24
Tables
Interest rates and share-price index 1
Selected items from Danmarks Nationalbank's balance sheet 2
Factors affecting the banks' and the mortgage-credit
institutes' net position with Danmarks 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
Financial account of the balance of payments 16
Portfolio investments of the balance of payments 17
Denmark's external assets and liabilities 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.
The Tables section of this publication is closed on 13 January 2009 and 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 OMX Nordic 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.
| Interest rates and share-price index Table 1 | ||||||||
| Effective end-of-year/ from |
Danmarks Nationalbank's interest rates |
The ECB's interest rate |
End of period | Inter-bank interest rate, 3-months uncollateralized |
Bond yields | Share-price index OMXC20 (prev.KFX) |
||
| Discount rate | Lending and certificates of deposit |
Main refinancing operations, fixed rate1 |
10-year central- government bond | 30-year mortgage-credit bond | ||||
| Per cent per annum | Per cent per annum | 3.7.89 =100 |
||||||
2004 2.002.152.00
| 2005 | 2.25 | 2.40 | 2.25 |
| 3.50 | 3.75 | 3.50 | |
| 4.00 | 4.25 | 4.00 | |
| 3.50 | 4.25 | 2.50 | |
| 4.50 | 5.50 | 3.75 | |
| 4.00 | 5.00 | 3.25 | |
| 3.50 | 4.25 | 2.50 | |
| 3.50 | 3.75 | 2.50 | |
| 3.50 | 3.75 | 2.50 |
| 2004 | 2.16 | 3.87 | 5.07 | 286.66 |
| 2005 | 2.46 | 3.30 | 4.39 | 393.52 |
| 2006 | 3.81 | 3.95 | 5.24 | 441.48 |
| 2007 | 4.65 | 4.48 | 5.61 | 464.14 |
| 2008 | 4.20 | 3.31 | 6.21 | 247.72 |
| Jun | 08 | 5.08 | 4.81 | 6.08 | 424.30 |
| Jul | 08 | 5.15 | 4.70 | 6.49 | 417.43 |
| Aug | 08 | 5.10 | 4.38 | 6.38 | 424.11 |
| Sep | 08 | 5.15 | 4.29 | 6.66 | 351.15 |
| Oct | 08 | 5.30 | 4.35 | 6.64 | 285.19 |
| Nov | 08 | 5.60 | 3.84 | 6.44 | 263.05 |
| Dec | 08 | 4.20 | 3.31 | 6.21 | 247.72 |
1 Until 7 October 2008 minimum bid rate.
| Selected items from Danmarks nationalbank's balance sheet Table 2 | |||||||
| End of period | The foreign-exchange reserve (net) | Notes and coin in circulation | The central government's account with Danmarks Nationalbank | The banks' and the mortgage-credit institutes' net position with Danmarks Nationalbank |
|||
| Certificates of deposit | Deposits (current account) | Loans | Total net position | ||||
| Kr. billion | |||||||
| 2003 | 224.2 | 49.7 | 44.0 | 157.3 | 12.9 | 48.0 | 122.2 |
| 2004 | 217.6 | 52.0 | 60.8 | 160.4 | 6.9 | 72.6 | 94.6 |
| 2005 | 212.3 | 56.2 | 56.4 | 207.6 | 12.8 | 135.3 | 85.1 |
| 2006 | 171.7 | 59.8 | 73.8 | 163.2 | 8.8 | 153.7 | 18.2 |
| 2007 | 168.8 | 61.6 | 89.9 | 200.5 | 9.4 | 216.8 | -6.9 |
| Jul | 08 | 164.0 | 60.7 | 73.3 | 196.2 | 22.1 | 212.6 | 5.6 |
| Aug | 08 | 164.8 | 59.7 | 64.0 | 251.5 | 5.3 | 240.1 | 16.7 |
| Sep | 08 | 160.1 | 59.2 | 70.2 | 242.0 | 37.6 | 263.3 | 16.3 |
| Oct | 08 | 132.4 | 59.2 | 121.8 | 157.1 | 7.3 | 217.5 | -53.1 |
| Nov | 08 | 172.8 | 59.2 | 234.5 | 134.7 | 13.1 | 275.2 | -127.4 |
| Dec | 08 | 212.7 | 61.3 | 259.6 | 118.5 | 9.7 | 240.9 | -112.7 |
| Factors affecting the banks' and the mortgage-credit INSTITUTEs' NET position with Danmarks nATIONALBANK Table 3 |
||||||||||||
| Central-government finance | Net purchase of foreign exchange by Danmarks Nationalbank |
Net purchase of bonds by Danmarks Nationalbank |
Other factors | The banks' and the mortgage-credit institutes' net position with Danmarks Nationalbank |
||||||||
| Do-mestic gross financing require-ment | Sales of do-mestic central-government securities, etc. |
Liquidity effect | Interventions to purchase foreign exchange, net | Other | Total | Change | End of period | |||||
| Kr. billion | ||||||||||||
| 2004 | 75.5 | 92.6 | -17.1 | -12.5 | 6.1 | -6.4 | -2.6 | -1.2 | -27.3 | 94.6 | ||
| 2005 | 39.5 | 30.9 | 8.6 | -18.4 | 3.0 | -15.4 | -2.2 | -0.5 | -9.5 | 85.1 | ||
| 2006 | -14.5 | 16.2 | -30.6 | -34.3 | 4.3 | -30.0 | -4.9 | -1.2 | -66.7 | 18.2 | ||
| 2007 | -26.1 | 2.9 | -29.1 | -1.7 | 7.2 | 5.5 | -0.4 | -1.4 | -25.3 | -6.9 | ||
| 2008 | -11.9 | 99.6 | -111.5 | -19.9 | 0.1 | -19.8 | 0.6 | 24.9 | -105.8 | ... | ||
| Jul | 08 | 24.2 | 1.7 | 22.5 | 0.0 | -1.3 | -1.3 | 0.1 | 3.3 | 24.7 | 5.6 |
| Aug | 08 | 11.3 | 2.1 | 9.2 | 0.0 | 0.9 | 0.9 | 0.2 | 0.7 | 11.1 | 16.7 |
| Sep | 08 | -7.2 | 2.5 | -9.6 | -0.7 | -0.4 | -1.1 | 0.1 | 10.2 | -0.4 | 16.3 |
