Denmark's current account surplus declined to DKK 15.1 billion in December 2019 from DKK 15.7 billion in the corresponding month of the previous year. This was the smallest current income surplus since April last year, when current account a reported surplus of DKK 14.7 billion, as the services surplus tumbled to DKK 0.3 billion from DKK 5.2 billion last year. Meantime, the goods surplus rose to DKK 8.2 billion from DKK 6.1 billion and the primary income surplus went up to DKK 8.9 billion from DKK 7.0 billion, while the secondary income deficit went down to DKK 2.2 billion from DKK 2.6 billion.

Current Account in Denmark averaged 9942.62 DKK Million from 2005 until 2019, reaching an all time high of 26737 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. source: Statistics Denmark

Current Account in Denmark is expected to be 8000.00 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 11000.00 in 12 months time. In the long-term, the Denmark Current Account is projected to trend around 9500.00 DKK Million in 2021, according to our econometric models.


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Denmark Current Account

Actual Previous Highest Lowest Dates Unit Frequency
15114.00 17747.00 26737.00 -4967.00 2005 - 2019 DKK Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-11 07:00 AM Sep DKK20.73B DKK17.45B DKK 20.2B
2019-12-09 07:00 AM Oct DKK27.4B DKK21.0B DKK 20.2B
2020-01-09 07:00 AM Nov DKK24.2B DKK27.2B DKK 19.3B
2020-02-10 07:00 AM Dec DKK15.1B DKK17.7B DKK 12B
2020-03-10 07:00 AM Jan DKK15.1B
2020-04-08 06:00 AM Feb
2020-05-11 06:00 AM Mar DKK 8B
2020-06-09 06:00 AM Apr


News Stream
Danish Current Account Surplus Smallest in 8 Months
Denmark's current account surplus declined to DKK 15.1 billion in December 2019 from DKK 15.7 billion in the corresponding month of the previous year. This was the smallest current income surplus since April last year, when current account a reported surplus of DKK 14.7 billion, as the services surplus tumbled to DKK 0.3 billion from DKK 5.2 billion last year. Meantime, the goods surplus rose to DKK 8.2 billion from DKK 6.1 billion and the primary income surplus went up to DKK 8.9 billion from DKK 7.0 billion, while the secondary income deficit went down to DKK 2.2 billion from DKK 2.6 billion.
2020-02-10
Danish Current Account Surplus Widens in November
Denmark's current account surplus widened to DKK 24.2 billion in November 2019 from DKK 19.6 billion in the corresponding month of the previous year. The goods surplus rose to DKK 19.2 billion from DKK 12.2 billion last year and the primary income surplus went up to DKK 7.2 billion from DKK 7.0 billion. Meantime, the services surplus declined to DKK 1.3 billion from DKK 3.8 billion, while the secondary income deficit increased to DKK 3.6 billion from DKK 3.4 billion.
2020-01-09
Danish Current Account Surplus Hits Record High in October
Danish’s current account surplus widened sharply to DKK 27.4 billion in October 2019 from DKK 20.3 billion in the corresponding month of the previous year. This was the largest on record in current account surplus since the series began in January 2005, as the services account surplus surged to DKK 7.0 billion from DKK 3.9 billion a year earlier and the goods surplus increased to DKK 15.7 billion from DKK 12.4 billion in October last year, while the primary income surplus rose to DKK 8.2 billion from DKK 7.3 billion in October 2018. On the othe hand, the secondary income deficit went up to DKK 3.5 billion from DKK 3.3 billion.
2019-12-09
Danish Current Account Surplus Narrows in September
Danish’s current account surplus declined to DKK 20.7 billion in September 2019 from DKK 21.3 billion in the corresponding month of the previous year. The primary income surplus narrowed to DKK 6.8 billion from DKK 6.9 billion and the services account surplus fell to DKK 1.7 billion from DKK 4.3 billion a year earlier, while the secondary income deficit rose to DKK 3.6 billion from DKK 3.0 billion. On the other hand, the goods surplus increased to DKK 15.8 billion from DKK 13.1 billion in September last year.
2019-11-11

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).