Denmark vs Sweden: Current account balance
Current account balance over time
- Denmark
- Sweden
How they compare
Denmark currently reports 51.77 billion BoP, current US$ against 40.51 billion BoP, current US$ in Sweden, a difference of 11.26 billion BoP, current US$.
That makes Denmark's figure about 1.3 times Sweden's.
The two have swapped places 9 times across 50 shared years of data; in 1975 it was Sweden ahead.
Denmark ranks 12th and Sweden ranks 14th of 198 countries.
Across the 6 decades both report, Denmark averaged higher in 3 and Sweden in 3.
Head to head by decade
| Decade | Denmark | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.74 billion BoP, current US$ | -1.31 billion BoP, current US$ | 422.82 million BoP, current US$ | Sweden |
| 1980s | -2.23 billion BoP, current US$ | -1.50 billion BoP, current US$ | 732.19 million BoP, current US$ | Sweden |
| 1990s | 2.25 billion BoP, current US$ | 1.53 billion BoP, current US$ | 715.19 million BoP, current US$ | Denmark |
| 2000s | 7.10 billion BoP, current US$ | 24.63 billion BoP, current US$ | 17.52 billion BoP, current US$ | Sweden |
| 2010s | 23.67 billion BoP, current US$ | 21.33 billion BoP, current US$ | 2.34 billion BoP, current US$ | Denmark |
| 2020s | 40.38 billion BoP, current US$ | 34.18 billion BoP, current US$ | 6.21 billion BoP, current US$ | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Denmark or Sweden?
- Denmark, at 51.77 billion BoP, current US$ against 40.51 billion BoP, current US$ in Sweden as of 2024.
- What is the difference in current account balance between Denmark and Sweden?
- 11.26 billion BoP, current US$, with Denmark ahead.
- How many years of comparable data are there for Denmark and Sweden?
- 50 years are reported by both, from 1975 to 2024.
- How do Denmark and Sweden rank globally for current account balance?
- Denmark ranks 12th and Sweden ranks 14th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.