Denmark recorded a Government Budget deficit equal to 1.10 percent of the country's Gross Domestic Product in 2020. source: Statistics Denmark

Government Budget in Denmark averaged 0.36 percent of GDP from 1995 until 2020, 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 September of 2021.

Government Budget in Denmark is expected to reach -1.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Government Budget is projected to trend around -1.00 percent of GDP in 2022 and -0.80 percent of GDP in 2023, according to our econometric models.

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Denmark Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.10 3.80 5.00 -3.60 1995 - 2020 percent of GDP Yearly

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 -1566.00 -12370.00 31445.00 -23096.00 DKK Million [+]
Government Spending 135350.00 131986.00 135350.00 82679.00 DKK Million [+]
Government Spending to GDP 54.00 49.20 60.20 49.20 percent of GDP [+]
Government Revenues 309768.00 334899.00 334899.00 166667.00 DKK Million [+]
Government Debt 786.79 774.20 837.67 419.30 DKK Billion [+]
Fiscal Expenditure 311334.00 347269.00 347269.00 167459.00 DKK Million [+]
Credit Rating 100.00 [+]
Military Expenditure 4838.00 4557.00 4838.00 994.00 USD Million [+]
Asylum Applications 90.00 185.00 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.