Gross savings in Denmark
Denmark: Gross savings was 1.04 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
1.04 trillion current LCU
Change on year
up 7.3%
World rank
62nd
of 178 countries
All-time high
1.04 trillion current LCU
in 2024
All-time low
49.41 billion current LCU
in 1975
Years of data
50
1975–2024
Gross savings in Denmark, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Denmark stood at 1.04 trillion current LCU. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 7.3% on the previous year and up 83.4% over ten years.
Over the whole period, gross savings in Denmark peaked at 1.04 trillion current LCU in 2024 and was at its lowest, 49.41 billion current LCU, in 1975.
Denmark ranks 62nd of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Denmark, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | 49.41 billion current LCU | — |
| 1976 | 56.88 billion current LCU | +15.1% |
| 1977 | 65.15 billion current LCU | +14.5% |
| 1978 | 73.72 billion current LCU | +13.2% |
| 1979 | 75.80 billion current LCU | +2.8% |
| 1980 | 73.76 billion current LCU | -2.7% |
| 1981 | 69.61 billion current LCU | -5.6% |
| 1982 | 78.97 billion current LCU | +13.4% |
| 1983 | 96.11 billion current LCU | +21.7% |
| 1984 | 115.75 billion current LCU | +20.4% |
| 1985 | 126.37 billion current LCU | +9.2% |
| 1986 | 144.78 billion current LCU | +14.6% |
| 1987 | 158.29 billion current LCU | +9.3% |
| 1988 | 164.37 billion current LCU | +3.8% |
| 1989 | 176.24 billion current LCU | +7.2% |
| 1990 | 193.17 billion current LCU | +9.6% |
| 1991 | 192.16 billion current LCU | -0.5% |
| 1992 | 203.25 billion current LCU | +5.8% |
| 1993 | 203.85 billion current LCU | +0.3% |
| 1994 | 214.96 billion current LCU | +5.5% |
| 1995 | 236.11 billion current LCU | +9.8% |
| 1996 | 248.87 billion current LCU | +5.4% |
| 1997 | 272.28 billion current LCU | +9.4% |
| 1998 | 277.52 billion current LCU | +1.9% |
| 1999 | 300.89 billion current LCU | +8.4% |
| 2000 | 330.09 billion current LCU | +9.7% |
| 2001 | 354.76 billion current LCU | +7.5% |
| 2002 | 355.25 billion current LCU | +0.1% |
| 2003 | 362.00 billion current LCU | +1.9% |
| 2004 | 388.79 billion current LCU | +7.4% |
| 2005 | 416.97 billion current LCU | +7.2% |
| 2006 | 462.72 billion current LCU | +11.0% |
| 2007 | 462.65 billion current LCU | -0.0% |
| 2008 | 486.65 billion current LCU | +5.2% |
| 2009 | 391.36 billion current LCU | -19.6% |
| 2010 | 439.11 billion current LCU | +12.2% |
| 2011 | 468.34 billion current LCU | +6.7% |
| 2012 | 478.63 billion current LCU | +2.2% |
| 2013 | 517.24 billion current LCU | +8.1% |
| 2014 | 565.11 billion current LCU | +9.3% |
| 2015 | 578.59 billion current LCU | +2.4% |
| 2016 | 604.53 billion current LCU | +4.5% |
| 2017 | 641.10 billion current LCU | +6.0% |
| 2018 | 646.98 billion current LCU | +0.9% |
| 2019 | 675.67 billion current LCU | +4.4% |
| 2020 | 697.70 billion current LCU | +3.3% |
| 2021 | 829.92 billion current LCU | +19.0% |
| 2022 | 1.02 trillion current LCU | +22.6% |
| 2023 | 965.97 billion current LCU | -5.1% |
| 2024 | 1.04 trillion current LCU | +7.3% |
Denmark compared with similar countries
- Denmark's 1.04 trillion current LCU is above the median for high income countries, which is 181.85 billion current LCU, 5.7× the median. (63 countries reporting)
- Denmark's 1.04 trillion current LCU is above the median for Europe & Central Asia, which is 192.64 billion current LCU, 5.4× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 64.19 billion current LCU | 49.41 billion current LCU | 75.80 billion current LCU | 5 |
| 1980s | 120.43 billion current LCU | 69.61 billion current LCU | 176.24 billion current LCU | 10 |
| 1990s | 234.31 billion current LCU | 192.16 billion current LCU | 300.89 billion current LCU | 10 |
| 2000s | 401.12 billion current LCU | 330.09 billion current LCU | 486.65 billion current LCU | 10 |
| 2010s | 561.53 billion current LCU | 439.11 billion current LCU | 675.67 billion current LCU | 10 |
| 2020s | 909.45 billion current LCU | 697.70 billion current LCU | 1.04 trillion current LCU | 5 |
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)
- 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 gross savings in Denmark?
- Gross savings in Denmark was 1.04 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Denmark?
- The highest recorded value was 1.04 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Denmark?
- The lowest recorded value was 49.41 billion current LCU in 1975.
- How does Denmark rank for gross savings?
- Denmark ranks 62nd out of 178 countries with data for 2024.
- Is gross savings rising or falling in Denmark?
- Over the last ten years it is up 83.4%. 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 Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.