Denmark Current Account to GDP

12.2% +1.19 pt

Dec 2024 · Annual

Denmark's current account surplus widened to 12.2% of GDP in 2024, up from 11.0% in 2023. The reading marked the highest on record since the series began in 1975.

Denmark Current Account to GDP, 1990–2024
ActualPreviousHighestLowestDatesFrequency
12.2%11.0%12.2%Dec 2024-5.1%Dec 19861975 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
FDI Inflows$18.2B$8.2B$36.0B$-16.3BDec 2024Annual
Exchange Rate6.45 per USD6.55 per USD11.83 per USD4.73 per USDAug 2026Monthly

About this series

Current Account to GDP in Denmark averaged 4.7% from 1975 until 2024, reaching an all-time high of 12.2% in Dec 2024 and a record low of -5.1% in Dec 1986. The series is reported yearly with history from 1975.

The current account balance as a share of GDP measures Denmark's net trade in goods, services, primary income, and secondary income relative to the size of its economy. It is reported annually as a percentage of GDP, with data available from 1975.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Denmark Current Account to GDP FAQ