Denmark Total Debt: % of GDP

1994 - 2023 | Yearly | % | CEIC Data

Key information about Denmark Total Debt: % of GDP

  • Denmark Total Debt accounted for 838.8 % of the country's GDP in 2023, compared with the ratio of 801.2 % in the previous year.
  • Denmark Total Debt: % of GDP data is updated yearly, available from Dec 1994 to Dec 2023.
  • The data reached an all-time high of 958.6 % in Dec 2020 and a record low of 551.0 % in Dec 1994.

CEIC calculates annual Total Debt as % of Nominal GDP from annual Total Debt and annual Nominal GDP. Total Debt is calculated as the sum of Special Drawing Rights (SDR), Currency & Deposit, Debt Securities, Loans, Insurance, Pension & Standard Guarantee Schemes and Other Accounts Payable. Statistics Denmark provides Total Debt in local currency and Nominal GDP in local currency. Total Debt prior 2017 is based on old methodology.

View Denmark's Total Debt: % of GDP from 1994 to 2023 in the chart:

Denmark Total Debt: % of GDP

What was Denmark's Total Debt: % of GDP in 2023?

Denmark Total Debt accounted for 838.8 % of the country's GDP in 2023, compared with the ratio of 801.2 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
838.8 2023 801.2 2022 551.0 1994 958.6 2020 % yearly 1994 - 2023

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 269.4 Jun 2025 quarterly Jun 1988 - Jun 2025
Austria (%) 527.5 Jun 2025 quarterly Mar 1999 - Jun 2025
Belgium (%) 698.3 Jun 2025 quarterly Dec 1998 - Jun 2025
Bulgaria (%) 348.2 2024 yearly 1995 - 2024
Canada (%) 927.4 Jun 2025 quarterly Mar 1990 - Jun 2025
Croatia (%) 413.0 Jun 2025 quarterly Dec 1995 - Jun 2025
Cyprus (%) 1,145.5 2024 yearly 1995 - 2024
Czech Republic (%) 387.0 Mar 2025 quarterly Mar 2008 - Mar 2025
Denmark (%) 838.8 2023 yearly 1994 - 2023
Estonia (%) 379.9 Jun 2025 quarterly Dec 2003 - Jun 2025
European Union (%) 689.7 2024 yearly 2001 - 2024
Finland (%) 608.4 2024 yearly 1995 - 2024
France (%) 948.1 Jun 2025 quarterly Mar 1996 - Jun 2025
Germany (%) 595.9 Jun 2025 quarterly Mar 1999 - Jun 2025
Greece (%) 524.2 Jun 2025 quarterly Dec 1997 - Jun 2025
Hungary (%) 395.4 Jun 2025 quarterly Dec 1995 - Jun 2025
Iceland (%) 678.3 2024 yearly 2003 - 2024
Ireland (%) 830.6 Jun 2025 quarterly Mar 2002 - Jun 2025
Italy (%) 555.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Japan (%) 1,227.8 Jun 2025 quarterly Jun 1998 - Jun 2025
South Korea (%) 716.6 Jun 2025 quarterly Dec 2008 - Jun 2025
Latvia (%) 344.0 Jun 2025 quarterly Mar 2004 - Jun 2025
Lithuania (%) 319.8 Jun 2025 quarterly Dec 1995 - Jun 2025
Luxembourg (%) 6,979.5 Jun 2025 quarterly Dec 1995 - Jun 2025
North Macedonia (%) 335.0 2023 yearly 2013 - 2023
Malta (%) 1,328.0 Jun 2025 quarterly Mar 2004 - Jun 2025
Mexico (%) 112.4 Jun 2025 quarterly Dec 2000 - Jun 2025
Netherlands (%) 949.7 Jun 2025 quarterly Mar 1999 - Jun 2025
New Zealand (%) 586.2 2023 yearly 2006 - 2023
Norway (%) 580.8 Jun 2025 quarterly Dec 1995 - Jun 2025
Poland (%) 299.3 Jun 2025 quarterly Mar 2004 - Jun 2025
Portugal (%) 458.9 Jun 2025 quarterly Dec 1995 - Jun 2025
Romania (%) 243.3 Jun 2025 quarterly Dec 1995 - Jun 2025
Slovakia (%) 377.8 Jun 2025 quarterly Dec 2012 - Jun 2025
Slovenia (%) 329.2 Jun 2025 quarterly Mar 2004 - Jun 2025
Spain (%) 561.2 Jun 2025 quarterly Dec 1995 - Jun 2025
Sweden (%) 750.5 Jun 2025 quarterly Mar 1996 - Jun 2025
Switzerland (%) 897.5 2024 yearly 1999 - 2024
Taiwan (%) 889.0 2023 yearly 2000 - 2023
Turkey (%) 243.6 Jun 2025 quarterly Dec 2014 - Jun 2025
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 827.7 Jun 2025 quarterly Mar 1987 - Jun 2025
United States (%) 718.9 Jun 2025 quarterly Dec 1951 - Jun 2025

