Personal remittances, paid in Denmark
Denmark: Personal remittances, paid was 4.85 billion current US$ in 2024. ◆ Volatile
Personal remittances, paid in Denmark, 1992–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Denmark recorded 4.85 billion current US$ for personal remittances, paid in 2024. That is the highest value across all 33 years on record.
The figure is up 9.7% on the previous year and up 52.8% over ten years.
Over the whole period, personal remittances, paid in Denmark peaked at 4.85 billion current US$ in 2024 and was at its lowest, 159.68 million current US$, in 1993.
Denmark ranks 28th of 196 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid in Denmark, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 160.46 million current US$ | — |
| 1993 | 159.68 million current US$ | -0.5% |
| 1994 | 199.78 million current US$ | +25.1% |
| 1995 | 209.08 million current US$ | +4.7% |
| 1996 | 289.42 million current US$ | +38.4% |
| 1997 | 369.75 million current US$ | +27.8% |
| 1998 | 346.43 million current US$ | -6.3% |
| 1999 | 693.79 million current US$ | +100.3% |
| 2000 | 661.96 million current US$ | -4.6% |
| 2001 | 744.82 million current US$ | +12.5% |
| 2002 | 860.12 million current US$ | +15.5% |
| 2003 | 1.03 billion current US$ | +19.7% |
| 2004 | 1.23 billion current US$ | +19.1% |
| 2005 | 1.51 billion current US$ | +23.3% |
| 2006 | 1.78 billion current US$ | +17.4% |
| 2007 | 3.05 billion current US$ | +72.0% |
| 2008 | 4.02 billion current US$ | +31.8% |
| 2009 | 3.39 billion current US$ | -15.7% |
| 2010 | 2.83 billion current US$ | -16.4% |
| 2011 | 3.15 billion current US$ | +11.1% |
| 2012 | 2.98 billion current US$ | -5.4% |
| 2013 | 3.06 billion current US$ | +2.7% |
| 2014 | 3.17 billion current US$ | +3.7% |
| 2015 | 2.78 billion current US$ | -12.3% |
| 2016 | 2.91 billion current US$ | +4.8% |
| 2017 | 3.14 billion current US$ | +7.8% |
| 2018 | 3.39 billion current US$ | +8.0% |
| 2019 | 3.36 billion current US$ | -0.9% |
| 2020 | 3.40 billion current US$ | +1.2% |
| 2021 | 3.72 billion current US$ | +9.4% |
| 2022 | 3.86 billion current US$ | +3.7% |
| 2023 | 4.42 billion current US$ | +14.4% |
| 2024 | 4.85 billion current US$ | +9.7% |
Denmark compared with similar countries
- Denmark's 4.85 billion current US$ is above the median for high income countries, which is 1.09 billion current US$, 4.5× the median. (71 countries reporting)
- Denmark's 4.85 billion current US$ is above the median for Europe & Central Asia, which is 1.16 billion current US$, 4.2× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid in Denmark changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +100.3% | 346.43 million current US$ | 693.79 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 303.55 million current US$ | 159.68 million current US$ | 693.79 million current US$ | 8 |
| 2000s | 1.83 billion current US$ | 661.96 million current US$ | 4.02 billion current US$ | 10 |
| 2010s | 3.08 billion current US$ | 2.78 billion current US$ | 3.39 billion current US$ | 10 |
| 2020s | 4.05 billion current US$ | 3.40 billion current US$ | 4.85 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$), annual growth rate 17.85 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid in Denmark?
- Personal remittances, paid in Denmark was 4.85 billion current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Denmark?
- The highest recorded value was 4.85 billion current US$ in 2024.
- What is the lowest personal remittances, paid recorded in Denmark?
- The lowest recorded value was 159.68 million current US$ in 1993.
- How does Denmark rank for personal remittances, paid?
- Denmark ranks 28th out of 196 countries with data for 2024.
- Is personal remittances, paid rising or falling in Denmark?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.