3

201.3

1,478.2

242.1

721.4

275.6

Aug

05 .............

2,151.5

459.2

486.9

209.7

1,540.6

246.7

734.3

288.4

Sep

05 .............

2,182.8

464.5

480.8

211.7

1,575.6

249.9

741.6

298.8

Oct

05 .............

2,106.9

449.3

472.4

211.2

1,508.6

235.2

717.1

292.9

Nov

05 .............

2,137.3

427.8

437.9

207.1

1,576.1

217.0

733.4

297.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

households' financial assets and liabilities                                                Table 13

End of period

Assets

Liabilities

Currency and
bank deposits, etc.

Bonds, etc.

Shares and certific­ates issued by invest­ment associations, etc.

Life-insurance and pension-scheme savings, etc.

Total

Loans, etc.

Net financial assets

Total

Kr. billion

2000 ..................

531

214

372

1,115

2,232

1,209

1,023

2,232

2001 ..................

556

205

335

1,136

2,231

1,326

905

2,231

2002 ..................

583

196

319

1,172

2,270

1,443

827

2,270

2003 ..................

620

187

405

1,262

2,476

1,529

947

2,476

2004 ..................

671

189

476

1,419

2,754

1,681

1,073

2,754

 

Q2 04 ................

661

182

441

1,314

2,598

1,576

1,023

2,599

Q3 04 ................

670

180

456

1,348

2,654

1,610

1,044

2,654

Q4 04 ................

671

189

476

1,419

2,754

1,681

1,073

2,754

Q1 05 ................

682

179

517

1,468

2,846

1,721

1,125

2,846

Q2 05 ................

727

172

555

1,559

3,014

1,788

1,225

3,013

 

 

 

 

 

Companies' financial assets and liabilities                                                    Table 14

End of period

Assets

Liabilities

Curren­­-cy, bank deposits and granted credits,  etc.

Bonds, etc.

Shares and certific­ates issued by invest­ment associations, etc.

Total

Debt

Net financial assets

Total

Loans, etc.

Bonds, etc. issued

Shares, etc. issued

Kr. billion

2000 .............

476

152

675

1,303

1,043

79

1,160

-979

1,303

2001 .............

520

145

713

1,377

1,163

97

1,069

-952

1,377

2002 .............

523

144

634

1,302

1,138

117

949

-902

1,302

2003 .............

633

149

640

1,422

1,150

127

1,121

-976

1,422

2004 .............

644

186

700

1,529

1,224

185

1,202

-1,081

1,529

 

Q2 04 ...........

599

161

668

1,427

1,190

139

1,128

-1,030

1,428

Q3 04 ...........

613

165

685

1,463

1,196

152

1,172

-1,057

1,463

Q4 04 ...........

644

186

700

1,529

1,224

185

1,202

-1,081

1,529

Q1 05 ...........

656

201

744

1,601

1,241

195

1,296

-1,131

1,601

Q2 05 ...........

687

199

812

1,698

1,289

225

1,399

-1,214

1,698

Note: Companies are defined as non-financial companies.

 

 

Current account of the balance of payments (net revenues)               Table 15

 

Goods
(fob)

Services

Goods and services

Wages and property income

Current transfers

Total
 current
 account

Kr. billion

2000 ..................................

54.4

23.3

77.7

-32.9

-26.5

18.2

2001 ..................................

63.3

25.1

88.4

-25.0

-21.6

41.8

2002 ..................................

64.3

17.8

82.1

-24.7

-23.3

34.1

2003 ..................................

64.1

23.1

87.2

-17.4

-24.0

45.8

2004 ..................................

55.1

19.8

74.9

-13.9

-27.7

33.3

 

Nov 03 - Oct 04 ................

54.3

23.4

77.7

-14.0

-27.4

36.2

Nov 04 - Oct 05 ................

58.7

22.6

81.3

-12.3

-22.6

46.4

 

May

05 ............................

4.9

2.6

7.5

0.6

-1.4

6.7

Jun

05 ............................

4.3

3.3

7.6

0.7

-1.4

6.8

Jul

05 ............................

