Your guide for relocating to
Denmark is a constitutional monarchy. It has a representative parliamentary system with a head of government – the prime minister – and a head of state – the monarch – who officially retains executive power, although duties are strictly representative and ceremonial. The kingdom also comprises 2 autonomous constituent countries in the Atlantic, neither of which are EU members: the Faroe Islands and Greenland.
Trade and Economy
The most important sectors of Denmark’s economy in 2018 were public administration, defence, education, human health and social work activities (21.6%), wholesale and retail trade, transport, accommodation and food services (20.0%) and industry (18.0%). Intra-EU trade accounts for 61% of Denmark’s exports (Germany 16% and Sweden 11%), while outside the EU 8% go to the United States and 6% to Norway.
IT and Science
Denmark has a long tradition of scientific and technological invention and engagement, and has been involved internationally from the very start of the scientific revolution. In current times, Denmark is participating in many high-profile international science and technology projects, including CERN, ITER, ESA, ISS and E-ELT. In the 20th century, Danes have also been innovative in several fields of the technology sector.
Danish companies have been influential in the shipping industry with the design of the largest and most energy efficient container ships in the world, the Maersk Triple E class, and Danish engineers have contributed to the design of MAN Diesel engines. In the software and electronic field, Denmark contributed to design and manufacturing of Nordic Mobile Telephones, and the now-defunct Danish company DanCall was among the first to develop GSM mobile phones.