Government Spending in Denmark increased to 129926 DKK Million in the third quarter of 2020 from 129225 DKK Million in the second quarter of 2020. source: Statistics Denmark

Government Spending in Denmark averaged 110782.16 DKK Million from 1991 until 2020, reaching an all time high of 132434 DKK Million in the fourth quarter of 2019 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 December of 2020.

Government Spending in Denmark is expected to be 127534.00 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 136162.00 in 12 months time. In the long-term, the Denmark Government Spending is projected to trend around 131232.00 DKK Million in 2021 and 133463.00 DKK Million in 2022, according to our econometric models.

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Denmark Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
129926.00 129225.00 132434.00 82679.00 1991 - 2020 DKK Million Quarterly
Constant Prices 2010, SA

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 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.