5.8

2.8

8.6

-0.2

-1.9

6.5

Aug

05 ............................

4.2

3.4

7.6

-0.5

-1.6

5.5

Sep

05 ............................

6.1

2.8

8.8

-0.1

-1.9

6.8

Oct

05 ............................

4.7

0.5

5.2

0.1

-1.6

3.7

 

Note:  As of 2005 the compilation is based on new sources and methodologies resulting in breaks in data.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Principal items of the balance of payments

(net payments from abroad)                                                                               Table 16

 

Current account

Capital import

Other1

Increase in the foreign-exchange reserve

Direct
 investments

Portfolio investments

Other capital import

Danish
abroad

Foreign in Denmark

Kr. billion

 

2000 ..................................

18.2

-202.7

266.8

-145.8

64.3

-43.8

-43.0

2001 .................................

41.8

-107.9

92.5

-35.3

7.8

28.5

27.5

2002 .................................

34.1

-44.9

52.3

1.2

21.3

-18.7

45.4

2003 .................................

45.8

-8.0

17.8

-98.3

72.5

0.7

30.8

2004 .................................

33.3

62.1

-62.6

-87.1

-22.5

70.4

-6.2

 

Nov 03 - Oct 04 ................

36.2

64.9

-69.3

-124.2

26.4

58.7

-7.3

Nov 04 - Oct 05 ................

46.4

-39.9

22.7

-76.8

42.6

-6.2

-11.2

 

May

05 ............................

6.7

-2.3

10.4

-17.5

15.6

-7.4

6.3

Jun

05 ............................

6.8

13.1

-14.7

-8.8

-15.4

22.2

3.2

Jul

05 ............................

6.5

-3.2

1.0

4.6

-2.6

-17.7

-11.2

Aug

05 ............................

5.5

-19.2

4.6

7.3

16.7

-13.4

0.3

Sep

05 ............................

6.8

-9.8

5.9

-15.6

-2.8

13.3

0.1

Oct

05 ............................

3.7

-0.9

7.0

3.4

-14.4

-14.4

-15.6

 

 

1     Including capital account, errors and omissions and until end-December 2004 unrecorded trade credits.

 

 

 

 

Portfolio investments of the balance of payments

(net payments from abroad)                                                                               Table 17

 

Danish securities

Foreign securities

Total

Krone-denominated bonds, etc.

Foreign

currency

denom­inated bonds, etc.

Shares

Bonds, etc.

Shares

Kr. billion

 

2000 ......................

-21.3

47.7

19.3

-78.7

-112.8

-145.8

2001 ......................

-17.7

97.7

6.6

-86.2

-35.8

-35.3

2002 ......................

8.5

24.0

4.9

-34.8

-1.4

1.2

2003 ......................

-30.3

66.3

9.1

-121.5

-21.9

-98.3

2004 ......................

-6.2

56.9

9.7

-104.4

-43.0

-87.1

 

May

05 ................

5.8

3.1

-12.2

-10.5

-3.8

-17.5

jun

05 ................

12.3

15.3

0.6

-28.7

-8.4

-8.8

Jul

05 ................

-16.5

23.2

0.1

-0.4

-1.9

4.6

Aug

05 ................

14.3

1.5

2.2

-9.4

-1.3

7.3

Sep

05 ................

8.1

-7.8

-0.2

-8.5

-7.3

-15.6

Oct

05 ................

-10.3

28.2

1.1

-8.1

-7.4

3.4

 

Note:   A negative sign (-) indicates residents' net purchase of foreign securities, or non-residents' net sale of Danish securities.

 

DEnmark's INTERNATIONAL INVESTMENT POSITION                                             Table 18

End of period

Direct
 investments

Portfolio
investments

Other
 investment

The

foreign-exchange reserve

Total

Danish abroad

Foreign in Denmark

Shares, etc.

Bonds, etc.

Kr. billion

Assets

2000 ..................

557

29

454

229

667

121

2,056

2001 ..................

624

35

403

317

598

152

2,130

2002 ..................

