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Denmark Binary Options Resources

denmarkKnowing just how well any country is doing is possibly going to give you very clear indication in regards to what types of Binary Options trades you may be interested in placing on companies based in the country that has caught your attention.

Denmark is of course one of many countries that make up Western Europe and to help you get a much more detailed overview of how well Denmark is doing, below you will find a range of important historical and current market and financial data.

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National Bank

The National Bank of Denmark website is where you will find lots of information in regards to the regulation of all banking institutions that are licensed to operate in Denmark. Recent ratings given for Government Bonds in Denmark are as follows: Standard & Poor’s: AAA, Moody’s rating: Aaa and the Moody’s outlook is listed as being: STA.

Denmark is another country in Europe that has to date decided to keep their own home currency and that currency for information purposes is the Danish Krone.

Denmark International Financial Reserves

Based on the latest set of figures released Denmark has International Reserves of US$ 86.269 billion.

Real GDP Growth in Denmark

Based on the last batch of finalised reports in the last 12 years Denmark had 3 years of negative real GDP growth which was in 2008, 2009 and 2012 when the real GDP growth for Denmark was reported as being -0.8%, 5.7% and 0.4% respectively.

The figures for real GDP growth since 2003 to 2014 are as follows: 2003 0.4%, 2004 2.3%, 2005 2.4%, 2006 3.4%, 2007 1.6%, 2008 0.8%, 2009 5.7%, 2010 1.4%, 2011 1.1%, 2012 -0.4%, 2013 0.4%, 2014 1.5%

Denmark GDP as a Percentage of Composition by each Market Sector

The following three market sectors and their respective figures are the percentage of composition on each of those market sectors of GDP of Denmark.

The Agriculture market sector makes up 1.5% of GDP in Denmark, whilst the Industry market sector makes up 21.7% of the total GDP in Denmark and the Services market sector is responsible for 76.8% of total GDP in Denmark.

Inflation and Unemployment in Denmark

The rate of inflation in Denmark over the last five years has been reported as being as follows: 2011 2.8%, 2012 2.4%, 2013 0.8% and in 2014 0.6% and to date in 2015 the rate of inflation is 1.6%. Unemployment in Denmark again over the same five year period has been reported as being 2011 7.6%, 2012 7.5%, 2013 7.0%, 2014 6.9%, and in 2015 6.6%.

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