Personal remittances, received in Denmark
Denmark: Personal remittances, received was 0.4% in 2024. ▲ Rising
Personal remittances, received in Denmark, 1992–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Denmark recorded 0.4% for personal remittances, received in 2024.
Compared with earlier readings it is down 4.7% on the previous year and down 14.8% over ten years.
Over the whole period, personal remittances, received in Denmark peaked at 0.5% in 1997 and was at its lowest, 0.3%, in 2005.
That places Denmark 157th out of 195 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Personal remittances, received in Denmark, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 0.3% | — |
| 1993 | 0.3% | +3.6% |
| 1994 | 0.3% | -10.5% |
| 1995 | 0.3% | +0.6% |
| 1996 | 0.4% | +29.7% |
| 1997 | 0.5% | +34.1% |
| 1998 | 0.4% | -12.0% |
| 1999 | 0.5% | +4.3% |
| 2000 | 0.4% | -10.0% |
| 2001 | 0.4% | +4.3% |
| 2002 | 0.4% | +3.6% |
| 2003 | 0.4% | -1.9% |
| 2004 | 0.4% | -0.9% |
| 2005 | 0.3% | -41.1% |
| 2006 | 0.3% | +4.0% |
| 2007 | 0.3% | -1.6% |
| 2008 | 0.3% | +15.2% |
| 2009 | 0.3% | +6.6% |
| 2010 | 0.3% | -9.1% |
| 2011 | 0.3% | +16.3% |
| 2012 | 0.4% | +8.3% |
| 2013 | 0.4% | +9.9% |
| 2014 | 0.4% | +5.7% |
| 2015 | 0.4% | -0.8% |
| 2016 | 0.4% | -4.2% |
| 2017 | 0.4% | -0.8% |
| 2018 | 0.4% | +0.5% |
| 2019 | 0.4% | +5.4% |
| 2020 | 0.4% | -10.7% |
| 2021 | 0.3% | -7.1% |
| 2022 | 0.3% | +0.6% |
| 2023 | 0.4% | +7.4% |
| 2024 | 0.4% | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4% | 0.3% | 0.5% | 8 |
| 2000s | 0.4% | 0.3% | 0.4% | 10 |
| 2010s | 0.4% | 0.3% | 0.4% | 10 |
| 2020s | 0.4% | 0.3% | 0.4% | 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)
- Services, value added (current US$), annual growth rate 7.43 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6266 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 48,230 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.18 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 4.15 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 319,372 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.76 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4982 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is personal remittances, received in Denmark?
- Personal remittances, received in Denmark was 0.4% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Denmark?
- The highest recorded value was 0.5% in 1997.
- What is the lowest personal remittances, received recorded in Denmark?
- The lowest recorded value was 0.3% in 2005.
- How does Denmark rank for personal remittances, received?
- Denmark ranks 157th out of 195 countries with data for 2024.
- Is personal remittances, received rising or falling in Denmark?
- Over the last ten years it is down 14.8%. The long-run trend across the full record is rising.
- Where does this Denmark data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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.