Nøgletallet

Nøgletallet, also known as the "key figure" in English, is a statistical measure used in Denmark to monitor and compare the development of the economy. It is calculated as the sum of the following components: gross domestic product (GDP), consumption of goods and services, formation of capital, and exports minus imports. The purpose of Nøgletallet is to provide a comprehensive overview of the economy by including both production and consumption aspects.

The measure is adjusted for price changes to ensure comparability over time. It is calculated both seasonally and non-seasonally, with the non-seasonally adjusted figure being the most commonly referenced. Nøgletallet is published monthly by Statistics Denmark, the Danish national statistical office.

The key figure is used by the Danish government, businesses, and the public to assess the overall economic performance. It serves as an indicator of economic growth or contraction, helping in decision-making processes related to economic policy, business strategies, and personal financial planning.

Nøgletallet is an essential tool for understanding the Danish economy, providing insights into trends, identifying potential issues, and supporting informed discussions about economic developments. It is a crucial component of the country's economic monitoring system, contributing to the overall understanding of the economy's health and direction.