Denmark recorded a government budget deficit of 19746 DKK Million in the fourth quarter of 2020. source: Statistics Denmark

Government Budget Value in Denmark averaged 3091.24 DKK Million from 1999 until 2020, reaching an all time high of 31025 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 July of 2021.

Government Budget Value in Denmark is expected to be -2032.86 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 -3319.73 in 12 months time. In the long-term, the Denmark General Government Budget Value is projected to trend around -3319.73 DKK Million in 2022, according to our econometric models.

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Denmark General Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-19746.00 8688.00 31025.00 -23096.00 1999 - 2020 DKK Million Quarterly
Current Prices, NSA

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 -19746.00 8688.00 31025.00 -23096.00 DKK Million [+]
Government Spending 133831.00 137289.00 137289.00 82679.00 DKK Million [+]
Government Spending to GDP 54.00 49.20 60.20 49.20 percent of GDP [+]
Government Revenues 328009.00 300137.00 328009.00 166667.00 DKK Million [+]
Government Debt 774.20 783.37 837.67 419.30 DKK Billion [+]
Fiscal Expenditure 347755.00 291449.00 347755.00 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 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.