Denmark External Debt: % of GDP

2005 - 2025 | Yearly | % | CEIC Data

Key information about Denmark External Debt: % of GDP

  • Denmark External Debt accounted for 142.9 % of the country's Nominal GDP in 2025, compared with the ratio of 142.2 % in the previous year.
  • Denmark External Debt: % of Nominal GDP data is updated yearly, available from Dec 2005 to Dec 2025.
  • The data reached an all-time high of 185.2 % in Dec 2010 and a record low of 128.7 % in Dec 2022.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. Denmark National Bank provides External Debt in local currency. Statistics Denmark provides Nominal GDP in local currency.


Related information about Denmark External Debt: % of GDP

  • In the latest reports of Denmark, Current Account recorded a surplus of 6.7 USD bn in Sep 2025.
  • Foreign Direct Investment (FDI) fell by 1.8 USD bn in Jan 2026.
  • Denmark Direct Investment Abroad expanded by 662.5 USD mn in Jan 2026.
  • Its Foreign Portfolio Investment increased by 14.9 USD bn in Dec 2025.
  • The country's External Debt reached 687,617.9 in Dec 2025.
  • The country's Nominal GDP was reported at 120.1 USD bn in Sep 2025.

View Denmark's External Debt: % of GDP from 2005 to 2025 in the chart:

Denmark External Debt: % of GDP

What was Denmark's External Debt: % of GDP in 2025?

Denmark External Debt accounted for 142.9 % of the country's Nominal GDP in 2025, compared with the ratio of 142.2 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
142.9 2025 142.2 2024 128.7 2022 185.2 2010 % yearly 2005 - 2025

External Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 37.8 2025 yearly 1991 - 2025
Algeria (%) 1.1 2024 yearly 1970 - 2024
Argentina (%) 46.8 2025 yearly 1994 - 2025
Armenia (%) 64.8 2025 yearly 2000 - 2025
Australia (%) 107.6 2025 yearly 1988 - 2025
Austria (%) 154.5 2024 yearly 1997 - 2024
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 40.7 Dec 2025 quarterly Dec 2000 - Dec 2025
Belgium (%) 242.8 2025 yearly 2007 - 2025
Bolivia (%) 33.0 2024 yearly 2006 - 2024
Bosnia and Herzegovina (%) 16.4 2025 yearly 1999 - 2025
Botswana (%) 7.8 2025 yearly 1995 - 2025
Brazil (%) 29.0 2025 yearly 1992 - 2025
Bulgaria (%) 50.5 2025 yearly 1999 - 2025
Cambodia (%) 45.4 2024 yearly 2010 - 2024
Canada (%) 147.8 2025 yearly 1990 - 2025
Chile (%) 77.6 2025 yearly 1971 - 2025
China (%) 11.9 2025 yearly 1985 - 2025
Colombia (%) 48.0 2024 yearly 1970 - 2024
Croatia (%) 74.3 2022 yearly 1998 - 2022
Cyprus (%) 620.0 2025 yearly 2004 - 2025
Czech Republic (%) 66.4 2025 yearly 1995 - 2025
Denmark (%) 142.9 2025 yearly 2005 - 2025
Ecuador (%) 48.7 2025 yearly 1970 - 2025
Egypt (%) 44.2 Jun 2025 quarterly Jun 1999 - Jun 2025
Estonia (%) 100.4 2025 yearly 1996 - 2025
European Union (%) 109.7 2024 yearly 2008 - 2024
Finland (%) 207.2 2025 yearly 1991 - 2025
France (%) 250.2 2024 yearly 2004 - 2024
Georgia (%) 70.3 2025 yearly 1999 - 2025
Germany (%) 151.3 2025 yearly 1999 - 2025
Ghana (%) 34.0 2024 yearly 1999 - 2024
Greece (%) 237.7 2025 yearly 2003 - 2025
Hong Kong SAR, China (%) 481.9 2025 yearly 2001 - 2025
Hungary (%) 118.0 2025 yearly 2006 - 2025
Iceland (%) 75.3 2025 yearly 1989 - 2025
India (%) 19.1 2025 yearly 1970 - 2025
Indonesia (%) 29.9 2025 yearly 2003 - 2025
Iran (%) 0.8 2025 yearly 1994 - 2025
Ireland (%) 507.4 2025 yearly 2002 - 2025
Israel (%) 26.9 2025 yearly 1998 - 2025
Italy (%) 120.8 2024 yearly 2002 - 2024
Ivory Coast (%) 34.4 2022 yearly 1994 - 2022
Japan (%) 109.3 2025 yearly 2003 - 2025
Jordan (%) 74.1 2025 yearly 1970 - 2025
Kazakhstan (%) 59.5 Dec 2025 quarterly Mar 2002 - Dec 2025
Kenya (%) 31.2 2024 yearly 2006 - 2024
South Korea (%) 40.9 2025 yearly 1994 - 2025
Kosovo (%) 40.7 2024 yearly 2007 - 2024
Kuwait (%) 41.3 2024 yearly 2014 - 2024
Kyrgyzstan (%) 68.2 2024 yearly 2003 - 2024
Laos (%) 68.7 2024 yearly 1996 - 2024
Latvia (%) 99.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Lebanon (%) 17.4 2023 yearly 2007 - 2023
Lithuania (%) 93.3 2025 yearly 1996 - 2025
Luxembourg (%) 3,937.1 2025 yearly 2002 - 2025
North Macedonia (%) 72.0 2025 yearly 2004 - 2025
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 68.9 2025 yearly 2009 - 2025
Malta (%) 785.5 2025 yearly 2004 - 2025
Mauritius (%) 1,142.1 2025 yearly 2009 - 2025
Mexico (%) 35.1 2025 yearly 2002 - 2025
Moldova (%) 56.7 2024 yearly 2000 - 2024
Mongolia (%) 159.5 2025 yearly 1992 - 2025
Montenegro (%) 105.7 2024 yearly 2006 - 2024
Morocco (%) 50.8 2022 yearly 1970 - 2022
Mozambique (%) 49.2 2023 yearly 1985 - 2023
Myanmar (%) 18.9 2023 yearly 2018 - 2023
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 345.3 2025 yearly 2003 - 2025
New Zealand (%) 98.2 2025 yearly 1993 - 2025
Nigeria (%) 11.9 2024 yearly 1985 - 2024
Norway (%) 156.0 2025 yearly 2003 - 2025
Pakistan (%) 33.4 2025 yearly 2000 - 2025
Palestinian Territory (%) 13.1 2024 yearly 2012 - 2024
Panama (%) 167.4 2021 yearly 2014 - 2021
Paraguay (%) 59.8 2025 yearly 2000 - 2025
Peru (%) 33.5 2025 yearly 1980 - 2025
Philippines (%) 30.3 2025 yearly 1990 - 2025
Poland (%) 50.3 2025 yearly 1995 - 2025
Portugal (%) 145.3 2025 yearly 1996 - 2025
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 57.5 2024 yearly 1995 - 2024
Russia (%) 12.5 2025 yearly 1993 - 2025
Serbia (%) 60.5 2024 yearly 2000 - 2024
Singapore (%) 402.2 2025 yearly 2003 - 2025
Slovakia (%) 100.8 2025 yearly 1995 - 2025
Slovenia (%) 88.9 2025 yearly 1995 - 2025
South Africa (%) 42.0 2024 yearly 1985 - 2024
Spain (%) 162.9 2024 yearly 1995 - 2024
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 157.5 2025 yearly 1997 - 2025
Switzerland (%) 226.4 2025 yearly 1999 - 2025
Taiwan, China (%) 26.5 2025 yearly 1999 - 2025
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 35.4 Dec 2025 quarterly Mar 2005 - Dec 2025
Tunisia (%) 83.8 2024 yearly 2002 - 2024
Turkey (%) 32.6 2025 yearly 1995 - 2025

