Economy of Denmark

Denmark has a diverse, mixed economy. It relies heavily on human resources, but not exclusively, as there are a few significant and valuable natural resources available, including mature oil and gas wells in the North Sea. Cooperatives form a large part of some sectors, be it in housing, agriculture or retail. Foundations play a large role as owners of private sector companies. Denmark's nominal GDP was estimated to be $333,238 billion, the 32nd largest in the world. It has the world's lowest level of income inequality, according to the World Bank Gini (%), but no legally stipulated minimum wage. As of January 2015 the unemployment rate is at 6.2%, which is below the Euro Area average of 11.2%. As of 28 February 2014 Denmark is among the countries with the highest credit rating.

Denmark

Denmark (ⁱ/ˈdɛnmɑːrk/; Danish: Danmark [ˈd̥ænmɑɡ̊]), officially the Kingdom of Denmark is a country in Northern Europe. The southernmost of the Nordic countries, it is southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark is part of Scandinavia, together with Sweden and Norway. It is a sovereign state that comprises Denmark and two autonomous constituent countries in the North Atlantic Ocean: the Faroe Islands and Greenland. Denmark proper has an area of 42,924 square kilometres (16,573 sq mi), and a population of 5,707,251 in January 2016. The country consists of a peninsula – Jutland – and an archipelago of 443 named islands, of which around 70 are inhabited. The islands are characterised by flat, arable land and sandy coasts, low elevation and a temperate climate.

Ø, Denmark

Coordinates: 56°27′32″N 9°37′57″E / 56.45889°N 9.63250°E / 56.45889; 9.63250

Ø is a piece of land in the valley of the Nørreå in the eastern part of Jutland, Denmark. Its name means island (ø in the Danish language) and probably comes from the island-like approach to this piece of land, although it is completely landlocked and surrounded by meadows.

Ø is famous among lexicographers for the extreme brevity of its name: the single letter Øand for the people there.

See also

Sources

Danish sites

Danmark (islet)

Danmark (English: Denmark) is an islet located near Sandvika in the Municipality of Bærum, Norway.

Whilst the original meaning is not exactly verified, the name of the islet reflects Norwegians' (friendly) joking with the relatively small geographical size of Denmark proper. Alike Denmark, this islet is flat, small, and located oversea south of Bærum. The name predates 1814, when the personal union known as Denmark–Norway was dissolved. In a sale of land in the 1780s, it was mentioned that the sale included 'a little island called Denmark' (Danish: en lille ø kaldet Danmark).

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Coordinates: 59°53′26″N 10°32′00″E / 59.8906°N 10.5334°E / 59.8906; 10.5334