584

30

254

359

758

197

2,180

2003 ..................

579

32

310

446

747

228

2,342

2004 ..................

592

44

371

537

855

219

2,618

 

Q2 04 ................

555

38

358

480

752

229

2,412

Q3 04 ................

573

41

352

523

790

228

2,506

Q4 04 ................

592

44

371

537

855

219

2,618

Q1 05 ................

609

44

403

592

903

238

2,789

Q2 05 ................

601

44

449

662

988

240

2,983

 

Liabilities

2000 ..................

26

564

218

646

816

3

2,274

2001 ..................

33

602

201

746

766

4

2,350

2002 ..................

34

553

146

756

913

4

2,406

2003 ..................

42

555

186

762

964

3

2,512

2004 ..................

63

537

247

836

1,059

2

2,742

 

Q2 04 ................

52

506

221

837

940

1

2,557

Q3 04 ................

57

516

236

823

1,012

2

2,647

Q4 04 ................

63

537

247

836

1,059

2

2,742

Q1 05 ................

63

538

264

903

1,149

1

2,917

Q2 05 ................

63

531

275

944

1,258

1

3,071

 

Net assets

2000 ..................

531

-535

236

-418

-150

117

-218

2001 ..................

591

-567

203

-428

-167

148

-220

2002 ..................

550

-523

107

-398

-155

193

-225

2003 ..................

537

-524

124

-316

-217

224

-170

2004 ..................

529

-493

125

-298

-204

217

-124

 

Q2 04 ................

503

-468

137

-357

-188

228

-145

Q3 04 ................

516

-475

115

-301

-223

226

-141

Q4 04 ................

529

-493

125

-298

-204

217

-124

Q1 05 ................

547

-494

139

-311

-247

237

-128

Q2 05 ................

538

-487

173

-282

-270

239

-88

 

Note: As a key principle, the market value has been used for the compilation.

 

 

 

 

 

gdp BY TYPE OF EXPENDITURE                                                                                   Table 19

 

GDP

Final domestic demand

Exports
of goods and services

Imports of goods and services

Private consumption

General-government consumption

Gross fixed capital formation

Change in invent-
ories

Total

Kr. billion

2000 ..................

1,294.0

616.7

325.1

262.9

11.2

1,215.9

602.4

524.3

2001 ..................

1,335.6

631.7

343.3

265.8

6.1

1,246.9

630.9

542.2

2002 ..................

1,362.5

651.4

359.1

268.5

3.3

1,282.4

647.4

567.3

2003 ..................

1,401.9

673.1

370.5

272.4

1.2

1,317.2

635.6

550.9

2004 ..................

1,460.5

710.1

388.7

284.5

3.8

1,387.1

667.3

594.0

 

Q3 04 ................

361.8

174.3

97.0

70.2

3.2

344.7

169.2

152.1

Q4 04 ................

382.9

190.2

100.1

78.9

-2.4

366.8

174.1

158.0

Q1 05 ................

358.8

181.3

97.2

64.7

1.1

344.3

169.8

155.3

Q2 05 ................

388.1

187.1

101.6

76.2

1.8

366.7

192.5

171.1

Q3 05 ................

387.2

186.3

100.7

74.9

-0.2

361.7

199.7

174.2

 

 

Real growth compared with previous year, per cent

 

2000 ..................

3.5

0.2

2.3

7.4

...

3.4

12.7

13.0

2001 ..................

0.7

0.1

2.2

-1.4

...

0.0

3.1

1.9

2002 ..................

0.5

0.8

2.2

0.4

...

0.8

4.8

6.5

2003 ..................

0.6

1.4

0.4

1.6

...

0.9

-1.1

-0.6

2004 ..................

2.1

3.8

2.0

3.3

...

3.5

3.2

6.5

 

Q3 04 ................

1.9

3.5

1.8

6.7

...

5.5

3.4

10.6

Q4 04 ................

2.6

4.7

1.3

5.0

...

4.3

3.6

7.4

Q1 05 ................

0.8

4.4

0.4

-0.7

...

1.5

5.7

9.2

Q2 05 ................

