Denmark's current account surplus declined sharply to DKK 13.6 billion in October of 2020 from DKK 27.2 billion in the corresponding month of the previous year. The goods surplus narrowed to DKK 10.9 billion from DKK 11.7 billion in the same month of 2019 and the primary income surplus decreased to DKK 6.2 billion from DKK 8.4 billion a year earlier, while the services account posted a deficit of DKK 0.7 billion, shifting from a DKK 9.9 billion surplus a year earlier. Meantime, the secondary income gap was unchanged at DKK 2.8 billion. source: Statistics Denmark
Current Account in Denmark averaged 10159.36 DKK Million from 2005 until 2020, reaching an all time high of 27228 DKK Million in October of 2019 and a record low of -4967 DKK Million in March of 2008. This page provides - Denmark Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Current Account in Denmark is expected to be 13000.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Denmark to stand at 17000.00 in 12 months time. In the long-term, the Denmark Current Account is projected to trend around 15000.00 DKK Million in 2021 and 13000.00 DKK Million in 2022, according to our econometric models.