Denmark's current account surplus declined to DKK 17.4 billion in May of 2020 from DKK 20.5 billion in the corresponding month of the previous year. The goods surplus narrowed to DKK 10.1 billion from DKK 12.3 billion a year earlier and the services account surplus fell to DKK 0.3 billion from DKK 2.6 billion. On the other hand, the primary income surplus widened to DKK 9.8 billion from DKK 8.7 billion, while the secondary income deficit went down to DKK 2.9 billion from DKK 3 billion.

Current Account in Denmark averaged 9962.99 DKK Million from 2005 until 2020, reaching an all time high of 25896 DKK Million in October of 2019 and a record low of -4967 DKK Million in March of 2008. This page provides - Denmark Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Denmark

Current Account in Denmark is expected to be 13000.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Denmark to stand at 17000.00 in 12 months time. In the long-term, the Denmark Current Account is projected to trend around 15000.00 DKK Million in 2021 and 13000.00 DKK Million in 2022, according to our econometric models.

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Denmark Current Account

Actual Previous Highest Lowest Dates Unit Frequency
17379.00 14976.00 25896.00 -4967.00 2005 - 2020 DKK Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-08 06:00 AM Feb DKK14.7B DKK16.2B DKK15.8B
2020-05-11 06:00 AM Mar DKK4.07B DKK8.34B DKK 8B
2020-06-09 06:00 AM Apr DKK16.5B DKK3.4B DKK16B
2020-07-09 06:00 AM May DKK17.4B DKK15.0B DKK 18B
2020-08-10 06:00 AM Jun DKK17.4B DKK 15B
2020-09-08 06:00 AM Jul
2020-10-09 06:00 AM Aug
2020-11-09 07:00 AM Sep DKK 13B


News Stream
Danish Current Account Surplus Narrows in May
Denmark's current account surplus declined to DKK 17.4 billion in May of 2020 from DKK 20.5 billion in the corresponding month of the previous year. The goods surplus narrowed to DKK 10.1 billion from DKK 12.3 billion a year earlier and the services account surplus fell to DKK 0.3 billion from DKK 2.6 billion. On the other hand, the primary income surplus widened to DKK 9.8 billion from DKK 8.7 billion, while the secondary income deficit went down to DKK 2.9 billion from DKK 3 billion.
2020-07-09
Danish Current Account Surplus Largest in 5 Months
Denmark's current account surplus widened to DKK 16.5 billion in April 2020 from DKK 14.5 billion in the corresponding month of the previous year. It was the largest current account surplus since last November, as the goods surplus increased to DKK 12.6 billion from DKK 11.2 billion in a year earlier, while the primary income surplus surged to DKK 6 billion from DKK 3.2 billion. Meantime, the services account surplus narrowed to DKK 0.6 billion from DKK 2.1 billion in a year earlier, while the secondary income deficit went up to DKK 2.7 billion from DKK 2 billion.
2020-06-09
Danish Current Account Swings to Surplus
Denmark's current account switched to DKK 4.1 billion surplus in March 2020 from DKK 2.9 billion gap in the corresponding month of the previous year. The goods surplus surged to DKK 13.9 billion from DKK 7.5 billion, while the primary income deficit declined to DKK 6.2 billion from DKK 8.4 billion. Meantime, the services account gap widened to DKK 2.1 billion from DKK 1.2 billion in a year earlier, while the secondary income deficit went up to DKK 1.5 billion from DKK 0.7 billion.
2020-05-11
Danish Current Account Surplus Widens in February
Denmark's current account surplus jumped to DKK 14.7 billion in February 2020 from DKK 9.6 billion in the corresponding month of the previous year. The goods surplus surged to DKK 14.3 billion from DKK 7.2 billion, while the primary income surplus was unchanged at DKK DKK 4.8 billion. Meantime, the services account surplus narrowed sharply to DKK 0.05 billion from DKK 1.7 billion in a year earlier, while the secondary income deficit went up to DKK 4.4 billion from DKK 4.1 billion.
2020-04-08

Denmark Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).