4.3

5.2

1.7

6.0

...

4.8

11.3

13.4

Q3 05 ................

4.8

4.5

1.5

5.6

...

2.5

12.5

9.5

 

 

Real growth compared with previous quarter (seasonally adjusted),
per cent

Q3 04 ................

-0.2

1.1

-0.1

1.6

...

0.9

-1.9

3.4

Q4 04 ................

1.1

1.7

0.3

1.8

...

1.4

0.1

0.0

Q1 05 ................

0.5

1.0

0.4

-6.7

...

-0.9

5.6

3.2

Q2 05 ................

1.6

1.1

0.8

7.7

...

2.4

4.7

4.5

Q3 05 ................

1.4

0.6

0.1

2.7

...

1.0

1.7

1.3

 

 

 

 

 

 

 

 

 

 

 

EU-HarmoniZed index of consumer prices (HICP) and

underlying inflation (IMI)                                                                                    Table 20

 

HICP

Index of net retail prices1

Total

Subcomponents:

Energy

Food

Core infla-tion2

Administered prices

HICP excl. energy, food
and admini-stered prices
3

Index of net retail prices excl. energy, food
and admini-stered prices
3

Split into:4

Rent

Public services

Import content5

IMI6

Weights, per cent

100

10.6

20.7

68.7

7.7

4.2

56.9

51.0

16.2

34.8

Year-on-year growth, per cent

2001                

2.3

1.5

3.5

2.0

2.7

3.7

1.8

2.1

1.9

2.2

2002 ...............

2.4

2.1

1.8

2.7

2.5

5.0

2.5

2.5

0.1

3.6

2003 ...............

2.0

0.9

0.7

2.5

2.7

8.2

2.1

1.9

0.4

2.6

2004 ...............

0.9

2.7

-2.0

1.6

2.8

4.8

1.1

0.8

1.1

0.6

2003Q1 .........

2.8

5.8

1.2

2.8

2.5

8.6

2.5

2.1

1.7

2.3

         Q2 .........

2.2

-0.2

1.3

2.9

2.8

8.8

2.4

2.3

0.6

3.1

         Q3 .........

1.6

-0.5

1.2

2.1

2.8

8.1

1.6

1.6

-0.1

2.4

         Q4 .........

1.3

-1.4

-0.8

2.3

2.8

7.1

1.9

1.7

-0.6

2.7

2004Q1 .........

0.7

-3.2

-2.0

2.1

2.8

4.9

1.8

1.4

-0.6

2.3

         Q2 .........

0.8

2.6

-2.5

1.6

2.8

4.9

1.2

0.8

0.3

1.1

         Q3 .........

1.0

4.8

-2.6

1.4

2.8

4.7

1.0

0.7

1.7

0.2

         Q4 .........

1.2

6.3

-1.1

1.1

2.8

4.9

0.5

0.3

3.2

-1.0

2005Q1 .........

1.0

4.7

0.3

0.7

2.4

4.1

0.2

0.3

2.8

-0.9

         Q2 .........

1.6

6.7

0.6

1.1

2.3

3.2

0.7

0.7

3.5

-0.6

         Q3 .........

2.2

10.2

1.5

1.2

2.4

2.9

0.8

0.8

3.9

-0.6

Note:   The weights reflect the weighting basis as of January 2003.

1         Prices in the index of net retail prices are compiled excluding indirect taxes and subsidies.

2         Core inflation is defined as the increase in HICP excluding energy and food.

3         Goods and services excluding energy, food and administered prices constitute 56.9 per cent of HICP's weight basis and 51.0 per cent of the index of net retail prices. The difference reflects that the same goods and services do not count equally in the two indices, and does not express the indirect taxation content of the consumer prices.

4         The division of the index of net retail prices into import and IMI is based on Statistics Denmark's input-output table.

5         The indirect energy content is included in the import content.

6         IMI expresses the domestic market-determined inflation. For a detailed presentation of IMI, see Bo William Hansen and Dan Knudsen, Domestic Market-Determined Inflation, Danmarks Nationalbank, Monetary Review, 4th Quarter  2005.

