Trade in services (% of GDP) in Denmark
Denmark: Trade in services (% of GDP) was 56.6% in 2025. ▲ Rising
Trade in services in Denmark, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Denmark stood at 56.6%.
Compared with earlier readings it is down 5.9% on the previous year and up 37.6% over ten years.
Over the whole period, trade in services in Denmark peaked at 60.5% in 2022 and was at its lowest, 13.3%, in 1975.
That places Denmark 29th out of 200 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Trade in services (% of GDP) in Denmark, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 13.3% | — |
| 1976 | 13.6% | +2.4% |
| 1977 | 14.2% | +4.4% |
| 1978 | 13.9% | -2.3% |
| 1979 | 13.6% | -1.9% |
| 1980 | 14.6% | +7.3% |
| 1981 | 17.1% | +17.0% |
| 1982 | 16.6% | -3.2% |
| 1983 | 16.0% | -3.6% |
| 1984 | 15.9% | -0.5% |
| 1985 | 16.5% | +3.6% |
| 1986 | 14.2% | -13.9% |
| 1987 | 13.9% | -2.1% |
| 1988 | 15.6% | +12.6% |
| 1989 | 16.2% | +3.8% |
| 1990 | 16.7% | +2.9% |
| 1991 | 17.7% | +6.4% |
| 1992 | 16.2% | -8.5% |
| 1993 | 16.1% | -0.8% |
| 1994 | 16.5% | +2.5% |
| 1995 | 15.9% | -3.7% |
| 1996 | 16.7% | +5.1% |
| 1997 | 16.0% | -3.9% |
| 1998 | 17.5% | +9.3% |
| 1999 | 21.6% | +23.1% |
| 2000 | 27.3% | +26.5% |
| 2001 | 28.7% | +5.0% |
| 2002 | 28.5% | -0.5% |
| 2003 | 27.4% | -3.8% |
| 2004 | 27.7% | +0.8% |
| 2005 | 31.0% | +12.2% |
| 2006 | 35.4% | +14.2% |
| 2007 | 37.5% | +5.7% |
| 2008 | 39.6% | +5.8% |
| 2009 | 34.9% | -11.8% |
| 2010 | 36.4% | +4.2% |
| 2011 | 38.0% | +4.3% |
| 2012 | 40.1% | +5.6% |
| 2013 | 39.9% | -0.5% |
| 2014 | 39.8% | -0.2% |
| 2015 | 41.1% | +3.3% |
| 2016 | 40.2% | -2.2% |
| 2017 | 41.7% | +3.6% |
| 2018 | 45.1% | +8.0% |
| 2019 | 47.4% | +5.1% |
| 2020 | 42.5% | -10.4% |
| 2021 | 46.1% | +8.6% |
| 2022 | 60.5% | +31.3% |
| 2023 | 57.6% | -4.8% |
| 2024 | 60.1% | +4.4% |
| 2025 | 56.6% | -5.9% |
Denmark compared with similar countries
- Denmark's 56.6% is above the median for high income countries, which is 32.3%, 1.8× the median. (72 countries reporting)
- Denmark's 56.6% is above the median for Europe & Central Asia, which is 31.1%, 1.8× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.7% | 13.3% | 14.2% | 5 |
| 1980s | 15.6% | 13.9% | 17.1% | 10 |
| 1990s | 17.1% | 15.9% | 21.6% | 10 |
| 2000s | 31.8% | 27.3% | 39.6% | 10 |
| 2010s | 41.0% | 36.4% | 47.4% | 10 |
| 2020s | 53.9% | 42.5% | 60.5% | 6 |
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)
- SDRs holdings, US dollar, annual growth rate 5 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,148 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0121 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0109 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 838.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.39 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0075 units per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Denmark?
- Trade in services in Denmark was 56.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Denmark?
- The highest recorded value was 60.5% in 2022.
- What is the lowest trade in services recorded in Denmark?
- The lowest recorded value was 13.3% in 1975.
- How does Denmark rank for trade in services?
- Denmark ranks 29th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Denmark?
- Over the last ten years it is up 37.6%. The long-run trend across the full record is rising.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.