Quick facts:
| Capital: | Flag: |
| Copenhagen |  |
| Population: | Languages: |
| 5,511,451 | Danish |
| Area (Km2): | GDP (Millions): |
| 43,098.31 | 203,519 |
| Currency: | Currency exchange rates: |
| Danish Krone | Danish Krone Exchange Rates |
Currency:
The krone (sign: kr; code: DKK) is the currency of Denmark, including the autonomous provinces of Greenland and the Faroe Islands. The krone is pegged to the euro via the European Union's exchange rate mechanism. The plural form is "kroner" and one krone is divided into 100 øre, the singular form being the same as the plural.
Economy:
Denmark has a GDP per capita higher than that of most European countries, and 15-20% higher than that of the United States. Denmark is one of the most competitive economies in the world according to World Economic Forum 2008 report, IMD, and The Economist. According to World Bank Group, Denmark has the most flexible labor market in Europe; the policy is called flexicurity. It is easy to hire, fire, and find a job. According to rankings by OECD, Denmark has the most free financial markets in EU-15 and also one of the most free product markets, owning to liberalisation in the 1990s.
General information:
Denmark is the second-most visited destination in Scandinavia, after Sweden, with 4.7 million visitors in 2007. Denmark is a constitutional monarchy with a parliamentary system of government. Denmark has a state-level government and local governments in 98 municipalities. Denmark has been a member of the European Union (formerly European Economic Community) since 1973, although has not joined the Eurozone, a currency union among the European Union member states that have adopted the euro as their sole official currency.