Government Spending in Denmark decreased to 130299 DKK Million in the third quarter of 2019 from 130840 DKK Million in the second quarter of 2019. Government Spending in Denmark averaged 110092.54 DKK Million from 1991 until 2019, reaching an all time high of 130987 DKK Million in the first quarter of 2018 and a record low of 82679 DKK Million in the first quarter of 1991. source: Statistics Denmark

Government Spending in Denmark is expected to be 131302.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Denmark to stand at 132514.00 in 12 months time. In the long-term, the Denmark Government Spending is projected to trend around 136788.00 DKK Million in 2020, according to our econometric models.

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Denmark Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
130299.00 130840.00 130987.00 82679.00 1991 - 2019 DKK Million Quarterly
Constant Prices 2010, SA


Denmark Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

Denmark Government Last Previous Highest Lowest Unit
Government Debt to GDP 34.10 35.50 58.10 27.30 percent [+]
Government Budget 0.50 1.40 5.00 -3.60 percent of GDP [+]
Government Budget Value 17230.00 12141.00 30469.00 -23096.00 DKK Million [+]
Government Spending 130299.00 130840.00 130987.00 82679.00 DKK Million [+]
Government Spending to GDP 51.40 51.20 60.20 49.60 percent [+]
Government Revenues 302641.00 299152.00 302641.00 166667.00 DKK Million [+]
Government Debt 627.25 637.28 828.34 419.30 DKK Billion [+]
Fiscal Expenditure 258412.00 287012.00 293634.00 167459.00 DKK Million [+]
Military Expenditure 3971.00 3764.00 4204.00 984.00 USD Million [+]
Credit Rating 100.00 [+]
Asylum Applications 230.00 200.00 5020.00 130.00 persons [+]