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.

Current Account to GDP in Denmark is expected to be 5.80 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 4.90 percent in 2020, according to our econometric models.

Denmark Current Account to GDP
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 4794.30 4031.30 10659.10 -7805.00 DKK Million [+]
Current Account -901.00 10736.00 20001.00 -4967.00 DKK Million [+]
Current Account to GDP 6.10 8.00 8.90 -6.00 percent [+]
Imports 54885.40 51301.30 60673.80 915.00 DKK Million [+]
Exports 59679.70 55332.60 64126.50 771.00 DKK Million [+]
External Debt 976.00 1102.00 176785.00 976.00 DKK Million [+]
Terms of Trade 101.00 100.00 109.00 96.00 Index Points [+]
Capital Flows 40.00 10.00 4975.00 -706.00 DKK Million [+]
Gold Reserves 66.50 66.50 66.60 66.50 Tonnes [+]
Crude Oil Production 108.00 126.00 418.20 69.00 BBL/D/1K [+]
Terrorism Index 0.82 1.51 2.15 0.00 [+]
Weapons Sales 12.00 26.00 330.00 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 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. This page provides - Denmark Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2019.

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




Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 3.00 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.60 Dec/17
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -3.00 Dec/17
Indonesia -3.00 Dec/18
South Africa -3.50 Dec/18
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


Related

Latest