Government Spending in Denmark decreased to 133831 DKK Million in the first quarter of 2021 from 137289 DKK Million in the fourth quarter of 2020. source: Statistics Denmark

Government Spending in Denmark averaged 111200.22 DKK Million from 1991 until 2021, reaching an all time high of 137289 DKK Million in the fourth quarter of 2020 and a record low of 82679 DKK Million in the first quarter of 1991. This page provides - Denmark Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Government Spending - values, historical data and charts - was last updated on June of 2021.

Government Spending in Denmark is expected to be 137946.00 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 138649.00 in 12 months time. In the long-term, the Denmark Government Spending is projected to trend around 145932.00 DKK Million in 2022 and 148413.00 DKK Million in 2023, according to our econometric models.

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Denmark Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
133831.00 137289.00 137289.00 82679.00 1991 - 2021 DKK Million Quarterly
Constant Prices 2010, SA

Denmark Government Last Previous Highest Lowest Unit
Government Debt to GDP 42.20 33.30 58.10 27.30 percent of GDP [+]
Government Budget -1.10 3.80 5.00 -3.60 percent of GDP [+]
Government Budget Value -19746.00 8688.00 31025.00 -23096.00 DKK Million [+]
Government Spending 133831.00 137289.00 137289.00 82679.00 DKK Million [+]
Government Spending to GDP 54.00 49.20 60.20 49.20 percent of GDP [+]
Government Revenues 328009.00 300137.00 328009.00 166667.00 DKK Million [+]
Government Debt 774.28 775.14 837.67 419.30 DKK Billion [+]
Fiscal Expenditure 347755.00 291449.00 347755.00 167459.00 DKK Million [+]
Credit Rating 100.00 [+]
Military Expenditure 4838.00 4557.00 4838.00 994.00 USD Million [+]
Asylum Applications 100.00 135.00 5020.00 35.00 persons [+]

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.