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Denmark Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.9 Dec 2025 quarterly Dec 1999 - Dec 2025
Consolidated Fiscal Balance (USD mn) -751.453 Dec 2025 quarterly Mar 1999 - Dec 2025
Tax Revenue (USD mn) 54,121.124 Dec 2025 quarterly Mar 1999 - Dec 2025
Tax Revenue: % of GDP (%) 42.8 Dec 2025 quarterly Mar 1999 - Dec 2025
National Government Debt (USD mn) 134,380.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Government Debt: % of GDP (%) 27.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Forecast: Government Expenditure (DKK bn) 1,840.206 2030 yearly 1980 - 2030
Forecast: Government Net Debt (DKK bn) 1,109.412 2030 yearly 1992 - 2030
Forecast: Government Revenue (DKK bn) 1,820.316 2030 yearly 1980 - 2030
Central Government Debt: Gross: Foreign (DKK bn) 21.073 Feb 2026 monthly Dec 1990 - Feb 2026
Central Government Debt: Gross (DKK bn) 589.782 Feb 2026 monthly Dec 1990 - Feb 2026
Central Government Debt: Gross: Domestic (DKK bn) 568.709 Feb 2026 monthly Dec 1990 - Feb 2026
General Government Expenditure (DKK mn) 401,156.000 Dec 2025 quarterly Mar 1999 - Dec 2025
General Government: Overall Surplus (DKK mn) -4,823.000 Dec 2025 quarterly Mar 1999 - Dec 2025
General Government Revenue (DKK mn) 396,333.000 Dec 2025 quarterly Mar 1999 - Dec 2025
General Government Expenditure: Capital (DKK mn) 48,670.000 Dec 2025 quarterly Mar 1999 - Dec 2025
General Government Expenditure: Current (DKK mn) 268,269.000 Dec 2018 quarterly Mar 1999 - Dec 2018
General Government Revenue: Current: Taxes on Production and Imports: ow Value A... (DKK mn) 57,510.000 Dec 2018 quarterly Mar 1999 - Dec 2018
General Government Revenue: Current (DKK mn) 290,258.000 Dec 2018 quarterly Mar 1999 - Dec 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.820 2030 yearly 1980 - 2030
Trade Balance (USD mn) 3,921.0 Feb 2026 monthly Jan 1997 - Feb 2026
Total Exports (USD mn) 16,063.4 Feb 2026 monthly Jan 1997 - Feb 2026
Total Exports Growth (%) -0.8 Feb 2026 monthly Jan 1998 - Feb 2026
Aluminum: Exports (USD th) 875,393.230 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 8,533,222.198 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 5,485,857.096 2024 yearly 1995 - 2024
Total Imports (USD mn) 12,142.4 Feb 2026 monthly Jan 1997 - Feb 2026
Total Imports Growth (%) -4.4 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: Medicament (USD th) 5,090,831.404 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,784,992.379 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 754.305 Feb 2026 monthly Mar 1976 - Feb 2026
Total Imports from USA (USD mn) 526.795 Feb 2026 monthly Mar 1976 - Feb 2026
Total Exports to China (USD mn) 452.010 Feb 2026 monthly Mar 1976 - Feb 2026
Total Imports from China (USD mn) 801.763 Feb 2026 monthly Mar 1976 - Feb 2026
Exports: BCP: China (DKK mn) 2,766.858 Feb 2026 monthly Jan 2022 - Feb 2026
Exports: BCP: United States (DKK mn) 3,960.021 Feb 2026 monthly Jan 2022 - Feb 2026
Imports: BCP: China (DKK mn) 4,991.114 Feb 2026 monthly Jan 2022 - Feb 2026
Imports: BCP: United States (DKK mn) 3,380.545 Feb 2026 monthly Jan 2022 - Feb 2026
Imports Volume Index: sa (2015=100) 128.800 Feb 2026 monthly Jan 2007 - Feb 2026
Exports Volume Index: sa (2015=100) 124.600 Feb 2026 monthly Jan 2007 - Feb 2026
Natural Gas Exports: Sweden (TJ) 2,553.409 Feb 2026 monthly Jan 2002 - Feb 2026
Natural Gas Exports: Germany (TJ) 0.000 Feb 2026 monthly Jan 2002 - Feb 2026
Natural Gas Exports: Netherlands (TJ) 2,246.627 Feb 2026 monthly Jan 2002 - Feb 2026
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -1,642.2 Feb 2026 monthly Jan 1999 - Feb 2026
