Current account balance in Denmark
Denmark: Current account balance was 12.2% in 2024. ◆ Volatile
Current account balance in Denmark, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, current account balance in Denmark stood at 12.2%. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 10.8% on the previous year and up 46.3% over ten years.
Over the whole period, current account balance in Denmark peaked at 12.2% in 2024 and was at its lowest, -5.1%, in 1986.
Denmark ranks 19th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -3.2% | -4.3% | -1.2% | 5 |
| 1980s | -3.0% | -5.1% | -1.0% | 10 |
| 1990s | 1.4% | -1.1% | 3.4% | 10 |
| 2000s | 2.7% | 1.4% | 4.2% | 10 |
| 2010s | 7.1% | 6.0% | 8.3% | 10 |
| 2020s | 10.1% | 7.3% | 12.2% | 5 |
Countries ranked near Denmark
More economy & growth data for Denmark
- Exports of goods and services 3.0% (2025)
- Gross national expenditure 2.73 trillion current LCU (2025)
- Gross national expenditure 325.75 billion constant 2015 US$ (2025)
- Services, value added 289.82 billion current US$ (2025)
- Gross national expenditure 89.0% (2025)
- Exports of goods and services 324.31 billion current US$ (2025)
- Exports of goods and services 2.15 trillion current LCU (2025)
- Exports of goods and services 252.72 billion constant 2015 US$ (2025)
- Gross fixed capital formation -3.5% (2025)
- Gross fixed capital formation 79.59 billion constant 2015 US$ (2025)
Frequently asked questions
- What is current account balance in Denmark?
- Current account balance in Denmark was 12.2% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Denmark?
- The highest recorded value was 12.2% in 2024.
- What is the lowest current account balance recorded in Denmark?
- The lowest recorded value was -5.1% in 1986.
- How does Denmark rank for current account balance?
- Denmark ranks 19th out of 199 countries with data for 2024.
- Is current account balance rising or falling in Denmark?
- Over the last ten years it is up 46.3%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.