Key information about Denmark Bank Lending Rate

• Denmark Bank Lending Rate was reported at 2.500 % pa in Feb 2025.
• This stayed constant from the previous number of 2.500 % pa for Jan 2025.
• Denmark Bank Lending Rate data is updated monthly, averaging 2.250 % pa from Apr 1992 to Feb 2025, with 395 observations.
• The data reached an all-time high of 15.000 % pa in Nov 1992 and a record low of 0.050 % pa in Aug 2022.
• Denmark Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

The total amount of outstanding residential mortgage lending in Denmark plummeted in 2022, followed by a gradual increase until the fourth quarter of 2024. Despite the increase, debt remained below the peak value of *** billion euros in the fourth quarter of 2021. Denmark has a well-developed mortgage market. Nevertheless, it ranked below Belgium and Italy in terms of the total mortgage lending outstanding. The mortgage interest rate in Denmark steadily declined between 2016 and 2021, but soared in 2022. That has affected the value of new mortgages.

The average interest rate on bank loans to households in Denmark was **** percent in the first quarter of 2025, higher than the rate for business loans and mortgages. Interest rates grew quickly starting in late 2022. However, they started declining again in 2024.

Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Households: Up to 1 Yr data was reported at 0.735 % pa in Sep 2018. This records a decrease from the previous number of 0.807 % pa for Aug 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Households: Up to 1 Yr data is updated monthly, averaging 1.093 % pa from Oct 2013 (Median) to Sep 2018, with 60 observations. The data reached an all-time high of 1.444 % pa in Dec 2014 and a record low of 0.735 % pa in Sep 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Households: Up to 1 Yr data remains active status in CEIC and is reported by Danmarks Nationalbank. The data is categorized under Global Database’s Denmark – Table DK.M006: Lending Rate: Mortgage Credit Institutes.

Denmark - Housing cost overburden rate: Owner, with mortgage or loan was 5.50% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Housing cost overburden rate: Owner, with mortgage or loan - last updated from the EUROSTAT on August of 2025. Historically, Denmark - Housing cost overburden rate: Owner, with mortgage or loan reached a record high of 23.00% in December of 2009 and a record low of 3.40% in December of 2023.

Mortgage interest rates in Europe soared in 2022 and remained elevated in the following two years. In many countries, this resulted in mortgage interest rates across the region more than doubling. In the fourth quarter of 2024, the average mortgage interest rate in the UK stood at *** percent. Belgium had the lowest rate, at **** percent, while Poland had the highest, at *** percent. Why did mortgage interest rates increase? Mortgage rates have risen as a result of the European Central Bank (ECB) interest rate increase. The ECB increased its interest rates to tackle inflation. As inflation calms, the ECB is expected to cut rates, which allows mortgage lenders to reduce mortgage interest rates. What is the impact of interest rates on home buying? Lower interest rates make taking out a housing loan more affordable, and thus, encourage home buying. That can be seen in many countries across Europe: In France, the number of residential properties sold rose in the years leading up to 2021, and fell as interest rates increased. The number of houses sold in the UK followed a similar trend.

Denmark - Overcrowding rate: Owner, no outstanding mortgage or housing loan was 3.00% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Overcrowding rate: Owner, no outstanding mortgage or housing loan - last updated from the EUROSTAT on July of 2025. Historically, Denmark - Overcrowding rate: Owner, no outstanding mortgage or housing loan reached a record high of 5.70% in December of 2020 and a record low of 1.50% in December of 2012.

The value of gross residential mortgage lending in Denmark fluctuated significantly between 2016 and 2024. The highest amount during this period was identified in the third quarter of 2019, when a value of nearly ** billion euros of residential mortgage lending was recorded. In the fourth quarter of 2024, gross mortgage lending totaled ***** billion euros. This decline in new lending has also led to notable fluctuations in the total outstanding residential mortgage debt.

Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Households: Over 5 to 10 Yrs data was reported at 1.631 % pa in Sep 2018. This records an increase from the previous number of 1.579 % pa for Aug 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Households: Over 5 to 10 Yrs data is updated monthly, averaging 1.736 % pa from Oct 2013 (Median) to Sep 2018, with 60 observations. The data reached an all-time high of 3.282 % pa in Oct 2013 and a record low of 1.313 % pa in Aug 2016. Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Households: Over 5 to 10 Yrs data remains active status in CEIC and is reported by Danmarks Nationalbank. The data is categorized under Global Database’s Denmark – Table DK.M006: Lending Rate: Mortgage Credit Institutes.

Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Non Financial Corporations data was reported at 1.220 % pa in Sep 2018. This records a decrease from the previous number of 1.285 % pa for Aug 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Non Financial Corporations data is updated monthly, averaging 2.926 % pa from Jan 2003 (Median) to Sep 2018, with 189 observations. The data reached an all-time high of 6.275 % pa in Oct 2008 and a record low of 1.168 % pa in Nov 2017. Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Non Financial Corporations data remains active status in CEIC and is reported by Danmarks Nationalbank. The data is categorized under Global Database’s Denmark – Table DK.M006: Lending Rate: Mortgage Credit Institutes.

Denmark: Interest rates on bank credit to the private sector: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Denmark from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Denmark Mortgage Credit Inst Lending Rate: Avg: Outstanding: Non Financial Corporations data was reported at 1.639 % pa in Jun 2018. This records a decrease from the previous number of 1.651 % pa for May 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: Outstanding: Non Financial Corporations data is updated monthly, averaging 3.504 % pa from Jan 2003 (Median) to Jun 2018, with 186 observations. The data reached an all-time high of 6.427 % pa in Jan 2003 and a record low of 1.639 % pa in Jun 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: Outstanding: Non Financial Corporations data remains active status in CEIC and is reported by Danmarks Nationalbank. The data is categorized under Global Database’s Denmark – Table DK.M006: Lending Rate: Mortgage Credit Institutes.

The official bank base interest rate in Denmark was **** percent as of May 2020. The lending rate has been stable at this level since it was applied on January 20, 2015. It then dropped from *** percent down to the current level.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing over the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, PropTech—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. A notable application of PropTech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

In the third quarter of 2024, the average deposit and lending interest rates in banks for credit in Denmark decreased by *** percent per year (***** percent) compared to the second quarter of 2024. Nevertheless, the last two quarters in this industry recorded a significantly higher average deposit and lending interest rates in banks than the preceding quarters.Find more statistics on credit in Denmark with key insights such as Average interest rate on household's bank deposits.

Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Non Financial Corporations: Over 5 to 10 Yrs data was reported at 0.816 % pa in Sep 2018. This records an increase from the previous number of 0.765 % pa for Aug 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Non Financial Corporations: Over 5 to 10 Yrs data is updated monthly, averaging 1.896 % pa from Oct 2013 (Median) to Sep 2018, with 58 observations. The data reached an all-time high of 3.135 % pa in Jan 2014 and a record low of 0.765 % pa in Aug 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: New: DKK: Non Financial Corporations: Over 5 to 10 Yrs data remains active status in CEIC and is reported by Danmarks Nationalbank. The data is categorized under Global Database’s Denmark – Table DK.M006: Lending Rate: Mortgage Credit Institutes.