Broad money growth in Denmark
Denmark: Broad money growth was 1.5% in 2024. β Volatile
Broad money growth in Denmark, 1961β2024
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 151st out of 166 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.
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
- 148 Central African Republic 2.5% compare
- 149 Brunei Darussalam 2.2% compare
- 150 Liberia 1.8% compare
- 152 Gabon 1.4% compare
- 153 Trinidad and Tobago 1.0% compare
- 154 Kenya 1.0% compare
More financial sector data for Denmark
- Net domestic credit (current LCU), per capita 869,208 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 12.24 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -8.17 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 74.89 million SDR (2025)
- Gold reserves at market value 6.82 billion SDR (2025)
- Reserves excluding gold, foreign exchange 80.52 billion SDR (2025)
- Reserves excluding gold 86.46 billion SDR (2025)
- Total reserves (gold at market value) 93.29 billion SDR (2025)
- Total reserves (gold at national valuation) 93.29 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 15,525 SDR per person (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 151st out of 166 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.