Denmark Tax Revenue: % of GDP

1999 - 2023 | Quarterly | % | CEIC Data

Key information about Denmark Tax revenue: % of GDP

  • Denmark Tax revenue: % of GDP was reported at 43.5 % in Jun 2023.
  • This records an increase from the previous number of 43.4 % for Mar 2023.
  • Denmark Tax revenue: % of GDP data is updated quarterly, averaging 46.1 % from Mar 1999 to Jun 2023, with 98 observations.
  • The data reached an all-time high of 52.7 % in Mar 2021 and a record low of 40.4 % in Dec 2022.
  • Denmark Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from quarterly Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as the sum of Taxes on Production and Imports, Current Taxes on Income and Wealth and Capital Taxes. Statistics Denmark provides Tax Revenue in local currency and Nominal GDP in local currency.

View Denmark's Tax Revenue: % of GDP from Mar 1999 to Jun 2023 in the chart:

Denmark Tax Revenue: % of GDP

What was Denmark's Tax Revenue: % of GDP in Jun 2023?

Denmark Tax revenue: % of GDP was reported at 43.5 % in Jun 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
43.5 Jun 2023 43.4 Mar 2023 40.4 Dec 2022 52.7 Mar 2021 % quarterly Mar 1999 - Jun 2023

Tax Revenue: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) 19.6 2022 yearly 2008 - 2022
Algeria (%) 5.4 2021 yearly 1997 - 2021
Argentina (%) 16.6 Jun 2023 quarterly Mar 2004 - Jun 2023
Armenia (%) 25.1 Mar 2023 quarterly Mar 2008 - Mar 2023
Australia (%) 34.9 Jun 2023 quarterly Sep 2002 - Jun 2023
Austria (%) 27.1 Jun 2023 quarterly Mar 2001 - Jun 2023
Azerbaijan (%) 15.6 2022 yearly 1993 - 2022
Bahrain (%) 5.2 2022 yearly 1990 - 2022
Bangladesh (%) 8.0 2022 yearly 2006 - 2022
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 29.7 2022 yearly 1980 - 2022
Bolivia (%) 17.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 21.7 2022 yearly 2005 - 2022
Botswana (%) 34.0 Jun 2023 quarterly Jun 2007 - Jun 2023
Brazil (%) 14.7 Sep 2023 quarterly Sep 1994 - Sep 2023
Brunei (%) 1.6 2022 yearly 2010 - 2022
Bulgaria (%) 26.8 Sep 2023 quarterly Mar 2003 - Sep 2023
Cambodia (%) 18.3 2022 yearly 2013 - 2022
Canada (%) 13.1 Jun 2023 quarterly Mar 1996 - Jun 2023
Chile (%) 22.8 2022 yearly 1990 - 2022
China (%) 12.3 Sep 2023 quarterly Mar 1995 - Sep 2023
Colombia (%) 18.9 Sep 2023 quarterly Mar 2000 - Sep 2023
Croatia (%) 26.2 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 20.3 Jun 2023 quarterly Mar 1995 - Jun 2023
Czech Republic (%) 20.7 Jun 2023 quarterly Mar 1995 - Jun 2023
Denmark (%) 43.5 Jun 2023 quarterly Mar 1999 - Jun 2023
Ecuador (%) 13.7 Jun 2023 quarterly Mar 2000 - Jun 2023
Egypt (%) 5.3 2022 yearly 2005 - 2022
Estonia (%) 21.9 Jun 2023 quarterly Mar 1999 - Jun 2023
European Union (%) 26.7 2022 yearly 1995 - 2022
Finland (%) 31.1 Jun 2023 quarterly Mar 1999 - Jun 2023
France (%) 16.1 Sep 2023 quarterly Mar 2006 - Sep 2023
Georgia (%) 25.4 Jun 2023 quarterly Mar 2006 - Jun 2023
Germany (%) 22.5 Sep 2023 quarterly Mar 1991 - Sep 2023
Ghana (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 22.5 Mar 2023 quarterly Mar 1999 - Mar 2023
Hong Kong SAR, China (%) 4.8 Sep 2023 quarterly Sep 1979 - Sep 2023
