s likely to fit into the EMU
on time. Denmark is weathering the current worldwide slump better
than many West European countries. Although unemployment is high, it
remains stable compared to most European countries.

GDP: purchasing power parity - $112.8 billion (1995 est.)

GDP real growth rate: 3.1% (1995 est.)

GDP per capita: $21,700 (1995 est.)

GDP composition by sector:
agriculture: 3%
industry: 23.5%
services: 73.5% (1994)

Inflation rate (consumer prices): 2.4% (1995 est.)

Labor force: 2,553,900
by occupation: private services 37.1%, government services 30.4%,
manufacturing and mining 20%, construction 6.3%, agriculture,
forestry, and fishing 5.6%, electricity/gas/water 0.6% (1991)

Unemployment rate: 9.5% (1995)

Budget:
revenues: $56.5 billion
expenditures: $64.4 billion, including capital expenditures of $NA
(1994 est.)

Industries: food processing, machinery and equipment, textiles and
clothing, chemical products, electronics, construction, furniture,
and other wood products, shipbuilding

Industrial production growth rate: -2.5% (1993 est.)

Electricity:
capacity: 10,030,000 kW
production: 32 billion kWh
consumption per capita: 5,835 kWh (1993)

Agriculture: grain, potatoes, rape, sugar beets; meat, dairy
products; fish

Exports: $39.6 billion (f.o.b., 1994)
commodities: meat and meat products, dairy products, transport
equipment (shipbuilding), fish, chemicals, industrial machinery
partners: EU 49.4% (Germany 22.4%, UK 8.2%), Sweden 10.4%, Norway
6.5%, US 5.5%, Japan 4.1%, FSU 1.7% (1994)

Imports: $34 billion (c.i.f., 1994 est.)
commodities: petroleum, machinery and equipment, chemicals, grain
and foodstuffs, textiles, paper
partners: EU 51% (Germany 22%, UK 6.5%), Sweden 11.6%, Norway 5.1%,
US 5.2%, Japan 3.5%, FSU 1.7% (1994)

External debt: $40.9 billion (1994 est.)

Economic aid:
donor: ODA, $1.34 billion (1993)

Currency: 1 Danish krone (DKr) = 100 oere

Exchange rates: Danish kroner (DKr) per US$1 - 5.652 (January
1996), 5.602 (1995), 6.361 (1994), 6.484 (1993), 6.036 (1992), 6.396
(1991)

Fiscal year: calendar year

Transportation
--------------

Railways:
total: 2,848 km (499 km privately owned and operated)
standard gauge: 2,848 km 1.435-m gauge (326 km electrified; 760 km
double track) (1995)

Highways:
total: 71,042 km
paved: 71,042 km (including 696 km of expressways)
unpave