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Denmark's market economy features efficient markets, above average European living standards,[39][40] and high amount of free trade.
Denmark has a GDP per capita higher than that of most European countries, and 15-20% higher than that of the United States.[41] Denmark is one of the most competitive economies in the world according to World Economic Forum 2008 report, IMD, and The Economist.[42] 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. 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.
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