The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Denmark  
Rank: 13 · Score: 78.1  

Basic facts        
Population (millions) 5.9   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 394.4   M&A volume (quartile) 3rd
GDP per capita (US$) 66,813.8   Venture capital investments (quartile) Top
GDP growth (per cent) 0.0   Private equity investments (quartile) Top
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 13 113, 112, 113, 114, 112 78.1
1 Economic Activity 39 86, 94, 89, 92, 86 79.1
2 Depth of Capital Market 27 105, 104, 104, 102, 98 67.9
3 Taxation 48 82, 82, 76, 76, 77 98.9
4 Investor Protection and Corporate Governance 5 115, 120, 120, 120, 120 102.0
5 Human and Social Environment 11 114, 114, 114, 114, 114 60.4
6 Entrepreneurial Opportunities 11 115, 114, 115, 113, 114 86.7


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Denmark  
Western Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
France 85.1 77.6 91.0 86.1 70.3 87.1
Netherlands 85.5 73.4 89.0 88.3 62.8 87.5
Norway 84.0 78.2 101.9 101.1 50.9 81.3
Denmark 79.1 67.9 98.9 102.0 60.4 86.7
Switzerland 83.4 68.0 108.9 75.3 65.1 85.3
Finland 74.6 66.2 105.4 101.5 53.5 86.3
Belgium 80.4 69.2 90.4 96.6 46.5 81.9
Last updated: 4 Nov 2023