Total factoring volume to GDP (%) in Denmark
Denmark: Total factoring volume to GDP (%) was 6.4% in 2020. ▲ Rising
Total factoring volume to GDP in Denmark, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
Denmark recorded 6.4% for total factoring volume to gdp in 2020. That is the highest value across all 14 years on record.
That represents a change of up 5.8% on the previous year and up 95.8% over ten years.
Over the whole period, total factoring volume to gdp in Denmark peaked at 6.4% in 2020 and was at its lowest, 2.3%, in 2008.
Denmark ranks 24th of 73 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Total factoring volume to GDP (%) in Denmark, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 3.6% | — |
| 2008 | 2.3% | -37.2% |
| 2009 | 3.1% | +34.7% |
| 2010 | 3.3% | +7.2% |
| 2011 | 3.7% | +12.5% |
| 2012 | 3.5% | -4.1% |
| 2013 | 3.6% | +1.0% |
| 2014 | 3.6% | +0.4% |
| 2015 | 4.5% | +26.0% |
| 2016 | 4.5% | -1.7% |
| 2017 | 5.4% | +21.1% |
| 2018 | 6.0% | +10.8% |
| 2019 | 6.1% | +1.8% |
| 2020 | 6.4% | +5.8% |
Denmark compared with similar countries
- Denmark's 6.4% is above the median for high income countries, which is 5.9%, 1.1× the median. (44 countries reporting)
- Denmark's 6.4% is above the median for Europe & Central Asia, which is 5.9%, 1.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.0% | 2.3% | 3.6% | 3 |
| 2010s | 4.4% | 3.3% | 6.1% | 10 |
| 2020s | 6.4% | 6.4% | 6.4% | 1 |
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 total factoring volume to gdp in Denmark?
- Total factoring volume to gdp in Denmark was 6.4% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Denmark?
- The highest recorded value was 6.4% in 2020.
- What is the lowest total factoring volume to gdp recorded in Denmark?
- The lowest recorded value was 2.3% in 2008.
- How does Denmark rank for total factoring volume to gdp?
- Denmark ranks 24th out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Denmark?
- Over the last ten years it is up 95.8%. The long-run trend across the full record is rising.
- Where does this Denmark data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.