Denmark recorded a government budget deficit of 734 DKK Million in the first quarter of 2020.

Government Budget Value in Denmark averaged 3374.28 DKK Million from 1999 until 2020, reaching an all time high of 30988 DKK Million in the second quarter of 2019 and a record low of -23096 DKK Million in the second quarter of 2012. This page provides - Denmark Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark General Government Budget Value - values, historical data and charts - was last updated on October of 2020. source: Statistics Denmark

Government Budget Value in Denmark is expected to be -104.22 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Denmark to stand at -2032.86 in 12 months time. In the long-term, the Denmark General Government Budget Value is projected to trend around -3319.73 DKK Million in 2021, according to our econometric models.

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Denmark General Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-734.00 16775.00 30988.00 -23096.00 1999 - 2020 DKK Million Quarterly
Current Prices, NSA

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 129225.00 130850.00 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 823.39 790.30 828.34 419.30 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 45.00 35.00 5020.00 35.00 persons [+]


Denmark General Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.