Current Account Balance (USD mn) 6,659.1 Sep 2025 monthly Jan 2005 - Sep 2025
Current Account Balance: % of GDP (%) 14.0 Dec 2025 quarterly Mar 1990 - Dec 2025
Foreign Direct Investment (USD mn) -130.0 Feb 2026 monthly Jan 1999 - Feb 2026
Foreign Direct Investment: % of GDP (%) 6.9 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment (USD mn) 14,756.571 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 11.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -3,002.4 Sep 2025 quarterly Mar 1975 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 5,991.166 Sep 2025 quarterly Mar 1975 - Sep 2025
External Debt (USD mn) 687,617.9 Dec 2025 quarterly Dec 2005 - Dec 2025
External Debt: % of GDP (%) 142.9 2025 yearly 2005 - 2025
External Debt: Short Term (USD mn) 294,468.9 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: Short Term: % of GDP (%) 61.2 2025 yearly 2005 - 2025
Total Debt: % of GDP (%) 847.5 2024 yearly 1994 - 2024
Forecast: Current Account Balance (USD bn) 65.577 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 506,046.983 Dec 2025 quarterly Mar 2005 - Dec 2025
BoP: Current Account: Primary Income (DKK mn) 7,223.100 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: Current Account: Secondary Income (DKK mn) -4,228.900 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: Current Account: Goods and Services (DKK mn) 22,199.100 Feb 2026 monthly Jan 2005 - Feb 2026
Balance of Payments (BoP): Current Account (DKK mn) 25,193.200 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: Current Account: Goods and Services: Services (DKK mn) -1,072.500 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: Current Account: Goods and Services: Goods f.o.b (DKK mn) 23,271.600 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: Net Errors and Omissions (DKK mn) -49,277.200 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Assets: Direct Investments (DKK mn) -10,375.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Net Assets: Other Investments (DKK mn) 5,160.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Net Assets: Direct Investments (DKK mn) -9,554.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Assets: Reserve Assets (DKK mn) 10,642.000 Feb 2026 monthly Jan 2005 - Feb 2026
Balance of Payment (BoP): Financial Account (FA): Net Assets (DKK mn) -24,719.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Assets (DKK mn) -132,404.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Liabilities (DKK mn) -107,686.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Assets: Portfolio Investments (DKK mn) 12,508.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Liabilities: Portfolio Investments (DKK mn) 23,502.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Net Assets: Reserve Assets (DKK mn) 10,642.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Net Assets: Financial Derivatives (DKK mn) -19,972.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Net Assets: Portfolio Investments (DKK mn) -10,994.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Liabilities: Other Investments (DKK mn) -61,368.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Liabilities: Direct Investments (DKK mn) -821.000 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: Assets: Financial Derivatives (DKK mn) -88,972.000 Feb 2026 monthly Jan 2005 - Feb 2026
International Investment Position (IIP): Assets (DKK mn) 11,565,300.000 Dec 2025 quarterly Mar 2005 - Dec 2025
International Investment Position (IIP): Liabilities (DKK mn) 8,344,817.000 Dec 2025 quarterly Mar 2005 - Dec 2025
