Current account balance as a proportion of GDP (%) in Denmark
Denmark: Current account balance as a proportion of GDP (%) was 12.3% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Denmark, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Denmark recorded 12.3% for current account balance as a proportion of gdp in 2024. That is the highest value across all 25 years on record.
The figure is up 10.6% on the previous year and up 47.3% over ten years.
Over the whole period, current account balance as a proportion of gdp in Denmark peaked at 12.3% in 2024 and was at its lowest, 1.4%, in 2000.
That places Denmark 16th out of 205 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Denmark, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.4% | — |
| 2001 | 2.9% | +113.3% |
| 2002 | 1.9% | -34.2% |
| 2003 | 3.2% | +64.7% |
| 2004 | 2.4% | -26.0% |
| 2005 | 4.2% | +76.1% |
| 2006 | 3.3% | -19.6% |
| 2007 | 1.5% | -54.7% |
| 2008 | 2.9% | +94.0% |
| 2009 | 3.7% | +25.1% |
| 2010 | 6.4% | +74.3% |
| 2011 | 6.3% | -0.9% |
| 2012 | 6.0% | -4.7% |
| 2013 | 7.4% | +22.2% |
| 2014 | 8.3% | +12.9% |
| 2015 | 8.0% | -3.6% |
| 2016 | 7.2% | -10.9% |
| 2017 | 7.4% | +3.9% |
| 2018 | 6.3% | -14.9% |
| 2019 | 7.5% | +18.8% |
| 2020 | 7.3% | -2.7% |
| 2021 | 8.6% | +17.7% |
| 2022 | 11.2% | +29.6% |
| 2023 | 11.1% | -0.5% |
| 2024 | 12.3% | +10.6% |
Denmark compared with similar countries
- Denmark's 12.3% is above the median for high income countries, which is 1.6%, 7.8× the median. (69 countries reporting)
- Denmark's 12.3% is above the median for Europe & Central Asia, which is -0.7%. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | 1.4% | 4.2% | 10 |
| 2010s | 7.1% | 6.0% | 8.3% | 10 |
| 2020s | 10.1% | 7.3% | 12.3% | 5 |
Countries ranked near Denmark
- 14 Guyana 13.9% compare
- 15 Turks and Caicos Islands 13.1% compare
- 17 Congo 11.6% compare
- 18 Netherlands (Kingdom of the) 9.1% compare
- 19 South Sudan 7.9% compare
More economy & growth data for Denmark
- Real gdp growth, annual growth rate -17.25 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9574 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,148 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0121 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0109 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 838.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.39 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Denmark?
- Current account balance as a proportion of gdp in Denmark was 12.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Denmark?
- The highest recorded value was 12.3% in 2024.
- What is the lowest current account balance as a proportion of gdp recorded in Denmark?
- The lowest recorded value was 1.4% in 2000.
- How does Denmark rank for current account balance as a proportion of gdp?
- Denmark ranks 16th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Denmark?
- Over the last ten years it is up 47.3%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).