Denmark

Denmark is a country of rich and diverse history. From the early Saxons who were capable of traversing the dangerous North Sea, to the supermodel Helena Christensen who boldly conquers the catwalk, Denmark captivates the imagination and constantly evolves.

Denmark is the least corrupt country in the world

We are proud that Denmark is the world leader in tackling corruption, and for the second time in 3 years has been recognised as the world’s least corrupt country in 2012.

Below is the top twenty least corrupt countries as presented in the 2012 Corruption Perception Index for countries. The full results are available here, from Transparency International.

Denmark stability

Denmark is one of the stable economies in Europe. Denmark decided against joining the Euro, but has pegged it’s currency, the Krone, to the Euro. The economy took a dip during the recession and GDP was negative for 2008 and 2009. However, that has since returned to a positive growth and Denmark has traversed the recession without as many problems as some of our European counterparts.

Financial status

The GDP of Denmark is the 52nd largest in the world, at over US$200bn. It is testament to the good financial management and skill of the Danish Government that Denmark has avoided some of the bigger problems facing other European countries. This is why we are confident in establishing Qudos Insurance A/S within such a well-regulated framework.

Denmark performance charts

Denmark has demonstrated a stable and strong economy over the last five years, as can be demonstrated by the charts below, comparing Denmark’s performance to other European economies.

All figures are taken from the Office for Economic Co-operation and Development (OECD) website, which is available here, on October 26th, 2011.

Denmark GDP

All figures in USDx1,000 – current price, current PPP

These national accounts estimates are compiled according to the 1993 SNA (‘System of National Accounts 1993′, Commission of the European Communities-Eurostat, International Monetary Fund, Organisation for Economic Co-operation and Development, United Nations and World Bank, 1993).
The financial intermediation services indirectly measured (FISIM) are allocated to industries and institutional sectors.
Original chain constant price estimates are referenced to 2000.

Long term interest rate comparison

The [Financial Indicators (MEI)] dataset is a subset of the [Main Economic Indicators] (MEI) database which contains predominantly monthly statistics, and associated statistical methodological information, for the 34 OECD member countries and the non-member countries: Brazil, China, India, Indonesia, Russian Federation, and South Africa. The MEI database contains a wide variety statistics that can be classified as Short-Term Economic Statistics.
The [Financial Indicators (MEI)] dataset itself contains financial statistics on five separate subjects: Monetary Aggregates, Interest Rates, Exchange Rates, Reserve Assets, and Share Prices. The data series presented within these subjects have been chosen as the most relevant financial statistics in the MEI database for which comparable data across countries is available. In all cases a lot of effort has been made to ensure that the data are internationally comparable across all countries presented and that all the subjects have good historical time-series’ data to aid with analysis. All data are available monthly, and are presented as either an index (where the year 2005 is the base year) or as a level depending on which measure is seen as the most appropriate and/or useful in the economic analysis context.

Central Government Debt as a Percentage of GDP

The focus of this dataset is to provide comprehensive quantitative information on marketable and non-marketable central government debt instruments in all OECD member countries. The coverage of the data is limited to central government debt issuance and excludes therefore state and local government debt and social security funds.