The benchmark interest rate in Denmark was last recorded at -0.65 percent. Interest Rate in Denmark averaged 2.71 percent from 1992 until 2019, reaching an all time high of 15 percent in November of 1992 and a record low of -0.75 percent in February of 2015.

Interest Rate in Denmark is expected to be -0.65 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Denmark to stand at -0.05 in 12 months time. In the long-term, the Denmark Interest Rate is projected to trend around 0.75 percent in 2020, according to our econometric models.

Denmark Interest Rate
Forecast Data Chart
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Denmark Money Last Previous Highest Lowest Unit
Interest Rate -0.65 -0.65 15.00 -0.75 percent [+]
Interbank Rate -0.39 -0.39 16.81 -0.39 percent [+]
Money Supply M0 62621.40 62452.70 63468.00 21347.00 DKK Million [+]
Money Supply M1 1265238.00 1251763.00 1265238.00 190038.00 DKK Million [+]
Money Supply M2 1361586.00 1351843.00 1361586.00 307231.00 DKK Million [+]
Money Supply M3 1473578.00 1472249.00 1535254.00 309789.00 DKK Million [+]
Banks Balance Sheet 4214280.70 4042413.60 4776089.00 850978.00 DKK Million [+]
Foreign Exchange Reserves 449600.00 451700.00 737186.00 5513.00 DKK Million [+]
Loans to Private Sector 359.79 365.44 603.30 70.45 DKK Billion [+]
Private Debt to GDP 275.62 283.33 286.64 188.94 percent [+]
Central Bank Balance Sheet 492.25 493.30 787.75 83.11 DKK Billion [+]

Denmark Interest Rate

In Denmark, interest rates decisions are taken by the Board of Governors of the Central Bank of Denmark (Danmarks Nationalbank). The main interest rate is the certificates of deposit rate. The Danish central bank follows the path set by the ECB and the key rate will be raised or lowered when the ECB changes the refinance rate. The Danish central bank’s main policy aim is to hold the euro’s exchange rate within 2.25% either above or below 7.46038 kroner in an effort to keep inflation low and provide stability for exporters. This page provides the latest reported value for - Denmark Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Interest Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.65 -0.65 15.00 -0.75 1992 - 2019 percent Daily

Country Last Previous
Argentina 59.01 Jul/19
Turkey 24.00 Jun/19
Mexico 8.25 Jul/19
Russia 7.50 Jun/19
South Africa 6.75 May/19
Brazil 6.50 Jun/19
Indonesia 6.00 Jun/19
India 5.75 Jul/19
China 4.35 Jun/19
Saudi Arabia 3.00 Jun/19
United States 2.50 Jun/19
Canada 1.75 Jul/19
South Korea 1.75 Jun/19
Singapore 1.67 Jun/19
Australia 1.00 Jul/19
United Kingdom 0.75 Jun/19
Euro Area 0.00 Jun/19
France 0.00 Jun/19
Germany 0.00 Jun/19
Italy 0.00 Jun/19
Netherlands 0.00 Jun/19
Spain 0.00 Jun/19
Japan -0.10 Jun/19
Switzerland -0.75 Jun/19