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 November 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

Related Last Previous Unit Reference
Government Debt to GDP 42.20 33.30 percent of GDP Dec/20
Government Budget -3.50 3.80 percent of GDP Dec/20
Government Budget Value 3263.00 -1566.00 DKK Million Jun/21
Government Spending 135350.00 131986.00 DKK Million Jun/21
Government Revenues 317265.00 316988.00 DKK Million Jun/21
Fiscal Expenditure 314003.00 315170.00 DKK Million Jun/21
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.