| Oct | 08 | 8.0 | 14.7 | -6.7 | -63.9 | -9.5 | -73.4 | 1.2 | 9.4 | -69.4 | -53.1 |
| Nov | 08 | -52.1 | 57.5 | -109.6 | 31.6 | 5.8 | 37.4 | 0.1 | -2.2 | -74.3 | -127.4 |
| Dec | 08 | 12.1 | 20.7 | -8.6 | 24.7 | -1.3 | 23.4 | -0.5 | 0.4 | 14.8 | -112.7 |
| 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 | ||||||||
| 2003 | 3,359.0 | 89.6 | 2,062.0 | 123.3 | 43.3 | 754.7 | 1,157.9 | -70.7 |
| 2004 | 3,684.5 | 97.5 | 2,246.2 | 100.8 | 46.3 | 848.9 | 1,222.1 | -65.7 |
| 2005 | 4,228.2 | 107.8 | 2,584.2 | 75.9 | 53.5 | 971.3 | 1,318.2 | -172.9 |
| 2006 | 4,682.1 | 116.8 | 2,956.0 | 51.8 | 60.3 | 1,077.0 | 1,433.7 | -222.8 |
| 2007 | 5,497.4 | 119.9 | 3,353.7 | 43.3 | 63.5 | 1,219.7 | 1,505.2 | -304.5 |
| Jun | 08 | 5,854.5 | 125.4 | 3,532.0 | 39.9 | 77.5 | 1,274.9 | 1,501.6 | -409.6 |
| Jul | 08 | 5,792.5 | 128.1 | 3,520.1 | 42.2 | 78.6 | 1,279.4 | 1,517.2 | -434.2 |
| Aug | 08 | 5,834.4 | 123.5 | 3,540.7 | 27.6 | 78.8 | 1,255.8 | 1,534.1 | -472.2 |
| Sep | 08 | 5,878.3 | 127.5 | 3,584.4 | 33.6 | 58.6 | 1,238.1 | 1,517.3 | -494.9 |
| Oct | 08 | 6,247.6 | 130.1 | 3,629.6 | 41.1 | 56.6 | 1,353.4 | 1,471.1 | -491.8 |
| Nov | 08 | 6,416.3 | 130.1 | 3,685.1 | 46.5 | 56.6 | 1,468.5 | 1,446.4 | -435.6 |
| Change compared with previous year, per cent | ||||||||
| 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 | ... |
| 2005 | ... | 10.6 | 15.0 | -24.7 | 15.4 | 14.4 | 7.9 | ... |
| 2006 | ... | 8.3 | 14.4 | -31.8 | 12.8 | 10.9 | 8.8 | ... |
| 2007 | ... | 2.7 | 13.5 | -16.4 | 5.2 | 13.3 | 5.0 | ... |
| Jun | 08 | ... | 6.1 | 12.4 | -7.7 | 21.7 | 11.8 | 3.4 | ... |
| Jul | 08 | ... | 9.4 | 12.0 | -5.9 | 26.0 | 10.9 | 3.0 | ... |
| Aug | 08 | ... | 6.6 | 11.6 | -50.8 | 26.3 | 6.4 | 4.4 | ... |
| Sep | 08 | ... | 10.7 | 11.3 | -36.4 | -7.5 | 5.0 | 2.5 | ... |
| Oct | 08 | ... | 10.4 | 12.2 | -24.2 | -12.8 | 13.0 | -1.0 | ... |
| Nov | 08 | ... | 10.6 | 12.3 | 17.9 | -10.6 | 18.8 | -2.2 | ... |
|
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 | Bank notes and coin in circulation1 |
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 original maturity =< 2 years | M3 |
| Kr. billion | |||||||||
| 2003 | 41.0 | 428.1 | 469.1 | 112.2 | 19.2 | 600.5 | 2.7 | 77.3 | 680.5 |
| 2004 | 43.7 | 492.8 | 536.5 | 119.2 | 21.0 | 676.7 | 2.0 | 20.2 | 699.0 |
| 2005 | 47.3 | 596.3 | 643.5 | 114.1 | 18.4 | 776.0 | 14.2 | 8.4 | 798.7 |
| 2006 | 50.7 | 648.6 | 699.3 | 143.0 | 17.9 | 860.2 | 8.0 | 21.3 | 889.5 |
| 2007 | 51.9 | 703.2 | 755.1 | 199.7 | 18.0 | 972.8 | 6.2 | 61.5 | 1,040.6 |
| Jun | 08 | 51.4 | 719.7 | 771.1 | 210.2 | 20.0 | 1,001.3 | 18.0 | 98.2 | 1,117.7 |
| Jul | 08 | 50.8 | 726.6 | 777.4 | 234.4 | 19.9 | 1,031.7 | 17.0 | 100.3 | 1,149.2 |
| Aug | 08 | 50.6 | 721.4 | 772.1 | 225.6 | 19.8 | 1,017.5 | 15.6 | 98.7 | 1,131.9 |
| Sep | 08 | 50.1 | 695.7 | 745.8 | 228.7 | 17.9 | 992.3 | 18.5 | 102.9 | 1,113.8 |
| Oct | 08 | 50.2 | 708.5 | 758.7 | 288.9 | 18.4 | 1,066.0 | 6.5 | 95.3 | 1,167.9 |
| Nov | 08 | 50.3 | 711.5 | 761.8 | 283.2 | 18.7 | 1,063.7 | 7.9 | 86.7 | 1,158.4 |
| Change compared with previous year, per cent | |||||||||
| 2003 | ... | ... | 8.8 | ... | ... | 8.8 | ... | ... | 11.3 |
| 2004 | ... | ... | 14.4 | ... | ... | 12.7 | ... | ... | 2.7 |
| 2005 | ... | ... | 19.9 | ... | ... | 14.7 | ... | ... | 14.3 |
| 2006 | ... | ... | 8.7 | ... | ... | 10.8 | ... | ... | 11.4 |
| 2007 | ... | ... | 8.0 | ... | ... | 13.1 | ... | ... | 17.0 |
| Jun | 08 | ... | ... | 3.1 | ... | ... | 7.4 | ... | ... | 15.6 |
| Jul | 08 | ... | ... | 1.5 | ... | ... | 6.4 | ... | ... | 14.3 |
| Aug | 08 | ... | ... | 3.1 | ... | ... | 5.3 | ... | ... | 12.5 |
| Sep | 08 | ... | ... | 0.4 | ... | ... | 4.0 | ... | ... | 12.4 |
| Oct | 08 | ... | ... | 1.7 | ... | ... | 9.7 | ... | ... | 16.0 |
| Nov | 08 | ... | ... | 1.8 | ... | ... | 9.0 | ... | ... | 14.8 |
| 1 Notes and coin in circulation, excluding the banks' holdings. | ||||||||||
| 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 | ||||||||
| 2003 | 2,204.4 | 468.7 | 662.9 | 271.5 | 285.7 | 764.4 | 823.8 | 795.1 |
| 2004 | 2,418.4 | 495.6 | 754.8 | 324.8 | 309.6 | 780.3 | 823.1 | 908.0 |
| 2005 | 2,867.3 | 652.0 | 920.1 | 396.6 | 370.0 | 862.1 | 975.7 | 1,065.6 |
| 2006 | 3,242.0 | 715.0 | 1,124.3 | 475.0 | 458.0 | 889.6 | 1,133.8 | 1,148.3 |
