Broad money in Denmark
Denmark: Broad money was 62.6% in 2024. ▲ Rising
Broad money in Denmark, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Denmark recorded 62.6% for broad money in 2024.
The figure is down 3.4% on the previous year and down 1.1% over ten years.
Over the whole period, broad money in Denmark peaked at 69.6% in 2010 and was at its lowest, 39.8%, in 1974.
Denmark ranks 75th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Broad money in Denmark, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 47.2% | — |
| 1961 | 46.6% | -1.3% |
| 1962 | 45.1% | -3.3% |
| 1963 | 47.6% | +5.6% |
| 1964 | 45.9% | -3.6% |
| 1965 | 44.8% | -2.3% |
| 1966 | 46.1% | +2.9% |
| 1967 | 45.8% | -0.7% |
| 1968 | 46.3% | +1.1% |
| 1969 | 44.9% | -3.1% |
| 1970 | 42.5% | -5.4% |
| 1971 | 41.8% | -1.6% |
| 1972 | 41.6% | -0.5% |
| 1973 | 41.0% | -1.3% |
| 1974 | 39.8% | -3.1% |
| 1975 | 45.2% | +13.7% |
| 1976 | 43.6% | -3.5% |
| 1977 | 43.0% | -1.5% |
| 1978 | 41.0% | -4.5% |
| 1979 | 40.6% | -1.0% |
| 1980 | 42.1% | +3.7% |
| 1981 | 42.5% | +1.0% |
| 1982 | 41.3% | -2.9% |
| 1983 | 47.9% | +16.0% |
| 1984 | 50.8% | +6.1% |
| 1985 | 55.4% | +9.0% |
| 1986 | 56.5% | +2.0% |
| 1987 | 57.2% | +1.3% |
| 1988 | 58.0% | +1.3% |
| 1989 | 55.6% | -4.0% |
| 1990 | 56.9% | +2.2% |
| 1991 | 56.8% | -0.1% |
| 1992 | 54.4% | -4.3% |
| 1993 | 64.8% | +19.1% |
| 1994 | 54.5% | -15.8% |
| 1995 | 55.5% | +1.8% |
| 1996 | 57.2% | +3.0% |
| 1997 | 58.0% | +1.5% |
| 1998 | 57.9% | -0.3% |
| 1999 | 54.8% | -5.3% |
| 2000 | 48.6% | -11.2% |
| 2001 | 48.7% | +0.1% |
| 2002 | 49.3% | +1.3% |
| 2003 | 47.3% | -4.0% |
| 2004 | 46.3% | -2.1% |
| 2005 | 50.3% | +8.6% |
| 2006 | 53.0% | +5.2% |
| 2007 | 60.0% | +13.3% |
| 2008 | 61.8% | +3.1% |
| 2009 | 67.6% | +9.4% |
| 2010 | 69.6% | +2.9% |
| 2011 | 64.2% | -7.7% |
| 2012 | 64.0% | -0.3% |
| 2013 | 56.7% | -11.4% |
| 2014 | 63.2% | +11.5% |
| 2015 | 67.8% | +7.2% |
| 2016 | 60.8% | -10.4% |
| 2017 | 61.3% | +0.9% |
| 2018 | 60.8% | -0.9% |
| 2019 | 62.6% | +3.0% |
| 2020 | 68.1% | +8.8% |
| 2021 | 61.4% | -9.8% |
| 2022 | 60.8% | -1.0% |
| 2023 | 64.7% | +6.4% |
| 2024 | 62.6% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.0% | 44.8% | 47.6% | 10 |
| 1970s | 42.0% | 39.8% | 45.2% | 10 |
| 1980s | 50.7% | 41.3% | 58.0% | 10 |
| 1990s | 57.1% | 54.4% | 64.8% | 10 |
| 2000s | 53.3% | 46.3% | 67.6% | 10 |
| 2010s | 63.1% | 56.7% | 69.6% | 10 |
| 2020s | 63.5% | 60.8% | 68.1% | 5 |
Countries ranked near Denmark
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 in Denmark?
- Broad money in Denmark was 62.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Denmark?
- The highest recorded value was 69.6% in 2010.
- What is the lowest broad money recorded in Denmark?
- The lowest recorded value was 39.8% in 1974.
- How does Denmark rank for broad money?
- Denmark ranks 75th out of 166 countries with data for 2024.
- Is broad money rising or falling in Denmark?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.