Denmark vs Latin America & Caribbean: External balance on goods and services
External balance on goods and services over time
- Denmark
- Latin America & Caribbean
How they compare
Denmark currently reports 11.0% against -0.3% in Latin America & Caribbean, a difference of 11.3%.
That makes Denmark's figure about 38.7 times Latin America & Caribbean's.
The two have swapped places 11 times across 60 shared years of data; in 1966 it was Latin America & Caribbean ahead.
Denmark ranks 23rd and Latin America & Caribbean ranks 25th of 193 countries.
Across the 7 decades both report, Denmark averaged higher in 5 and Latin America & Caribbean in 2.
Head to head by decade
| Decade | Denmark | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -1.8% | -1.0% | 0.8% | Latin America & Caribbean |
| 1970s | -2.4% | -2.2% | 0.2% | Latin America & Caribbean |
| 1980s | 1.6% | 1.1% | 0.5% | Denmark |
| 1990s | 5.6% | -0.9% | 6.5% | Denmark |
| 2000s | 5.3% | 1.0% | 4.3% | Denmark |
| 2010s | 6.2% | -0.5% | 6.7% | Denmark |
| 2020s | 8.6% | -0.5% | 9.1% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Denmark or Latin America & Caribbean?
- Denmark, at 11.0% against -0.3% in Latin America & Caribbean as of 2025.
- What is the difference in external balance on goods and services between Denmark and Latin America & Caribbean?
- 11.3%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Latin America & Caribbean?
- 60 years are reported by both, from 1966 to 2025.
- How do Denmark and Latin America & Caribbean rank globally for external balance on goods and services?
- Denmark ranks 23rd and Latin America & Caribbean ranks 25th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.