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Danish living standards are among the highest in the world. A major long-term issue will be the sharp decline in the ratio of workers to retirees. GDP (purchasing power parity): $203.3 billion (2007 est.) GDP (official exchange rate): $311.9 billion (2007 est.) GDP - real growth rate: 1.7% (2007 est.) GDP - per capita (PPP): $37,200 (2007 est.) GDP - composition by sector: agriculture: 1.3% industry: 25.7% services: 73% (2007 est.) Labor force: 2.86 million (2007 est.) Labor force - by occupation: agriculture: 3% industry: 21% services: 76% (2004 est.) Unemployment rate: 2.8% (2007 est.) Population below poverty line: NA% Household income or consumption by percentage share: lowest 10%: 2% highest 10%: 24% (2000 est.) Distribution of family income - Gini index: 24 (2005) Investment (gross fixed): 22.9% of GDP (2007 est.) Budget: revenues: $170.6 billion expenditures: $156.8 billion (2007 est.) Fiscal year: calendar year Public debt: 26% of GDP (2007 est.) Inflation rate (consumer prices): 1.7% (2007 est.) Central bank discount rate: 4% (31 December 2007) Commercial bank prime lending rate: NA Stock of money: $148.7 billion (31 December 2007) Stock of quasi money: $81.64 billion (31 December 2007) Stock of domestic credit: $684.7 billion (31 December 2007) Agriculture - products: barley, wheat, potatoes, sugar beets; pork, dairy products; fish Industries: iron, steel, nonferrous metals, chemicals, food processing, machinery and transportation equipment, textiles and clothing, electronics, construction, furniture and other wood products, shipbuilding and refurbishment, windmills, pharmaceuticals, medical equipment Industrial production growth rate: 0.5% (2007 est.) Electricity - production: 36.99 billion kWh (2007 est.) Electricity - consumption: 34.68 billion kWh (2006 est.) Electricity - exports: 11.38 billion kWh (2007 est.) Electricity - imports: 10.43 billion kWh (2007 est.) Electricity - production by source: fossil fuel: 82.7% hydro: 0.1% nuclear: 0% other: 17.3% (2001) Oil - production: 313,800 bbl/day (2007 est.) Oil - consumption: 190,600 bbl/day (2007 est.) Oil - exports: 320,000 bbl/day (2006) Oil - imports: 164,000 bbl/day (2006 est.) Oil - proved reserves: 1.188
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