Current account balance as a proportion of gdp in Denmark
Denmark: Current account balance as a proportion of gdp was 9.84 in 2023. ▲ Rising
Current account balance as a proportion of gdp in Denmark, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for current account balance as a proportion of gdp in Denmark is 9.84, measured in 2023.
The figure is down 15.0% on the previous year and up 27.1% over ten years.
Over the whole period, current account balance as a proportion of gdp in Denmark peaked at 11.57 in 2022 and was at its lowest, 1.38, in 2000.
That places Denmark 21st out of 191 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Current account balance as a proportion of gdp in Denmark, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.38 | — |
| 2001 | 2.94 | +113.0% |
| 2002 | 1.94 | -34.0% |
| 2003 | 3.19 | +64.4% |
| 2004 | 2.36 | -26.0% |
| 2005 | 4.15 | +75.8% |
| 2006 | 3.34 | -19.5% |
| 2007 | 1.51 | -54.8% |
| 2008 | 2.93 | +94.0% |
| 2009 | 3.51 | +19.8% |
| 2010 | 6.53 | +86.0% |
| 2011 | 6.59 | +0.9% |
| 2012 | 6.26 | -5.0% |
| 2013 | 7.74 | +23.6% |
| 2014 | 8.89 | +14.9% |
| 2015 | 7.95 | -10.6% |
| 2016 | 7.08 | -10.9% |
| 2017 | 7.36 | +4.0% |
| 2018 | 6.24 | -15.2% |
| 2019 | 7.43 | +19.1% |
| 2020 | 7.23 | -2.7% |
| 2021 | 8.66 | +19.8% |
| 2022 | 11.57 | +33.6% |
| 2023 | 9.84 | -15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.73 | 1.38 | 4.15 | 10 |
| 2010s | 7.21 | 6.24 | 8.89 | 10 |
| 2020s | 9.32 | 7.23 | 11.57 | 4 |
Countries ranked near Denmark
- 18 Iraq 11.31 compare
- 19 Guinea 10.31 compare
- 20 Netherlands 9.85 compare
- 22 Hong Kong, China 9.16 compare
- 23 Ireland 8.11 compare
- 24 Faroe Islands 7.75 compare
- 24 Nicaragua 7.75 compare
More economy & growth data for Denmark
- 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)
- GNI, Atlas method (current US$), annual growth rate 6.98 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 77,192 current US$ per person (2025)
- GNI (current US$), annual growth rate 8.41 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 79,039 current US$ per person (2025)
- GNI (current LCU), annual growth rate 4.13 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 6.8 current LCU per US$ of GDP (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 9.84 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Denmark?
- The highest recorded value was 11.57 in 2022.
- What is the lowest current account balance as a proportion of gdp recorded in Denmark?
- The lowest recorded value was 1.38 in 2000.
- How does Denmark rank for current account balance as a proportion of gdp?
- Denmark ranks 21st out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Denmark?
- Over the last ten years it is up 27.1%. The long-run trend across the full record is rising.
- Where does this Denmark data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
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