 

 

 

 

 

 

 

 

Selected monthly economic indicators                                                         Table 21

 

Unemployment

Per cent of labour force

Quantity index

Forced sales of real property

New passenger car registrations

 

Consumer confidence indicator

Composite cyclical indicator for

Manufacturing industry1

2000=100

Retail trade

2000=100

Manufacturing industry

Building and
 construction

Service

Number

Balance per cent

2000 .............

5.4

100.0

100.0

2,584

113,633

2

5

-1

2

2001 .............

5.2

101.9

100.6

2,682

96,114

0

-3

-11

5

2002 .............

5.2

102.9

103.6

3,041

111,598

1

-4

-14

5

2003 .............

6.2

102.5

107.8

3,039

96,501

1

-6

-18

-2

2004 .............

6.4

102.1

113.4

2,640

122,543

7

3

-5

13

 

 

Seasonally adjusted

Jun

05 ........

5.7

107.5

121.7

187

12,404

6

-3

5

19

Jul

05 ........

5.8

103.5

120.8

145

12,694

9

-4

5

17

Aug

05 ........

5.7

100.7

121.4

140

12,808

9

3

3

19

Sep

05 ........

5.5

105.5

121.9

145

12,832

10

1

5

21

Oct

05 ........

5.4

103.8

122.5

104

12,674

11

3

15

22

Nov

05 ........

...

...

...

149

12,098

12

6

15

28

 

1     Excluding shipbuilding.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected quarterly economic indicators                                                      Table 22

 

Employment

Hourly earnings

Property prices (purchase sum, one-family dwellings)

As a per-centage of property
value 1995

Total

Private

All sectors
in
Denmark,
 total

Manufacturing industry
in Denmark

Manufacturing industry
abroad

1,000 persons

1996=100

2000 ..................................

2,764

1,922

118.7

118.4

113.7

153.1

2001 ..................................

2,785

1,941

123.7

123.5

117.1

162.0

2002 ..................................

2,780

1,928

128.5

128.5

120.5

168.0

2003 ..................................

2,747

1,899

133.3

133.8

124.1

173.2

2004 ..................................

2,748

1,899

137.4

138.0

127.5

188.6

 

 

Seasonally adjusted

Q3 04 ................................

2,749

1,901

138.2

138.5

127.8

192.0

Q4 04 ................................

2,752

1,906

139.0

139.3

128.7

195.7

Q1 05 ................................

2,761

1,917

140.2

140.4

130.4

203.5

Q2 05 ................................

2,766

1,921

140.4

141.0

130.2

213.5

Q3 05 ................................

2,778

1,932

142.1

142.5

131.0

...

 

 

Change compared with previous year, per cent

2000 ..................................

0.4

0.8

3.6

3.5

3.4

6.5

2001 ..................................

0.8

1.0

4.2

4.3

3.0

5.8

2002 ..................................

-0.2

-0.7

3.9

4.0

2.9

3.7

2003 ..................................

-1.2

-1.5

3.7

4.2

3.0

3.1

2004 ..................................

0.0

0.0

3.1

3.1

2.7

8.9

 

 

Q3 04 ................................

0.3

0.3

2.9

3.0

2.6

9.7

Q4 04 ................................

0.5

1.0

2.9

2.6

2.7

11.8

Q1 05 ................................

0.6

1.2

3.1

2.8

3.3

13.1

Q2 05 ................................

0.8

1.3

2.9

2.6

2.3

14.3

Q3 05 ................................

1.1

1.6

2.8

2.9

2.5

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exchange rates                                                                                                         Table 23

 

EUR

GBP

SEK

NOK

USD

JPY

CHF

Kroner per 100 units

Average

2000 ..................................

745.37

1,223.33

88.26

91.89

809.03

7.5081

478.68

2001 ..................................

745.21

1,197.74

80.58

92.60

831.88

6.8522

493.47

2002 ..................................

743.04

1,182.10

81.12

99.03

788.12

6.2969

506.47

2003 ..................................

