Denmark - Adjusted savings: carbon dioxide damage (% of GNI)

Adjusted savings: carbon dioxide damage (% of GNI) in Denmark was 0.322 as of 2019. Its highest value over the past 49 years was 0.977 in 1970, while its lowest value was 0.305 in 2014.

Definition: Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$30 per ton of CO2 (the unit damage in 2014 US dollars for CO2 emitted in 2015) times the number of tons of CO2 emitted.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 0.977
1971 0.865
1972 0.791
1973 0.633
1974 0.593
1975 0.564
1976 0.594
1977 0.591
1978 0.527
1979 0.520
1980 0.556
1981 0.622
1982 0.722
1983 0.712
1984 0.788
1985 0.927
1986 0.670
1987 0.557
1988 0.529
1989 0.514
1990 0.456
1991 0.575
1992 0.491
1993 0.573
1994 0.585
1995 0.481
1996 0.625
1997 0.598
1998 0.584
1999 0.556
2000 0.594
2001 0.632
2002 0.595
2003 0.544
2004 0.443
2005 0.410
2006 0.470
2007 0.403
2008 0.356
2009 0.378
2010 0.400
2011 0.345
2012 0.338
2013 0.340
2014 0.305
2015 0.343
2016 0.356
2017 0.341
2018 0.316
2019 0.322

Statistical Concept and Methodology: Pollution damage from emissions of carbon dioxide is calculated as the marginal social cost per unit multiplied by the increase in the stock of carbon dioxide. The unit damage figure represents the present value of global damage to economic assets and to human welfare over the time the unit of pollution remains in the atmosphere.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts