The GDP at market price was just above DKK 19.7 billion in 2018, an increase of DKK 500 million (2.6%) on 2017. This growth is slightly lower than during the 2013-2017 period. A key reason for this is a lower gross value added (GVA) in the fish farming industry.
The figures below represent national accounts at current prices. Rather than measuring in real growth, the figures outline different measurements composed of price and volume per fiscal year.
The GDP at market price is calculated as the total GVA across all industry sectors plus VAT and taxes on products. The table below shows the GVA at current prices grouped into industrial sectors from 2015 to 2018
The graph below shows the annual GVA values across four main industrial sectors: the primary sector (red), public administration and services (yellow), industry, energy and construction (orange) and other service industries (blue).
These sectors, with the exception of fishing, aquaculture and food manufacturing, predominantly produce products and services for domestic consumption and investments.
The graph below shows the changes in the distribution of GVA across four main industrial sectors from 1998 to 2018. It shows that the 2018 distribution had essentially returned to the same level as in 1998.