Current account balance (BoP, current US$), annual growth rate in Denmark
Denmark: Current account balance (BoP, current US$), annual growth rate was 16.21 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Denmark, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Denmark recorded 16.21 % change on previous year for current account balance (bop, current us$), annual growth rate in 2024.
That represents a change of up 10,006.5% on the previous year and up 3.9% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Denmark peaked at 251.75 % change on previous year in 1999 and was at its lowest, -317.97 % change on previous year, in 1998.
That places Denmark 77th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Denmark, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | -290.57 % change on previous year | — |
| 1977 | 10.01 % change on previous year | -103.4% |
| 1978 | 12.78 % change on previous year | +27.7% |
| 1979 | -103.45 % change on previous year | -909.2% |
| 1980 | 21.83 % change on previous year | -121.1% |
| 1981 | 21.51 % change on previous year | -1.5% |
| 1982 | -20.47 % change on previous year | -195.2% |
| 1983 | 38.83 % change on previous year | -289.7% |
| 1984 | -24.34 % change on previous year | -162.7% |
| 1985 | -61.05 % change on previous year | +150.9% |
| 1986 | -62.27 % change on previous year | +2.0% |
| 1987 | 33.15 % change on previous year | -153.2% |
| 1988 | 55.36 % change on previous year | +67.0% |
| 1989 | 16.59 % change on previous year | -70.0% |
| 1990 | 222.72 % change on previous year | +1242.9% |
| 1991 | 44.6 % change on previous year | -80.0% |
| 1992 | 111.71 % change on previous year | +150.5% |
| 1993 | 15.07 % change on previous year | -86.5% |
| 1994 | -33.99 % change on previous year | -325.5% |
| 1995 | -41.85 % change on previous year | +23.1% |
| 1996 | 66.58 % change on previous year | -259.1% |
| 1997 | -70.18 % change on previous year | -205.4% |
| 1998 | -317.97 % change on previous year | +353.1% |
| 1999 | 251.75 % change on previous year | -179.2% |
| 2000 | -25.77 % change on previous year | -110.2% |
| 2001 | 114.34 % change on previous year | -543.7% |
| 2002 | -28.62 % change on previous year | -125.0% |
| 2003 | 101.22 % change on previous year | -453.6% |
| 2004 | -14.68 % change on previous year | -114.5% |
| 2005 | 85.28 % change on previous year | -680.9% |
| 2006 | -14.04 % change on previous year | -116.5% |
| 2007 | -48.83 % change on previous year | +247.7% |
| 2008 | 115.08 % change on previous year | -335.7% |
| 2009 | 13.71 % change on previous year | -88.1% |
| 2010 | 74.14 % change on previous year | +440.6% |
| 2011 | 5.85 % change on previous year | -92.1% |
| 2012 | -9.55 % change on previous year | -263.4% |
| 2013 | 28.92 % change on previous year | -402.7% |
| 2014 | 15.59 % change on previous year | -46.1% |
| 2015 | -17.6 % change on previous year | -212.9% |
| 2016 | -7.87 % change on previous year | -55.3% |
| 2017 | 10.36 % change on previous year | -231.6% |
| 2018 | -8.87 % change on previous year | -185.6% |
| 2019 | 15.52 % change on previous year | -274.9% |
| 2020 | 0.2224 % change on previous year | -98.6% |
| 2021 | 34.42 % change on previous year | +15377.9% |
| 2022 | 27.67 % change on previous year | -19.6% |
| 2023 | -0.1636 % change on previous year | -100.6% |
| 2024 | 16.21 % change on previous year | -10006.5% |
Denmark compared with similar countries
- Denmark's 16.21 % change on previous year is above the median for high income countries, which is 1.97 % change on previous year, 8.2× the median. (71 countries reporting)
- Denmark's 16.21 % change on previous year is above the median for Europe & Central Asia, which is -2.34 % change on previous year. (51 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Denmark changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +15377.9% | 0.2224 % change on previous year | 34.42 % change on previous year |
| 2024 | +10006.5% | -0.1636 % change on previous year | 16.21 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -92.81 % change on previous year | -290.57 % change on previous year | 12.78 % change on previous year | 4 |
| 1980s | 1.91 % change on previous year | -62.27 % change on previous year | 55.36 % change on previous year | 10 |
| 1990s | 24.84 % change on previous year | -317.97 % change on previous year | 251.75 % change on previous year | 10 |
| 2000s | 29.77 % change on previous year | -48.83 % change on previous year | 115.08 % change on previous year | 10 |
| 2010s | 10.65 % change on previous year | -17.6 % change on previous year | 74.14 % change on previous year | 10 |
| 2020s | 15.67 % change on previous year | -0.1636 % change on previous year | 34.42 % change on previous year | 5 |
Countries ranked near Denmark
- 74 Vietnam 16.99 % change on previous year compare
- 75 Gambia 16.88 % change on previous year compare
- 76 Bermuda 16.35 % change on previous year compare
- 78 Cyprus 15.51 % change on previous year compare
- 79 Malaysia 14.27 % change on previous year compare
- 80 Slovakia 13.83 % change on previous year compare
More economy & growth data for Denmark
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9574 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30.70 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0723 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5,136 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.24 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 121.54 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3,052 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.85 % change on previous year (2025)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Denmark?
- Current account balance (bop, current us$), annual growth rate in Denmark was 16.21 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Denmark?
- The highest recorded value was 251.75 % change on previous year in 1999.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Denmark?
- The lowest recorded value was -317.97 % change on previous year in 1998.
- How does Denmark rank for current account balance (bop, current us$), annual growth rate?
- Denmark ranks 77th out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Denmark?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.