Broad money in Denmark
Denmark: Broad money was 62.6% in 2024. ▲ Rising
Broad money in Denmark, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Denmark recorded 62.6% for broad money in 2024.
The figure is down 3.4% on the previous year and down 1.1% over ten years.
Over the whole period, broad money in Denmark peaked at 69.6% in 2010 and was at its lowest, 39.8%, in 1974.
Denmark ranks 75th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.0% | 44.8% | 47.6% | 10 |
| 1970s | 42.0% | 39.8% | 45.2% | 10 |
| 1980s | 50.7% | 41.3% | 58.0% | 10 |
| 1990s | 57.1% | 54.4% | 64.8% | 10 |
| 2000s | 53.3% | 46.3% | 67.6% | 10 |
| 2010s | 63.1% | 56.7% | 69.6% | 10 |
| 2020s | 63.5% | 60.8% | 68.1% | 5 |
Countries ranked near Denmark
More financial sector data for Denmark
- Domestic credit to private sector 144.1% (2024)
- Claims on central government, etc. -5.8% (2024)
- Monetary Sector credit to private sector 144.1% (2024)
- Net foreign assets 1.20 trillion current LCU (2024)
- Net domestic credit 5.20 trillion current LCU (2024)
- Total reserves in months of imports 4.4 (2024)
- Net migration 22,103 (2025)
- Domestic credit to private sector by banks 144.1% (2024)
- Official exchange rate 6.62 LCU per US$, period average (2025)
- Claims on central government -2.8% (2024)
Frequently asked questions
- What is broad money in Denmark?
- Broad money in Denmark was 62.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Denmark?
- The highest recorded value was 69.6% in 2010.
- What is the lowest broad money recorded in Denmark?
- The lowest recorded value was 39.8% in 1974.
- How does Denmark rank for broad money?
- Denmark ranks 75th out of 166 countries with data for 2024.
- Is broad money rising or falling in Denmark?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this Denmark data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.