Denmark recorded a Government Debt to GDP of 31.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - Denmark Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the ratio of national debt to gross domestic product (GDP) of Denmark was estimated at approximately 27.99 percent. Between 1992 and 2024, the figure dropped by around 38.76 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 2.55 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Denmark Government Debt: % of GDP

• Denmark Government debt accounted for 33.6 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 33.9 % in the previous quarter.
• Denmark government debt to GDP ratio data is updated quarterly, available from Mar 2000 to Sep 2024.
• The data reached an all-time high of 58.2 % in Mar 2000 and a record low of 26.4 % in Sep 2008.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. Statistics Denmark provides Government Debt in local currency and Nominal GDP in local currency.


Related information about Denmark Government Debt: % of GDP

• In the latest reports, Denmark National Government Debt reached 144.5 USD bn in Sep 2024.
• The country's Nominal GDP reached 102.0 USD bn in Mar 2023.

The national debt of Denmark was estimated at about ************** U.S. dollars in 2024. From 1992 to 2024, the national debt rose by approximately ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the national debt will rise by around ************* U.S. dollars, showing an overall upward trend with periodic ups and downs.

Government Debt in Denmark decreased to 599.67 DKK Billion in May from 599.88 DKK Billion in April of 2025. This dataset provides the latest reported value for - Denmark Central Government Gross Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Denmark Household Debt: % of GDP

• Denmark household debt accounted for 92.2 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 87.6 % in the previous year.
• Denmark household debt to GDP ratio is updated yearly, available from Dec 1994 to Dec 2023.
• The data reached an all-time high of 149.1 % in Dec 2009 and a record low of 87.6 % in Dec 2022.

CEIC calculates annual Household Debt as % of Nominal GDP from annual Household Debt and annual Nominal GDP. Statistics Denmark provides Household Debt in local currency and Nominal GDP in local currency. Household Debt prior 2017 includes NPISH.


Related information about Denmark Household Debt: % of GDP

• In the latest reports, Denmark Household Debt reached 383.6 USD bn in Dec 2023.
• Money Supply M2 in Denmark increased 3.4 % YoY in Aug 2017.
• Denmark Foreign Exchange Reserves was measured at 85.6 USD bn in Oct 2024.
• The Foreign Exchange Reserves equaled 7.4 Months of Import in Oct 2024.
• Denmark Domestic Credit reached 817.3 USD bn in Aug 2024, representing an drop of 4.9 % YoY.
• The country's Non Performing Loans Ratio stood at 0.9 % in Jun 2024, compared with the ratio of 0.9 % in the previous quarter.

Households Debt in Denmark decreased to 85.20 percent of GDP in the fourth quarter of 2024 from 87 percent of GDP in the third quarter of 2024. This dataset provides - Denmark Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Denmark External Debt: Short Term: % of GDP

• Denmark External Debt: Short Term accounted for 58.5 % of the country's Nominal GDP in 2023, compared with the ratio of 56.3 % in the previous year.
• Denmark External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2005 to 2023.
• The data reached an all-time high of 96.9 % in 2008 and a record low of 56.3 % in 2022.

CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. Denmark National Bank provides Short Term External Debt in local currency. Statistics Denmark provides Nominal GDP in local currency.


Related information about Denmark External Debt: Short Term: % of GDP

• In the latest reports of Denmark, Current Account recorded a surplus of 5.3 USD bn in Apr 2023.
• Foreign Direct Investment (FDI) fell by 171.5 USD mn in Aug 2024.
• Denmark Direct Investment Abroad expanded by 349.6 USD mn in Aug 2024.
• Its Foreign Portfolio Investment increased by 11.4 USD bn in Jun 2024.
• Denmark External Debt: Short Term value stood at 251.9 USD bn in Dec 2023.
• The country's Nominal GDP was reported at 102.0 USD bn in Mar 2023.

Key information about Denmark National Government Debt

• Denmark National Government Debt reached 144.5 USD bn in Sep 2024, compared with 137.5 USD bn in the previous quarter.
• Denmark National Government Debt data is updated quarterly, available from Mar 2000 to Sep 2024.
• The data reached an all-time high of 178.2 USD bn in Jun 2011 and a record low of 80.8 USD bn in Jun 2001.

CEIC converts quarterly Government Debt into USD. Statistics Denmark provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Denmark National Government Debt

• In the latest reports, Denmark Consolidated Fiscal Balance registered a surplus equal to 3.5 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 33.6 % of its Nominal GDP in Sep 2024.
• Denmark Nominal GDP reached 102.0 USD bn in Mar 2023.

