1.25% in 1991; unemployment is running
close to 10%. In 1990 Denmark had the lowest inflation rate in the EC,
a record trade surplus, and the first balance-of-payments surplus in
26 years. As the government prepares for the economic integration of
Europe during 1992, growth, investment, and competitiveness are expected
to improve, reducing unemployment, inflation, and debt.

_#_GDP: $78.0 billion, per capita $15,200; real growth rate 1.3%
(1990)

_#_Inflation rate (consumer prices): 2.7% (1990)

_#_Unemployment rate: 9.5% (1990)

_#_Budget: revenues $62.5 billion; expenditures $60 billion, including
capital expenditures of $NA billion (1989)

_#_Exports: $34.8 billion (f.o.b., 1990);

commodities--meat and meat products, dairy products, transport
equipment, fish, chemicals, industrial machinery;

partners--EC 52.2% (Germany 19.5%, UK 10.9%, France 6.1%), Sweden
12.5%, Norway 5.8%, US 5.0%, Japan 4.3% (1990)

_#_Imports: $31.6 billion (c.i.f., 1990);

commodities--petroleum, machinery and equipment, chemicals, grain
and foodstuffs, textiles, paper;

partners--EC 57% (Germany 25.6%, UK 8.4%), Sweden 12.7%, US 6.7%
(1990)

_#_External debt: $45 billion (1990)

_#_Industrial production: growth rate 2.1% (1989)

_#_Electricity: 11,215,000 kW capacity; 30,910 million kWh produced,
6,030 kWh per capita (1989)

_#_Industries: food processing, machinery and equipment, textiles and
clothing, chemical products, electronics, construction, furniture, and
other wood products

_#_Agriculture: accounts for 5% of GNP and employs 6% of labor force
(includes fishing and forestry); farm products account for nearly 15%
of export revenues; principal products--meat, dairy, grain, potatoes,
rape, sugar beets, fish; self-sufficient in food production

_#_Economic aid: donor--ODA and OOF commitments (1970-89) $5.9 billion

_#_Currency: Danish krone (plural--kroner); 1 Danish krone
(DKr) = 100 ore

_#_Exchange rates: Danish kroner (DKr) per US$1--5.817 (January
(1991), 6.189 (1990), 7.310 (1989), 6.732 (1988), 6.840 (1987), 8.091
(1986), 10.596 (1985)

_#_Fiscal year: calendar year

_*_Communications
_#_Railroads: 2,675 km 1.435-meter standard gauge; Danish State
Railways (DSB) operate 2,025 km (1,999 km rail line and 121 km rail ferry
services); 188 km electrified, 730 km double tracked; 650 km of
standard-gauge lines are privately owned and operated

_#_Highways: 66,482 km total; 64