Gross savings in Denmark
Denmark: Gross savings was 150.28 billion current US$ in 2024. ◆ Volatile
Latest (2024)
150.28 billion current US$
Change on year
up 7.2%
World rank
30th
of 178 countries
All-time high
150.28 billion current US$
in 2024
All-time low
8.60 billion current US$
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 US$.
Analysis
Denmark recorded 150.28 billion current US$ for gross savings in 2024. That is the highest value across all 50 years on record.
That represents a change of up 7.2% on the previous year and up 49.3% over ten years.
Over the whole period, gross savings in Denmark peaked at 150.28 billion current US$ in 2024 and was at its lowest, 8.60 billion current US$, in 1975.
Denmark ranks 30th of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Denmark, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 8.60 billion current US$ | — |
| 1976 | 9.41 billion current US$ | +9.4% |
| 1977 | 10.85 billion current US$ | +15.3% |
| 1978 | 13.37 billion current US$ | +23.2% |
| 1979 | 14.41 billion current US$ | +7.8% |
| 1980 | 13.09 billion current US$ | -9.2% |
| 1981 | 9.77 billion current US$ | -25.3% |
| 1982 | 9.48 billion current US$ | -3.0% |
| 1983 | 10.51 billion current US$ | +10.9% |
| 1984 | 11.18 billion current US$ | +6.3% |
| 1985 | 11.93 billion current US$ | +6.7% |
| 1986 | 17.89 billion current US$ | +50.0% |
| 1987 | 23.14 billion current US$ | +29.3% |
| 1988 | 24.42 billion current US$ | +5.5% |
| 1989 | 24.11 billion current US$ | -1.3% |
| 1990 | 31.21 billion current US$ | +29.5% |
| 1991 | 30.04 billion current US$ | -3.8% |
| 1992 | 33.67 billion current US$ | +12.1% |
| 1993 | 31.44 billion current US$ | -6.6% |
| 1994 | 33.80 billion current US$ | +7.5% |
| 1995 | 42.14 billion current US$ | +24.7% |
| 1996 | 42.92 billion current US$ | +1.8% |
| 1997 | 41.23 billion current US$ | -3.9% |
| 1998 | 41.42 billion current US$ | +0.5% |
| 1999 | 43.13 billion current US$ | +4.1% |
| 2000 | 40.84 billion current US$ | -5.3% |
| 2001 | 42.62 billion current US$ | +4.4% |
| 2002 | 45.00 billion current US$ | +5.6% |
| 2003 | 54.95 billion current US$ | +22.1% |
| 2004 | 64.89 billion current US$ | +18.1% |
| 2005 | 69.53 billion current US$ | +7.1% |
| 2006 | 77.81 billion current US$ | +11.9% |
| 2007 | 84.99 billion current US$ | +9.2% |
| 2008 | 95.46 billion current US$ | +12.3% |
| 2009 | 73.00 billion current US$ | -23.5% |
| 2010 | 78.08 billion current US$ | +7.0% |
| 2011 | 87.24 billion current US$ | +11.7% |
| 2012 | 82.63 billion current US$ | -5.3% |
| 2013 | 92.10 billion current US$ | +11.5% |
| 2014 | 100.69 billion current US$ | +9.3% |
| 2015 | 86.00 billion current US$ | -14.6% |
| 2016 | 89.80 billion current US$ | +4.4% |
| 2017 | 97.09 billion current US$ | +8.1% |
| 2018 | 102.46 billion current US$ | +5.5% |
| 2019 | 101.31 billion current US$ | -1.1% |
| 2020 | 106.65 billion current US$ | +5.3% |
| 2021 | 132.00 billion current US$ | +23.8% |
| 2022 | 143.80 billion current US$ | +8.9% |
| 2023 | 140.20 billion current US$ | -2.5% |
| 2024 | 150.28 billion current US$ | +7.2% |
Denmark compared with similar countries
- Denmark's 150.28 billion current US$ is above the median for high income countries, which is 58.75 billion current US$, 2.6× the median. (63 countries reporting)
- Denmark's 150.28 billion current US$ is above the median for Europe & Central Asia, which is 24.45 billion current US$, 6.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.33 billion current US$ | 8.60 billion current US$ | 14.41 billion current US$ | 5 |
| 1980s | 15.55 billion current US$ | 9.48 billion current US$ | 24.42 billion current US$ | 10 |
| 1990s | 37.10 billion current US$ | 30.04 billion current US$ | 43.13 billion current US$ | 10 |
| 2000s | 64.91 billion current US$ | 40.84 billion current US$ | 95.46 billion current US$ | 10 |
| 2010s | 91.74 billion current US$ | 78.08 billion current US$ | 102.46 billion current US$ | 10 |
| 2020s | 134.59 billion current US$ | 106.65 billion current US$ | 150.28 billion current US$ | 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$), annual growth rate 17.85 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Denmark?
- Gross savings in Denmark was 150.28 billion current US$ 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 150.28 billion current US$ in 2024.
- What is the lowest gross savings recorded in Denmark?
- The lowest recorded value was 8.60 billion current US$ in 1975.
- How does Denmark rank for gross savings?
- Denmark ranks 30th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Denmark?
- Over the last ten years it is up 49.3%. 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 US$). 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 indicator is expressed in United States dollars.