Denmark recorded a Government Budget surplus equal to 3.70 percent of the country's Gross Domestic Product in 2019. source: Statistics Denmark

Government Budget in Denmark averaged 0.38 percent of GDP from 1995 until 2019, reaching an all time high of 5 percent of GDP in 2005 and a record low of -3.60 percent of GDP in 1995. This page provides - Denmark Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Government Budget - values, historical data and charts - was last updated on December of 2020.

Government Budget in Denmark is expected to reach -7.60 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Government Budget is projected to trend around -2.80 percent of GDP in 2021 and -1.20 percent of GDP in 2022, according to our econometric models.

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Denmark Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
3.70 0.50 5.00 -3.60 1995 - 2019 percent of GDP Yearly

Denmark Government Last Previous Highest Lowest Unit
Government Debt to GDP 33.20 33.90 58.10 27.30 percent [+]
Government Budget 3.70 0.50 5.00 -3.60 percent of GDP [+]
Government Budget Value -734.00 16775.00 30988.00 -23096.00 DKK Million [+]
Government Spending 129926.00 129225.00 132434.00 82679.00 DKK Million [+]
Government Spending to GDP 49.60 50.90 60.20 49.60 percent [+]
Government Revenues 293612.00 311106.00 315061.00 166667.00 DKK Million [+]
Government Debt 837.67 815.42 837.67 419.30 DKK Billion [+]
Fiscal Expenditure 294346.00 294331.00 294346.00 167459.00 DKK Million [+]
Military Expenditure 3971.00 3764.00 4204.00 984.00 USD Million [+]
Credit Rating 100.00 [+]
Asylum Applications 145.00 130.00 5020.00 35.00 persons [+]


Denmark Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.