Goods and services expense in Denmark
Denmark: Goods and services expense was 8.0% in 2023. ▼ Falling
Goods and services expense in Denmark, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Denmark recorded 8.0% for goods and services expense in 2023.
Compared with earlier readings it is up 1.9% on the previous year and up 7.3% over ten years.
Over the whole period, goods and services expense in Denmark peaked at 14.0% in 1972 and was at its lowest, 6.0%, in 1997.
Denmark ranks 123rd of 154 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.0% | 8.0% | 14.0% | 8 |
| 1980s | 8.0% | 7.5% | 8.4% | 10 |
| 1990s | 7.4% | 6.0% | 8.8% | 10 |
| 2000s | 7.6% | 7.1% | 8.2% | 10 |
| 2010s | 7.5% | 7.3% | 7.8% | 10 |
| 2020s | 7.7% | 7.1% | 8.0% | 4 |
Countries ranked near Denmark
More public sector data for Denmark
- Arms imports 427.00 million SIPRI trend indicator values (2024)
- Tax revenue 33.4% (2024)
- Taxes on income, profits and capital gains 51.4% (2024)
- Taxes on goods and services 31.4% (2024)
- Net investment in nonfinancial assets 1.7% (2024)
- Net lending (+) / net borrowing (-) 4.2% (2024)
- Interest payments 1.4% (2024)
- Grants and other revenue 15.9% (1994)
- Interest payments 1.4% (2023)
- Other taxes 4.2% (2024)
Frequently asked questions
- What is goods and services expense in Denmark?
- Goods and services expense in Denmark was 8.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Denmark?
- The highest recorded value was 14.0% in 1972.
- What is the lowest goods and services expense recorded in Denmark?
- The lowest recorded value was 6.0% in 1997.
- How does Denmark rank for goods and services expense?
- Denmark ranks 123rd out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Denmark?
- Over the last ten years it is up 7.3%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). 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
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.