Retail Sales in Denmark
The Danish economy recorded an average growth rate of 0.8% in the decade to 2022. In 2022, retail sales growth was -5.0%.
Denmark Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Denmark from 2022 to 2017.
Source: Macrobond.
Denmark Retail Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | -0.2 | 4.3 | 2.9 | -5.7 | -1.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Danish retail projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Danish retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Danish retail projections.
Want to get access to the full dataset of Danish retail forecasts? Send an email to info@focus-economics.com.