Hungary (%) 25.9 Jun 2023 quarterly Mar 1999 - Jun 2023
Iceland (%) 32.3 Jun 2023 quarterly Mar 2002 - Jun 2023
India (%) 6.1 Jun 2023 quarterly Jun 1997 - Jun 2023
Indonesia (%) 9.0 Sep 2023 quarterly Mar 2014 - Sep 2023
Iran (%) 5.1 2020 yearly 1996 - 2020
Ireland (%) 17.7 Jun 2023 quarterly Mar 2000 - Jun 2023
Israel (%) 22.1 Jun 2023 quarterly Mar 2001 - Jun 2023
Italy (%) 28.9 Jun 2023 quarterly Mar 1999 - Jun 2023
Ivory Coast (%) 11.7 2022 yearly 1960 - 2022
Japan (%) 10.4 Sep 2023 quarterly Jun 1983 - Sep 2023
Jordan (%) 15.2 2018 yearly 1999 - 2018
Kazakhstan (%) 24.9 Jun 2023 quarterly Mar 2008 - Jun 2023
Kenya (%) 7.1 2022 yearly 2006 - 2022
South Korea (%) 16.6 Jun 2023 quarterly Mar 2000 - Jun 2023
Kosovo (%) 27.0 Jun 2023 quarterly Mar 2010 - Jun 2023
Kuwait (%) 1.5 2020 yearly 1988 - 2020
Kyrgyzstan (%) 21.9 Sep 2023 quarterly Mar 2007 - Sep 2023
Laos (%) 11.3 2022 yearly 2012 - 2022
Latvia (%) 22.4 Jun 2023 quarterly Mar 1999 - Jun 2023
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 24.1 Jun 2023 quarterly Mar 1999 - Jun 2023
Luxembourg (%) 27.2 2022 yearly 1995 - 2022
Macau SAR, China (%) 17.4 2022 yearly 2002 - 2022
North Macedonia (%) 17.9 Jun 2023 quarterly Mar 2004 - Jun 2023
Malawi (%) 11.4 2021 yearly 2009 - 2021
Malaysia (%) 12.4 Jun 2023 quarterly Mar 1991 - Jun 2023
Malta (%) 25.6 Jun 2023 quarterly Mar 2000 - Jun 2023
Mauritius (%) 21.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Mexico (%) 13.4 Sep 2023 quarterly Mar 1993 - Sep 2023
Moldova (%) 21.1 2022 yearly 2004 - 2022
Mongolia (%) 31.4 Sep 2023 quarterly Mar 2000 - Sep 2023
Montenegro (%) 26.9 Jun 2023 quarterly Mar 2012 - Jun 2023
Morocco (%) 22.5 Jun 2022 quarterly Mar 2007 - Jun 2022
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 25.1 Jun 2023 quarterly Mar 1999 - Jun 2023
New Zealand (%) 30.4 2022 yearly 1999 - 2022
Norway (%) 31.9 Jun 2023 quarterly Mar 2002 - Jun 2023
Oman (%) 3.7 2021 yearly 1996 - 2021
Pakistan (%) 5.6 2022 yearly 2000 - 2022
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 6.9 Sep 2022 quarterly Mar 2007 - Sep 2022
Paraguay (%) 11.6 Jun 2023 quarterly Mar 1998 - Jun 2023
Peru (%) 13.2 Sep 2023 quarterly Mar 1990 - Sep 2023
Philippines (%) 15.2 Sep 2023 quarterly Mar 1985 - Sep 2023
Poland (%) 16.8 Jun 2023 quarterly Mar 2007 - Jun 2023
Portugal (%) 22.3 Jun 2023 quarterly Mar 1999 - Jun 2023
Russia (%) 21.3 Jun 2023 quarterly Mar 1996 - Jun 2023
Serbia (%) 41.7 Jun 2023 quarterly Mar 2005 - Jun 2023
Singapore (%) 15.5 Sep 2023 quarterly Dec 1987 - Sep 2023
Slovakia (%) 15.1 Jun 2023 quarterly Mar 2005 - Jun 2023
Slovenia (%) 19.0 Sep 2023 quarterly Mar 2000 - Sep 2023
South Africa (%) 22.5 Jun 2023 quarterly Mar 1990 - Jun 2023
Spain (%) 24.6 2021 yearly 1995 - 2021
Sri Lanka (%) 10.1 Jun 2023 quarterly Mar 2014 - Jun 2023
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 21.9 2022 yearly 1995 - 2022
Switzerland (%) 28.3 2020 yearly 1990 - 2020
Taiwan (%) 11.1 Sep 2023 quarterly Mar 1975 - Sep 2023
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.3 2021 yearly 1990 - 2021
Tunisia (%) 24.6 2022 yearly 1991 - 2022