| 2007 | 3,993.4 | 926.6 | 1,333.6 | 557.4 | 551.8 | 1,065.8 | 1,444.1 | 1,345.6 |
| Jun | 08 | 4,349.5 | 987.5 | 1,423.5 | 577.9 | 587.8 | 1,137.9 | 1,524.3 | 1,424.4 |
| Jul | 08 | 4,277.5 | 969.0 | 1,398.3 | 574.8 | 566.3 | 1,169.9 | 1,508.8 | 1,428.9 |
| Aug | 08 | 4,339.5 | 936.4 | 1,403.1 | 573.6 | 575.0 | 1,240.1 | 1,560.3 | 1,389.1 |
| Sep | 08 | 4,429.9 | 979.8 | 1,438.7 | 592.1 | 582.6 | 1,207.0 | 1,623.9 | 1,377.0 |
| Oct | 08 | 4,750.5 | 1,041.0 | 1,472.7 | 588.0 | 590.3 | 1,166.3 | 1,590.3 | 1,444.3 |
| Nov | 08 | 4,874.8 | 1,088.2 | 1,510.1 | 583.4 | 606.0 | 1,201.0 | 1,686.0 | 1,445.5 |
| Change compared with previous year, per cent | ||||||||
| 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 |
| 2005 | ... | 31.7 | 21.9 | 22.1 | 19.5 | 10.5 | 18.5 | 17.3 |
| 2006 | ... | 9.7 | 22.2 | 19.8 | 23.8 | 3.2 | 16.2 | 7.8 |
| 2007 | ... | 29.6 | 18.6 | 17.4 | 20.5 | 19.8 | 27.4 | 17.2 |
| Jun | 08 | ... | 19.7 | 16.5 | 13.8 | 14.9 | 20.7 | 28.4 | 12.7 |
| Jul | 08 | ... | 17.8 | 16.1 | 12.9 | 14.1 | 24.5 | 34.9 | 9.4 |
| Aug | 08 | ... | 18.8 | 15.4 | 11.8 | 13.1 | 21.2 | 29.2 | 7.0 |
| Sep | 08 | ... | 12.6 | 15.2 | 12.3 | 12.6 | 19.4 | 26.6 | 5.6 |
| Oct | 08 | ... | 17.5 | 17.8 | 11.5 | 15.0 | 13.7 | 22.7 | 9.4 |
| Nov | 08 | ... | 20.5 | 17.9 | 9.3 | 13.8 | 17.0 | 26.1 | 8.7 |
|
|
|||||||||
| 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 | ||||||||
| 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 |
| 2005 | 2,519.9 | 101.4 | 1,664.4 | 1,281.5 | 334.2 | 645.0 | 151.7 | 2,237.0 |
| 2006 | 2,699.9 | 245.1 | 1,834.8 | 1,407.7 | 370.8 | 574.1 | 226.5 | 2,297.9 |
| 2007 | 3,088.2 | 362.8 | 2,015.5 | 1,532.5 | 420.8 | 649.2 | 344.2 | 2,495.2 |
| Jun | 08 | 2,681.8 | 352.0 | 2,102.4 | 1,579.0 | 450.2 | 170.0 | 291.7 | 2,090.4 |
| Jul | 08 | 2,692.1 | 336.0 | 2,116.0 | 1,588.1 | 454.3 | 175.9 | 312.1 | 2,118.5 |
| Aug | 08 | 2,714.0 | 344.8 | 2,126.2 | 1,593.8 | 457.8 | 170.2 | 314.2 | 2,150.0 |
| Sep | 08 | 2,748.0 | 372.9 | 2,136.8 | 1,598.7 | 460.3 | 176.0 | 320.4 | 2,138.0 |
| Oct | 08 | 2,809.0 | 383.8 | 2,147.2 | 1,603.9 | 464.1 | 207.4 | 355.5 | 2,150.9 |
| Nov | 08 | 2,874.8 | 360.1 | 2,158.9 | 1,610.9 | 480.5 | 275.6 | 367.0 | 2,242.1 |
| Change compared with previous year, per cent | ||||||||
| 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 |
| 2005 | ... | 11.1 | 11.7 | 12.3 | 8.5 | 34.0 | 481.5 | 14.6 |
| 2006 | ... | 141.7 | 10.2 | 9.9 | 10.9 | -11.0 | 49.3 | 2.7 |
| 2007 | ... | 48.0 | 9.9 | 8.9 | 13.5 | 13.1 | 52.0 | 8.6 |
| Jun | 08 | ... | 41.4 | 9.5 | 7.4 | 14.7 | 4.3 | 39.2 | 8.1 |
| Jul | 08 | ... | 41.7 | 9.2 | 7.2 | 14.3 | 9.9 | 45.7 | 8.9 |
| Aug | 08 | ... | 31.6 | 8.8 | 6.7 | 14.1 | 11.9 | 35.5 | 9.1 |
| Sep | 08 | ... | 29.3 | 8.6 | 6.6 | 13.0 | 12.3 | 31.2 | 7.7 |
| Oct | 08 | ... | 38.8 | 8.3 | 6.3 | 12.0 | 20.9 | 42.4 | 6.6 |
| Nov | 08 | ... | 25.9 | 8.0 | 6.0 | 14.9 | 54.9 | 42.1 | 9.6 |
| lending to residents by the Banks and the mortgage-credit institutes Table 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 | ||||||||||||
| 2003 | 2,087.7 | 1,343.6 | 683.1 | 693.2 | 271.5 | 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 | |||
| 2005 | 2,614.5 | 1,678.0 | 852.2 | 950.2 | 396.6 | 510.4 | 1,664.4 | 1,281.5 | 341.7 | |||
| 2006 | 3,000.8 | 1,882.7 | 1,015.2 | 1,166.0 | 475.0 | 636.9 | 1,834.8 | 1,407.7 | 378.3 | |||
| 2007 | 3,387.8 | 2,090.0 | 1,189.7 | 1,372.3 | 557.4 | 760.5 | 2,015.5 | 1,532.5 | 429.1 | |||
| Jun | 08 | 3,571.8 | 2,156.9 | 1,296.0 | 1,469.4 | 577.9 | 835.0 | 2,102.4 | 1,579.0 | 461.0 |
| Jul | 08 | 3,558.1 | 2,162.9 | 1,273.3 | 1,442.1 | 574.8 | 808.5 | 2,116.0 | 1,588.1 | 464.8 |
| Aug | 08 | 3,573.0 | 2,167.4 | 1,286.3 | 1,446.8 | 573.6 | 818.0 | 2,126.2 | 1,593.8 | 468.3 |
| Sep | 08 | 3,619.2 | 2,190.8 | 1,303.5 | 1,482.4 | 592.1 | 832.6 | 2,136.8 | 1,598.7 | 470.9 |
| Oct | 08 | 3,663.7 | 2,191.9 | 1,343.6 | 1,516.5 | 588.0 | 868.2 | 2,147.2 | 1,603.9 | 475.4 |
| Nov | 08 | 3,712.8 | 2,194.3 | 1,406.9 | 1,553.8 | 583.4 | 915.0 | 2,158.9 | 1,610.9 | 491.9 |
| Change compared with previous year, per cent | |||||||||
| 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 |
| 2005 | 14.9 | 14.5 | 15.0 | 20.9 | 22.1 | 19.6 | 11.7 | 12.3 | 8.8 |
| 2006 | 14.8 | 12.2 | 19.1 | 22.7 | 19.8 | 24.8 | 10.2 | 9.9 | 10.7 |
| 2007 | 12.9 | 11.0 | 17.2 | 17.7 | 17.4 | 19.4 | 9.9 | 8.9 | 13.4 |