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Denmark Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 3.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Consolidated Fiscal Balance (USD mn) 4,386.136 Jun 2025 quarterly Mar 1999 - Jun 2025
Tax Revenue (USD mn) 51,741.867 Jun 2025 quarterly Mar 1999 - Jun 2025
Tax Revenue: % of GDP (%) 44.9 Jun 2025 quarterly Mar 1999 - Jun 2025
National Government Debt (USD mn) 140,044.5 Jun 2025 quarterly Mar 2000 - Jun 2025
Government Debt: % of GDP (%) 29.6 Jun 2025 quarterly Mar 2000 - Jun 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: Domestic (DKK bn) 588.108 Oct 2025 monthly Dec 1990 - Oct 2025
Central Government Debt: Gross: Foreign (DKK bn) 32.144 Oct 2025 monthly Dec 1990 - Oct 2025
Central Government Debt: Gross (DKK bn) 620.252 Oct 2025 monthly Dec 1990 - Oct 2025
General Government Expenditure: Capital (DKK mn) 29,967.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Expenditure (DKK mn) 336,001.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Revenue (DKK mn) 356,936.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government: Overall Surplus (DKK mn) 20,936.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Revenue: Current (DKK mn) 290,258.000 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 Expenditure: Current (DKK mn) 268,269.000 Dec 2018 quarterly Mar 1999 - Dec 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.400 2030 yearly 1980 - 2030
Trade Balance (USD mn) 4,740.9 Sep 2025 monthly Jan 1997 - Sep 2025
Total Exports (USD mn) 17,236.6 Sep 2025 monthly Jan 1997 - Sep 2025
Total Exports Growth (%) 13.0 Sep 2025 monthly Jan 1998 - Sep 2025
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) 12,495.7 Sep 2025 monthly Jan 1997 - Sep 2025
Total Imports Growth (%) 3.9 Sep 2025 monthly Jan 1998 - Sep 2025
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) 953.974 Sep 2025 monthly Oct 1975 - Sep 2025
Total Imports from USA (USD mn) 389.996 Sep 2025 monthly Oct 1975 - Sep 2025
Total Exports to China (USD mn) 651.680 Sep 2025 monthly Oct 1975 - Sep 2025
Total Imports from China (USD mn) 954.147 Sep 2025 monthly Oct 1975 - Sep 2025
Natural Gas Exports: Sweden (TJ) 1,837.036 Dec 2024 monthly Jan 2002 - Dec 2024
Natural Gas Exports: Netherlands (TJ) 5,977.642 Dec 2024 monthly Jan 2002 - Dec 2024
Natural Gas Exports: Germany (TJ) 331.595 Dec 2024 monthly Jan 2002 - Dec 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 5,005.2 Sep 2025 monthly Jan 1999 - Sep 2025
Current Account Balance (USD mn) 6,659.1 Sep 2025 monthly Jan 2005 - Sep 2025
Current Account Balance: % of GDP (%) 15.2 Sep 2025 quarterly Mar 1990 - Sep 2025
Foreign Direct Investment (USD mn) 5,640.0 Sep 2025 monthly Jan 1999 - Sep 2025
Foreign Direct Investment: % of GDP (%) 6.9 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Portfolio Investment (USD mn) 2,119.772 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 1.8 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -1,429.6 Jun 2025 quarterly Mar 1975 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -5,849.395 Jun 2025 quarterly Mar 1975 - Jun 2025
External Debt (USD mn) 675,848.4 Jun 2025 quarterly Dec 2005 - Jun 2025
External Debt: % of GDP (%) 142.2 2024 yearly 2005 - 2024
External Debt: Short Term (USD mn) 300,219.3 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 66.5 2024 yearly 2005 - 2024
Total Debt: % of GDP (%) 838.8 2023 yearly 1994 - 2023
Forecast: Current Account Balance (USD bn) 63.225 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 409,941.628 Jun 2025 quarterly Mar 2005 - Jun 2025
BoP: Current Account: Goods and Services: Services (DKK mn) 1,781.600 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Goods and Services: Goods f.o.b (DKK mn) 23,127.700 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Goods and Services (DKK mn) 24,909.200 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Net Errors and Omissions (DKK mn) 25,422.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Primary Income (DKK mn) 9,980.000 Jan 2025 monthly Jan 2005 - Jan 2025
Balance of Payments (BoP): Current Account (DKK mn) 30,001.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Secondary Income (DKK mn) -4,888.300 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Direct Investments (DKK mn) 19,620.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Portfolio Investments (DKK mn) -31,657.000 Jan 2025 monthly Jan 2005 - Jan 2025
