Why Denmark’s Economy is Booming (it's not just drugs)

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Compare news coverage. Spot media bias. Avoid algorithms. Try Ground News today and get 40% off your subscription by going to https://ground.news/tldr Despite the European economy having a tough time at the moment, Denmark appears to be standing out, with its economy outpacing all European counterparts. In this video, we're taking a look at Denmark's economic boom and why it's not just about the drugs. 📰 Too Long: https://toolong.news/ 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! IMF GDP per capita data https://www.imf.org/external/datamapper/NGDPDPC@WEO/OEMDC/ADVEC/WEOWORLD https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Europe_by_GDP_(nominal)_per_capita Wikipedia data on trade-to-GDP ratio https://en.wikipedia.org/wiki/List_of_countries_by_trade-to-GDP_ratio Comparing European tax burdens https://taxation-customs.ec.europa.eu/news/data-taxation-trends-2025-03-10_en https://taxfoundation.org/data/all/eu/top-personal-income-tax-rates-europe-2024/ IFS report on Danish inequality https://ifs.org.uk/inequality/wp-content/uploads/2023/11/Inequality-in-Denmark.pdf Denmark official GDP data https://www.dst.dk/da/Statistik/emner/oekonomi/nationalregnskab/samlet-nationalregnskab OECD GDP data https://data-explorer.oecd.org/vis?tm=annual%20gdp%20growth&pg=0&fs[0]=Topic%2C0%7CEconomy%23ECO%23&fs[1]=Topic%2C2%7CEconomy%23ECO%23%7CNational%20accounts%23ECO_NAD%23%7CGDP%20and%20non-financial%20accounts%23ECO_NAD_GNF%23&fc=Topic&snb=15&vw=tb&df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAMAIN10%40DF_TABLE1_EXPENDITURE_GROWTH&df[ag]=OECD.SDD.NAD&df[vs]=2.0&dq=A.AUS%2BAUT%2BBEL%2BCAN%2BCHL%2BCOL%2BCRI%2BCZE%2BDNK%2BEST%2BFIN%2BFRA%2BDEU%2BGRC%2BHUN%2BISL%2BIRL%2BISR%2BITA%2BJPN%2BKOR%2BLVA%2BLTU%2BLUX%2BMEX%2BNLD%2BNZL%2BNOR%2BPOL%2BPRT%2BSVK%2BSVN%2BESP%2BSWE%2BCHE%2BTUR%2BGBR%2BUSA...B1GQ.......&lom=LASTNPERIODS&lo=10&to[TIME_PERIOD]=false OECD "replacement rate” data https://www.oecd.org/en/data/indicators/benefits-in-unemployment-share-of-previous-income.html?oecdcontrol-e55adeb61f-var6=M2&oecdcontrol-a29d91f2d4-var1=OECD%7CDNK%7CFRA%7CDEU%7CITA%7CJPN%7CNLD%7CPOL%7CESP%7CSWE%7CTUR%7CGBR%7CUSA EU forecast for Danish economy https://economy-finance.ec.europa.eu/economic-surveillance-eu-economies/denmark/economic-forecast-denmark_en Debt/deficit data https://tradingeconomics.com/denmark/government-budget https://ec.europa.eu/eurostat/statistics-explained/images/8/87/Public_balance%2C_2023_and_2024_%28%C2%B9%29_%28Net_borrowing_%28-%29_or_lending_%28%2B%29_of_the_general_government_sector%2C_%25_of_GDP%29.png https://tradingeconomics.com/denmark/government-debt-to-gdp Welfare benefits data https://www.cxcglobal.com/global-hiring-guide/denmark/payroll-and-benefits-in-denmark/ Denmark employment rate data https://tradingeconomics.com/denmark/employment-rate https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Employment_-_annual_statistics Productivity data https://ourworldindata.org/grapher/labor-productivity-per-hour-pennworldtable?tab=chart&time=1990..latest&country=USA~DEU~GBR~FRA~DNK https://qery.no/highest-and-lowest-productivity-levels-in-oecd-countries-in-2022/ Flexicurity model explained https://denmark.dk/society-and-business/the-danish-labour-market IEA on Danish energy mix https://www.iea.org/countries/denmark/electricity Energy price data https://www.gov.uk/government/statistical-data-sets/international-industrial-energy-prices https://davidturver.substack.com/p/uk-industrial-electricity-prices-highest-in-europe https://footprintzero.co.uk/why-uk-businesses-pay-more-for-electricity-than-the-rest-of-the-eu-and-how-solar-pv-can-help/ Change in manufacturing-to-GDP https://ourworldindata.org/grapher/manufacturing-value-added-to-gdp?tab=chart&country=~DNK&mapSelect=~DNK&globe=1&globeRotation=55%2C10&globeZoom=2.95 Novo Nordisk “Nokia Risk” https://www.bbc.co.uk/worklife/article/20250220-hotdogs-and-motorways-the-ripples-created-by-denmarks-ozempic-and-wegovy-boom 0:00 Intro 1:04 Context 3:17 Denmark's Recent Boom 5:20 Why?