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Country Risk Analysis on Denmark

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Country Risk Analysis on Denmark
COUNTRY RISK ANALYSIS
ON
DENMARK
INDEX

Denmark: Country Profile

Denmark is a Scandinavian country in Northern Europe bordering the Baltic and North Sea. The country consists of a large peninsula and many islands referred to as the Danish Archipelago. Neighboring countries include Germany, Norway, and Sweden. Denmark has a strategic location controlling the Danish Straits that link the Baltic and North Seas. The government system is a convention monarchy. The chief of state is the Queen and the head of government is the Prime Minister. Denmark has a modern market economy in which the prices of goods and services are determined in a free price system. Denmark is a member of the European Union (EU)
In recent times, Denmark has been known for its modern economy and extensive welfare system, while enjoying an often difficult relationship with the European Union.
Key Facts and Figures
Full name: Kingdom of Denmark
Population: 5.6 million (UN, 2013)
Capital: Copenhagen
Area: 42,915.7 sq km (16,640 sq miles)
Currency : Danish krone[f] (DKK)
Major language: Danish
Major religion: Christianity
Life expectancy: 77 years (men), 81 years (women) (UN)
Monetary unit: 1 krone = 100 ore
Main exports: Machinery and equipment, foodstuffs, chemicals
GDP : $211.321 billion, $37,794( Per Capita) as per 2013 estimate
Internet domain: .dk
International dialling code: +45

Denmark : History
The Danes, a homogeneous Gothic-Germanic people, have inhabited Denmark since prehistoric times. Danish is the principal language. English is a required school subject, and fluency is high. A small German-speaking minority lives in southern Jutland; a mostly Inuit population inhabits Greenland; and the Faroe Islands have a Nordic population with its own language. Education is compulsory from ages seven to 16 and is free through the university level.
Although religious freedom is guaranteed, the state-supported Evangelical Lutheran Church has a membership of 80.7% of

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