Balance of Payment (BoP): Financial Account (FA): Net Assets (DKK mn) 55,648.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Financial Derivatives (DKK mn) 7,696.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities: Other Investments (DKK mn) -32,890.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities: Portfolio Investments (DKK mn) -12,821.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Other Investments (DKK mn) 40,272.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Reserve Assets (DKK mn) 8.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities: Direct Investments (DKK mn) -6,888.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Portfolio Investments (DKK mn) -18,836.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Reserve Assets (DKK mn) 8.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities (DKK mn) -107,928.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Direct Investments (DKK mn) 26,508.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets (DKK mn) -52,280.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Financial Derivatives (DKK mn) -47,633.000 Jan 2025 monthly Jan 2005 - Jan 2025
International Investment Position (IIP): Assets (DKK mn) 11,023,977.000 Sep 2024 quarterly Mar 2005 - Sep 2024
International Investment Position (IIP): Net (DKK mn) 1,625,911.000 Sep 2024 quarterly Mar 2005 - Sep 2024
International Investment Position (IIP): Liabilities (DKK mn) 9,398,066.000 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross External Debt (DKK bn) 3,945.000 Sep 2024 quarterly Dec 2005 - Sep 2024
Gross External Debt: Long Term (DKK bn) 2,204.000 Sep 2024 quarterly Dec 2005 - Sep 2024
Gross External Debt: Short Term (DKK bn) 1,741.000 Sep 2024 quarterly Mar 2005 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Household Debt: % of GDP (%) 92.7 2023 yearly 1994 - 2023
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) 91,259.0 Oct 2025 monthly Jan 2002 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 19.968 Sep 2025 quarterly Mar 2002 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 7.4 Sep 2025 monthly Jan 2002 - Sep 2025
Gold Reserves (USD mn) 8,563.258 Oct 2025 monthly Jan 1962 - Oct 2025
Total Deposits (USD mn) 332,043.468 Sep 2025 monthly Jan 2003 - Sep 2025
Total Deposits Growth (%) 4.3 Sep 2025 monthly Jan 2004 - Sep 2025
Domestic Credit (USD mn) 713,492.7 Feb 2025 monthly Dec 2001 - Feb 2025
Domestic Credit Growth (%) -8.9 Feb 2025 monthly Dec 2002 - Feb 2025
Debt Service Ratio: Households (%) 12.100 Mar 2025 quarterly Mar 1999 - Mar 2025
Debt Service Ratio: Private Non-Financial Sector (%) 24.100 Mar 2025 quarterly Mar 1999 - Mar 2025
Credit to Households (USD bn) 364.973 Mar 2025 quarterly Dec 1994 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 932.998 Mar 2025 quarterly Sep 1953 - Mar 2025
Household Debt (USD mn) 383,590.8 2023 yearly 1994 - 2023
Total Loans (USD mn) 134,236.092 Oct 2025 monthly Oct 2013 - Oct 2025
Total Loans Growth (%) 6.95 Oct 2025 monthly Oct 2014 - Oct 2025
Private Debt: % of Nominal GDP (%) 28.26 Sep 2025 quarterly Dec 2013 - Sep 2025
Money Supply: M3: M2: M1 (DKK bn) 1,631.711 Oct 2025 monthly Jan 1991 - Oct 2025
Money Supply: M3: M2 (DKK bn) 1,850.151 Oct 2025 monthly Jan 1991 - Oct 2025
Money Supply: M3 (DKK bn) 2,021.417 Oct 2025 monthly Jan 1991 - Oct 2025
Official Reserve Assets: Foreign Currency Reserves (FC) (DKK bn) 355.400 Oct 2025 monthly Jan 2002 - Oct 2025
Official Reserve Assets (DKK bn) 720.200 Oct 2025 monthly Dec 1999 - Oct 2025
Money Supply: M2: sa (DKK bn) 1,272.968 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply: M2: M1: sa (DKK bn) 1,165.480 Aug 2017 monthly Jan 1995 - Aug 2017
Official Reserve Assets: Gold (DKK bn) 17.800 Dec 2018 monthly Dec 1999 - Dec 2018
Payment Cards: Transactions: Value: Issued Abroad (DKK mn) 14,419.000 Sep 2024 quarterly Mar 2016 - Sep 2024
Payment Cards: Transactions: Value: Issued in Denmark (DKK mn) 211,930.000 Sep 2024 quarterly Mar 2016 - Sep 2024
Banks Loans: Outstanding: Households (DKK mn) 474,912.600 Oct 2025 monthly Oct 2013 - Oct 2025
Banks Loans: Outstanding: Financial Corporations (DKK mn) 552,339.300 Oct 2025 monthly Oct 2013 - Oct 2025
Banks Loans: Outstanding: Total (DKK mn) 1,434,107.300 Oct 2025 monthly Oct 2013 - Oct 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -20.3 Nov 2025 monthly Jan 1986 - Nov 2025
Business Sentiment Indicator: Construction (1998-2024=100) 102.000 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Industry (1998-2024=100) 107.300 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Retail Trade (1998-2024=100) 102.400 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Service Sector (1998-2024=100) 107.100 Feb 2025 monthly Apr 2000 - Feb 2025

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