Current account balance (credit less debit), Net (credits less) in Denmark
Denmark: Current account balance (credit less debit), Net (credits less) was 52.12 billion in 2024. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in Denmark, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Denmark stood at 52.12 billion. That is the highest value across all 20 years on record.
The figure is up 16.1% on the previous year and up 77.2% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Denmark peaked at 52.12 billion in 2024 and was at its lowest, 4.84 billion, in 2007.
That places Denmark 14th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Current account balance (credit less debit), Net (credits less) in Denmark, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 11.01 billion | — |
| 2006 | 9.46 billion | -14.0% |
| 2007 | 4.84 billion | -48.8% |
| 2008 | 10.41 billion | +115.1% |
| 2009 | 11.84 billion | +13.7% |
| 2010 | 20.62 billion | +74.1% |
| 2011 | 21.83 billion | +5.8% |
| 2012 | 19.74 billion | -9.6% |
| 2013 | 25.45 billion | +28.9% |
| 2014 | 29.42 billion | +15.6% |
| 2015 | 24.24 billion | -17.6% |
| 2016 | 22.33 billion | -7.9% |
| 2017 | 24.65 billion | +10.4% |
| 2018 | 22.46 billion | -8.9% |
| 2019 | 25.95 billion | +15.5% |
| 2020 | 26.00 billion | +0.2% |
| 2021 | 34.95 billion | +34.4% |
| 2022 | 44.62 billion | +27.7% |
| 2023 | 44.90 billion | +0.6% |
| 2024 | 52.12 billion | +16.1% |
Denmark compared with similar countries
- Denmark's 52.12 billion is above the median for high income countries, which is 547.38 million, 95.2× the median. (72 countries reporting)
- Denmark's 52.12 billion is above the median for Europe & Central Asia, which is -449.44 million. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.51 billion | 4.84 billion | 11.84 billion | 5 |
| 2010s | 23.67 billion | 19.74 billion | 29.42 billion | 10 |
| 2020s | 40.52 billion | 26.00 billion | 52.12 billion | 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 current account balance (credit less debit), net (credits less debits) in Denmark?
- Current account balance (credit less debit), net (credits less debits) in Denmark was 52.12 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Denmark?
- The highest recorded value was 52.12 billion in 2024.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Denmark?
- The lowest recorded value was 4.84 billion in 2007.
- How does Denmark rank for current account balance (credit less debit), net (credits less debits)?
- Denmark ranks 14th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Denmark?
- Over the last ten years it is up 77.2%. The long-run trend across the full record is rising.
- Where does this Denmark data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.