Gross savings in Denmark
Denmark: Gross savings was 1.04 trillion current LCU in 2024. ◆ Volatile
Gross savings in Denmark, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Denmark stood at 1.04 trillion current LCU. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 7.3% on the previous year and up 83.4% over ten years.
Over the whole period, gross savings in Denmark peaked at 1.04 trillion current LCU in 2024 and was at its lowest, 49.41 billion current LCU, in 1975.
Denmark ranks 62nd of 177 countries on this measure, in the middle of the range.
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 | 64.19 billion current LCU | 49.41 billion current LCU | 75.80 billion current LCU | 5 |
| 1980s | 120.43 billion current LCU | 69.61 billion current LCU | 176.24 billion current LCU | 10 |
| 1990s | 234.31 billion current LCU | 192.16 billion current LCU | 300.89 billion current LCU | 10 |
| 2000s | 401.12 billion current LCU | 330.09 billion current LCU | 486.65 billion current LCU | 10 |
| 2010s | 561.53 billion current LCU | 439.11 billion current LCU | 675.67 billion current LCU | 10 |
| 2020s | 909.45 billion current LCU | 697.70 billion current LCU | 1.04 trillion current LCU | 5 |
Countries ranked near Denmark
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 gross savings in Denmark?
- Gross savings in Denmark was 1.04 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Denmark?
- The highest recorded value was 1.04 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Denmark?
- The lowest recorded value was 49.41 billion current LCU in 1975.
- How does Denmark rank for gross savings?
- Denmark ranks 62nd out of 177 countries with data for 2024.
- Is gross savings rising or falling in Denmark?
- Over the last ten years it is up 83.4%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.