Broad money growth (annual %) in Denmark
Denmark: Broad money growth (annual %) was 1.5% in 2024. ◆ Volatile
Broad money growth in Denmark, 1961–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Denmark recorded 1.5% for broad money growth in 2024.
Compared with earlier readings it is down 69.8% on the previous year and down 89.7% over ten years.
Over the whole period, broad money growth in Denmark peaked at 27.8% in 1983 and was at its lowest, -10.0%, in 1994.
That places Denmark 154th out of 167 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth (annual %) in Denmark, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 9.6% | — |
| 1962 | 9.0% | -6.1% |
| 1963 | 12.4% | +38.2% |
| 1964 | 10.2% | -18.0% |
| 1965 | 9.7% | -4.4% |
| 1966 | 12.9% | +32.5% |
| 1967 | 9.5% | -26.8% |
| 1968 | 12.8% | +35.0% |
| 1969 | 10.6% | -17.2% |
| 1970 | 4.8% | -54.4% |
| 1971 | 8.9% | +84.0% |
| 1972 | 13.4% | +50.7% |
| 1973 | 13.6% | +2.0% |
| 1974 | 8.4% | -38.2% |
| 1975 | 26.9% | +219.7% |
| 1976 | 11.7% | -56.5% |
| 1977 | 9.3% | -20.9% |
| 1978 | 6.4% | -30.6% |
| 1979 | 10.2% | +58.7% |
| 1980 | 11.7% | +14.7% |
| 1981 | 10.8% | -7.4% |
| 1982 | 11.1% | +2.1% |
| 1983 | 27.8% | +151.0% |
| 1984 | 17.2% | -38.1% |
| 1985 | 18.4% | +6.7% |
| 1986 | 9.4% | -48.7% |
| 1987 | 6.5% | -30.9% |
| 1988 | 5.5% | -15.0% |
| 1989 | 1.3% | -76.1% |
| 1990 | 6.5% | +394.2% |
| 1991 | 3.9% | -39.8% |
| 1992 | -0.7% | -118.8% |
| 1993 | 19.7% | -2763.3% |
| 1994 | -10.0% | -150.5% |
| 1995 | 6.2% | -162.4% |
| 1996 | 8.1% | +31.1% |
| 1997 | 6.8% | -16.3% |
| 1998 | 3.3% | -51.2% |
| 1999 | -0.9% | -126.8% |
| 2000 | -5.2% | +479.0% |
| 2001 | 3.6% | -169.0% |
| 2002 | 4.2% | +19.0% |
| 2003 | -2.2% | -151.3% |
| 2004 | 2.7% | -225.4% |
| 2005 | 14.4% | +428.6% |
| 2006 | 11.5% | -20.4% |
| 2007 | 17.2% | +49.5% |
| 2008 | 7.0% | -59.2% |
| 2009 | 4.5% | -35.3% |
| 2010 | 7.9% | +74.0% |
| 2011 | -5.9% | -175.3% |
| 2012 | 2.0% | -134.5% |
| 2013 | -9.4% | -557.6% |
| 2014 | 14.1% | -250.5% |
| 2015 | 9.9% | -29.7% |
| 2016 | -7.2% | -172.7% |
| 2017 | 5.2% | -171.6% |
| 2018 | 1.5% | -70.9% |
| 2019 | 5.8% | +286.9% |
| 2020 | 9.8% | +69.4% |
| 2021 | -1.0% | -110.6% |
| 2022 | 9.8% | -1038.8% |
| 2023 | 4.8% | -51.0% |
| 2024 | 1.5% | -69.8% |
Denmark compared with similar countries
- Denmark's 1.5% is below the median for high income countries, which is 5.9%, 24% of the median. (41 countries reporting)
- Denmark's 1.5% is below the median for Europe & Central Asia, which is 9.8%, 15% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) 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 |
|---|---|---|---|
| 1993 | +2763.3% | -0.7% | 19.7% |
| 2022 | +1038.8% | -1.0% | 9.8% |
| 2013 | -557.6% | 2.0% | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.7% | 9.0% | 12.9% | 9 |
| 1970s | 11.4% | 4.8% | 26.9% | 10 |
| 1980s | 12.0% | 1.3% | 27.8% | 10 |
| 1990s | 4.3% | -10.0% | 19.7% | 10 |
| 2000s | 5.8% | -5.2% | 17.2% | 10 |
| 2010s | 2.4% | -9.4% | 14.1% | 10 |
| 2020s | 5.0% | -1.0% | 9.8% | 5 |
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 broad money growth in Denmark?
- Broad money growth in Denmark was 1.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Denmark?
- The highest recorded value was 27.8% in 1983.
- What is the lowest broad money growth recorded in Denmark?
- The lowest recorded value was -10.0% in 1994.
- How does Denmark rank for broad money growth?
- Denmark ranks 154th out of 167 countries with data for 2024.
- Is broad money growth rising or falling in Denmark?
- Over the last ten years it is down 89.7%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.