International Investment Position (IIP): Net (DKK mn) 3,220,483.000 Dec 2025 quarterly Mar 2005 - Dec 2025
Gross External Debt: Short Term (DKK bn) 1,874.000 Dec 2025 quarterly Mar 2005 - Dec 2025
Gross External Debt (DKK bn) 4,376.000 Dec 2025 quarterly Dec 2005 - Dec 2025
Gross External Debt: Long Term (DKK bn) 2,502.000 Dec 2025 quarterly Dec 2005 - Dec 2025
No of Bankruptcy: Registry Based (Unit) 469.000 Mar 2026 monthly Jan 2009 - Mar 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Dec 2025 quarterly Dec 2010 - Dec 2025
Household Debt: % of GDP (%) 89.8 2024 yearly 1994 - 2024
Money Supply M1 (USD mn) 265,187.192 Feb 2026 monthly Jan 1991 - Feb 2026
Money Supply M2 (USD mn) 298,660.383 Feb 2026 monthly Jan 1991 - Feb 2026
M2 Growth (%) 4.2 Feb 2026 monthly Jan 1992 - Feb 2026
Foreign Exchange Reserves (USD mn) 93,285.6 Feb 2026 monthly Jan 2002 - Feb 2026
Foreign Exchange Reserves: % of GDP (%) 18.519 Dec 2025 quarterly Mar 2002 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 7.9 Feb 2026 monthly Jan 2002 - Feb 2026
Gold Reserves (USD mn) 11,314.544 Feb 2026 monthly Jan 1962 - Feb 2026
Total Deposits (USD mn) 347,739.651 Jan 2026 monthly Jan 2003 - Jan 2026
Total Deposits Growth (%) 2.9 Jan 2026 monthly Jan 2004 - Jan 2026
Domestic Credit (USD mn) 750,006.4 May 2025 monthly Dec 2001 - May 2025
Domestic Credit Growth (%) -11.6 May 2025 monthly Dec 2002 - May 2025
Debt Service Ratio: Households (%) 11.800 Sep 2025 quarterly Mar 1999 - Sep 2025
Debt Service Ratio: Private Non-Financial Sector (%) 23.200 Sep 2025 quarterly Mar 1999 - Sep 2025
Credit to Households (USD bn) 403.192 Sep 2025 quarterly Dec 1994 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 1,064.634 Sep 2025 quarterly Sep 1953 - Sep 2025
Household Debt (USD mn) 425,567.9 2025 yearly 1994 - 2025
Total Loans (USD mn) 142,811.482 Feb 2026 monthly Oct 2013 - Feb 2026
Total Loans Growth (%) 10.49 Feb 2026 monthly Oct 2014 - Feb 2026
Private Debt: % of Nominal GDP (%) 28.74 Dec 2025 quarterly Dec 2013 - Dec 2025
Money Supply: M3: M2: M1 (DKK bn) 1,679.529 Feb 2026 monthly Jan 1991 - Feb 2026
Money Supply: M3: M2 (DKK bn) 1,895.156 Feb 2026 monthly Jan 1991 - Feb 2026
Money Supply: M3 (DKK bn) 2,113.373 Feb 2026 monthly Jan 1991 - Feb 2026
Official Reserve Assets (DKK bn) 712.700 Feb 2026 monthly Dec 1999 - Feb 2026
Official Reserve Assets: Foreign Currency Reserves (FC) (DKK bn) 348.400 Feb 2026 monthly Jan 2002 - Feb 2026
Official Reserve Assets: Gold (DKK bn) 17.800 Dec 2018 monthly Dec 1999 - Dec 2018
Payment Cards: Transactions: Value: Issued in Denmark (DKK mn) 229,106.000 Dec 2025 quarterly Mar 2016 - Dec 2025
Payment Cards: Transactions: Value: Issued Abroad (DKK mn) 11,215.000 Dec 2025 quarterly Mar 2016 - Dec 2025
Banks Loans: Outstanding: Total (DKK mn) 1,525,681.800 Feb 2026 monthly Oct 2013 - Feb 2026
Banks Loans: Outstanding: Financial Corporations (DKK mn) 608,022.200 Feb 2026 monthly Oct 2013 - Feb 2026
Banks Loans: Outstanding: Households (DKK mn) 491,160.500 Feb 2026 monthly Oct 2013 - Feb 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -20.0 Mar 2026 monthly Jan 1986 - Mar 2026
Business Sentiment Indicator: Service Sector (1998-2024=100) 107.000 Mar 2026 monthly Apr 2000 - Mar 2026
Business Sentiment Indicator: Retail Trade (1998-2024=100) 106.700 Mar 2026 monthly Jan 1998 - Mar 2026
Business Sentiment Indicator: Industry (1998-2024=100) 94.000 Mar 2026 monthly Jan 1998 - Mar 2026
Business Sentiment Indicator: Construction (1998-2024=100) 102.500 Mar 2026 monthly Jan 1998 - Mar 2026

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