| Jun | 08 | 12.4 | 9.1 | 18.3 | 16.9 | 13.8 | 20.1 | 9.5 | 7.4 | 15.2 |
| Jul | 08 | 12.0 | 8.6 | 17.5 | 16.3 | 12.9 | 19.3 | 9.2 | 7.2 | 14.5 |
| Aug | 08 | 11.4 | 8.0 | 17.3 | 15.5 | 11.8 | 19.2 | 8.8 | 6.7 | 14.2 |
| Sep | 08 | 11.3 | 8.0 | 16.3 | 15.4 | 12.3 | 18.0 | 8.6 | 6.6 | 13.3 |
| Oct | 08 | 12.0 | 7.6 | 18.9 | 17.7 | 11.5 | 22.8 | 8.3 | 6.3 | 12.4 |
| Nov | 08 | 11.9 | 6.9 | 21.5 | 17.8 | 9.3 | 25.0 | 8.0 | 6.0 | 15.3 |
|
Note: Including lending in Danish banks' units abroad. |
||||||||||
| 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 lending 1 | ||||
| Kr. billion | |||||||
| 2003 | 99.5 | 795.0 | 499.0 | 250.0 | 1,393.5 | 85.7 | 44.4 |
| 2004 | 94.6 | 733.9 | 659.8 | 382.2 | 1,488.4 | 84.9 | 170.5 |
| 2005 | 88.6 | 720.3 | 853.9 | 616.0 | 1,662.8 | 80.5 | 315.5 |
| 2006 | 83.5 | 797.5 | 951.7 | 720.5 | 1,832.7 | 85.7 | 432.2 |
| 2007 | 77.9 | 889.2 | 1,045.6 | 796.6 | 2,012.7 | 123.8 | 547.0 |
| Jun | 08 | 75.5 | 890.1 | 1,137.2 | 887.7 | 2,102.8 | 142.5 | 593.7 |
| Jul | 08 | 75.1 | 891.8 | 1,149.9 | 896.1 | 2,116.8 | 144.9 | 601.3 |
| Aug | 08 | 75.2 | 892.8 | 1,159.1 | 901.6 | 2,127.0 | 146.8 | 606.3 |
| Sep | 08 | 75.3 | 891.6 | 1,170.5 | 895.2 | 2,137.3 | 150.3 | 612.7 |
| Oct | 08 | 75.3 | 917.9 | 1,154.7 | 870.5 | 2,147.9 | 152.2 | 617.3 |
| Nov | 08 | 74.9 | 910.7 | 1,174.1 | 870.7 | 2,159.7 | 154.1 | 622.0 |
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 | ||||||||
| Q3 06 | 5.2 | 6.6 | 5.0 | 3.3 | 2.4 | 2.1 | 2.5 | 2.8 |
| Q4 06 | 5.4 | 6.8 | 5.2 | 3.5 | 2.7 | 2.4 | 2.9 | 3.2 |
| Q1 07 | 5.7 | 7.1 | 5.5 | 3.6 | 3.1 | 2.8 | 3.2 | 3.4 |
| Q2 07 | 5.9 | 7.2 | 5.7 | 4.0 | 3.4 | 3.1 | 3.4 | 3.8 |
| Q3 07 | 6.1 | 7.4 | 6.0 | 4.1 | 3.6 | 3.3 | 3.6 | 4.0 |
| Q4 07 | 6.2 | 7.4 | 6.1 | 4.3 | 3.7 | 3.4 | 3.7 | 4.1 |
| Q1 08 | 6.2 | 7.5 | 6.1 | 4.5 | 3.7 | 3.5 | 3.8 | 4.2 |
| Q2 08 | 6.5 | 7.7 | 6.3 | 4.6 | 3.8 | 3.6 | 3.9 | 4.2 |
| Q3 08 | 6.6 | 7.8 | 6.5 | 4.9 | 4.0 | 3.6 | 4.1 | 4.5 |
| Jun | 08 | 6.5 | 7.7 | 6.4 | 4.7 | 3.9 | 3.6 | 3.9 | 4.3 |
| Jul | 08 | 6.6 | 7.8 | 6.4 | 4.8 | 4.0 | 3.6 | 4.1 | 4.4 |
| Aug | 08 | 6.6 | 7.8 | 6.4 | 4.7 | 4.0 | 3.6 | 4.1 | 4.5 |
| Sep | 08 | 6.7 | 7.8 | 6.6 | 5.1 | 4.1 | 3.6 | 4.2 | 4.6 |
| Oct | 08 | 7.0 | 8.2 | 6.9 | 5.3 | 4.4 | 3.8 | 4.5 | 4.9 |
| Nov | 08 | 7.3 | 8.7 | 7.4 | 5.3 | 4.6 | 4.1 | 4.8 | 5.1 |
| 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 | |||||||
| 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 |
| 2005 | 794.7 | 412.1 | 286.4 | 265.7 | 236.5 | 263.0 | 24.4 |
| 2006 | 924.7 | 431.8 | 385.4 | 294.3 | 289.4 | 305.3 | 28.8 |
| 2007 | 1,020.7 | 477.9 | 411.6 | 295.2 | 336.8 | 322.1 | 29.2 |
| Q3 07 | 1,002.2 | 442.6 | 428.8 | 299.8 | 340.9 | 322.8 | 31.1 |
| Q4 07 | 1,020.7 | 477.9 | 411.6 | 295.2 | 336.8 | 322.1 | 29.2 |
| Q1 08 | 963.9 | 466.4 | 356.2 | 268.6 | 329.3 | 304.0 | 23.9 |
| Q2 08 | 951.4 | 467.2 | 352.0 | 256.5 | 324.1 | 310.9 | 23.0 |
| Q3 08 | 889.3 | 458.5 | 302.0 | 238.0 | 310.6 | 275.6 | 19.0 |
| Quarterly transactions, kr. billion | |||||||
| Q3 07 | ... | 17.7 | 8.4 | -0.1 | 22.5 | 0.3 | 0.0 |
| Q4 07 | ... | 40.1 | 2.8 | -0.2 | 3.7 | 6.6 | -2.7 |
| Q1 08 | ... | 4.0 | 12.0 | -3.8 | 11.8 | 2.6 | 0.4 |
| Q2 08 | ... | 12.7 | 9.0 | 1.2 | 2.8 | 20.9 | -0.8 |
| Q3 08 | ... | -11.1 | -11.8 | -3.3 | 3.7 | -20.5 | -2.0 |
| 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 | ||||||||
| 2003 | 2,143.3 | 400.0 | 505.9 | 191.1 | 1,525.5 | 207.2 | 506.6 | 209.6 |
| 2004 | 2,379.2 | 434.4 | 498.8 | 213.6 | 1,768.7 | 218.4 | 604.3 | 245.2 |
| 2005 | 2,559.7 | 461.2 | 434.9 | 205.1 | 2,002.9 | 252.5 | 845.2 | 300.5 |
| 2006 | 2,541.3 | 464.7 | 380.1 | 172.6 | 2,034.9 | 285.9 | 989.4 | 361.8 |
| 2007 | 2,701.2 | 475.8 | 301.9 | 176.2 | 2,247.1 | 287.7 | 996.1 | 445.4 |
| Jun | 08 | 2,263.3 | 456.2 | 280.0 | 178.3 | 1,824.6 | 258.8 | 882.1 | 410.8 |
| Jul | 08 | 2,288.4 | 457.3 | 280.3 | 181.0 | 1,847.1 | 256.4 | 856.3 | 399.5 |
| Aug | 08 | 2,305.8 | 443.4 | 255.4 | 171.7 | 1,886.6 | 252.2 | 858.7 | 411.8 |
| Sep | 08 | 2,318.5 | 434.8 | 263.0 | 170.0 | 1,884.5 | 242.9 | 735.1 | 339.2 |
| Oct | 08 | 2,376.5 | 413.5 | 273.3 | 168.1 | 1,909.0 | 227.6 | 600.8 | 267.6 |
| Nov | 08 | 2,622.8 | 403.9 | 331.5 | 163.9 | 2,093.8 | 222.1 | 552.6 | 251.7 |
Note: Comprise quoted and unquoted securities registered with the VP Securities Services (VP).
