International organization participation: AfDB, AG (observer),
AsDB, Australia Group, BIS, CBSS, CCC, CE, CERN, EBRD, ECE, EIB,
ESA, EU, FAO, G- 9, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA,
IEA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, IOM,
ISO, ITU, MTCR, NACC, NATO, NC, NEA, NIB, NSG, OECD, OSCE, PCA, UN,
UNCRO, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNMOGIP, UNMOT, UNOMIG,
UNPREDEP, UNPROFOR, UNTSO, UPU, WEU (observer), WFTU, WHO, WIPO,
WMO, WTrO, ZC
Diplomatic representation in US:
chief of mission: Ambassador Knud-Erik TYGESEN
chancery: 3200 Whitehaven Street NW, Washington, DC 20008
telephone: [1] (202) 234-4300
FAX: [1] (202) 328-1470
consulate(s) general: Chicago, Los Angeles, and New York
US diplomatic representation:
chief of mission: Ambassador Edward E. ELSON
embassy: Dag Hammarskjolds Alle 24, 2100 Copenhagen
mailing address: APO AE 09716, PSC 73
telephone: [45] (31) 42 31 44
FAX: [45] (35) 43 02 23
Flag: red with a white cross that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side, and that design element of the Dannebrog (Danish flag) was subsequently adopted by the other Nordic countries of Finland, Iceland, Norway, and Sweden
Economy ———-
Economic overview: This thoroughly modern economy features high-tech agriculture, up-to-date small-scale and corporate industry, extensive government welfare measures, comfortable living standards, and high dependence on foreign trade. Denmark is self-sufficient in food production. The new center-left coalition government will concentrate on reducing the persistently high unemployment rate and the budget deficit as well as following the previous government's policies of maintaining low inflation and a current account surplus. In the face of recent international market pressure on the Danish krone, the coalition has also vowed to maintain a stable currency. The coalition hopes to lower marginal income taxes while maintaining overall tax revenues; boost industrial competitiveness through labor market and tax reforms and increased research and development funds; and improve welfare services for the neediest while cutting paperwork and delays. Prime Minister RASMUSSEN's reforms will focus on adapting Denmark to the criteria for European integration by 1999; Copenhagen has won from the European Union (EU) the right to opt out of the European Monetary Union (EMU) if a national referendum rejects it. Denmark is, in fact, one of the few EU countries 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)