Bank deposits to GDP (%) in Denmark
Denmark: Bank deposits to GDP (%) was 60.0% in 2021. ▲ Rising
Bank deposits to GDP in Denmark, 1966–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Denmark recorded 60.0% for bank deposits to gdp in 2021.
That represents a change of down 6.3% on the previous year and up 18.9% over ten years.
Over the whole period, bank deposits to gdp in Denmark peaked at 67.2% in 2008 and was at its lowest, 25.2%, in 1974.
Denmark ranks 87th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Bank deposits to GDP (%) in Denmark, year by year
| Year | % | Change |
|---|---|---|
| 1966 | 26.5% | — |
| 1967 | 26.7% | +0.6% |
| 1968 | 28.1% | +5.4% |
| 1969 | 27.1% | -3.4% |
| 1970 | 25.3% | -6.9% |
| 1971 | 25.4% | +0.6% |
| 1972 | 25.8% | +1.4% |
| 1973 | 25.5% | -1.1% |
| 1974 | 25.2% | -1.0% |
| 1975 | 29.0% | +15.1% |
| 1976 | 28.2% | -2.9% |
| 1977 | 27.4% | -2.7% |
| 1978 | 25.8% | -5.9% |
| 1979 | 25.3% | -1.9% |
| 1980 | 26.5% | +4.7% |
| 1981 | 26.9% | +1.2% |
| 1982 | 26.7% | -0.8% |
| 1983 | 31.9% | +19.5% |
| 1984 | 33.8% | +6.2% |
| 1985 | 37.1% | +9.6% |
| 1986 | 37.5% | +1.2% |
| 1987 | 52.7% | +40.5% |
| 1988 | 54.1% | +2.7% |
| 1989 | 51.5% | -4.8% |
| 1990 | 52.4% | +1.7% |
| 1991 | 54.0% | +3.1% |
| 1992 | 51.6% | -4.5% |
| 1993 | 61.8% | +19.8% |
| 1994 | 51.4% | -16.8% |
| 1995 | 52.4% | +1.9% |
| 1996 | 53.6% | +2.4% |
| 1997 | 54.5% | +1.6% |
| 1998 | 54.5% | +0.1% |
| 1999 | 51.1% | -6.3% |
| 2000 | 45.6% | -10.7% |
| 2001 | 45.7% | +0.1% |
| 2002 | 46.6% | +2.0% |
| 2003 | 48.5% | +4.1% |
| 2004 | 51.5% | +6.2% |
| 2005 | 57.0% | +10.7% |
| 2006 | 59.0% | +3.5% |
| 2007 | 64.3% | +9.0% |
| 2008 | 67.2% | +4.5% |
| 2009 | 56.7% | -15.6% |
| 2010 | 53.1% | -6.3% |
| 2011 | 50.5% | -4.9% |
| 2012 | 50.9% | +0.7% |
| 2013 | 51.3% | +0.8% |
| 2014 | 53.3% | +4.0% |
| 2015 | 54.2% | +1.6% |
| 2016 | 56.1% | +3.5% |
| 2017 | 57.2% | +2.1% |
| 2018 | 56.6% | -1.1% |
| 2019 | 58.5% | +3.4% |
| 2020 | 64.1% | +9.5% |
| 2021 | 60.0% | -6.3% |
Denmark compared with similar countries
- Denmark's 60.0% is below the median for high income countries, which is 91.2%, 66% of the median. (61 countries reporting)
- Denmark's 60.0% is below the median for Europe & Central Asia, which is 66.9%, 90% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Bank deposits to GDP (%) 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 |
|---|---|---|---|
| 1987 | +40.5% | 37.5% | 52.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 27.1% | 26.5% | 28.1% | 4 |
| 1970s | 26.3% | 25.2% | 29.0% | 10 |
| 1980s | 37.9% | 26.5% | 54.1% | 10 |
| 1990s | 53.7% | 51.1% | 61.8% | 10 |
| 2000s | 54.2% | 45.6% | 67.2% | 10 |
| 2010s | 54.2% | 50.5% | 58.5% | 10 |
| 2020s | 62.0% | 60.0% | 64.1% | 2 |
Countries ranked near Denmark
More financial sector data for Denmark
- Reserve position in the IMF, US dollar, annual growth rate 6.8 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 207.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.7 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 151.32 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.8 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 207.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.7 % change on previous year (2025)
Frequently asked questions
- What is bank deposits to gdp in Denmark?
- Bank deposits to gdp in Denmark was 60.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Denmark?
- The highest recorded value was 67.2% in 2008.
- What is the lowest bank deposits to gdp recorded in Denmark?
- The lowest recorded value was 25.2% in 1974.
- How does Denmark rank for bank deposits to gdp?
- Denmark ranks 87th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Denmark?
- Over the last ten years it is up 18.9%. The long-run trend across the full record is rising.
- Where does this Denmark data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).