Denmark Denmark vs Poland Poland development indicators, 2024

Indicator
Denmark
Denmark, Value
Poland
Poland, Value
Denmark
Denmark, Rank
Poland
Poland, Rank
Denmark Denmark as % of
Poland Poland
Current account balance (% of GDP) 13 0.196 8 52 6,655 %
Exports of goods and services (% of GDP) 69.7 52.3 24 37 133 %
Foreign direct investment, net inflows (% of GDP) 4.21 2.02 26 53 209 %
GDP per capita (current US$) 71,852 25,023 11 48 287 %
GDP per capita, PPP (current international US$) 79,514 50,378 13 42 158 %
Imports of goods and services (% of GDP) 58.9 48.3 36 58 122 %
Inflation, consumer prices (annual %) 1.37 3.79 129 56 36.2 %
Net migration 25,639 -238,062 34 207
Population, total 5,976,992 36,554,707 114 42 16.4 %

Demography and Health

Denmark has a higher birth rate (9.7 per 1,000 people) compared to Poland (7.4 per 1,000 people), placing it 24th globally while Poland ranks 72nd. Conversely, Poland has a higher crude death rate (11.1 per 1,000 people) than Denmark (9.8 per 1,000 people), leading to Poland ranking 40th compared to Denmark's 54th. The life expectancy at birth in Denmark is 81.9 years, significantly longer than Poland's 78.5 years, with Denmark ranking 27th and Poland 54th. Furthermore, the under-5 mortality rate is lower in Denmark (3.4 per 1,000 live births) than in Poland (4.4 per 1,000 live births), where Denmark ranks 47th and Poland 16th. The prevalence of undernourishment is identical in both countries at 2.5% of the population, with both countries ranked 3rd globally. Additionally, Denmark's net migration is positive (25,639), indicating an influx of people, while Poland's is negative (-238,062), signaling emigration crises.

Economy

Denmark's economy is characterized by a GDP per capita of $71,852, significantly outpacing Poland's GDP per capita of $25,023, where Denmark ranks 9th globally and Poland ranks 75th. In terms of GDP per capita (PPP), Denmark also leads with $79,514 versus Poland's $50,378, with respective ranks of 10th and 64th. Denmark's total exports of goods and services also stand at 69.7% of GDP, outperforming Poland's 52.3%, with Denmark ranking 50th and Poland 73rd. Additionally, consumer price inflation is lower in Denmark at 1.4% compared to Poland's 3.8%, where Denmark ranks 103rd and Poland 57th. Regarding high-technology exports, Denmark reports $16.1 billion while Poland has $29.6 billion; despite Poland's larger figure, it ranks 24th vs. Denmark's 38th due to the economy's overall structure.

Trade and Investment

Denmark showcases a healthy trade balance with a current account balance of 13% of GDP, ranking 2nd globally, compared to Poland's marginal 0.2%, where it ranks 55th. Foreign direct investment net inflows also favor Denmark at 4.2% of GDP, against Poland's 2%, placing Denmark at rank 36 and Poland at 73. The import of goods and services as a percentage of GDP illustrates Denmark's strong economy at 58.9% versus Poland's 48.3%, where Denmark ranks 60th and Poland ranks 79th. Moreover, Denmark's logistics performance index (4.1) indicates high-quality trade and transport-related infrastructure, reflected in its 5th place ranking compared to Poland's score of 3.5 and a 16th place rank.

Governance and Institutions

Denmark excels in governance, ranking at the top in Control of Corruption (2.4) and Government Effectiveness (2), holding the 2nd and 1st positions, respectively. In contrast, Poland scores significantly lower in these indicators (0.6 for corruption and 0.4 for government effectiveness), ranking 52nd and 66th. The Rule of Law also demonstrates Denmark's strength (1.9), ranking 4th globally, while Poland's score (0.5) places it at 62nd. Political Stability and Absence of Violence/Terrorism paint a similar picture where Denmark scores 0.9 (20th) compared to Poland's 0.6 (57th). Lastly, Regulatory Quality is favorable in Denmark with a score of 1.8, ranking 5th, while Poland's lower score of 0.8 aligns it with a 51st place ranking.

Infrastructure and Technology

Infrastructure quality is considerably better in Denmark, evident from its logistics performance index score of 4.1, which ranks 5th globally against Poland's 3.5 and 16th rank. Furthermore, Denmark invests 2.9% of its GDP in research and development, significantly higher than Poland's 1.5%, with ranks of 11th and 28th respectively. On the patent applications front, Denmark recorded 1,090 patents, whereas Poland had a notable number with 3,377, placing Poland 4th in this area but reflecting a higher dependency on external innovations in comparison to Denmark's innovation ecosystem.

Environment and Sustainability

Denmark leads in renewable energy consumption at 39.5%, ranking 4th globally, while Poland trails with only 15.2%, ranking 23rd. In terms of greenhouse gas emissions, Denmark emits 7 tons of CO2e per capita, significantly lower than Poland's 9.9 tons, with ranks of 48th and 18th respectively. The level of water stress indicates Denmark withdraws 26.4% of its available freshwater resources, ranking 9th and suggesting efficient water management practices versus Poland's 32.1% with a 7th rank reflecting more pressure on its water systems. The emphasis on sustainability and environmental measures in Denmark highlights its commitment towards greener policies compared to Poland's ongoing challenges in this domain.