743.07

1,074.99

81.45

93.03

658.99

5.6840

488.88

2004 ..................................

743.98

1,096.69

81.54

88.90

598.93

5.5366

481.96

 

Jun

05 ...........................

744.48

1,112.96

80.38

94.32

612.03

5.6310

483.72

Jul

05 ...........................

745.84

1,084.83

79.11

94.17

619.65

5.5354

478.77

Aug

05 ...........................

745.96

1,088.64

79.87

94.23

606.87

5.4861

480.39

Sep

05 ...........................

745.84

1,100.74

79.91

95.52

608.65

5.4818

481.32

Oct

05 ...........................

746.20

1,095.18

79.20

95.24

621.10

5.4055

481.74

Nov

05 ...........................

745.96

1,098.13

78.02

95.28

632.99

5.3441

482.87

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

effeCtivE krone RATE                                                                                               Table 24

Average

Nominal effective krone
rate

Consumer-price indices

Real
effective krone rate based on consumer prices

Real
effective krone rate based on hourly earnings

Consumer-price index in the
euro area

Denmark

Abroad

1980=100

1996=100

2000 ..................................

95.6

219.3

205.0

102.3

98.8

106.0

2001 ..................................

96.9

224.4

209.8

103.6

101.4

108.5

2002 ..................................

97.7

229.9

213.4

105.3

103.5

110.9

2003 ..................................

101.2

234.7

217.1

109.5

108.3

113.2

2004 ..................................

102.2

237.4

220.8

109.9

109.8

115.7

 

Jun

05 ............................

100.9

242.1

224.8

108.8

109.4

118.3

Jul

05 ............................

101.2

241.8

225.1

108.9

...

118.2

Aug

05 ............................

101.3

241.8

225.5

108.8

...

118.5

Sep

05 ............................

101.0

243.8

226.5

108.8

109.4

119.1

Oct

05 ............................

100.9

243.6

226.7

108.6

...

119.4

Nov

05 ............................

100.7

242.9

...

...

...

...

 

 

Change compared with previous year, per cent

2000 ..................................

-4.1

2.9

2.2

-3.4

-4.0

2.1

2001 ..................................

1.3

2.4

2.3

1.3

2.6

2.3

2002 ..................................

0.9

2.4

1.7

1.6

2.0

2.2

2003 ..................................

3.6

2.1

1.7

3.9

4.7

2.1

2004 ..................................

1.0

1.2

1.7

0.4

1.3

2.1

 

Jun

05 ............................

-0.8

1.8

1.8

-0.8

0.3

2.1

Jul

05 ............................

-0.8

2.0

1.8

-0.5

...

2.2

Aug

05 ............................

-0.6

2.2

1.9

-0.2

...

2.2

Sep

05 ............................

-1.0

2.4

2.2

-0.7

-0.4

2.6

Oct

05 ............................

-1.4

2.0

2.0

-1.1

...

2.5

Nov

05 ............................

-2.0

2.0

...

...

...

...

 

Note:   The nominal effective krone rate index is a geometric weighting of the development in the Danish krone rate against currencies of Denmark's 27 most important trading partners. However, only 25 countries are included in the calculation of consumer prices abroad and the real effective krone rate based on consumer prices and hourly earnings, respectively.

             The weights are based on trade in manufactured goods in 2002.

             An increase in the index reflects a nominal or a real appreciation of the krone.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Danmarks Nationalbank's Statistical Publications

 

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Upon compilation of financial statistics, Danmarks Nationalbank releases these to the public in electronic publications. The publication of new statistics on a specific topic comprises 3 elements:

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·   "Nyt" (News) with text and charts to illustrate key development trends, as well as a 1-2 page tables section. The contents of the "Nyt" publications will also include in-depth commentary in order to give users greater scope to interpret and apply the statistics.

·   Tabeltillæg (Tables Supplement) containing tables with detailed specifications and descriptions of the sources and methodologies applied in the compilation of the statistics.

 

The text of all tables and charts as well as the descriptions of the sources and methodologies are translated into English.

 

Statistics database

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