Denmark vs Latin America & the Caribbean (IDA & IBRD countries): External balance on goods and services
External balance on goods and services over time
- Denmark
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Denmark currently reports 11.0% against -0.2% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 11.2%.
That makes Denmark's figure about 46.0 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 7 times across 60 shared years of data; in 1966 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.
Denmark ranks 23rd and Latin America & the Caribbean (IDA & IBRD countries) ranks 24th of 193 countries.
Across the 7 decades both report, Denmark averaged higher in 5 and Latin America & the Caribbean (IDA & IBRD countries) in 2.
Head to head by decade
| Decade | Denmark | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -1.8% | -0.2% | 1.6% | Latin America & the Caribbean (IDA & IBRD countries) |
| 1970s | -2.4% | -1.4% | 1.0% | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 1.6% | 1.5% | 0.1% | Denmark |
| 1990s | 5.6% | -1.1% | 6.7% | Denmark |
| 2000s | 5.3% | 0.5% | 4.9% | Denmark |
| 2010s | 6.2% | -0.9% | 7.0% | Denmark |
| 2020s | 8.6% | -0.6% | 9.2% | 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 & the Caribbean (IDA & IBRD countries)?
- Denmark, at 11.0% against -0.2% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in external balance on goods and services between Denmark and Latin America & the Caribbean (IDA & IBRD countries)?
- 11.2%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Latin America & the Caribbean (IDA & IBRD countries)?
- 60 years are reported by both, from 1966 to 2025.
- How do Denmark and Latin America & the Caribbean (IDA & IBRD countries) rank globally for external balance on goods and services?
- Denmark ranks 23rd and Latin America & the Caribbean (IDA & IBRD countries) ranks 24th 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.