Sms-Denmark.com - All The News About The SMS and Phone industry in Denmark - How To Monetize Them With Premium SMS Billing AND Phone Billing

Denmark, with a mixed market capitalist economy and a large welfare state, ranks according to one measure, as having the world's highest level of income equality. Denmark has the best business climate in the world, according to the US business magazine Forbes. From 2006 to 2008, surveys ranked Denmark as "the happiest place in the world," based on standards of health, welfare, and education. The 2009 Global Peace Index survey ranks Denmark as the second most peaceful country in the world, after New Zealand. Denmark was also ranked as the least corrupt country in the world in the 2008 Corruption Perceptions Index, sharing a top position with Sweden and New Zealand.

The national language, Danish, is close to Swedish and Norwegian, with which they share strong cultural and historical ties. 82.0% of the inhabitants of Denmark and 90.3% of the ethnic Danes are members of the Lutheran state church. About 9% of the population has foreign citizenship—a large portion of those are from other Scandinavian countries.

Denmark's mixed economy features efficient markets, above average European living standards, and high amount of free trade. Denmark rank 16th in the world in terms of GDP (PPP) per capita and rank 5th in nominal GDP per capita.

According to World Bank Group, Denmark has the most flexible labor market in Europe; the policy is called flexicurity. It is easy to hire, fire, and find a job. Denmark has a labor force of about 2.9 million. Denmark has the fourth highest ratio of tertiary degree holders in the world.[51] GDP per hour worked was the 10th highest in 2007. Denmark has the world's lowest level of income inequality, according to the UN, and the world's highest minimum wage, according to the IMF. As of June 2009 the unemployment rate is at 6.3 percent, 2.6 percentage points under the EU average at 8.9 percent.

Denmark is one of the most competitive economies in the world according to World Economic Forum 2008 report, IMD, and The Economist. According to rankings by OECD, Denmark has the most free financial markets in EU-15 and also one of the most free product markets, owning to liberalisation in the 1990s.

Denmark has a company tax rate of 25% and a special time limited tax regime for expatriates. The Danish taxation system is both broad based (25% VAT, not including excise, duty and tax) and has the world's highest income tax.

Denmark's national currency, the krone (plural: kroner), is de facto linked to the Euro through ERM. The exchange rate is pegged at approx. 7.45 kroner per euro. Currently the krone converts to American dollars at a rate of about USD 0.19 per krone (about 5.33 kroner per dollar). (Exchange rates updated July 2009) The government has met the economic convergence criteria for participating in the third phase (the common European currency—the Euro) of the Economic and Monetary Union of the European Union (EMU), but Denmark, in a September 2000 referendum, rejected The Monetary Union. The Government of Fogh Rasmussen, re-elected in November 2007, announced a new referendum on the euro for 2008 or 2009 at the latest.

Denmark is known from the Danish cooperative movement within among others farming, the food industry (Danish Crown), dairy production (Arla Foods), retailing (Brugsen), wind turbine cooperatives, and co-housing associations