External balance on goods and services in Denmark
Denmark: External balance on goods and services was 11.0% in 2025. ◆ Volatile
External balance on goods and services in Denmark, 1966–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, external balance on goods and services in Denmark stood at 11.0%. That is the highest value across all 60 years on record.
That represents a change of up 7.5% on the previous year and up 69.5% over ten years.
Over the whole period, external balance on goods and services in Denmark peaked at 11.0% in 2025 and was at its lowest, -4.5%, in 1976.
Denmark ranks 23rd of 193 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Denmark, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1966 | -1.6% | — |
| 1967 | -2.1% | +31.7% |
| 1968 | -1.4% | -33.2% |
| 1969 | -2.1% | +49.9% |
| 1970 | -2.8% | +36.5% |
| 1971 | -2.0% | -28.5% |
| 1972 | -0.4% | -79.8% |
| 1973 | -1.9% | +363.8% |
| 1974 | -3.4% | +76.9% |
| 1975 | -1.0% | -71.3% |
| 1976 | -4.5% | +372.3% |
| 1977 | -3.6% | -21.3% |
| 1978 | -2.2% | -37.9% |
| 1979 | -2.4% | +7.3% |
| 1980 | -0.5% | -81.0% |
| 1981 | 1.4% | -413.2% |
| 1982 | 0.9% | -35.5% |
| 1983 | 2.2% | +143.1% |
| 1984 | 1.7% | -24.2% |
| 1985 | 0.8% | -53.8% |
| 1986 | -0.2% | -125.7% |
| 1987 | 2.1% | -1130.7% |
| 1988 | 3.5% | +68.8% |
| 1989 | 3.8% | +9.3% |
| 1990 | 5.6% | +46.3% |
| 1991 | 6.2% | +11.9% |
| 1992 | 6.9% | +11.0% |
| 1993 | 7.5% | +9.1% |
| 1994 | 5.9% | -21.3% |
| 1995 | 4.7% | -20.5% |
| 1996 | 5.7% | +20.3% |
| 1997 | 4.4% | -23.0% |
| 1998 | 3.1% | -29.5% |
| 1999 | 6.0% | +95.1% |
| 2000 | 6.7% | +11.9% |
| 2001 | 7.1% | +6.3% |
| 2002 | 6.8% | -4.1% |
| 2003 | 6.8% | -0.9% |
| 2004 | 5.6% | -16.9% |
| 2005 | 5.4% | -5.0% |
| 2006 | 3.9% | -26.4% |
| 2007 | 2.7% | -30.3% |
| 2008 | 3.5% | +26.4% |
| 2009 | 4.6% | +32.6% |
| 2010 | 6.8% | +47.6% |
| 2011 | 6.2% | -9.4% |
| 2012 | 5.8% | -5.8% |
| 2013 | 6.2% | +7.4% |
| 2014 | 6.5% | +3.6% |
| 2015 | 6.5% | +0.7% |
| 2016 | 6.0% | -7.1% |
| 2017 | 6.5% | +7.3% |
| 2018 | 5.2% | -20.4% |
| 2019 | 6.0% | +16.6% |
| 2020 | 5.6% | -6.1% |
| 2021 | 6.1% | +8.0% |
| 2022 | 9.5% | +56.2% |
| 2023 | 9.0% | -5.4% |
| 2024 | 10.2% | +13.7% |
| 2025 | 11.0% | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1.8% | -2.1% | -1.4% | 4 |
| 1970s | -2.4% | -4.5% | -0.4% | 10 |
| 1980s | 1.6% | -0.5% | 3.8% | 10 |
| 1990s | 5.6% | 3.1% | 7.5% | 10 |
| 2000s | 5.3% | 2.7% | 7.1% | 10 |
| 2010s | 6.2% | 5.2% | 6.8% | 10 |
| 2020s | 8.6% | 5.6% | 11.0% | 6 |
Countries ranked near Denmark
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)
- Gross capital formation (current US$), annual growth rate 3.86 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2212 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 17,028 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -0.2454 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 1.46 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 112,754 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -3.41 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1724 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Denmark?
- External balance on goods and services in Denmark was 11.0% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Denmark?
- The highest recorded value was 11.0% in 2025.
- What is the lowest external balance on goods and services recorded in Denmark?
- The lowest recorded value was -4.5% in 1976.
- How does Denmark rank for external balance on goods and services?
- Denmark ranks 23rd out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Denmark?
- Over the last ten years it is up 69.5%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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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.