Government Spending in Denmark increased to 135350 DKK Million in the second quarter of 2021 from 131986 DKK Million in the first quarter of 2021. source: Statistics Denmark

Government Spending in Denmark averaged 111297.71 DKK Million from 1991 until 2021, reaching an all time high of 135350 DKK Million in the second quarter of 2021 and a record low of 82679 DKK Million in the first quarter of 1991. This page provides - Denmark Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Government Spending - values, historical data and charts - was last updated on September of 2021.

Government Spending in Denmark is expected to be 129820.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Government Spending is projected to trend around 141666.00 DKK Million in 2022 and 144074.00 DKK Million in 2023, according to our econometric models.

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Denmark Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
135350.00 131986.00 135350.00 82679.00 1991 - 2021 DKK Million Quarterly
Constant Prices 2010, SA

Denmark Government Last Previous Highest Lowest Unit
Government Debt to GDP 42.20 33.30 58.10 27.30 percent of GDP [+]
Government Budget -3.50 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 796.23 786.79 837.67 419.30 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 Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.