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Denmark Key Series

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Includes 229 key indicators for Denmark, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 3.2 Jun 2023 quarterly Dec 1999 - Jun 2023
Consolidated Fiscal Balance (USD mn) 3,401.009 Jun 2023 quarterly Mar 1999 - Jun 2023
Tax Revenue (USD mn) 44,438.793 Jun 2023 quarterly Mar 1999 - Jun 2023
Tax Revenue: % of GDP (%) 43.5 Jun 2023 quarterly Mar 1999 - Jun 2023
National Government Debt (USD mn) 125,784.5 Jun 2023 quarterly Mar 2000 - Jun 2023
Government Debt: % of GDP (%) 30.2 Jun 2023 quarterly Mar 2000 - Jun 2023
Forecast: Government Expenditure (DKK bn) 1,679.327 2028 yearly 1980 - 2028
Forecast: Government Net Debt (DKK bn) 974.946 2028 yearly 1992 - 2028
Forecast: Government Revenue (DKK bn) 1,679.112 2028 yearly 1980 - 2028
General Government Revenue (DKK mn) 345,269.000 Jun 2023 quarterly Mar 1999 - Jun 2023
General Government Expenditure: Capital (DKK mn) 25,251.000 Jun 2023 quarterly Mar 1999 - Jun 2023
General Government: Overall Surplus (DKK mn) 23,268.000 Jun 2023 quarterly Mar 1999 - Jun 2023
General Government Expenditure (DKK mn) 322,001.000 Jun 2023 quarterly Mar 1999 - Jun 2023
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 (%) 2.200 2028 yearly 1980 - 2028
Trade Balance (USD mn) -57.3 Sep 2023 monthly Jan 1997 - Sep 2023
Total Exports (USD mn) 10,928.9 Sep 2023 monthly Jan 1997 - Sep 2023
Total Exports Growth (%) -5.3 Sep 2023 monthly Jan 1998 - Sep 2023
Aluminum: Exports (USD th) 713,881.806 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 10,417,439.796 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 2,944,357.814 2022 yearly 1995 - 2022
Total Imports (USD mn) 10,986.3 Sep 2023 monthly Jan 1997 - Sep 2023
Total Imports Growth (%) 0.1 Sep 2023 monthly Jan 1998 - Sep 2023
Imports: Medicament (USD th) 4,162,313.133 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,863,470.806 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 682.156 Sep 2023 monthly Jan 1997 - Sep 2023
Total Imports from USA (USD mn) 229.632 Sep 2023 monthly Jan 1997 - Sep 2023
Total Exports to China (USD mn) 384.046 Sep 2023 monthly Jan 1997 - Sep 2023
Total Imports from China (USD mn) 561.930 Sep 2023 monthly Jan 1997 - Sep 2023
Exports: sa: Transport Equipment (DKK mn) 2,568.800 Sep 2023 monthly Jan 1997 - Sep 2023
Exports: sa (DKK mn) 76,368.200 Sep 2023 monthly Jan 1997 - Sep 2023
Exports: sa: Machinery excl Transport Equipment (DKK mn) 14,331.000 Sep 2023 monthly Jan 1997 - Sep 2023
Exports: sa: Mineral Fuels, Lubricants and Related Materials (DKK mn) 8,379.500 Sep 2023 monthly Jan 1997 - Sep 2023
Exports: sa: Live Animals, Food, Beverages and Tobacco (DKK mn) 12,871.200 Sep 2023 monthly Jan 1997 - Sep 2023
Exports: sa: Chemicals and Related Products (DKK mn) 17,257.000 Sep 2023 monthly Jan 1997 - Sep 2023
Natural Gas Exports: Sweden (TJ) 1,107.610 Aug 2023 monthly Jan 2002 - Aug 2023
Natural Gas Exports: Germany (TJ) 56.977 Aug 2023 monthly Jan 2002 - Aug 2023
Natural Gas Exports: Netherlands (TJ) 2,889.487 Aug 2023 monthly Jan 2002 - Aug 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,162.9 Aug 2023 monthly Jan 1999 - Aug 2023
Current Account Balance (USD mn) 5,296.0 Apr 2023 monthly Jan 2005 - Apr 2023
