Denmark recorded a Current Account surplus of 6.10 percent of the country's Gross Domestic Product in 2018.

Current Account to GDP in Denmark averaged 1.92 percent from 1980 until 2018, reaching an all time high of 8.90 percent in 2014 and a record low of -6 percent in 1986. This page provides - Denmark Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Eurostat

Current Account to GDP in Denmark is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Current Account to GDP is projected to trend around 5.60 percent in 2020, according to our econometric models.


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Denmark Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
6.10 8.00 8.90 -6.00 1980 - 2018 percent Yearly

Denmark Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.

Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 9665.50 7862.70 10659.10 -7636.40 DKK Million [+]
Current Account 24155.00 27199.00 27199.00 -4967.00 DKK Million [+]
Current Account to GDP 6.10 8.00 8.90 -6.00 percent [+]
Imports 54550.60 58620.60 60715.30 915.00 DKK Million [+]
Exports 64216.10 66483.30 66483.30 771.00 DKK Million [+]
External Debt 507.00 571.00 176785.00 507.00 DKK Million [+]
Terms of Trade 103.00 102.00 109.00 96.00 points [+]
Capital Flows 50.00 50.00 4975.00 -706.00 DKK Million [+]
Gold Reserves 66.55 66.55 66.60 66.50 Tonnes [+]
Crude Oil Production 88.00 98.00 418.20 69.00 BBL/D/1K [+]
Terrorism Index 0.96 0.82 2.15 0.00 [+]
Weapons Sales 27.00 20.00 272.00 1.00 USD Million [+]
Foreign Direct Investment 699.80 726.30 726.30 402.30 DKK Billion [+]