Danish’s current account surplus widened to DKK 16.9 billion in June 2019 from DKK 13.4 billion in the same month of the previous year. The goods surplus increased to DKK 14.7 billion from DKK 11.0 billion in June last year and the primary income surplus rose to DKK 8.4 billion from DKK 8.1 billion a year earlier. Also, the secondary income deficit narrowed to DKK 3.3 billion from DKK 3.4 billion in June 2018. Meanwhile, the services account deficit went up to DKK 2.8 billion from a DKK 2.4 billion gap in June 2018. Current Account in Denmark averaged 9458.61 DKK Million from 2005 until 2019, reaching an all time high of 22122 DKK Million in May of 2019 and a record low of -4967 DKK Million in March of 2008.

Current Account in Denmark is expected to be 10200.00 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 9500.00 DKK Million in 2020, according to our econometric models.

Denmark Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-09 06:00 AM Current Account Mar DKK-0.9B DKK10.7B DKK 5.1B
2019-06-07 06:00 AM Current Account Apr DKK15.1B DKK-1.3B DKK-2.87B
2019-07-09 06:00 AM Current Account May DKK22.1 DKK14.8B DKK13.8B
2019-08-09 06:00 AM Current Account Jun DKK16.9B DKK22.3 DKK 16.4B
2019-09-09 06:00 AM Current Account Jul DKK16.9B
2019-10-09 06:00 AM Current Account Aug
2019-11-11 07:00 AM Current Account Sep DKK 10.2B


Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 7175.00 9678.50 10659.10 -7829.10 DKK Million [+]
Current Account 16943.00 22349.00 22349.00 -4967.00 DKK Million [+]
Current Account to GDP 6.10 8.00 8.90 -6.00 percent [+]
Imports 50713.50 54791.80 60685.70 915.00 DKK Million [+]
Exports 57888.50 64470.30 64470.30 771.00 DKK Million [+]
External Debt 721.00 819.00 176785.00 721.00 DKK Million [+]
Terms of Trade 102.00 102.00 109.00 96.00 Index Points [+]
Capital Flows -132.00 -132.00 4975.00 -706.00 DKK Million [+]
Gold Reserves 66.50 66.50 66.60 66.50 Tonnes [+]
Crude Oil Production 118.00 119.00 418.20 69.00 BBL/D/1K [+]
Terrorism Index 0.82 1.51 2.15 0.00 [+]
Weapons Sales 27.00 20.00 272.00 1.00 USD Million [+]
Foreign Direct Investment 735.40 689.50 735.40 402.30 DKK Billion [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). This page provides - Denmark Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16943.00 22349.00 22349.00 -4967.00 2005 - 2019 DKK Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France -755.00 Jun/19
Germany 20646.19 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1211.17 Jun/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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