<\/a>Despite the global financial crisis, Denmark remained a successful economy in the past years due to extensive government welfare measures and an equitable distribution of income. Denmark also boasts a modern market economy, world-leading firms in pharmaceuticals,and a state-of-the-art industry with maritime shipping and renewable energy. With a GDP of $212.5 billion in 2010, Denmark made a modest recovery in 2011, when its GDP reached $214.8 billion. For 2012, the GDP was of $213.6. In 2012, Denmark\u2019s economy was hit by a negative growth of -0.6%, with 13.4% of the population living below World Bank\u2019s poverty line. Still, Denmark\u2019s economy remained among the strongest in the European Union, with a GDP per capita of $38,300. Long term challenges for Denmark are converting Europe into a responsible, dynamic, green, and safe continent while working to steer Europe out of its euro zone economic crisis.<\/p>\n