Population: 5 700 000
GDP per capita: $52,822
The Kingdom of Denmark comprises of the mainland country as well as the sovereign constitute countries of the Faroe Islands and Greenland in the North Atlantic. Denmark has a very strong domestic music market with a publicly supported live sector (with many successful festivals such as Roskilde), significant digital penetration (including a high uptake of streaming services) and a high level of music education.
Danish acts who have broken internationally include Mew, Volbeat, D.A.D. and The Raveonettes.
State support of the live market allows homegrown artists to develop internally before they head out to the international markets – making Denmark – and Copenhagen especially – one of Scandinavia’s most important hubs for electronic and alternative pop music. Lately, despite the country’s relatively small size, the structure of the industry has started to look more and more like the British or German industries.
38% of the Danish industry’s total revenues (DKK 2.625m) derives from recorded music. Streaming income currently accounts for around 25% of that total – with 11% from physical sales and 8% from downloads (the total also include royalties from radio and TV licensing). (Source: Rambøll: Dansk Musikomsætning). So it is very clear that Denmark is a streaming nation.
At DKK 3.901m, total revenues from the live music sector are somewhat bigger – with approximately 42% apportioned to ticket sales.