Expense in Denmark
Denmark: Expense was 33.3% in 2023. ▲ Rising
Expense in Denmark, 1972–2023
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
| Decade | Average | Lowest | Highest | 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
- 44 Malta 33.7% compare
- 45 South Africa 33.4% compare
- 46 North Macedonia 33.4% compare
- 48 Trinidad and Tobago 33.3% compare
- 49 Colombia 33.3% compare
- 50 Turkey 33.0% compare
More economy & growth data for Denmark
- DEC alternative conversion factor 6.62 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -37.70 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -5.69 billion current US$ (2025)
- Taxes less subsidies on products 346.97 billion current LCU (2025)
- Taxes less subsidies on products 52.40 billion current US$ (2025)
- Net primary income (Net income from abroad) 82.81 billion current LCU (2025)
- Net primary income (Net income from abroad) 12.51 billion current US$ (2025)
- GNI per capita 523,385 current LCU (2025)
- GNI per capita, Atlas method 77,190 current US$ (2025)
- GNI 3.15 trillion current LCU (2025)
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.
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About this data
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.