Tax revenue in Denmark
Denmark: Tax revenue was 976.36 billion current LCU in 2024. ◆ Volatile
Tax revenue in Denmark, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, tax revenue in Denmark stood at 976.36 billion current LCU. That is the highest value across all 53 years on record.
That represents a change of up 9.5% on the previous year and up 34.8% over ten years.
Over the whole period, tax revenue in Denmark peaked at 976.36 billion current LCU in 2024 and was at its lowest, 46.83 billion current LCU, in 1972.
That places Denmark 54th out of 157 countries with data for 2024, putting it 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 | 71.90 billion current LCU | 46.83 billion current LCU | 105.89 billion current LCU | 8 |
| 1980s | 189.36 billion current LCU | 114.35 billion current LCU | 258.00 billion current LCU | 10 |
| 1990s | 320.67 billion current LCU | 254.31 billion current LCU | 398.22 billion current LCU | 10 |
| 2000s | 501.52 billion current LCU | 414.33 billion current LCU | 612.57 billion current LCU | 10 |
| 2010s | 687.17 billion current LCU | 593.97 billion current LCU | 805.75 billion current LCU | 10 |
| 2020s | 887.48 billion current LCU | 802.00 billion current LCU | 976.36 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 tax revenue in Denmark?
- Tax revenue in Denmark was 976.36 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Denmark?
- The highest recorded value was 976.36 billion current LCU in 2024.
- What is the lowest tax revenue recorded in Denmark?
- The lowest recorded value was 46.83 billion current LCU in 1972.
- How does Denmark rank for tax revenue?
- Denmark ranks 54th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Denmark?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is volatile.
- 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.