Denmark

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

54,282.5

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

n/a

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

n/a

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

2.31

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

3.72

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

60 News

Danish parties strike deal to develop carbon tax (The Local DK)

2020-06-29

Denmark’s parties have forced the government to significantly toughen the climate plan it put forward in May, with a new plan agreed on Sunday night

New Danish law binds the country the to international climate process, including climate finance for developing countries

2019-12-13

06 December 2019: Denmark’s parliament adopted a new climate law, committing to reduce emissions by 70% below 1990 levels, in the next eleven years. The

Nine EU countries ask for an aviation carbon tax

2019-11-22

11 November 2019: In a joint statement, the Ministers of Finance of the Netherlands, Germany, France, Sweden, Italy, Belgium, Luxembourg, Denmark and Bulgaria asked the

Reports

Taxing Energy Use 2015 (OECD)

2017-05-05

This OECD report provides a systematic analysis of the structure and level of energy taxes in OECD and selected partner countries, which together cover 80%

From Challenge to Opportunity: Shadow Country Reports in Support of the European Semester Cycle (GBE, CEE BankWatch, EEB)

2017-03-17

This report by Green Budget Europe (GBE), CEE BankWatch and European Environment Bureau (EEB) involved an assessment of the 2016 European Semester Country Reports among

Learning from Leaders: Nordic and International Best Practice with Fossil Fuel Subsidy Reform (Nordic Council of Ministers)

2016-11-13

If we aim to reduce global emissions in order to limit global warming to less than 2°C above pre-industrial levels, then the energy sector is

Policy Briefs

Successful environmental taxes in Denmark (GBE and Danish Ecological Council)

2017-03-17

This briefing note by Green Budget Europe (GBE) and the Danish Ecological Council sets out some of the most successful environmental taxes in Denmark. It

Denmark

Country indicators

54,282.5

n/a

n/a

2.31

3.72

60

News

Danish parties strike deal to develop carbon tax (The Local DK)

New Danish law binds the country the to international climate process, including climate finance for developing countries

Nine EU countries ask for an aviation carbon tax

Reports

Taxing Energy Use 2015 (OECD)

From Challenge to Opportunity: Shadow Country Reports in Support of the European Semester Cycle (GBE, CEE BankWatch, EEB)

Learning from Leaders: Nordic and International Best Practice with Fossil Fuel Subsidy Reform (Nordic Council of Ministers)

Policy Briefs

Successful environmental taxes in Denmark (GBE and Danish Ecological Council)

Subscribe Now...

UN Environment

International Monetary Fund

GIZ