Denmark stocks & ETFs | Economy, holdings and country weight
DNK · Europe & Central Asia · High income
This page brings together what Denmark means for an ETF portfolio: the economic picture from World Bank data, the 88 Denmark stocks we track, and the ETFs that actually give you exposure — with the country weight computed from real fund holdings, not estimated.
Economic indicators
Gross domestic product (2025)463 bn USD
GDP per capita (2025)76,970 USD
Real GDP growth (2025)2.9 %
Inflation rate (2025)1.9 %
Unemployment rate (2025)5.5 %
Population (2025)6.0 m
| Year | GDP per capita (USD) | Real GDP growth (%) | Inflation rate (%) | Unemployment rate (%) |
|---|---|---|---|---|
| 2018 | 61,325 | 1.9 | 0.8 | 5.1 |
| 2019 | 59,404 | 1.7 | 0.8 | 5.0 |
| 2020 | 60,985 | -1.8 | 0.4 | 5.6 |
| 2021 | 69,341 | 6.5 | 1.9 | 5.1 |
| 2022 | 67,781 | 0.4 | 7.7 | 4.4 |
| 2023 | 68,044 | 0.6 | 3.3 | 5.1 |
| 2024 | 71,026 | 3.5 | 1.4 | 5.4 |
| 2025 | 76,970 | 2.9 | 1.9 | 5.5 |
Source: World Bank Open Data, licensed CC BY 4.0.
ETFs with the highest Denmark weight
Sum of the fund's individual holdings from this country — added up from published holdings, not estimated.
| ETF | Index | Weight | Holdings |
|---|---|---|---|
| State Street® SPDR® MSCI Europe Small Cap UCITS ETF SMC · IE00BKWQ0M75 | MSCI Europe Small Cap | 4.3 % | 25 |
| Xtrackers MSCI Europe Small Cap UCITS ETF 1c XXSC · LU0322253906 | MSCI Europe Small Cap | 4.2 % | 26 |
| iShares STOXX Europe 600 UCITS ETF (DE) EXSA · DE0002635307 | STOXX Europe 600 | 2.8 % | 23 |
| Xtrackers Stoxx Europe 600 UCITS ETF 1c XSX6 · LU0328475792 | STOXX Europe 600 | 2.7 % | 23 |
| Xtrackers Stoxx Europe 600 UCITS ETF 1d XSX7 · LU2581375156 | STOXX Europe 600 | 2.7 % | 23 |
| iShares Core MSCI Europe UCITS ETF EUR (Acc) IMEA · IE00B4K48X80 | MSCI Europe | 2.7 % | 15 |
| State Street® SPDR® MSCI Europe UCITS ETF SPYE · IE00BKWQ0Q14 | MSCI Europe | 2.6 % | 15 |
| Xtrackers MSCI Europe UCITS ETF 1c XMEU · LU0274209237 | MSCI Europe | 2.6 % | 15 |
Largest tracked stocks
88 stocks from Denmark are covered through our ETF holdings — these carry the highest single weight.
- Novo Nordisk A/S Class B1.98 %
- NOVO NORDISK CLASS B1.98 %
- Novonesis A/S Class B0.78 %
- NOVOZYMES CLASS B0.78 %
- NKT0.46 %
- NKT A/S0.46 %
- Orsted0.45 %
- OERSTED0.45 %
- DSV A/S0.41 %
- DSV0.41 %
- AL Sydbank A/S0.41 %
- AL SYDBANK0.41 %
- RINGKJOBING LANDBOBANK0.40 %
- JYSKE BANK0.40 %
- Ringkjobing Landbobank A/S0.39 %
- Jyske Bank A/S0.39 %
- ISS0.37 %
- ISS A/S0.36 %
- CARLSBERG CLASS B0.30 %
- ALK-abello A/S Class B0.30 %