Tuesday, May 18, 2010

Denmark, Copenhagen Cost of Living April 2010

Country Full Name: Kingdom of Denmark.

Location: Denmark is in Northern Europe, bordering the Baltic Sea and the North Sea, on a peninsula north of Germany (Jutland); also includes two major islands (Sjaelland and Fyn).

Country Climate: Temperate; humid and overcast; mild, windy winters and cool summers.

Country Terrain: Low and flat to gently rolling plains.

Major Languages: Danish.

Major Religions: Christianity.

Country Population: 5.5 million (2008 est.) 5.5 million (2009 est.).

Country Economy: The economy of Denmark is a mixed economy with very few natural resources that relies almost entirely on human resources. The service sector makes up the vast amount of the employment and economy. Its industrialized market economy depends on imported raw materials and foreign trade.

Currency: Danish Krone (DKK).

Country Inflation: 3.4% (2008 est.) 1.7% (2009 est.).

City: Copenhagen is the capital and largest city of Denmark.

City Economy: Copenhagen is the economical and financial centre of Denmark and also a strong business and economic centre in the Scandinavian-Baltic region.
Cost of Living: Copenhagen has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Copenhagen is currently ranked 6 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Denmark, Copenhagen