Denmark Is Still The Most Expensive EU Country.

According to The local, Denmark's Statistics Bureau shows that Denmark is the most expensive country in the European Union. Denmark had an average price of 37% higher than the 28 EU countries in 2018, second only to non EU countries, and Iceland, Switzerland and Norway were 58%, 51% and 47% higher than the EU average, respectively.

Kristian Skriver, an economist at the Dansk Erhverv, says Denmark's high taxes and high salaries have led to high consumption in the country, making it more expensive to expand business in Denmark. According to data released by Eurostat, the European Union statistics agency, Denmark's consumer price and service costs in 2017 were 142% of the EU average.

In Denmark, in addition to paying higher VAT, a lot of commodity tax will also be paid. This means that in Denmark, it will cost 31 kronor on the average of the Danish National Treasury, and on the other hand, in other parts of the European Union, the price level of Denmark will be much higher than that of other countries, so long as it pays taxes of 21 Dan Mike or so on. 31.

Data show that in recent years, Danish people are not spending enough to reduce spending. Denmark's high consumption means that consumers in the country have the ability to buy relatively high prices. S economists point out that the Danish government provides more diversified social benefits, such as child day care and hospital treatment, to alleviate public spending. Secondly, in recent years, families have suppressed spending, and the Danes earn 95 kronor per 100 kronor, making use of deposits to repay their debts, so that consumers can have more money to spend on shopping.

Therefore, Denmark's personal consumption ranks eleventh in 28 EU countries, 3% higher than the EU average.