| households' financial assets and liabilities Table 13 | ||||||||
| End of period | Assets | Liabilities | ||||||
| Currency and bank deposits, etc. |
Bonds, etc. | Shares and certific ates issued by invest ment associations, etc. | Life-insurance and pension-scheme savings, etc. | Total | Loans, etc. | Net financial assets | Total | |
| Kr. billion | ||||||||
| 2003 | 622 | 166 | 400 | 1,262 | 2,451 | 1,505 | 947 | 2,452 |
| 2004 | 674 | 174 | 473 | 1,403 | 2,724 | 1,640 | 1,085 | 2,725 |
| 2005 | 755 | 172 | 618 | 1,617 | 3,162 | 1,830 | 1,332 | 3,162 |
| 2006 | 808 | 180 | 713 | 1,681 | 3,381 | 2,033 | 1,348 | 3,382 |
| 2007 | 870 | 191 | 699 | 1,724 | 3,485 | 2,217 | 1,268 | 3,485 |
| Q2 07 | 858 | 179 | 749 | 1,691 | 3,477 | 2,117 | 1,360 | 3,477 |
| Q3 07 | 859 | 185 | 742 | 1,716 | 3,502 | 2,143 | 1,359 | 3,502 |
| Q4 07 | 870 | 191 | 699 | 1,724 | 3,485 | 2,217 | 1,268 | 3,485 |
| Q1 08 | 876 | 187 | 626 | 1,729 | 3,420 | 2,270 | 1,150 | 3,420 |
| Q2 08 | 899 | 186 | 603 | 1,708 | 3,395 | 2,272 | 1,123 | 3,395 |
| Companies' financial assets and liabilities Table 14 | |||||||||
| End of period | Assets | Liabilities | |||||||
| Curren -cy, bank deposits and granted credits, etc. | Bonds, etc. | Shares and certific ates issued by invest ment associations, etc. | Total | Debt | Net financial assets | Total | |||
| Loans, etc. | Bonds, etc. issued | Shares, etc. issued | |||||||
| Kr. billion | |||||||||
| 2003 | 662 | 121 | 643 | 1,426 | 1,159 | 109 | 1,131 | -973 | 1,426 |
| 2004 | 647 | 164 | 746 | 1,557 | 1,223 | 142 | 1,248 | -1,056 | 1,557 |
| 2005 | 739 | 167 | 968 | 1,875 | 1,354 | 143 | 1,491 | -1,113 | 1,875 |
| 2006 | 765 | 151 | 1,066 | 1,982 | 1,593 | 140 | 1,554 | -1,305 | 1,982 |
| 2007 | 825 | 132 | 1,106 | 2,064 | 1,721 | 119 | 1,733 | -1,508 | 2,064 |
| Q2 07 | 839 | 139 | 1,151 | 2,129 | 1,668 | 132 | 1,738 | -1,410 | 2,129 |
| Q3 07 | 836 | 133 | 1,166 | 2,136 | 1,678 | 120 | 1,801 | -1,463 | 2,136 |
| Q4 07 | 825 | 132 | 1,106 | 2,064 | 1,721 | 119 | 1,733 | -1,508 | 2,064 |
| Q1 08 | 794 | 131 | 1,056 | 1,982 | 1,782 | 117 | 1,650 | -1,567 | 1,982 |
| Q2 08 | 869 | 124 | 1,119 | 2,113 | 1,842 | 116 | 1,689 | -1,533 | 2,113 |
| 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 | ||||||
| 2003 | 65.9 | 23.2 | 89.2 | -16.8 | -24.0 | 48.3 |
| 2004 | 54.5 | 19.8 | 74.4 | -2.4 | -27.7 | 44.2 |
| 2005 | 43.9 | 38.3 | 82.2 | 9.9 | -25.0 | 67.1 |
| 2006 | 17.3 | 40.5 | 57.8 | 16.6 | -27.4 | 47.0 |
| 2007 | -2.3 | 41.7 | 39.4 | 0.8 | -28.2 | 12.0 |
| Dec 06 - Nov 07 | 0.0 | 39.4 | 39.5 | 1.8 | -29.0 | 12.2 |
| Dec 07 - Nov 08 | -10.0 | 49.6 | 39.6 | 24.2 | -31.3 | 32.5 |
| Jun | 08 | 0.1 | 4.1 | 4.2 | 3.1 | -2.1 | 5.2 |
| Jul | 08 | 0.3 | 3.2 | 3.5 | 3.4 | -2.5 | 4.4 |
| Aug | 08 | -3.3 | 7.2 | 4.0 | 2.4 | -2.6 | 3.8 |
| Sep | 08 | -0.4 | 5.9 | 5.5 | 3.4 | -2.2 | 6.7 |
| Oct | 08 | -1.2 | 5.5 | 4.4 | 2.9 | -3.3 | 4.0 |
| Nov | 08 | 0.3 | 5.1 | 5.4 | 4.4 | -2.3 | 7.5 |
Note: As of 2005 the compilation is based on new sources and methodologies resulting in breaks in data.
| Financial account of the balance of payments (net payments from abroad) Table 16 |
|||||||
| Current account and capital account, etc., total |
Capital import | Other 2 | Danmarks National bank's transactions with abroad3 | ||||
| Direct investments |
Portfolio investments 1 | Other capital import | |||||
| Danish abroad |
Foreign in Denmark | ||||||
| Kr. billion | |||||||
| 2003 | 48.3 | -8.0 | 17.8 | -98.3 | 72.5 | -1.5 | 30.8 |
| 2004 | 44.4 | 62.1 | -62.6 | -87.1 | -22.5 | 59.4 | -6.2 |
| 2005 | 70.0 | -97.1 | 77.2 | -68.8 | 23.2 | -16.2 | -11.8 |
| 2006 | 47.0 | -50.2 | 16.1 | -103.3 | 83.4 | -31.4 | -38.3 |
| 2007 | 12.3 | -111.7 | 64.5 | -34.2 | 54.1 | 13.7 | -1.2 |
| Dec 06 - Nov 07 | 12.2 | -82.8 | 36.8 | 18.2 | -21.1 | 39.2 | 2.5 |
| Dec 07 - Nov 08 | 33.0 | -126.3 | 55.9 | -55.8 | 19.3 | -48.6 | -122.5 |
| Jun | 08 | 5.3 | 10.9 | -0.3 | 3.2 | -32.8 | 15.5 | 1.8 |
| Jul | 08 | 4.4 | -12.7 | 5.8 | -1.0 | 24.8 | -21.1 | 0.2 |
| Aug | 08 | 3.8 | -10.2 | 4.4 | -20.9 | 20.8 | 2.3 | 0.2 |
| Sep | 08 | 6.8 | -16.8 | 6.4 | -6.1 | -17.7 | -4.2 | -31.6 |
| Oct | 08 | 4.1 | -4.9 | 0.5 | 22.0 | -106.8 | -3.5 | -88.6 |
| Nov | 08 | 7.5 | 5.9 | 4.8 | -16.1 | 25.1 | -16.6 | 10.7 |
1 This item may differ from the total of the below Table 17, as portfolio investments are published 1-2 weeks earlier than the rest of the balance of payments.
