Denmark
Area: 43,094 km² (World Rank 130)
Inhabitants: 5.48 Mio. (World Rank 108)
Copenhagen is the capital of Denmark
The Kingdom of Denmark (Danish: Kongeriget Danmark (help·info), IPA: [ˈd̥ænmɑɡ̊], (archaic:) IPA: [ˈd̥anmɑːɡ̊]), commonly known as Denmark, is a country in the Scandinavian region of northern Europe. It is the southernmost of the Nordic countries. The mainland is bordered to the south by Germany; Denmark is southwest of Sweden and south of Norway. Denmark borders both the Baltic and the North Sea. The country consists of a large peninsula, Jutland (Jylland) and many islands, most notably Zealand (Sjælland), Funen (Fyn), Vendsyssel-Thy, Lolland, Falster and Bornholm as well as hundreds of minor islands often referred to as the Danish Archipelago. Denmark has long controlled the approach to the Baltic Sea, and these waters are also known as the Danish straits. The Faroe Islands and Greenland are autonomous provinces of Denmark with home rule.
Denmark is a constitutional monarchy with a parliamentary system of government. Denmark has a state-level government and local governments in 98 municipalities. Denmark is a member of NATO and the European Union, having joined the European Economic Community in 1973. Denmark has not joined the Eurozone.
Originally a seafaring nation relying on fishing, farming and trade, Denmark experienced steady industrialization in the 19th and 20th centuries. Denmark had the world's 3rd highest GDP per capita in 1970. Between 1970 and 1990 the level of taxation and regulation increased dramatically as Denmark adopted the Nordic model welfare state. After falling sharply behind in prosperity, unemployment and other indicators, Denmark took steps in economic liberalization in the 1980s and 1990s, including abolishing almost all job market regulation. Despite relatively high taxation, the economy is otherwise quite unregulated and Index of Economic Freedom ranks Denmark the world's 11th most economically free country (4th in Europe).
In 2006 and 2007, surveys ranked Denmark as "the happiest place in the world," based on standards of health, welfare, and education. In the latest survey, the Global Peace Index ranks Denmark as the second most peaceful country after Iceland and before Norway. The national capital and the largest city, Copenhagen, was ranked the third most liveable city in the world by Monocle magazine in 2007. The national language Danish is close to Swedish and Norwegian, which they share strong cultural and historical ties with. 82.0% of the inhabitants of Denmark and 90.3% of the ethnic Danes are members of the Lutheran state church. About 9% of residents are citizens of other countries.