Expense in Denmark

Denmark: Expense was 33.3% in 2023. ▲ Rising

Latest (2023)
33.3%
Change on year
up 3.6%
World rank
47th
of 157 countries
All-time high
42.6%
in 2012
All-time low
26.8%
in 1973
Years of data
52
1972–2023

Expense in Denmark, 1972–2023

010203040197219972023

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Denmark recorded 33.3% for expense in 2023.

Compared with earlier readings it is up 3.6% on the previous year and down 17.3% over ten years.

Over the whole period, expense in Denmark peaked at 42.6% in 2012 and was at its lowest, 26.8%, in 1973.

That places Denmark 47th out of 157 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 52 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 30.2% 26.8% 32.9% 8
1980s 37.4% 35.1% 39.9% 10
1990s 39.0% 36.6% 41.8% 10
2000s 35.7% 32.6% 40.7% 10
2010s 39.0% 35.3% 42.6% 10
2020s 35.2% 32.2% 38.8% 4

Countries ranked near Denmark

  1. 44 Malta 33.7% compare
  2. 45 South Africa 33.4% compare
  3. 46 North Macedonia 33.4% compare
  4. 48 Trinidad and Tobago 33.3% compare
  5. 49 Colombia 33.3% compare
  6. 50 Turkey 33.0% compare

See the full ranking of 183 places →

More economy & growth data for Denmark

All data for Denmark →

Frequently asked questions

What is expense in Denmark?
Expense in Denmark was 33.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Denmark?
The highest recorded value was 42.6% in 2012.
What is the lowest expense recorded in Denmark?
The lowest recorded value was 26.8% in 1973.
How does Denmark rank for expense?
Denmark ranks 47th out of 157 countries with data for 2023.
Is expense rising or falling in Denmark?
Over the last ten years it is down 17.3%. The long-run trend across the full record is rising.
Where does this Denmark data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. 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.