Subsidies and other transfers in Denmark
Denmark: Subsidies and other transfers was 129.90 billion current LCU in 2024. ▲ Rising
Subsidies and other transfers in Denmark, 1985–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Denmark is 129.90 billion current LCU, measured in 2024.
Compared with earlier readings it is up 4.8% on the previous year and up 2.7% over ten years.
Over the whole period, subsidies and other transfers in Denmark peaked at 262.62 billion current LCU in 1994 and was at its lowest, 8.49 billion current LCU, in 1985.
Denmark ranks 79th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 40 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.68 billion current LCU | 8.49 billion current LCU | 14.61 billion current LCU | 5 |
| 1990s | 163.37 billion current LCU | 99.55 billion current LCU | 262.62 billion current LCU | 10 |
| 2000s | 106.15 billion current LCU | 96.31 billion current LCU | 114.72 billion current LCU | 10 |
| 2010s | 123.78 billion current LCU | 120.14 billion current LCU | 127.14 billion current LCU | 10 |
| 2020s | 141.13 billion current LCU | 123.98 billion current LCU | 169.27 billion current LCU | 5 |
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 subsidies and other transfers in Denmark?
- Subsidies and other transfers in Denmark was 129.90 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Denmark?
- The highest recorded value was 262.62 billion current LCU in 1994.
- What is the lowest subsidies and other transfers recorded in Denmark?
- The lowest recorded value was 8.49 billion current LCU in 1985.
- How does Denmark rank for subsidies and other transfers?
- Denmark ranks 79th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Denmark?
- Over the last ten years it is up 2.7%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.