Denmark is fifth most expensive country in the world

Budget travellers should aim for Egypt instead

May 1, 2014

If Denmark is breaking your budget, think twice before you book a trip for Switzerland, Norway or Bermuda or Australia.

Denmark is the fifth most expensive country in the world to live in, according to the World Bank-backed International Comparison Program (IPC).

Switzerland is number one, followed by Norway, Bermuda and Australia. Only in these four countries are prices for goods and services higher than in Denmark, where average price levels are 85 percent higher than the global average.

The price is right in Egypt
IPC put together the list by comparing each nation's GDP per capita from 2011.

The report found Egypt to be the cheapest place in the world, followed by Pakistan, Myanmar and Ethiopia.

Although high-income countries only made up 17 percent of the global population three years ago, they accounted for 50 percent of the world’s wealth.

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Denmark is fifth most expensive country in the world

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

26 May: ‘Visit Carlsberg’ tour at Home of Carlsberg

28 April: ‘Meet the Danes’ guided tour at the National Museum

20 April: Run around Kastellet

19 April: A guided tour of Christiansborg

6 April: Run around Frederiksberg Have

How internationals can benefit from joining trade unions

Internationals in Denmark rarely join a trade union

Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

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