In Denmark, the ratio of household indebtedness to gross disposable income in the first quarter of 2024 was slightly lower than a year earlier. Nevertheless, it still was nearly twice the size of the disposable income. Despite that decrease, Denmark still has one of the highest household indebtedness ratios in Europe.

Historical chart and dataset showing Denmark debt to gdp ratio by year from 1991 to 2022.

Households Debt in Denmark decreased to 172.07 percent of gross income in 2023 from 174.13 percent in 2022. This dataset provides - Denmark Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Denmark External Debt

• Denmark External Debt reached 589.8 USD bn in Sep 2024, compared with 562.9 USD bn in the previous quarter.
• Denmark External Debt: USD mn data is updated quarterly, available from Dec 2005 to Sep 2024.
• The data reached an all-time high of 645.8 USD bn in Jun 2008 and a record low of 359.9 USD bn in Dec 2005.

CEIC converts quarterly External Debt into USD. Danmarks Nationalbank provides External Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Denmark External Debt

• In the latest reports of Denmark, Current Account recorded a surplus of 5.3 USD bn in Apr 2023.
• Foreign Direct Investment (FDI) increased by 11.7 USD bn in Nov 2024.
• Denmark Direct Investment Abroad expanded by 5.4 USD bn in Nov 2024.
• Its Foreign Portfolio Investment fell by 6.9 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 102.0 USD bn in Mar 2023.

Key information about Denmark Private Debt: % of Nominal GDP

• Denmark Private Debt accounted for 27.76 % of its Nominal GDP in Dec 2024, compared with a ratio of 27.92 % in the previous quarter
• Denmark Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2013 to Dec 2024, with an average share of 32.09 %
• The data reached an all-time high of 37.84 % in Dec 2013 and a record low of 27.28 % in Dec 2022

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Loans to Non Financial Corporations and Households. Denmarks Nationalbank provides Private Debt in local currency. Statistics Denmark provides Nominal GDP in local currency.

Denmark, the Netherlands, and Norway were among the European countries with most indebted households in 2023 and 2024. The debt of Dutch households amounted to *** percent their disposable income in the 2nd quarter of 2024. Meanwhile, Norwegian households' debt represented *** percent of their income in the 3rd quarter of 2023. However, households in most countries were less indebted, with that ratio amounting to ** percent in the Euro area. Less indebtedness in Western and Northern Europe There were several European countries where household's debts outweighed their disposable income. Most of those countries were North or West European. However, the indebtedness ratio in Denmark has been decreasing during the past decade. As the debt of Danish households represented nearly *** percent in the last quarter of 2014, which has fallen very significantly by 2024. Other countries with indebted households have been following similar trends. The households' debt-to-income ratio in the Netherlands has also fallen from over *** percent in 2013 to *** percent in 2024. Debt per adult in Europe In Europe, the value of debt per adult varies considerably from an average of around 10,000 U.S. dollars in Europe to a much higher level in certain countries such as Switzerland. Debts can be formed in a number of ways. The most common forms of debt include credit cards, medical debt, student loans, overdrafts, mortgages, automobile financing and personal loans.

Graph and download economic data for Outstanding Domestic Public Debt Securities to GDP for Denmark (DDDM04DKA156NWDB) from 1999 to 2020 about Denmark, public, debt, securities, domestic, and GDP.

Private Debt to GDP in Denmark decreased to 164 percent in 2024 from 169 percent in 2023. Denmark Private Debt to GDP - values, historical data, forecasts and news - updated on July of 2025.

Denmark: Government debt as percent of GDP: The latest value from 2023 is 29.3 percent, a decline from 29.8 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Denmark from 2000 to 2023 is 39.58 percent. The minimum value, 27.3 percent, was reached in 2007 while the maximum of 52.4 percent was recorded in 2000.

Key information about Denmark Debt Service Ratio: Households

• Denmark Debt Service Ratio: Households was reported at 12.500 % in Sep 2024
• This records an increase from the previous number of 12.400 % for Jun 2024
• Denmark Debt Service Ratio: Households data is updated quarterly, averaging 16.800 % from Mar 1999 to Sep 2024, with 103 observations
• The data reached an all-time high of 23.400 % in Dec 2008 and a record low of 12.000 % in Dec 2022
• Denmark Debt Service Ratio: Households data remains active status in CEIC and is reported by Bank for International Settlements
• The data is categorized under World Trend Plus’s Association: Banking Sector – Table RC.BIS.DSR: G2 Households (HH) and Non-Profit Institution Serving Households (NPISHs): Quarterly

External Debt in Denmark increased to 21304 DKK Million in May from 21217 DKK Million in April of 2025. This dataset provides - Denmark External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.