Net trade in goods and services in Denmark
Denmark: Net trade in goods and services was 43.52 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
43.52 billion BoP, current US$
Change on year
up 19.5%
World rank
13th
of 200 countries
All-time high
43.52 billion BoP, current US$
in 2024
All-time low
-2.02 billion BoP, current US$
in 1979
Years of data
50
1975–2024
Net trade in goods and services in Denmark, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods and services in Denmark stood at 43.52 billion BoP, current US$. That is the highest value across all 50 years on record.
That represents a change of up 19.5% on the previous year and up 91.5% over ten years.
Over the whole period, net trade in goods and services in Denmark peaked at 43.52 billion BoP, current US$ in 2024 and was at its lowest, -2.02 billion BoP, current US$, in 1979.
That places Denmark 13th out of 200 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Denmark, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | -240.13 million BoP, current US$ | — |
| 1976 | -1.77 billion BoP, current US$ | +637.5% |
| 1977 | -1.56 billion BoP, current US$ | -12.0% |
| 1978 | -1.17 billion BoP, current US$ | -25.2% |
| 1979 | -2.02 billion BoP, current US$ | +73.1% |
| 1980 | -734.27 million BoP, current US$ | -63.6% |
| 1981 | 262.06 million BoP, current US$ | -135.7% |
| 1982 | 78.09 million BoP, current US$ | -70.2% |
| 1983 | 881.70 million BoP, current US$ | +1029.0% |
| 1984 | 552.82 million BoP, current US$ | -37.3% |
| 1985 | -71.19 million BoP, current US$ | -112.9% |
| 1986 | -743.29 million BoP, current US$ | +944.0% |
| 1987 | 1.34 billion BoP, current US$ | -280.5% |
| 1988 | 3.08 billion BoP, current US$ | +129.4% |
| 1989 | 3.36 billion BoP, current US$ | +9.0% |
| 1990 | 7.49 billion BoP, current US$ | +123.1% |
| 1991 | 8.59 billion BoP, current US$ | +14.8% |
| 1992 | 10.40 billion BoP, current US$ | +21.1% |
| 1993 | 9.82 billion BoP, current US$ | -5.7% |
| 1994 | 9.04 billion BoP, current US$ | -8.0% |
| 1995 | 7.79 billion BoP, current US$ | -13.7% |
| 1996 | 9.26 billion BoP, current US$ | +18.8% |
| 1997 | 5.69 billion BoP, current US$ | -38.6% |
| 1998 | 3.32 billion BoP, current US$ | -41.6% |
| 1999 | 8.24 billion BoP, current US$ | +148.2% |
| 2000 | 9.30 billion BoP, current US$ | +12.9% |
| 2001 | 10.43 billion BoP, current US$ | +12.2% |
| 2002 | 10.02 billion BoP, current US$ | -3.9% |
| 2003 | 13.12 billion BoP, current US$ | +30.8% |
| 2004 | 12.43 billion BoP, current US$ | -5.2% |
| 2005 | 14.56 billion BoP, current US$ | +17.2% |
| 2006 | 11.60 billion BoP, current US$ | -20.3% |
| 2007 | 9.40 billion BoP, current US$ | -19.0% |
| 2008 | 12.52 billion BoP, current US$ | +33.2% |
| 2009 | 14.98 billion BoP, current US$ | +19.6% |
| 2010 | 21.86 billion BoP, current US$ | +45.9% |
| 2011 | 21.19 billion BoP, current US$ | -3.1% |
| 2012 | 18.90 billion BoP, current US$ | -10.8% |
| 2013 | 21.48 billion BoP, current US$ | +13.7% |
| 2014 | 22.72 billion BoP, current US$ | +5.8% |
| 2015 | 19.87 billion BoP, current US$ | -12.6% |
| 2016 | 19.06 billion BoP, current US$ | -4.0% |
| 2017 | 21.75 billion BoP, current US$ | +14.1% |
| 2018 | 18.46 billion BoP, current US$ | -15.1% |
| 2019 | 21.03 billion BoP, current US$ | +13.9% |
| 2020 | 20.28 billion BoP, current US$ | -3.6% |
| 2021 | 25.06 billion BoP, current US$ | +23.6% |
| 2022 | 38.31 billion BoP, current US$ | +52.9% |
| 2023 | 36.42 billion BoP, current US$ | -4.9% |
| 2024 | 43.52 billion BoP, current US$ | +19.5% |
Denmark compared with similar countries
- Denmark's 43.52 billion BoP, current US$ is above the median for high income countries, which is 2.86 billion BoP, current US$, 15.2× the median. (72 countries reporting)
- Denmark's 43.52 billion BoP, current US$ is above the median for Europe & Central Asia, which is 460.27 million BoP, current US$, 94.5× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Denmark changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +1029.0% | 78.09 million BoP, current US$ | 881.70 million BoP, current US$ |
| 1986 | -944.0% | -71.19 million BoP, current US$ | -743.29 million BoP, current US$ |
| 1976 | -637.5% | -240.13 million BoP, current US$ | -1.77 billion BoP, current US$ |
| 1987 | +280.5% | -743.29 million BoP, current US$ | 1.34 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.35 billion BoP, current US$ | -2.02 billion BoP, current US$ | -240.13 million BoP, current US$ | 5 |
| 1980s | 800.20 million BoP, current US$ | -743.29 million BoP, current US$ | 3.36 billion BoP, current US$ | 10 |
| 1990s | 7.96 billion BoP, current US$ | 3.32 billion BoP, current US$ | 10.40 billion BoP, current US$ | 10 |
| 2000s | 11.84 billion BoP, current US$ | 9.30 billion BoP, current US$ | 14.98 billion BoP, current US$ | 10 |
| 2010s | 20.63 billion BoP, current US$ | 18.46 billion BoP, current US$ | 22.72 billion BoP, current US$ | 10 |
| 2020s | 32.72 billion BoP, current US$ | 20.28 billion BoP, current US$ | 43.52 billion BoP, 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$), annual growth rate 17.85 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services in Denmark?
- Net trade in goods and services in Denmark was 43.52 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Denmark?
- The highest recorded value was 43.52 billion BoP, current US$ in 2024.
- What is the lowest net trade in goods and services recorded in Denmark?
- The lowest recorded value was -2.02 billion BoP, current US$ in 1979.
- How does Denmark rank for net trade in goods and services?
- Denmark ranks 13th out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Denmark?
- Over the last ten years it is up 91.5%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.