2 Including errors and omissions and until end-December 2004 unrecorded trade credits.
3 As from 2005 transactions on all Danmarks Nationalbank's accounts with abroad. Until end-2004 only transactions on accounts included by compilation of the foreign-exchange reserve, published by press release on the 2nd banking day of each month and included in Table 2 of this section.
| Portfolio investments of the balance of payments (net payments from abroad) Table 17 |
||||||
| Danish securities | Foreign securities | Total 1 | ||||
| Krone-denominated bonds, etc. |
Foreign currency denom inated bonds, etc. |
Shares | Bonds, etc. |
Shares | ||
| Kr. billion | ||||||
| 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 |
| 2005 | 20.8 | 122.5 | -18.9 | -108.2 | -85.0 | -68.8 |
| 2006 | 16.3 | 70.0 | -34.4 | -21.5 | -133.8 | -103.3 |
| 2007 | 26.0 | 72.6 | 17.2 | -97.1 | -52.8 | -34.2 |
| Jun | 08 | 1.7 | 2.5 | 8.7 | -30.8 | 21.1 | 3.2 | ||||||||||
| Jul | 08 | -4.9 | 13.5 | -1.8 | -11.3 | 3.6 | -1.0 | ||||||||||
| Aug | 08 | -17.5 | 13.5 | -1.3 | -12.5 | -3.1 | -20.9 | ||||||||||
| Sep | 08 | -7.0 | -28.4 | 0.7 | 8.7 | 19.8 | -6.1 | ||||||||||
| Oct | 08 | -17.1 | 32.4 | -10.7 | -8.8 | 26.2 | 22.0 | ||||||||||
| Nov | 08 | -4.7 | 10.6 | -1.2 | -28.4 | 7.6 | -16.1 | ||||||||||
|
Note: A negative sign (-) indicates residents' net purchase of foreign securities, or non-residents' net sale of Danish securities. 1 This item may differ from "Portfolio investments" in the above Table 16, as the rest of the balance of payments is published 1-2 weeks later. |
|||||||||||||||||
| Denmark's external assets and liabilities Table 18 | |||||||||||||||||
| End of period | Direct investments |
Portfolio investments |
Financial derivatives, net | Other investments | Danmarks Nationalbank | Total | |||||||||||
| Equity | Intercompany debt, etc. | Shares, etc. | Bonds, etc. | Trade credits | Loans and deposits | Other | |||||||||||
| Kr. billion | |||||||||||||||||
| Assets | |||||||||||||||||
| 2003 | 413 | 198 | 309 | 446 | 17 | 57 | 518 | 31 | 230 | 2,221 | |||||||
| 2004 | 471 | 220 | 369 | 547 | 48 | 34 | 584 | 20 | 223 | 2,515 | |||||||
| 2005 | 564 | 253 | 556 | 684 | 85 | 37 | 720 | 19 | 217 | 3,136 | |||||||
| 2006 | 583 | 257 | 741 | 674 | 47 | 41 | 823 | 30 | 178 | 3,374 | |||||||
| 2007 | 629 | 284 | 789 | 733 | -3 | 49 | 1,035 | 32 | 176 | 3,724 | |||||||
| Q3 07 | 633 | 290 | 823 | 661 | 1 | 47 | 1,022 | 31 | 191 | 3,700 |
| Q4 07 | 629 | 284 | 789 | 733 | -3 | 49 | 1,035 | 32 | 176 | 3,724 |
| Q1 08 | 619 | 302 | 683 | 690 | 14 | 51 | 1,073 | 32 | 185 | 3,651 |
| Q2 08 | 678 | 318 | 663 | 740 | -4 | 53 | 1,154 | 33 | 169 | 3,803 |
| Q3 08 | 659 | 394 | 587 | 757 | 18 | 53 | 1,124 | 31 | 165 | 3,789 |
| Liabilities | ||||||||||
| 2003 | 434 | 162 | 186 | 762 | ... | 28 | 801 | 13 | 4 | 2,391 |
| 2004 | 429 | 208 | 241 | 857 | ... | 20 | 816 | 20 | 2 | 2,593 |
| 2005 | 506 | 231 | 311 | 1,019 | ... | 27 | 967 | 21 | 3 | 3,084 |
| 2006 | 488 | 273 | 358 | 1,067 | ... | 32 | 1,144 | 34 | 4 | 3,401 |
| 2007 | 528 | 272 | 427 | 1,122 | ... | 36 | 1,407 | 37 | 5 | 3,835 |
| Q3 07 | 542 | 259 | 439 | 1,153 | ... | 32 | 1,306 | 37 | 3 | 3,772 |
| Q4 07 | 528 | 272 | 427 | 1,122 | ... | 36 | 1,407 | 37 | 5 | 3,835 |
| Q1 08 | 520 | 281 | 388 | 1,143 | ... | 36 | 1,448 | 35 | 3 | 3,855 |
| Q2 08 | 529 | 292 | 416 | 1,135 | ... | 39 | 1,534 | 38 | 2 | 3,984 |
| Q3 08 | 540 | 293 | 344 | 1,128 | ... | 42 | 1,541 | 37 | 27 | 3,952 |
| Net assets | ||||||||||
| 2003 | -21 | 36 | 123 | -315 | 17 | 29 | -283 | 19 | 226 | -170 |
| 2004 | 42 | 12 | 128 | -310 | 48 | 14 | -233 | 0 | 221 | -78 |
| 2005 | 59 | 22 | 245 | -335 | 85 | 10 | -247 | -2 | 214 | 51 |
| 2006 | 94 | -16 | 382 | -393 | 47 | 9 | -321 | -5 | 174 | -27 |
| 2007 | 100 | 12 | 363 | -389 | -3 | 13 | -372 | -5 | 171 | -112 |
| Q3 07 | 91 | 31 | 384 | -493 | 1 | 15 | -284 | -6 | 188 | -72 |
| Q4 07 | 100 | 12 | 363 | -389 | -3 | 13 | -372 | -5 | 171 | -112 |
| Q1 08 | 99 | 21 | 295 | -453 | 14 | 15 | -375 | -3 | 183 | -204 |
| Q2 08 | 149 | 26 | 247 | -395 | -4 | 14 | -380 | -5 | 167 | -181 |
| Q3 08 | 119 | 101 | 243 | -372 | 18 | 11 | -417 | -5 | 138 | -163 |
|