Current Account Balance: % of GDP (%) 12.4 Jun 2023 quarterly Mar 1990 - Jun 2023
Foreign Direct Investment (USD mn) 6,695.9 Sep 2023 monthly Jan 1999 - Sep 2023
Foreign Direct Investment: % of GDP (%) -4.1 Jun 2023 quarterly Mar 1999 - Jun 2023
Foreign Portfolio Investment (USD mn) -4,276.115 Jun 2023 quarterly Mar 1999 - Jun 2023
Foreign Portfolio Investment: % of GDP (%) -4.2 Jun 2023 quarterly Mar 1999 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -1,509.7 Jun 2023 quarterly Mar 1975 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -2,848.894 Jun 2023 quarterly Mar 1975 - Jun 2023
External Debt (USD mn) 523,344.5 Jun 2023 quarterly Dec 2005 - Jun 2023
External Debt: % of GDP (%) 122.9 2022 yearly 2005 - 2022
External Debt: Short Term (USD mn) 236,377.5 Jun 2023 quarterly Mar 2005 - Jun 2023
External Debt: Short Term: % of GDP (%) 56.9 2022 yearly 2005 - 2022
Total Debt: % of GDP (%) 783.5 2022 yearly 1994 - 2022
Forecast: Current Account Balance (USD bn) 45.017 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 257,419.937 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: Current Account: Secondary Income (DKK mn) -3,215.200 Sep 2023 monthly Jan 2005 - Sep 2023
Balance of Payments (BoP): Current Account (DKK mn) 17,575.800 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: Current Account: Goods and Services: Services (DKK mn) -3,180.500 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: Current Account: Goods and Services (DKK mn) 9,583.100 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: Net Errors and Omissions (DKK mn) -22,484.500 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: Current Account: Primary Income (DKK mn) 11,208.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: Current Account: Goods and Services: Goods f.o.b (DKK mn) 14,777.200 Aug 2023 monthly Jan 2005 - Aug 2023
BoP: FA: Assets: Direct Investments (DKK mn) 15,946.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Assets: Portfolio Investments (DKK mn) -25,613.000 Sep 2023 monthly Jan 2005 - Sep 2023
Balance of Payment (BoP): Financial Account (FA): Net Assets (DKK mn) -4,898.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Net Assets: Financial Derivatives (DKK mn) -1,561.000 Aug 2023 monthly Jan 2005 - Aug 2023
BoP: FA: Liabilities: Other Investments (DKK mn) -15,221.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Net Assets: Other Investments (DKK mn) 27,953.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Net Assets: Reserve Assets (DKK mn) 1,011.000 Aug 2023 monthly Jan 2005 - Aug 2023
BoP: FA: Liabilities: Portfolio Investments (DKK mn) -23,092.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Assets: Reserve Assets (DKK mn) 1,011.000 Aug 2023 monthly Jan 2005 - Aug 2023
BoP: FA: Net Assets: Direct Investments (DKK mn) -30,844.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Assets (DKK mn) 3,578.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Net Assets: Portfolio Investments (DKK mn) -2,520.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Liabilities (DKK mn) 8,476.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Liabilities: Direct Investments (DKK mn) 46,789.000 Sep 2023 monthly Jan 2005 - Sep 2023
BoP: FA: Assets: Financial Derivatives (DKK mn) -1,561.000 Aug 2023 monthly Jan 2005 - Aug 2023
