Gross public sector debt, Central Government, as a proportion of GDP in Denmark

Denmark: Gross public sector debt, Central Government, as a proportion of GDP was 21.9% in 2024. ▼ Falling

Latest (2024)
21.9%
Change on year
down 8.3%
World rank
49th
of 53 countries
All-time high
38.3%
in 2012
All-time low
21.9%
in 2024
Years of data
13
2012–2024

Gross public sector debt, Central Government, as a proportion of GDP in Denmark, 2012–2024

0102030402012201820242012: 38.3 %2013: 37 %2014: 37.4 %2015: 32.2 %2016: 29.5 %2017: 28.4 %2018: 26.6 %2019: 26.4 %2020: 35.1 %2021: 29.4 %2022: 23.7 %2023: 23.9 %2024: 21.9 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Denmark recorded 21.9% for gross public sector debt, central government, as a proportion of gdp in 2024. That is the lowest value across all 13 years on record.

The figure is down 8.3% on the previous year and down 41.5% over ten years.

Over the whole period, gross public sector debt, central government, as a proportion of gdp in Denmark peaked at 38.3% in 2012 and was at its lowest, 21.9%, in 2024.

Denmark ranks 49th of 53 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 13 years of available data.

Gross public sector debt, Central Government, as a proportion of GDP in Denmark, year by year

Annual values for Gross public sector debt, Central Government, as a proportion of GDP (%) in Denmark, 2012 to 2024.
Year % Change
2012 38.3%
2013 37.0% -3.4%
2014 37.4% +1.2%
2015 32.2% -14.1%
2016 29.5% -8.4%
2017 28.4% -3.6%
2018 26.6% -6.4%
2019 26.4% -0.6%
2020 35.1% +32.7%
2021 29.4% -16.1%
2022 23.7% -19.6%
2023 23.9% +0.9%
2024 21.9% -8.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 32.0% 26.4% 38.3% 8
2020s 26.8% 21.9% 35.1% 5

Countries ranked near Denmark

  1. 46 Luxembourg 24.4% compare
  2. 47 Bulgaria 23.3% compare
  3. 48 Estonia 22.9% compare
  4. 50 Sweden 20.2% compare
  5. 51 Russian Federation 16.7% compare
  6. 51 Russian Federation 16.7% compare

See the full ranking of 54 places →

More economy & growth data for Denmark

All data for Denmark →

Frequently asked questions

What is gross public sector debt, central government, as a proportion of gdp in Denmark?
Gross public sector debt, central government, as a proportion of gdp in Denmark was 21.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest gross public sector debt, central government, as a proportion of gdp recorded in Denmark?
The highest recorded value was 38.3% in 2012.
What is the lowest gross public sector debt, central government, as a proportion of gdp recorded in Denmark?
The lowest recorded value was 21.9% in 2024.
How does Denmark rank for gross public sector debt, central government, as a proportion of gdp?
Denmark ranks 49th out of 53 countries with data for 2024.
Is gross public sector debt, central government, as a proportion of gdp rising or falling in Denmark?
Over the last ten years it is down 41.5%. The long-run trend across the full record is falling.
Where does this Denmark data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Gross public sector debt, Central Government, as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Gross public sector debt, Central Government, as a proportion of GDP in Denmark. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 10 September 2026, from https://economy.statizoid.com/stat/gross-public-sector-debt-central-government-as-a-proportion-of-gdp-percent/denmark/

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About this data

Indicator
Gross public sector debt, Central Government, as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
54 places, 1,115 data points, 2000–2024
Last refreshed