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 | ||||||||
| 2003 | 1,400.7 | 666.9 | 371.2 | 271.8 | 3.2 | 1,313.1 | 635.1 | 547.6 |
| 2004 | 1,466.2 | 707.2 | 389.0 | 285.0 | 13.5 | 1,394.8 | 665.0 | 593.6 |
| 2005 | 1,545.3 | 745.1 | 402.5 | 303.9 | 17.9 | 1,469.5 | 757.0 | 681.2 |
| 2006 | 1,628.6 | 792.8 | 422.5 | 349.5 | 14.4 | 1,579.2 | 846.5 | 797.0 |
| 2007 | 1,687.9 | 826.7 | 438.8 | 376.7 | 9.5 | 1,651.7 | 882.8 | 846.6 |
| Q3 07 | 421.5 | 201.4 | 109.1 | 92.7 | 4.1 | 407.2 | 224.0 | 209.7 |
| Q4 07 | 444.5 | 220.1 | 114.3 | 102.3 | -3.6 | 433.1 | 233.9 | 222.6 |
| Q1 08 | 414.6 | 209.1 | 110.2 | 88.3 | 4.6 | 412.2 | 226.1 | 223.7 |
| Q2 08 | 441.8 | 216.3 | 113.5 | 96.9 | 4.0 | 430.8 | 246.7 | 235.7 |
| Q3 08 | 438.2 | 210.3 | 115.5 | 96.0 | 4.5 | 426.4 | 247.7 | 235.8 |
| Real growth compared with previous year, per cent |
| 2003 | 0.4 | 1.0 | 0.7 | -0.2 | ... | 0.0 | -1.0 | -1.6 |
| 2004 | 2.3 | 4.7 | 1.8 | 3.9 | ... | 4.4 | 2.8 | 7.7 |
| 2005 | 2.4 | 3.8 | 1.3 | 4.7 | ... | 3.5 | 8.0 | 11.1 |
| 2006 | 3.3 | 4.4 | 2.1 | 13.3 | ... | 5.3 | 9.1 | 13.9 |
| 2007 | 1.6 | 2.4 | 1.3 | 3.1 | ... | 2.0 | 2.2 | 2.8 |
| Q3 07 | 2.1 | 3.5 | 0.5 | 0.5 | ... | 2.1 | 2.6 | 2.5 |
| Q4 07 | 1.9 | 3.5 | 1.8 | 3.9 | ... | 2.3 | 0.5 | 0.7 |
| Q1 08 | -0.8 | 2.1 | 0.1 | -2.7 | ... | 0.6 | 1.5 | 4.1 |
| Q2 08 | 0.6 | 2.0 | 0.5 | -1.1 | ... | 0.8 | 7.3 | 7.9 |
| Q3 08 | -1.2 | 0.6 | 1.2 | 0.5 | ... | 0.6 | 2.4 | 6.1 |
| Real growth compared with previous quarter (seasonally adjusted), per cent |
||||||||
| Q3 07 | 1.6 | 1.3 | 0.0 | 1.2 | ... | 1.0 | 3.7 | 2.6 |
| Q4 07 | -0.2 | 1.3 | 1.2 | 1.7 | ... | 1.4 | 0.0 | 0.5 |
| Q1 08 | -1.2 | -0.4 | -0.9 | -2.3 | ... | -1.0 | 1.1 | 2.6 |
| Q2 08 | 0.4 | -0.3 | 0.2 | -1.6 | ... | -0.4 | 2.5 | 2.0 |
| Q3 08 | -0.4 | -0.2 | 0.7 | 2.7 | ... | 0.7 | -1.1 | 0.8 |
| 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 prices3 |
Index of net retail prices excl. energy, food and admini-stered prices3 |
Split into4: | ||||
| Rent | Public services | Import content5 | IMI6 | |||||||
| Weights, per cent | ||||||||||
| 100 | 10.8 | 19.6 | 69.6 | 7.7 | 4.5 | 57.4 | 50.7 | 16.2 | 34.5 | |
| Year-on-year growth, per cent | ||||||||||
| 2003 | 2.0 | 0.9 | 0.7 | 2.6 | 2.7 | 8.1 | 2.1 | 1.9 | 0.4 | 2.6 |
| 2004 | 0.9 | 2.6 | -2.1 | 1.5 | 2.8 | 4.8 | 1.1 | 0.8 | 1.1 | 0.6 |
| 2005 | 1.7 | 7.6 | 1.0 | 1.0 | 2.4 | 3.2 | 0.6 | 0.7 | 3.4 | -0.6 |
| 2006 | 1.9 | 5.3 | 2.2 | 1.2 | 2.1 | 0.9 | 1.1 | 1.3 | 3.1 | 0.4 |
| 2007 | 1.7 | 0.3 | 3.7 | 1.3 | 2.1 | 0.6 | 1.2 | 1.4 | 1.4 | 1.4 |
| Q1 06 | 2.0 | 8.9 | 0.9 | 1.2 | 2.2 | 2.6 | 1.0 | 1.1 | 3.7 | -0.1 |
| Q2 06 | 2.0 | 8.3 | 1.9 | 1.0 | 2.0 | 0.4 | 1.0 | 1.1 | 3.8 | -0.2 |
| Q3 06 | 1.8 | 3.9 | 2.6 | 1.3 | 2.0 | 0.2 | 1.2 | 1.6 | 3.2 | 0.8 |
| Q4 06 | 1.6 | 0.4 | 3.5 | 1.3 | 2.0 | 0.4 | 1.3 | 1.3 | 1.9 | 1.0 |
| Q1 07 | 1.9 | 1.1 | 4.1 | 1.3 | 2.0 | 0.3 | 1.3 | 1.3 | 1.7 | 1.1 |
| Q2 07 | 1.5 | -1.7 | 3.6 | 1.5 | 2.1 | 0.2 | 1.5 | 1.4 | 0.9 | 1.7 |
| Q3 07 | 1.0 | -1.4 | 2.0 | 1.2 | 2.2 | 0.8 | 1.0 | 1.2 | 0.9 | 1.4 |
| Q4 07 | 2.2 | 3.3 | 5.2 | 1.2 | 2.0 | 1.0 | 1.2 | 1.6 | 2.0 | 1.4 |
| Q1 08 | 3.2 | 7.5 | 6.0 | 1.7 | 2.2 | 2.4 | 1.6 | 2.0 | 3.6 | 1.2 |
| Q2 08 | 3.7 | 9.7 | 7.4 | 1.7 | 2.6 | 4.0 | 1.4 | 1.8 | 4.2 | 0.6 |
| Q3 08 | 4.6 | 10.4 | 8.6 | 2.5 | 3.9 | 3.7 | 2.2 | 2.2 | 5.0 | 0.9 |
| Note: The weights reflect the weighting basis as of January 2006. 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 57.4 per cent of HICP's weight basis and 50.7 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 industry 1 2000=100 |
Retail trade 2000=100 |
Manufacturing industry | Building and construction |
Service | |||||
| Number | Balance per cent | ||||||||
| 2003 | 5.7 | 102.5 | 107.8 | 3,039 | 96,501 | 1 | -6 | -18 | -2 |
| 2004 | 5.8 | 102.1 | 113.4 | 2,640 | 122,543 | 7 | 3 | -5 | 13 |
| 2005 | 5.1 | 103.8 | 120.1 | 1,874 | 148,578 | 9 | 1 | 7 | 20 |
| 2006 | 3.9 | 108.0 | 124.0 | 1,231 | 156,719 | 10 | 9 | 21 | 24 |
| 2007 | 2.8 | 112.6 | 125.1 | 1,392 | 162,480 | 7 | 4 | 9 | 20 |
| 2008 | ... | ... | ... | 2,840 | ... | -8 | -8 | -16 | 3 |
| Seasonally adjusted | ||||||||||
| Jul | 08 | 1.7 | 114.8 | 119.7 | 266 | 12,838 | -9 | -5 | -13 | 5 |