International Investment Position (IIP): Assets (DKK mn) 9,075,258.000 Jun 2023 quarterly Mar 2005 - Jun 2023
International Investment Position (IIP): Liabilities (DKK mn) 7,319,757.000 Jun 2023 quarterly Mar 2005 - Jun 2023
International Investment Position (IIP): Net (DKK mn) 1,755,501.000 Jun 2023 quarterly Mar 2005 - Jun 2023
Danish Direct Investment (DKK bn) 8.900 Sep 2023 quarterly Mar 2005 - Sep 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.0 Jun 2023 quarterly Dec 2010 - Jun 2023
Household Debt: % of GDP (%) 86.8 2022 yearly 1994 - 2022
Money Supply M1 (USD mn) 186,387.350 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply M2 (USD mn) 203,577.099 Aug 2017 monthly Jan 1995 - Aug 2017
M2 Growth (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Foreign Exchange Reserves (USD mn) 76,268.1 Sep 2023 monthly Jan 2002 - Sep 2023
Foreign Exchange Reserves: % of GDP (%) 18.831 Jun 2023 quarterly Mar 2002 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 6.9 Sep 2023 monthly Jan 2002 - Sep 2023
Gold Reserves (USD mn) 4,002.157 Sep 2023 monthly Jan 1962 - Sep 2023
Total Deposits (USD mn) 277,353.308 Oct 2023 monthly Jan 2003 - Oct 2023
Total Deposits Growth (%) 1.1 Oct 2023 monthly Jan 2004 - Oct 2023
Domestic Credit (USD mn) 841,445.8 Aug 2023 monthly Dec 2001 - Aug 2023
Domestic Credit Growth (%) -4.0 Aug 2023 monthly Dec 2002 - Aug 2023
Debt Service Ratio: Households (%) 11.600 Mar 2023 quarterly Mar 1999 - Mar 2023
Debt Service Ratio: Private Non-Financial Sector (%) 21.900 Mar 2023 quarterly Mar 1999 - Mar 2023
Credit to Households (USD bn) 352.517 Mar 2023 quarterly Dec 1994 - Mar 2023
Credit to Private Non-Financial Sector (USD bn) 884.592 Mar 2023 quarterly Sep 1953 - Mar 2023
Household Debt (USD mn) 353,730.6 2022 yearly 1994 - 2022
Total Loans (USD mn) 110,735.687 Sep 2023 monthly Oct 2013 - Sep 2023
Total Loans Growth (%) 1.02 Sep 2023 monthly Oct 2014 - Sep 2023
Private Debt: % of Nominal GDP (%) 27.84 Jun 2023 quarterly Dec 2013 - Jun 2023
Money Supply: M3: M2 (DKK bn) 1,725.269 Sep 2023 monthly Jan 1991 - Sep 2023
Money Supply: M3: M2: M1 (DKK bn) 1,520.074 Sep 2023 monthly Jan 1991 - Sep 2023
Money Supply: M2: M1: sa (DKK bn) 1,165.480 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply: M3 (DKK bn) 1,907.402 Sep 2023 monthly Jan 1991 - Sep 2023
Money Supply: M2: sa (DKK bn) 1,272.968 Aug 2017 monthly Jan 1995 - Aug 2017
Official Reserve Assets: Foreign Currency Reserves (FC) (DKK bn) 418.700 Sep 2023 monthly Jan 2002 - Sep 2023
Official Reserve Assets (DKK bn) 620.100 Sep 2023 monthly Dec 1999 - Sep 2023
Official Reserve Assets: Gold (DKK bn) 17.800 Dec 2018 monthly Dec 1999 - Dec 2018
Payment Cards: Transactions: Value: Issued in Denmark (DKK mn) 201,481.000 Sep 2023 quarterly Mar 2016 - Sep 2023
Payment Cards: Transactions: Value: Issued Abroad (DKK mn) 14,742.000 Sep 2023 quarterly Mar 2016 - Sep 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.0 Nov 2023 monthly Jan 1999 - Nov 2023
Business Sentiment Indicator (1990-2018=100) 97.300 Oct 2023 monthly Jan 1990 - Oct 2023
Economic Sentiment Indicator (1990-2018=100) 91.500 Oct 2023 monthly Jan 1990 - Oct 2023
Tendency Survey: Confidence Indicator: Coming 3 Months: Manufacturing (Mfg) (%) -8.000 Oct 2023 monthly Jan 1998 - Oct 2023

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