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Countries

Denmark

Denmark (/ˈdɛnmɑːrk/; Danish: Danmark [ˈd̥ænmɑɡ̊] ) is a Scandinavian country with territory in Europe and North America.

The most populated part of the country is south-west of Sweden and south of Norway.The unified kingdom of Denmark emerged in the 10th century as a proficient seafaring nation in the struggle for control of the Baltic Sea.

Denmark, Sweden and Norway were ruled together under the Kalmar Union, established in 1397 and ending with Swedish secession in 1523.

Denmark and Norway remained under the same monarch until outside forces dissolved the union in 1814.

The union with Norway made it possible for Denmark to inherit the Faroe Islands, Iceland, and Greenland.

Beginning in the 17th century, there were several cessions of territory to Sweden.

In the 19th century there was a surge surge of nationalist movements, which were defeated in the 1864 Second Schleswig War.

Denmark remained neutral during World War I.

In April 1940, a German invasion saw brief military skirmishes while the Danish resistance movement was active from 1943 until the German surrender in May 1945.

An industrialised exporter of agricultural produce in the second half of the 19th century, Denmark introduced social and labour-market reforms in the early 20th century that created the basis for the present welfare state model with a highly developed mixed economy.

The Constitution of Denmark was signed on 5 June 1849, ending the absolute monarchy which had begun in 1660.

It establishes a constitutional monarchy—the current monarch is Queen Margrethe II—organised as a parliamentary democracy.

The government and national parliament are seated in Copenhagen, the nation's capital, largest city and main commercial centre.

Denmark exercises hegemonic influence in the Danish Realm, devolving powers to handle internal affairs.

Home rule was established in the Faroe Islandsin 1948; in Greenland home rule was established in 1979 and further autonomy in 2009.

Denmark became a member of the European Economic Community (now the EU) in 1973, maintaining certain opt-outs; it retains its own currency, the krone.

It is among the founding members of NATO, the Nordic Council, the OECD, OSCE, and the United Nations; it is also part of the Schengen Area.

Danes enjoy a high standard of living and the country ranks highly in some metrics of national performance, including education, health care, protection of civil liberties, democratic governance, prosperity and human development.

The country ranks as having the world's highest social mobility, a high level of income equality, is the country with the lowest perceived level of corruption in the world, has one of the world's highest per capita incomes, and one of the world's highest personal income tax rates.

Region:Europe & Central Asia
Income Level:High income
Population, total:5,769,603 (2017)
Capital:Copenhagen
Longitude:12.5681
Latitude:55.6763
Merchandise trade (% of GDP)

Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.
Source:World Trade Organization, and World Bank GDP estimates.

Time required to start a business (days)

Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.
Source:World Bank, Doing Business project (http://www.doingbusiness.org/).

Exports of goods and services (BoP, current US$)

Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.
Source:International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

Imports of goods and services (BoP, current US$)

Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.
Source:International Monetary Fund, Balance of Payments Statistics Yearbook and data files.