| Aug | 08 | 1.7 | 112.2 | 120.4 | 266 | 12,381 | -12 | -10 | -17 | 6 |
| Sep | 08 | 1.7 | 113.0 | 120.7 | 273 | 12,087 | -11 | -13 | -24 | 2 |
| Oct | 08 | 1.8 | 112.5 | 119.3 | 321 | 10,925 | -16 | -13 | -28 | -8 |
| Nov | 08 | 1.9 | 106.0 | 119.9 | 267 | 8,959 | -13 | -19 | -33 | -11 |
| Dec | 08 | ... | ... | ... | 358 | ... | -13 | -22 | -34 | -22 |
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 2006 |
||||
| Total | Private | All sectors in Denmark, total |
Manufacturing industry in Denmark |
Manufacturing industry abroad |
||
| 1,000 persons | 1996=100 | |||||
| 2003 | 2,756 | 1,914 | 133.3 | 133.8 | 124.1 | 64.4 |
| 2004 | 2,739 | 1,898 | 137.4 | 138.0 | 127.5 | 70.1 |
| 2005 | 2,767 | 1,924 | 141.4 | 141.7 | 130.7 | 82.5 |
| 2006 | 2,822 | 1,978 | 145.7 | 146.2 | 134.0 | 100.0 |
| 2007 | 2,898 | 2,056 | 151.3 | 152.0 | 137.1 | 104.8 |
| Seasonally adjusted | ||||||
| Q3 07 | 2,905 | 2,063 | 152.2 | 152.7 | 137.4 | 105.8 |
| Q4 07 | 2,914 | 2,074 | 153.7 | 154.3 | 138.8 | 103.9 |
| Q1 08 | 2,926 | 2,084 | 155.4 | 155.9 | 140.9 | 102.8 |
| Q2 08 | 2,920 | 2,079 | 157.4 | 158.0 | 141.1 | 102.7 |
| Q3 08 | 2,896 | 2,051 | 158.9 | 158.8 | 142.4 | ... |
| Change compared with previous year, per cent | ||||||
| 2003 | -1.1 | -1.2 | 3.7 | 4.2 | 3.0 | 3.2 |
| 2004 | -0.6 | -0.8 | 3.1 | 3.1 | 2.7 | 8.9 |
| 2005 | 1.0 | 1.4 | 2.9 | 2.7 | 2.5 | 17.6 |
| 2006 | 2.0 | 2.8 | 3.1 | 3.1 | 2.5 | 21.6 |
| 2007 | 2.7 | 4.0 | 3.8 | 4.0 | 2.3 | 4.6 |
| Q3 07 | 2.9 | 4.3 | 4.0 | 4.2 | 2.3 | 2.7 |
| Q4 07 | 2.2 | 3.4 | 4.3 | 4.3 | 2.7 | 1.2 |
| Q1 08 | 1.4 | 2.0 | 4.4 | 4.3 | 3.9 | -1.2 |
| Q2 08 | 1.2 | 1.6 | 4.6 | 4.5 | 3.3 | -2.7 |
| Q3 08 | -0.3 | -0.6 | 4.4 | 4.0 | 3.6 | ... |
| Exchange rates Table 23 | |||||||
| EUR | USD | GBP | SEK | NOK | CHF | JPY | |
| Kroner per 100 units | |||||||
| Average | |||||||
| 2004 | 743.98 | 598.93 | 1,096.69 | 81.54 | 88.90 | 481.96 | 5.5366 |
| 2005 | 745.19 | 600.34 | 1,090.02 | 80.29 | 93.11 | 481.30 | 5.4473 |
| 2006 | 745.91 | 594.70 | 1,094.32 | 80.62 | 92.71 | 474.22 | 5.1123 |
| 2007 | 745.06 | 544.56 | 1,089.81 | 80.57 | 92.99 | 453.66 | 4.6247 |
| 2008 | 745.60 | 509.86 | 939.73 | 77.73 | 91.02 | 469.90 | 4.9494 |
| Jul | 08 | 745.99 | 473.07 | 940.65 | 78.89 | 92.69 | 460.71 | 4.4286 |
| Aug | 08 | 745.95 | 498.34 | 940.97 | 79.37 | 93.57 | 460.13 | 4.5601 |
| Sep | 08 | 745.83 | 519.17 | 933.27 | 77.99 | 91.46 | 467.85 | 4.8701 |
| Oct | 08 | 745.45 | 560.29 | 947.73 | 75.69 | 86.83 | 490.96 | 5.6096 |
| Nov | 08 | 744.85 | 585.07 | 897.17 | 73.57 | 84.58 | 491.36 | 6.0444 |
| Dec | 08 | 745.03 | 557.46 | 829.94 | 69.51 | 79.55 | 482.65 | 6.1078 |
| 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 | 2005=100 | |||||
| 2003 | 101.2 | 234.7 | 220.3 | 107.9 | 108.4 | 95.8 |
| 2004 | 102.2 | 237.4 | 224.0 | 108.3 | 109.8 | 97.9 |
| 2005 | 101.6 | 241.7 | 228.4 | 107.6 | 109.4 | 100.0 |
| 2006 | 101.6 | 246.2 | 233.0 | 107.5 | 110.2 | 102.2 |
| 2007 | 103.2 | 250.5 | 238.2 | 108.5 | 113.5 | 104.4 |
| 2008 | 105.8 | ... | ... | ... | ... | ... |
| Jul | 08 | 106.7 | 259.6 | 247.8 | 111.5 | ... | 108.5 |
| Aug | 08 | 105.8 | 260.0 | 247.6 | 111.0 | ... | 108.3 |
| Sep | 08 | 105.4 | 261.1 | 248.2 | 111.1 | 117.3 | 108.5 |
| Oct | 08 | 104.5 | 260.7 | 247.9 | 110.5 | ... | 108.6 |
| Nov | 08 | 104.7 | 260.0 | 246.5 | 111.3 | ... | 108.0 |
| Dec | 08 | 107.4 | ... | ... | ... | ... | ... |
| Change compared with previous year, per cent | ||||||
| 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 |
| 2005 | -0.6 | 1.8 | 1.9 | -0.7 | -0.3 | 2.2 |
| 2006 | 0.0 | 1.9 | 2.0 | 0.0 | 0.7 | 2.2 |
| 2007 | 1.6 | 1.7 | 2.2 | 0.9 | 3.0 | 2.1 |
| 2008 | 2.5 | ... | ... | ... | ... | ... |
| Jul | 08 | 3.3 | 4.0 | 4.0 | 3.1 | ... | 4.0 |
| Aug | 08 | 2.5 | 4.3 | 3.9 | 3.0 | ... | 3.8 |
| Sep | 08 | 1.9 | 4.2 | 3.8 | 2.6 | 3.0 | 3.6 |
| Oct | 08 | 0.8 | 3.7 | 3.3 | 1.9 | ... | 3.2 |
| Nov | 08 | 0.2 | 2.7 | 2.2 | 1.7 | ... | 2.1 |
| Dec | 08 | 2.6 | ... | ... | ... | ... | ... |
|
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. |
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14-01-2009 07:03:00 Antal sider: 24 Rev. nr. 9 H:\kvo\ENG\2008\4qt\færdige\tabtill_4qtr_08.doc Oprettet af Palle Lorentzen