Services balance (credit less debit), Net (credits less debits) (US) in Denmark
Denmark: Services balance (credit less debit), Net (credits less debits) (US) was 3.44 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Denmark, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Denmark is 3.44 billion, measured in 2024.
That represents a change of down 41.6% on the previous year and down 50.3% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Denmark peaked at 28.84 billion in 2022 and was at its lowest, 2.09 billion, in 2009.
Denmark ranks 38th of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in Denmark, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.45 billion | — |
| 2006 | 6.14 billion | +12.7% |
| 2007 | 6.67 billion | +8.7% |
| 2008 | 7.72 billion | +15.8% |
| 2009 | 2.09 billion | -72.9% |
| 2010 | 6.31 billion | +201.3% |
| 2011 | 4.61 billion | -27.0% |
| 2012 | 4.24 billion | -7.9% |
| 2013 | 6.02 billion | +41.7% |
| 2014 | 6.92 billion | +15.0% |
| 2015 | 5.33 billion | -23.1% |
| 2016 | 2.11 billion | -60.5% |
| 2017 | 6.64 billion | +215.2% |
| 2018 | 5.67 billion | -14.5% |
| 2019 | 3.61 billion | -36.3% |
| 2020 | 2.13 billion | -41.1% |
| 2021 | 13.14 billion | +516.9% |
| 2022 | 28.84 billion | +119.5% |
| 2023 | 5.88 billion | -79.6% |
| 2024 | 3.44 billion | -41.6% |
Denmark compared with similar countries
- Denmark's 3.44 billion is above the median for high income countries, which is 910.63 million, 3.8× the median. (72 countries reporting)
- Denmark's 3.44 billion is above the median for Europe & Central Asia, which is 2.79 billion, 1.2× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2021 | +516.9% | 2.13 billion | 13.14 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.62 billion | 2.09 billion | 7.72 billion | 5 |
| 2010s | 5.15 billion | 2.11 billion | 6.92 billion | 10 |
| 2020s | 10.69 billion | 2.13 billion | 28.84 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 services balance (credit less debit), net (credits less debits) in Denmark?
- Services balance (credit less debit), net (credits less debits) in Denmark was 3.44 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Denmark?
- The highest recorded value was 28.84 billion in 2022.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Denmark?
- The lowest recorded value was 2.09 billion in 2009.
- How does Denmark rank for services balance (credit less debit), net (credits less debits)?
- Denmark ranks 38th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Denmark?
- Over the last ten years it is down 50.3%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from International Monetary Fund, published as part of Services 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.